Selling a home can be stressful even under the best of circumstances. If you need to sell your home but it’s a little worse for wear (or a lot worse for wear), your stress levels are only going to increase. For those who either can’t or don’t want to deal with expensive repairs or renovations, there is the option of selling your house as-is.
Understand What As-Is Means
Selling your house as-is means that you are choosing to sell your home in its current condition. You don’t intend to make any repairs or changes to it. That can be a huge relief to homeowners who are finding that the condition of their home is such that the cost to get it fixed up is prohibitively high. Selling as-is also means that you’re responsible for disclosing your home’s condition to buyers. Failing to do so could mean you’re liable for fixing problems that you were aware of but didn’t disclose.
Know Your House’s Condition
The best way to make sure your disclosures are complete is to know as much as you can about what condition your home is in. There could easily be problems you are unaware of. If a buyer successfully makes the argument later that you should have known and told them about those problems, you’ll be in a tough spot. Get your home professionally inspected so you know as much as you can about the shape your home is in.
Learn How Condition Impacts Value
Your home’s condition impacts what it’s worth, and therefore what a buyer is willing to pay. Aside from protecting you from liability after the sale, the information provided by an inspection can also help you better understand your home’s value. Use this information to identify what a fair price for your home is. That way you can spot lowball offers so you aren’t taken advantage of when selling your home as-is.
Once you understand what it means to sell your home as-is, know what condition your home is in, and understand how that impacts its value, it’s time to find a buyer. Worried that no one is going to want your home in less than perfect condition? Don’t be. Simply Sold Homes USA buys homes in any condition. Just give us a call or fill out our online form to get started.
Never sold a house for cash before? That’s okay. Click here to learn about the Simply Sold Homes USA process of selling your house for cash.
