What To Know About Selling A Rundown Property In Lincoln Park

Here’s How Lincoln Park Residents Are Selling Rundown Properties

Real estate buyers in Lincoln Park who are looking to pay with cash are becoming more common nowadays, and this is largely because the cash home-sale method is quite popular throughout North Center. Whether you live in Deerfield, Logan Square, Roscoe Village, or Lincoln Park, you can take advantage of a cash home sale and even sell a rundown property easily.

Remember that cash real estate buyers in Lincoln Park are some of the most competent individuals working in the real estate industry today, and this is in large part what’s propelled the cash model to become even more reliable and preferred than the traditional home-selling model, which typically involves realtors and/or real estate agencies and a bunch of other unnecessary costs. If you want to know more about what we here at Full Price Offers are providing our customers, then read through the sections below.

Take advantage of our award-winning services while the real estate market is still hot. You can get a fair cash offer for your decrepit property when you pursue a rundown home sale through us, and we’ll make sure all your needs and preferences are adhered to. Get in touch with us now!

lincoln park street view
Lincoln Park Street View from Google Maps

Selling a Rundown Property for Cash Is an Ideal Option

Cash home buyers eliminate hassle from the home-selling process, and this is why many who need to sell a rundown home pursue this sale avenue. When you sell your home to a cash buyer, it means you avoid home prep, showings, and staging hassles; it also means you can arrange a flexible closing timeline, one that’s in line with the purchase of your next home.

With Full Price Offers, you can rest easy knowing you’ll get a fair price, no demands for repairs or renovations, experience, and best-in-class customer service. We ensure all these facets to make sure our customers are always thoroughly satisfied. You can elect to pursue a rundown home sale through us and never look back!

One of the most appealing aspects of the cash home-sale model is that you can sell a home as is and not have to worry about staging, renovations or repairs, and a plurality of other requirements that are commonly associated with a traditional home sale. Numerous studies have found that the renovations and repairs done before a home is sold often don’t add value to the home, and instead they wind up being unnecessary costs. Full Price Offers will not require you to do renovations and repairs, and cash real estate buyers in Lincoln Park know that the best part about what they offer is the seamless service.

If you spend a ton of time and money on repairs and the home ends up getting knocked down just shortly after you sell it, you’ll likely feel quite foolish. Avoid this if you can. Over the years, the appeal of cash has not diminished, and some would argue that having cash is even more desirable nowadays for a variety of reasons. Therefore, selling a home, one of the most expensive assets a person can own, for cash is an appealing proposition to a lot of homeowners. While this aspect is appealing in itself, it’s bolstered by the fact that cash home sales are incredibly quick (in most cases), for closing costs, realtor-related processes, and lender requirements are near absent if not absent completely.

Did you know?DID YOU KNOW?

Lincoln Park Zoo is one of the oldest zoos in the country and still provides free admission. The first animal that the zoo had to procure was a bear cub.

Your Property Has Intrinsic Value Even If It’s Rundown

Whereas the traditional home-selling model usually requires a home to be sold in its best possible condition, a cash-only rundown home sale does not, and this is yet another aspect which makes the cash model so appealing. In other words, if you own a decrepit piece of property that requires several repairs and/or renovations, you can sell it as it is and still receive a fair cash value for the property.

Some analysts have found that repairs and renovations homeowners often perform in an attempt to boost home value actually don’t add much to their properties’ intrinsic values. Therefore, choosing to sell a rundown house through us is an ideal option!

Chicago History Museum from Flickr

Expensive and Hassle-Heavy Repair Tasks Are Avoided

Kitchen Repairs: It’s said that everyone wants a large, spacious kitchen that’s filled with all new appliances, and this is largely because such environments are great for cooking, entertaining guests, and many other things. But if you have a basic kitchen that barely meets your practical needs, constructing a first-rate kitchen is going to require expensive upgrades. Don’t pursue a complete kitchen renovation unless a real estate professional tells you to; even then, there has to be significant monetary benefit behind it.

However, you can pursue some minor repairs to make your kitchen appear more inviting, even if it isn’t a “dream kitchen”. If the painting, lighting, and countertops all harken back to the ‘80s, you can change all of these without too large of an investment. You can paint as necessary, install new fixtures, and replace the countertops to something more appealing—granite and marble are not a requirement for an updated look. The price of solid surface materials, however, has come down in recent years, so it might be worth getting an estimate for installing granite counter tops, especially when the kitchen counter space is not huge.

As far as appliances go, most traditional buyers are going to expect these to work. If the oven, dishwasher, and stove are all out of order—or in awful shape—replacing them might be necessary. Remember, however, that to sell a rundown property fast in Lincoln Park, it’s best to avoid home repairs of any kind.

Bathroom Repairs: A clean bathroom—one where everything works as it should—is a necessity. If you have a problem with a running toilet or a leaky faucet, make repairs as necessary if you’re pursuing the traditional selling route; if not, you can avoid these through a rundown property sale.

Cleaning up grout or replacing it is always a good idea, for it can become dirty over the years—this is also an inexpensive task. Any missing tiles should also be replaced. If the bathroom has old wallpaper or dingy surfaces, a new paint job is recommended. The brighter and cleaner you can make the room, the better.

The bathrooms and kitchen are the most important areas in a home. These are areas where traditional buyers will put their focus. They are also the most expensive areas in a home to upgrade.

North Avenue Beach from Flickr

Who to Contact When You Need to Sell a Rundown Property Fast

When it comes to providing high-quality home-selling experiences, nobody does this better than Full Price Offers. Whether you’re in Lakeview, Wickerpark, Avondale, Roscoe Village, Lakeview, Bucktown, or Lincoln Park, we can be of assistance. Call us now to discuss your unique preferences and requirements.

We buy property in Lincoln Park including in zip codes 60614

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Full Price Offers, is a direct real estate buyer on its own behalf or its affiliates, not an agent or listing service.  Consult your real estate, tax and legal advisors where appropriate. All content is subject to Terms and Conditions.

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