Selling a house ‘as-is’

By October 14, 2019Real Estate Insights

IMPORTANT TIPS FOR SELLING A HOUSE AS-IS

Most of the time, the purpose of selling a house is to get as much money as possible from the transaction.

Sometimes, however, one just needs to make the sale and get on with life.  There are many headaches that come with making a home marketable for the typical retail buyer.

Unless you have the time and money to rehab your home one quick way to sell your house is to sell it ‘as-is.’

If you’re interested in learning more, continue reading. We’re sharing useful tips for selling a house as-is.

WHAT SELLING AS-IS MEANS

Selling a house as-is refers to selling a home in its current state.

The buyer and seller must also be in absolute agreement about repairs not being made and that the property comes with any and all of its existing problems.

Prior to the sale, a seller has to sign some paperwork, making it clear that they comprehend that they want to sell the property ‘as-is’.

BENEFITS OF SELLING A HOUSE AS IS

Why do people consider selling a house as-is? Some definite benefits come with this approach, including the following:

SAVE MONEY

As Meerkat Investment LLC points out, one of the main benefits of selling a house ‘as-is’ means that you can save a lot of money.

Some people don’t want to deal with the hefty expenses that come with fixing up a house to get more from the sale. It takes quite a bit of money to make a home marketable on the MLS where thousands of other marketable homes are competing for the same buyers. If debt or foreclosure is a consideration this may not be the quickest solution to address the current challenges.

AVOID STRESS AFTER INHERITING A HOME

A lot of times, people who have inherited a home after a loved one passes away decide that their best option is to put it up for sale.

In this case, selling a house as-is can be the most appropriate option.

The sale closes quickly, and this route allows the heir to prevent a lot of the stress that comes with trying to divide the property among their siblings. All that is left for them is to split the profits equally.

YOU CAN SELL TO A CASH BUYER

As a result of these challenges many people end up selling their houses ‘as-is’ to cash buyers.

There are lots of advantages that come from selling your property for cash. The process is much faster than a traditional sale.

Selling to a cash buyer means you won’t be dealing with real estate agents or their fees. You also get paid quicker, expedite the transaction, and avoid any legal issues since the buyer assumes most of the responsibility.

So, contact us today and get started with your complementary quote. We look forward to helping you save time and money.

Meerkat

Author Meerkat

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