Unfortunately for owners of fixer upper properties, most buyers are looking for properties they can move into immediately. As a result, the likelihood is high that they will scroll right by your listing if it doesn’t present well. When you’ve got a property that needs repairs or total rehabilitation, the situation will likely only get worse as time goes by.
Even if you get an offer, the home inspection results may cause the buyers to back out or request credit for the needed repairs, often with exorbitantly high estimates.
There comes a time when you must finally put an end to the suffering. The exit strategy you decide to use can make a tremendous difference in the amount of cash you walk away with after the closing. Read on as we explore what to do with your costly Lynchburg fixer upper property.
FSBO
For sale by the owner is one option if you have a Lynchburg VA fixer upper property that has become too costly to hold. This option is often attractive because listing as a FSBO doesn’t involve paying thousands in real estate commissions, leaving more profits for your. While it sounds good in theory, it rarely works to your advantage to sell on your own.
FSBO homes tend to sell for 26 percent less than those listed with an agent, and the percentage of FSBO home sales has slowly declined over the years. For sale by the owner homes now only account for 7 percent of market sales.
One of the biggest mistakes people make when selling FSBO is setting the asking price too high or too low; either can cause your home to linger on the market. Before jumping into the market on your own, why not contact a local Lynchburg professional investor, like an expert from Linken Investments, who will detail the amount your home could sell for on the traditional market vs. the cash offer we make for your home?
A comparative market analysis commonly known as a CMA helps homeowners to determine home values. It’s a report that real estate agents prepare to help sellers determine a realistic listing price for their property. The CMA considers factors such as the size of the property, the number of bedrooms and bathrooms, the age of the home, and any special features or upgrades. This information helps to compare the property to others in the area and determine a fair market value.
If you would like to have a Free CMA of your Lynchburg home, please call us at 434-390-2906 to schedule a time.
Make Repairs
Of course, while time-consuming and costly, the most profitable way to sell a Lynchburg fixer upper property is by making the repairs and presenting the home in a renovated state. If this isn’t an option, you could instead do minimum updates and repair the most obvious damage.
While TV shows often make home renovations look simple, the reality is far more complex. Hiring professionals is the best way to avoid costly mistakes. Before diving into any project, it’s crucial to understand the property’s ARV (After-Repair Value) to determine if the investment makes sense for your time, budget, and goals.
When you work with a direct cash buyer like Linken Investments, you’ll get a clear breakdown of how every number is calculated and how your cash offer was determined. That way, you can make a well-informed decision that truly fits your situation.
Traditional Listing
A money pit may be all buyers see when they scroll through the listings and see your Lynchburg fixer upper property. You can expect lowball offers, because the buyer will be taking on all of the risks. There could be unseen damage or structural issues that they find as they dig deeper into the project.
When listing a house that needs repairs, you’ll be required to complete a disclosure form, even if you’re selling as-is. It’s always wise to be honest about any known issues while also highlighting the property’s strengths. Full transparency not only builds trust but also helps you avoid potential legal headaches down the line.
Alternatively, if you choose to sell directly to a local cash buyer like Linken Investments, we’ll take on the responsibility(and the risk) of handling a repairs ourselves. Plus, unlike a traditional sale, you won’t have to worry about agent commissions, closing costs, or uncertain timelines. We offer a guaranteed closing date (often in just a few weeks) but if you need more time, we’re flexible. You’re in control, and we’re here to make the process smooth and stress-free.
Give us a call or text anytime 434-390-2906 or fill out the short form here today!
Linken Investments, Lynchburg’s Trusted Home Buyer and Seller
The easiest solution is selling the house in as-is condition to Linken Investments for relief from the costs of your Lynchburg fixer upper property. At Linken Investments, we are your neighbors here in Lynchburg, and we take great pride in our work; we want you to feel good about working with us long after leaving the closing table. Call Linken Investments at 434-390-2906.
Linken Investments LLC is a trusted, locally owned real estate solutions company based right here in Lynchburg, VA. Since 2005, we’ve been helping homeowners sell their houses quickly and easily. We’re known as Lynchburg’s Trusted Cash Home Buyers, and we’ve earned that reputation through years of honest service and real results.
As both experienced real estate investors and licensed Realtors in Virginia, we give you options. Whether you want a fast, all-cash sale or prefer to list your home on the market for top dollar, we’ll guide you every step of the way—on your schedule and with your goals in mind.
Clients trust Kenneth Mann and the Linken Investments team because we combine deep local knowledge, decades of experience, and a commitment to honesty and integrity in every transaction. We’re a family-run business that genuinely cares about helping homeowners find the best solution, whether you’re facing foreclosure, dealing with an inherited property, or just need to sell quickly for any reason.
When you sell to us directly:
- You don’t need to make a single repair or even clean up.
- We pay all cash.
- We cover all closing costs.
- You pay zero commissions.
- We can close in as little as 7 days, or on your timeline.
Or, if listing the property is the better option for you, we’ll help you sell for the highest possible price using our powerful local marketing and buyer network.
Getting learning more costs you nothing, and there’s no pressure. We can give you a fair, no-obligation cash offer so you can decide what’s best for your situation. You’ve got nothing to lose—except the stress of a property that’s holding you back.
📞 Call Ken Mann today at 434-390-2906 or fill out the form below to see how we can help you move forward with confidence.