For most home sales, there’s a lot of prep work that needs to be done. This includes repairing any major damage or even doing a full renovation. However, this isn’t always required with a cash sale.
Selling As Is
When you sell as is, it means you are selling your home without making any changes. The buyer is purchasing it in whatever condition it’s currently in. If you sell your home as is, there are only a few steps you need to take care of. It’s helpful if you have an inspection done before selling your home. This at least lets you know what damage exists. It’s then your responsibility to disclose this damage to your buyer. They need to be aware of any hazards they may encounter and an estimate of the damage will let them know what they should expect to pay for repairs.
Selling to Individual Buyers
When you sell to a cash buyer, there are a few types of buyers you might encounter. Individual buyers will vary more. Many individual buyers include house flippers who purchase homes, renovate them, and sell them in order to make a profit. If you intend to sell as is, you’ll need to find these types of buyers. They are more willing to take a chance on homes that are in disrepair.
Selling to Home Buying Companies
If you intend to sell your home as is, then selling to a home buying company is perhaps the best option. While individual buyers may still purchase your home, there’s less of a guarantee. They may back out if the repairs are too extensive. You might have more buyers turn you down. With a home buying company, you don’t need to worry about such things. They will purchase almost any home no matter what the damage is. All you need to do is enter your home details on their website and wait for a no-obligation cash offer in just 24 hours. It’s an easier way to sell and it requires less work on your part.
Making repairs is expensive and it can take a long time to complete everything. This means pushing back the day you can actually sell. Choosing to sell as is will make the process much easier on you.
Selling your home to Offer Hut allows you to sell without making repairs. Click here to get your cash offer.
