Suppose you have an abandoned property in Fort Myers and are ready to sell it. In that case, we understand the stress and financial issues you may be facing, and we’ve gathered the following information to help make the process as easy as possible.
Read on as we explore the best way to sell an abandoned property in Fort Myers.
Assess
The initial step when selling an abandoned property in Fort Myers involves thoroughly inspecting the property to assess the extent of any damages. This inspection should be meticulous and include everything from the roof and foundation to the electrical wiring and plumbing. Once you have a clear understanding of the condition, you can then request estimates from qualified contractors to repair the damages.
Having a clear picture of the repair costs empowers you to make an informed decision. If the repairs are relatively minor and the property value post-repair justifies the investment, then fixing the property up before selling might be the way to go. This approach could potentially yield a higher selling price. However, extensive repairs can be costly and time-consuming. If that’s the case, or if you simply don’t have the resources to take on such a project, selling the property “as-is” might be a better option. This route allows you to sell the property in its current state, saving you the time and money required for renovations. There are also cash buyers, like the ones at Core Real Estate Properties, who specialize in buying properties as-is, often without charging commissions.
Price
Setting the right price is crucial for selling any property, but it’s especially important for abandoned ones. An inflated asking price on an abandoned property is a major turn-off for buyers. Today’s informed buyers can easily find comparable listings online and will simply bypass yours if they think it’s overpriced. This can lead to the property sitting on the market for a long time, accruing additional holding costs and potentially attracting vandalism. On the other hand, underpricing can also be detrimental. It might make potential buyers suspicious about the condition of the property and discourage them from making an offer.
Here’s where working with a direct buyer like Core Real Estate Properties can be advantageous. We have a team of experts who can accurately assess the current market value of your abandoned property, considering its condition, location, and recent sales trends in Fort Myers. This will provide you with a clear picture of what you could expect from a traditional listing versus the offer we present. We at Core Real Estate Properties are committed to transparency and fairness. We want you to be fully informed about your options so you can make the best decision for your situation and feel confident about the outcome long after the sale is finalized.
Method
Traditional real estate sales might not be the most efficient way to unload an abandoned property in Fort Myers. While listing on the market offers wider exposure, the process can be lengthy and come with significant costs. You’ll not only be responsible for holding onto the property while it waits for a buyer, but you’ll also need to factor in listing fees and realtor commissions which can eat deeply into your final profits after closing costs and other expenses.
Selling directly to a company like Core Real Estate Properties offers a more streamlined and potentially more lucrative solution. There are no realtor commissions or hidden fees to chip away at your profits. Additionally, you’ll be relieved of the burden of repairs, prepping the property for showings, and ongoing marketing expenses. Since Core Real Estate Properties handles the closing costs as well, the cash offer they present is exactly what you’ll walk away with at the closing table. The time-saving aspect is another perk. Core Real Estate Properties can close quickly, giving you access to your funds within weeks, or they can work with you to schedule a closing date that aligns with your move.
Core Real Estate Properties
It’s clear to see that by selling directly to Core Real Estate Properties, you save time, money, and headaches, so why not choose the best way to sell an abandoned property in Fort Myers? The difference starts with communication, so talk to one of our direct buyers at Core Real Estate Properties with no obligation. At Core Real Estate Properties, our direct buyers take the time to stop and listen to answer your questions thoroughly and address any concerns you have about a direct sale. Why not call for a no-obligation consultation and see how a direct sale to Core Real Estate Properties can help solve your problems in selling your abandoned property in Fort Myers. Call Core Real Estate Properties at 239-360-3176.