Sometimes plans don’t come to fruition, and investment property can become a burden, depleting your time and funds. If you’re holding an unwanted investment property, you can take steps to exit the property quickly. Likewise, if you’ve inherited real estate and it’s draining your wallet and wearing on you emotionally, as challenging as it may be, it may be time to let the property go. So read on as we explore how to quickly sell your unwanted investment property in Lafayette LA.
Understand the Market
To effectively sell your investment property in Lafayette, LA, it is important to have a clear understanding of the current real estate market in the area. While some experts predict a slight decrease in sales of existing homes, now is still a good time to list your property. However, for those considering going the FSBO route to avoid paying real estate commissions, the statistics may not be in their favor. An alternative option to consider is working with local professional buyers such as Cedar Cash Home Buyers who provide all the necessary services during the sale process without charging commissions. This means that when you sell directly to a professional buyer from Cedar Cash Home Buyers, you will not be subject to any hidden fees or closing costs.
Asking Price
In order to efficiently sell your investment property in Lafayette, LA, it is essential to have a good understanding of the current real estate market and to compare similar properties in the area to determine an appropriate asking price. If you set the price too high or too low, it can result in longer listing times and lower profits. Professional buyers such as those at Cedar Cash Home Buyers can provide you with information on what you would make from listing the property versus selling it directly to them, so you can make an informed decision about what would be the best option for you based on your specific circumstances.
Prep
Once your property is listed, it is important to make any necessary updates to improve its appearance and increase its appeal to potential buyers. This may include adding a fresh coat of paint, updating outdated decor, and replacing worn surfaces such as flooring and countertops. By doing so, you can increase your chances of quickly selling your unwanted investment property in Lafayette, LA. However, if you choose to sell your property directly to professional buyers like those at Cedar Cash Home Buyers, you won’t have to worry about preparing the property for sale as they’ll buy the property as-is.
Repair
If your property requires repairs, it is advisable to have them completed before listing in order to increase the chances of quickly selling your unwanted investment property in Lafayette, LA. If issues are found during an inspection, it could cause the deal to fall through, or buyers may request a credit to cover the cost of repairs, often using inflated estimates. However, when working with professional buyers like those at Cedar Cash Home Buyers, you won’t need to worry about any repairs as they will buy the property as-is, thus eliminating any potential issues or complications that may arise during the repair process.
Market
Marketing is an essential aspect of quickly selling your unwanted investment property in Lafayette, LA. To make your property stand out, it is important to use high-quality digital photography and 360-degree drone videography, along with staging services, which may require hiring professionals. Additionally, it’s important to have your property listed on the top real estate websites. If you choose to sell directly to professional buyers such as those at Cedar Cash Home Buyers, you won’t have to worry about any out-of-pocket expenses for marketing as the sale process is done directly between you and the buyer.
Cedar Home Buyers
The professional buyers at Cedar Cash Home Buyers can assist you in quickly selling your unwanted investment property in Lafayette, LA for the highest possible profit. Even if they advise you to list with an agent, it is because they want what is best for you, as their neighbors in Lafayette, LA. At Cedar Cash Home Buyers, their policy is full transparency, so you can feel good about working with them long after the closing process is over. To get started, speak with one of the professional buyers at Cedar Cash Home Buyers today. They’ll be happy to listen and help you with the process. You can reach them by calling at (337) 420-0375.