How Sheri Evans Sold Her Rental Condo Without Leaving Home
Sheri sold her rental condo As-Is without leaving home, all while caring for her injured husband. See how we made it stress-free in just 30 days.
When Sheri Evans’s husband was badly hurt in a car accident, she had a lot to deal with. While helping him recover, she also needed to sell their rental condo in Largo, MD. The condo needed repairs, but Sheri didn’t have the time or energy to fix it up, clean it out, or deal with a long home sale.
Situated on the outskirts of Washington D.C., Largo attracts both renters and homeowners. With the median average days on market at 84 and $188 for the average price per square foot it can sometimes be a competitive market. Although traditional sales can cause a home to sit on the market for several weeks due to financing delays, inspections, and closing hurdles. For homeowners in similar positions to Sheri’s, taking a chance on a long sales process isn’t always doable.
That’s when she called House Buyers of America.
The Condo Needed Work
Sheri’s rental condo had been used as a rental for a while and needed updates. The kitchen cabinets had outdated contact paper, the bathrooms were outdated, and there were problems with the heating, plumbing, and electricity. Sheri also couldn’t travel because she needed to stay home with her husband. Going to showings, hiring contractors, or going to a closing office just wasn’t possible.
She needed a simple way to sell it As-Is, no cleaning, no repairs, no travel.
We’ve worked with many homeowners in Maryland who found themselves in difficult circumstances. In fact, we recently assisted a woman in Rockville, Maryland who had inherited her mother’s home and needed an easier way to sell without managing expensive repairs. Many of the properties that we purchase need renovations, updates, and repairs, so we are experts at saving homeowners from these headaches.
We’ve been purchasing homes since 2001 and understand that homes, rentals, and condos require a great deal of upkeep. Sheri was facing a long road of time-consuming updates.
What begins as a handful of cosmetic updates can quickly snowball into extensive issues such as:
• Outdated fixtures and appliances
• Electrical systems
• Air-conditioning and heating problems
• Plumbing
• Structural repairs
Bundle these with normal daily maintenance and utility costs, and a home can quickly eat up your life savings.
Easy Sale Without Leaving Home
We made the sale stress-free and straightforward. Sheri got a fair cash offer and didn’t have to fix anything. She didn’t even need to leave home. We handled everything remotely, so she could sign the paperwork from her house.
For Sheri, it made sense to sell her mom’s home to a cash buyer because:
• She didn’t need to worry about repairs, updates, or cleaning
• There were no steep real estate agent commissions
• The home didn’t have to spend endless days on market
• The sale could be handled remotely and quickly
• She would receive cash in hand
• She could focus on assisting her husband in his recovery
Sheri and other homeowners in similar situations have realized that convenience and certainty weigh far more than squeezing every dollar possible from a home.
Uncertainty is a real challenge that homesellers face when selling their home the traditional way. There are a multitude of issues that can delay closings, or even cause offers to fall through: inspections, financing problems, low appraisals, and buyer pullouts can all cause closings to delay or fall through. For homeowners already dealing with difficult situations, that layer of stress isn’t something they are willing to put up.
Sheri knew exactly what she needed to do to ease the pressure. She signed the contract, and the sale closed just 30 days later. There were no delays, no problems, and no pressure.
What We Fixed After the Sale
Once the sale was done, our team got to work on the condo. In the kitchen, we removed sticky cabinet liners, added missing knobs, fixed the lights, and repaired the dishwasher.
In the bathrooms, we painted the vanities, added new mirrors and lights, replaced plumbing fixtures, and reglazed the tubs and showers. We also cleared plumbing clogs to keep things running smoothly.
Throughout the condo, we added new floors, fresh paint, better lighting, and fixed broken outlets and switches. We cleaned everything, removed old wires, and made sure the heating and electrical systems worked properly.
Having purchased thousands of homes, we have a clear understanding of what repairs and updates are needed to sell a home, and they are often more than homeowners realize. Homes, condos, and especially rental properties experience significant wear and tear, and getting a home prepped for the housing market can be tiring and expensive. This is in addition to hiring and managing contractors, who themselves can delay a home’s progress.
Support During a Hard Time
Sheri didn’t have to deal with any of the stress. She sold the condo As-Is, on her terms, and never had to leave home. With help from House Buyers of America, she was able to focus on caring for her husband and leave the condo worries behind.
She was able to move on with her life and avoid the costs and stress of selling her home the traditional way. It was one less responsibility that she had to deal with.
Her story shows that even during hard times, selling your home can still be easy and supportive.