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5 Differences Between Selling an Old Property and a New Property in Joliet

Selling your home can be a complex process, especially when dealing with an older property. Understanding the key differences between selling an old property and a new one is crucial to make informed decisions. While new properties tend to fetch higher prices in the market, older properties come with their own set of challenges and considerations.

Carrying Costs

One significant distinction between selling an old property and a new one in Joliet is the concept of carrying costs. Older properties often require more energy, maintenance, and unexpected repairs, which can add up over time. Additionally, if you have already moved to a new place before selling your old property, you might incur additional costs such as travel expenses and the maintenance of two properties simultaneously. To gain insights into these potential costs, professional home buyers like those at JCH Properties can provide valuable assistance.

At JCH Properties, our team of professional buyers ensures a hassle-free experience with a flexible closing date, often within a couple weeks. This allows you to sell your property quickly and efficiently, saving you from the burden of ongoing carrying costs.

Rarity

Another aspect to consider when selling an older property is its rarity. Older properties often possess unique architectural features, and if there are only a few similar properties available in the market, you may be able to demand a higher price. The professional buyers at JCH Properties can help you understand your market position, identify your target buyer, assess the current market value, and estimate potential carrying costs. Armed with this information, you can make an informed decision about the best way to sell your property.

Upgrades

Modern technology and up-to-date safety features in new properties make them more appealing to buyers. This difference between selling an old property and a new property in Joliet means that making improvements to your property may be necessary to compete effectively. However, when you choose to sell your home to JCH Properties, you can sell it “as is” without the need for costly renovations. Our professional buyers understand the value of time and ensure a seamless transaction without the hassle or expense of improving your property.

Market Saturation in Joliet

Market saturation is another factor to consider when selling an older property in Joliet. If there is an influx of similar properties on the market, you may need to adjust your sales price or consider making improvements to stand out from the competition. Professional buyers like those at JCH Properties can assist you in evaluating the potential profitability of listing your property as-is versus accepting our offer for a direct sale. We provide full transparency, detailing every figure used to make a fair cash offer.

Layout

The layout of newer homes often conforms to modern trends, creating another difference between selling an old property and a new property in Joliet. JCH Properties’ professional buyers can help you determine if your property requires remodeling to meet current standards. We understand that selling your property may be one of the most significant transactions of your lifetime, and we aim to help you make an educated decision. As your neighbors in Joliet, we prioritize transparency at JCH Properties because we want you to feel confident about working with us even after the closing process.

By choosing to sell directly to a professional buyer at JCH Properties, you can enjoy a straightforward and uncomplicated selling experience. Our full-service in-house professionals will guide you through each step of the process, saving you time and money. With JCH Properties, you won’t have to worry about closing costs, commissions, or hidden fees. If you have any questions or concerns, or if you’d like to discuss a specific closing date, our knowledgeable team is available to assist you without any obligation. Contact JCH Properties today at 815.267.6563 and experience a stress-free home-selling process.

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