Miami is an absolutely beautiful place to call home! There are plenty of buyers looking to settle down in a city that boasts both bustling commerce and a lush, tropical vibe. If you are looking to sell your home for cash fast in Miami, you’re in luck. But it’s important that you realize you have options about how to move forward.
You could go the more traditional route with a real estate agent and endure months of listing and showing, hoping to make enough profit off the sale to cover fees, closing costs, and commissions. Or you could take matters into your own hands, go the FSBO (For Sale By Owner) route, and look specifically for a cash buyer.
Before you pop a “For Sale” sign in your yard, though, you need to consider what preparations you should undertake to get your house ready for sale. This will depend largely on your budget. There are a few ways to go about it.
1. Invest Heavily in Improvements
Significant structural issues such as foundation or roof instability, severe water damage, or plumbing/electrical problems could cut a lot into the profit you’ll get from a cash sale if you’re choosing to sell on your own. If you have the time and the money, investing heavily in major repairs like these could help bring your home back up to snuff and give you a shot at securing a better selling price.
Granted, big projects like this will usually necessitate hiring a professional. Make sure to shop around and find someone who will do quality work for the best price.
You should also be prepared to spend a few thousand dollars on these repairs, depending on the severity of the damage or dysfunction. You’ll need to weigh the pros and cons of spending that cash to determine if you can truly make it back through a more robust asking price.
2. Keep Your Focus Narrow
Maybe you don’t have a few thousand dollars to undertake major repairs. Or maybe you’re lucky enough that your home doesn’t need any significant work, but it suffers from looking dated or even a bit dingy.
In this case, focusing on smaller, more achievable improvements might be the better plan for you. From upgrading appliances to slapping a new coat of paint on the walls, there are many smaller, less time-intensive and costly ways to improve the overall aesthetic of your home and give your asking price a little boost.
If you’re really strapped for extra cash, focus on things you can do yourself (or with the help of family and friends) such as deep cleaning, simple painting, and de-cluttering. You’d be surprised how even these small improvements can make your home more appealing to buyers.
3. Sell Your Home For Cash Fast Now
What if you do have major structural issues but don’t have thousands of dollars at your disposal to fix them? What if you’re on a tight timeline to sell due to an immediate move for work, a divorce, or even a pending foreclosure?
You may not have the luxury of time, and your pockets may not be deep enough to scratch the surface of the repairs your home would need in order to sell for a decent price on the market. Don’t worry—you’re not out of luck!
Meridian Trust purchases homes in all conditions. We guarantee we’ll give you a fair price for your property, in cash, and on your timeline—no repairs necessary, and no money out of your pocket. If you’re pressed for time, low on cash for improvements, or just overwhelmed at the prospect of trying to sell your home on your own, we’re here to help.
We buy homes in Miami and the surrounding areas. If you’re ready to sell your home for cash fast, call our team today, and we’ll get you a cash offer over the phone in minutes.