You need to sell your house, but as you look around you see nothing but projects that need to be done. Maintenance, repairs, and renovations can come with a hefty price tag, to say nothing of the time they can take to complete. If all of that seems overwhelming, you could choose to sell your house as-is instead.
Get It Inspected
Start by getting your home inspected. A key part of selling your home as-is is disclosing known defects. That’s not easy to do if you don’t know what condition the house is in to begin with. Even if you disclose everything you are aware of, a buyer could potentially come back later with the argument that you should have known about other problems that you didn’t disclose. That could leave you liable for repairs even if you sold as-is. Avoid that by getting the home inspected first.
Determine a Fair Offer
Understanding your home’s condition doesn’t just make it easier to disclose defects–it also makes it easier to separate fair offers from low-ball offers. A house’s condition directly affects its value. As such, you won’t get the same offers you would if you’d fixed your home up. You should still expect a fair offer though. Once you know what a fair offer looks like, you can confidently set your asking price.
Contact Cash Buyers
Many traditional buyers aren’t as interested in as-is homes as they are in homes they can move into without worrying about repairs. As such, you may have better luck with cash buyers. Cash buyers, especially professional home buying companies like We Buy Houses Florida Panhandle, are often happy to make offers on as-is homes. Such buyers commonly purchase as-is properties intending to repair them and then sell or rent them to make a profit. As-is properties are often ideal buys since they have a better chance of yielding a profit. Once you’ve accepted an offer, all that’s left is the negotiations and closing, something that is easier than ever with a cash buyer.
Selling as-is can be an excellent alternative for homeowners who either don’t have the time or money to get their properties fixed up before trying to sell them. Some people will tell you that selling as-is is harder than getting your home fixed. True, selling as-is comes with its own set of challenges. It doesn’t have to be harder though. You just have to be smart about how you go about it.
Do you need to sell your Panama City, FL house as-is? We Buy Houses Florida Panhandle regularly makes offers on as-is homes. Click here to get started today!