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Can You Really Sell Your Home In As-is Condition? Yes!
In the market today, most homeowners believe that they are not able to sell their home if there are needed repairs or a lot of work needed to be done on the home. Selling the home without making these repairs would be termed “As-Is”. Most of the work that would need to be done would be listed with an inspector who would come in and check everything from the foundation to the plumbing, and would make an extensive list which would be used to mark down the price of the sale, and potentially scare off some would-be buyers.
Many sellers find that when they put their home on the MLS lists “As-Is”, they have found that private buyers will be less apt to close on the deal. They do not want to be responsible for taking care of major repairs when the purchase the home. Families especially are looking for a residence that is move in ready, without too many complications. Since most buyers are looking for houses that are already in a fixed up condition, they may pass up your home in favor of another.
When a house is listed through the MLS with a realtor, the seller will as a result make less profit from the sale. ...
... Discounts will be taken right off the top of the price of the home for each and every repair that is listed on the inspectors report. Also, the realtor will charge commissions every time they change the contract to reflect the repairs in the sale and how they will be dealt with. That is a sure drain on how much return the seller would expect to make.
A number of lenders which potential buyers may use will require that an inspection be done for termites. When choosing to make the sale with a cash buyer, such as an investor, this inspection is many times waived, which can make the sale much more simple for all parties involved.
When you looking to sell your house “As-Is” quickly and efficiently, you really may want to consider working with an investor. Their ability to pay cash for the sale decreases the amount of wait time for the homeowner trying to sell. Another good reason to work with an investor is that since there is no realtor, you don't have to pay out an extra commission check which results in more profit for your home sale.
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