If we’re being honest, and I think we are, then we can all agree on this: Selling a house is a major pain. It’s a pain in the pocketbook. It’s a pain in the neck (and back). And it can cause major head pain.
When my wife and I were about to sell our starter home, it did not go well. It was, as the name suggests, the first house we’d ever purchased. It was small, everything was outdated and it had definitely seen its better days by the time we moved in.
We were busy with our careers and trying to start a family, so we didn’t spend too much time fixing up the old fixer-upper. The paint peeled, the shingles were shot and we broke some stuff that we never bothered to fix.
Then, one morning my wife showed me two pink lines on a little white stick, and all of a sudden our one-bathroom, one-and-a-half bedroom house wasn’t big enough.
It was time to sell.
We were excited about the equity in our house–until we had a real estate agent out to look at the house and tell us how much we could get for it.
The agent wasn’t excited. Turns out we wouldn’t break even unless we fixed the holes in the sheet rock, put on a new roof, repainted, steam cleaned the carpet, replaced some cracked tile and on and on the list went.
We did some "guesstamating" and determined it would have cost us thousands of dollars just to have the opportunity to barely get out of the house what we put into the house–and that was if I did most of the backbreaking work myself.
Needless to say, my wife and I fought about what to do. She thought I should put the money and manpower into fixing up the house. I thought we should just try to sell it without fixing it up.
Then our friend told us about a company that was ugly house buyers. A phone call and two meetings later, we got cash for the house.
It was that easy.