The more attractive your home is, the higher the final sales price is, and the less time it sits on the market so many homeowners spend thousands getting ready. Preparing for your listing photos and showings when your home is on the market can be costly. However, there are ways to work around spending a great deal with some creativity. Read on as we explore how to sell your house in Oklahoma City or surrounding areas when you are on a budget.
One way to sell your house in Oklahoma City, Oklahoma when you are on a budget is to stand at the street and imagine how your home will look to a buyer as they step out of their car, then take steps to improve the view. For example, attention to your lawn and landscaping features can go a long way to up the curb appeal. Do the trees need to be trimmed? Junk stacked against the side of the home? Paint peeling? Let’s get that fixed prior to putting your home in OKC up for sale.
And while you’re adding up your expenses, you will need to keep some reserves for your marketing expenses, including the fees for a professional photographer to sell your house in Oklahoma City, OK; your online images are not the place to save when you’re on a budget. Buyers will simply scroll by if they see low-quality photos. On the other hand, high-quality digital imagery is now the standard for all online listings. So keep this in mind as you ready your home, and remember, you may also need to hire a drone pilot depending on location and drone laws. But these drone shots are a powerful addition to marketing your home to a prospective buyer.
A simple fix that will go a long way to sell your house in Oklahoma City when you are on a budget is to declutter, imagine walking into a hotel room, then clear your furniture and belongings accordingly. It is also beneficial to remove any oversize furnishings as they tend to shrink spaces visually.
A sparkling clean house will help sell your house in Oklahoma City, OK when you are on a budget. Cleaning is cheap. Just a little elbow grease and hot soapy water go a long way. Buyers notice odors in a home or when things appear worn out, which can detract from the good bones of your home, so do your best to clean surfaces, replacing the flooring, countertops, or cabinetry only when necessary.
One helpful tip to help sell your house in Oklahoma City when you are on a budget is to add a fresh coat of paint and keep it neutral, following the guidelines of professional stagers. For example, consider painting the exterior and highlighting the front door with a complementary paint color.
Selling directly to Metro Cash Offer means you skip the work and hassles of listing to sell your house in OKC and surrounding areas when you are on a budget. Instead, a direct sale to Metro Cash Offer means you can save all of the money you would have spent preparing. In addition, you can forget about the inspections and repairs because Metro Cash Offer buy homes in as-is condition. You can also save the closing fees because we buy houses for cash, and we can guarantee the closing date you select. And the direct buyers at Metro Cash Offer never charge real estate commissions. When you work with Metro Cash Offer, you’ll have the numbers to compare the best way to sell your house for yourself, so you can decide what works best for your circumstances. A direct buyer from Metro Cash Offer will provide details on the profits you would make if you list vs. our offer, which you will agree is a fair market value. We do this at Metro Cash Offer because we care about solving your problems and want you to feel good about the deal long after the transaction. So why not sell your home directly to Metro Cash Offer, the easy way, and walk away from the closing table with more cash in your hands? Call Metro Cash Offer at (405) 754-2444.
If you’ve found yourself saying, “I can’t sell my house in Oklahoma City Oklahoma,” Maybe you’ve been trying to sell your Oklahoma City house on a budget for a while now and haven’t received any offers, don’t panic! You still have a few options at your disposal to help you sell your house for a fair price.
You’ve probably already tried the first one at least once: Lowering the asking price.
Everybody wants to sell their house for more than they paid for it but if housing prices in your area are low, the economy’s not doing well, or your home has some sort of structural or locational problem, you may have to reduce your asking price.
What are my options if I can’t sell my house in Oklahoma City?
Here are five other things you can try when you can’t sell your house in Oklahoma City:
1) Take It Off the Market
You may be trying to sell your home at a bad time, such as when there are a lot of other houses just like yours on the market, during the winter months, or during the holidays.
If this is the case, you might be best served by taking your home off the market for a few weeks or a month – if you can afford to keep paying the mortgage – giving some “rest time” to the marketing of your home. Then it’ll be a fresh new listing when it goes back on the market after the holidays or winter months.
2) Take Out a Second Mortgage
If you have built a lot of equity in your home, you may want to take out a home equity loan — if you can afford to pay the higher monthly payment, that is. If not, you may be able to renegotiate a loan modification plan with your lender or convert your adjustable rate mortgage into a fixed-rate mortgage that has a lower interest rate. The loan can be used to fund other things, including real estate investments.
3) Rent Out Your Home
If you can’t sell your home and don’t want to hold two mortgages (your old home and your new home) one option may be to rent out your home at or near the price of your monthly mortgage payment. That allows you to apply the rent to your mortgage without having to incur any additional expense – other than upkeep, maintenance, and repairs. There are other things to be aware of when renting out your home so beware and be educated prior to taking this path.
4) Consider a Short Sale
“I can’t sell my house in Oklahoma City because I owe too much!” This can happen if you purchased your home within the past few years and currently owe more than the home is worth (called being upside down).
In some instances, you can negotiate with your lender to accept less than what you owe on your mortgage. If it looks like the other option is a foreclosure and you are able to prove insolvency, your lender likely will accept a short sale. We can help step you through this. No fees.
Keep in mind, however, that short sales can affect your credit. Redeeming a pre-foreclosure on your credit history might disqualify you from getting another mortgage, at least for a little while.
5) Offer a “Lease to Own” Option
A lease-to-own option is when you rent your house to somebody with the option to purchase your home at or before the lease expires. This is a good option if you can’t find qualified buyers because you can collect rent plus a lease option fee from a tenant while giving them time to save up for a down payment and establish their credit so they can get a mortgage to buy your home at an agreed upon future date.
You also can add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – you can keep it as income.
I Can’t Sell My House in Oklahoma City Oklahoma!
If you are interested in learning more about your options for selling your home in Oklahoma City Oklahoma, call us at (405) 754-2444 or fill out the form on this page to get more information sent to you right away.
We Buy Houses in Moore, OKC, Norman, Tuttle, Blanchard, Mustang, Purcell, Newcastle, Edmond, Lindsay, Yukon, Noble, Duncan, and many other cities across Oklahoma.
There is an easy way to sell your house fast. Sell your house directly to us and skip the hassle of showings, appraisals, realtors, long waiting periods, repairs, fees, etc. We are home cash buyers in Oklahoma City, OK that buy houses fast in any condition or situation. If you need to sell your Oklahoma City home or surrounding area home to a reputable home buyer. Give us a call, fill in the form below or visit our home page to learn more. We are friendly, fair, honest, and happy folks who enjoy helping others just like you.