Are you looking to sell your home, however, you don’t want to waste the time, effort and energy expensed in making those repairs? Maybe you don’t have the necessary funds to allow for the repairs the house needs before selling. Many homeowners turn to me for help when they face a similar situation. I look for homes in as-is condition. I like to fix them up myself and re-sell them to a family looking for a brand-new condition with the new construction prices. Click here to briefly read a bit more on what I do and how to avoid scammers in this market.
5 Reasons to Sell A Home As Is
Cash Buyers
A cash buyer, such as myself, will buy your house in its exact condition…for cash. Because I am purchasing with cash, there aren’t any banks governing the purchase; and, therefore, leads to a smooth…and fast…transaction.
Repairs
Selling A Home As-Is means you don’t have to worry about the repairs.
Older homes in need of major repairs will make an inspection report quite challenging. A house that needs a ton of work can give you plenty of headaches along with it, as well as hidden projects that likely become unveiled during the renovations.
When you sell as-is, you alleviate the burden of costs, decisions, and time and allows you to sell faster with cash at hand for your next endeavor.
Hidden Fees
When you sell a house as-is, you typically don’t need an inspection report. When selling to a cash buyer, you also avoid realtor commission fees, which could be closer to 4% of the sale. You also avoid typical fees associated with closing costs, such as attorneys and title insurance. This is because there are no mortgage banks in the picture.
Fast Closing
Otherwise, the delay in closing comes through arranging inspections, appraisals, and title searches with the attorneys of both parties. Selling your house as a cash transaction, however, requires only a title search before the deal closes, thus saving you weeks or months of your time. The process is typically speedy and stressless.
Stress
Often, homeowners are faced with situations where they must sell their home. Yet the stress that comes along with it may be hard, or impossible, to bear, depending on the situation at hand. If you are in the middle of an ugly divorce, have found yourself ill and undergoing treatment, or need to quickly relocate, you may not be ready or able to handle the stress of going through the home selling process. Selling to a cash buyer can alleviate the stress and make the most sense for your situation.
Looking for a cash offer on your home? Give us a call or input your information on our contact page here! But please note, be sure to review all your options before making your decision. A good investor will help weigh those options with you without swaying you to accept his/her deal. And, a good investor will not pressure you and will give you time to make a decision. As always, I am here to answer your questions and offer advice!