Does Your Home Have Termite Damage? Part 2
You’re ready to sell your home but termite damage has become a potential stumbling block. In the first part of our article, we discussed the signs of termite damage, problems you may run into with potential buyers, and the importance of disclosing known damage in your home. In this last section, we’ll talk about your home selling options and ultimately how you can secure cash for your home in Tampa, FL.
Starting the Selling Process
Everyone wants a smooth selling process, but when dealing with potential termite damage, if you’ve had your home treated, you must be prepared to show the buyer relevant termite treatment and damage documentation. This includes inspection reports, bills, treatment methods, and your ongoing termite protection agreement. If you do not have any evidence of treatment or repair, you will have trouble getting cash for your home in Tampa, FL, especially when listing it with a real estate agent.
What Are Your Options?
Putting your house on the market isn’t the only way to sell your home. You do have options:
List your home with a real estate agent: If you want the highest return for your home, have extra money to repair the termite damage and can wait several months to a year to sell, this option may be the best for you. We must stress that listing a home with extensive damage often results in an expensive and long selling process.
List your home yourself: The For Sale By Owner (FSBO) route is best if you want to cut out the middleman (the real estate agent) and you have a deep understanding of how to sell a house. If you can remain objective and have the time and resources to handle listing the house, schedule showings, and handle all documentation and negotiations, go for it. Although this sounds great in theory, finding the time and expertise to manage an FSBO has proven to be a very difficult endeavor for the typical homeowner.
Sell your home to an investor: Although some homes are beyond repair or the repairs are just too expensive for the average homeowner to handle, selling your home in its current state is still possible. A real estate investor can buy your house in its current condition and pay you cash for your home in as little as one week. At Ethical Home Buyers, we routinely pay homeowners cash for their homes in Tampa, FL, regardless of the home’s condition. If you’d like to learn more, give us a call today!
Working with Ethical Home Buyers will eliminate the issues that you’d experience when selling your home through a realtor or FSBO.