Often, selling a home is a stressful process that includes a lot of preparation work. Making repairs and renovations is the largest part of this preparation and you actually have the option to not do it. Selling your home as is, opens up many opportunities and is worth exploring.
Review the Damage
If you choose to sell your home as is, the first step of the process is reviewing the current condition of your home. Over the years, a home goes through a lot of wear and tear. The plumbing might not be in its best condition. The electrical work can become worn out and there might just be routine damage throughout the home. You need to take stock of all the issues in your home. See what damage there is and how extensive it is. If possible, you might consider making a few minor repairs around the home to reduce any hazards.
Disclose Issues
When you create the listing for your home, you need to disclose that you are selling as is and that there is existing damage. Your buyer needs to know the condition of the home and what they should expect upon purchasing it. For example, if you market your home as a fixer-upper, you need to let your buyer know how extensive the work to repair the home will be. They need to be financially prepared for the repairs. Additionally, your buyer should know how safe the home is. If you sell a home without telling someone about certain damage and they are injured, you expose yourself to a potential lawsuit.
Find the Right Buyer
Typical buyers are looking for updated homes without any needed repairs. Marketing to these buyers is not the way to go. You want to find someone who is willing to fix it up or someone who regularly buys homes as is. This is why a cash buyer is probably your best option. Cash buyers are prone to buying homes as is because they then fix up the home and sell it for a profit. Selling to a cash buyer allows you to quickly get the home off your hands without having to do more work than you’re prepared to.
If you sell your home as is, you don’t need to dump a bunch of money into repairs or spend months delaying putting your home on the market. You can get your home out there right away and move on to your next property much faster. Selling to a cash buyer can help you sell in under 30 days.
Do you want to sell your home as is? Click here to get an offer from Matt Buys Indiana Houses.
