If you’re thinking about selling your house but worried it needs repairs or you’re unsure how to move forward, you might find yourself stuck between listing it traditionally or selling directly to an investor. But there’s another option many homeowners don’t know about: real estate novations.

Let’s break it down in plain English.

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What Is a Novation in Real Estate?

A novation is a real estate agreement that allows an investor to step in and make repairs or find a buyer for your home while keeping the original contract in place. Think of it as a way to “swap out” one party for another, with everyone’s agreement.

Here’s how it typically works:

1. You sign an agreement with an investor (like me!) to sell your home.

2. We agree on a price that works for you.

3. I find a buyer who can pay more after repairs or improvements.

4. You get the price we agreed on, and I keep the difference.

All of this happens with full transparency, and you’re never responsible for repairs or showings.

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What Makes Novations Different?

With a traditional sale, you’d need to:

• Clean and stage your home
• Make costly repairs
• Let strangers walk through your house
• Wait weeks or months for closing

With a novation, we skip all of that.

• No repairs needed
• No commissions or hidden fees
• You choose your closing date
• Your home can be sold to a retail buyer, even if it doesn’t qualify for traditional financing right now

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Why Homeowners Like It

• Convenience: You don’t need to fix anything or worry about inspections.
• Certainty: You know what price you’re getting from day one.
• Flexibility: Choose when you want to close.
• Win-Win: I handle everything, and you walk away with less stress and the agreed amount.

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Is It Right for You?

Novations can be a great option if:

• Your home needs work
• You want to avoid open houses and listings
• You’re behind on payments or facing other challenges
• You just want a smoother way to sell without the headaches

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Let’s Talk

If you’re curious about whether a novation makes sense for you, I’m happy to explain how it would work in your specific situation. No pressure, just helpful info.

I’m a local investor based in Polk County, and I’m here to help homeowners like you find creative, stress-free ways to sell.

Feel free to reach out!

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