4 Tips for Selling Distressed Properties in Orange County

Selling a home under the best of circumstances can be challenging to say the least, so when you add the factor of a property in a distressed condition, the headaches begin to multiply. Preparing yourself for the realities of the market should you find yourself in this position can help you avoid the pitfalls and shocks of selling a property in less than perfect condition while realizing the highest possible profit for your property in the sale.

In addition, buyers looking on the MLS are typically seeking a move-in-ready home. This desire can make listing a distressed home on the market an extremely harrowing experience; you aren’t likely to have many interested buyers. Those few buyers who show interest often expect to get a real bargain, caring little about your being insulted at their meager offers. But, unfortunately, a higher number of days on the market will only serve to lower the value further in the eyes of buyers, and the bills keep rolling in while you hold the property, taking even more from your bottom line.

We’ve gathered the top four tips for selling distressed properties in Orange County.

Value

To feel confident the offer you’ve received is fair, owners of distressed properties in Orange County should take steps to determine the current market value. First, you can review the most currently sold properties nearest you that are the most similar to the size and features found in your homes, such as a two-car garage or the number of bedrooms. Second, if the property is in the beginning stages of distress, consider hiring a professional appraiser for the most accurate valuation. 

Inspection

To gain an accurate picture of the value of distressed properties in Orange County, owners should invest in hiring a professional inspector. By doing so, you’ll have the numbers in hand to subtract from the current market value of homes that are in move-in condition to give you a realistic number to shoot for as your asking price.

Potential Buyers

It is essential to understand the buyers that distressed properties in Orange County will attract. While you may have some interest in the house from first-time buyers who hope to save money by investing work into the property, you are most likely to encounter investors who improve homes as their full-time business. These buyers purchase properties for cash in nearly any condition, investing time and effort to rehabilitate the property, making their profit on the home’s resale. You have every right to request proof of the financial ability of the buyer to buy your property in the form of financial documents.

H&M Realty Group

We’ve saved the best tip for last, H&M Realty Group is the right solution for homeowners with distressed properties in Orange County. H&M Realty Group has taken years to build a team of the most reputable professionals in the business because we want you to feel good about working with H&M Realty Group long after the deal has closed. The direct buyers at H&M Realty Group are your neighbors and are proud of their work to improve life for everyone in Orange County, one property at a time. As for value, the pros at H&M Realty Group will set out every detail used to calculate the numbers because we want you to agree that our offer is fair. With the backing of cash, H&M Realty Group can close in as few as seven days! Is that a little too soon? H&M Realty Group isn’t moving in, so stay as long as you need; we’ll set the guaranteed closing date on the calendar day that suits you best! Why not let H&M Realty Group help you solve your problems with your distressed property today? Contact H&M Realty Group at 949-625-4533 today!

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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