Often, most homeowners believe that making necessary repairs and upgrades before listing their homes up for sales will give them a better advantage. Unfortunately, it does not! Instead, selling your home as is makes the home selling process easier, faster, and more secure.
Naturally, the thought of selling your house with the leaking roof, faulty plumbing, a 1960-looking kitchen, and old-fashioned cabinets might be scary. And that’s okay. You might think that buyers might lose interest in the property by looking at the whole picture. But, there is one thing you need to know about selling your house as it is before deciding to invest your time and money on repairs and upgrades.
What it means to sell your house as is
Selling your house as it is, means that you sell your home without repairing or improving it. It creates a straightforward impression to buyers that what they see is what they get. The aim is to sell the house in whatever condition it is without spending the extra money to change anything. It’s the fastest and easiest way of selling a property, especially when the seller wants to sell the home to finance other things such as debts or pay some emergency bills.
The whole truth about selling your home as it is
To fully understand what’s behind selling a house as is, let’s take a look at the pros and cons.
Pros
It Saves Time
Since you are not repairing or upgrading the building, there is no reason to wait for months before inviting buyers to come and inspect the home. When you sell your house the way it is, you will avoid the headache of mortgage approval procedures, which drastically slow sales down. If you are in a situation that requires your property’s urgent sales, you had better sell your home as is to get your cash quicker.
It Saves Money
The expenses involved in repairing and upgrading a property to look appealing to buyers are not a joke. On an average standard, repairs or upgrades might cost up to $200 000. In some instances, some homeowners go into debt just because they want to fix some faulty areas in their property.
People sell a home because they need money. Hence, selling a house as is remains the wisest home sales option to save cost. You won’t have to worry about spending so much money on repairs and improvements.
Cons
Fewer Offers
One of the reasons some sellers prefer repairing and upgrading a home before putting it up for sale is to make it more attractive to buyers. Honestly, not many buyers would be motivated to put their cash on a house with leaking roofs, old-fashioned doors and windows, faulty plumbing, faded paintings, and all of that. The cost of repairing and improving the defective areas can make buyers run for the hills. You may only the interest of house flippers or real estate investors.
Lower Profits
Buyers would want to lower your price in the claims of making up for the cost of the necessary repairs. That will make you get a lesser amount of money you think you deserve. On average, most homeowners who sell without repairing the building get lower profits in the long run.
Selling your home as is remains the easiest and fastest way of converting your property to cash in the shortest time possible. You can also get higher profits if you sell to a considerable cash home buyer. We are an experienced cash home buying company with the mission to serve people’s needs. We buy ugly houses as is, and we ensure that our sellers get value for their properties.
Do You Need A Legitimate Cash House Buyer?
If you are thinking, “I need someone to buy my house fast” then look no further. My name is Michael Lee, and I’m a local real estate investor buying houses as is for cash. If you are in a situation where you need a house buyer to come to the table with a SERIOUS OFFER, give our team a call at 1-800-610-6171, or click the button below to submit your contact information. One of our house buying specialists will call you within one business day to begin learning about your property and get an offer ready. It’s that easy – So what are you waiting for? Contact us today!