Too Many Home Repairs: Sell Your House As-Is
Selling your house can be very stressful. Not only do you need to deal with advertising and hire a realtor, but you also need to deal with repairs and renovations. Repairs and renovations are necessary especially if you want to “sell my house fast.” But what if you don’t have enough funds to pay for the costly repairs? Should you still push through or is there a way for you to sell your house as-is despite that it requires too many home repairs?
Understanding What Selling As-Is Means
Selling your house as-is simply means that you are selling the property in its current condition. Thus, your home comes with its current flaws and issues. When selling a house as-is, many homeowners have the impression that selling a property that requires too many home repairs would mean that they are free from any obligations that come with the sale of their home. This includes imposing whatever price they can on the property or avoid discussing with potential buyers the issue about their homes.
Reasons for Selling Your House As-Is
Despite that it needs too many home repairs, there are certain situations when selling a home as-is is desirable. One of the biggest reasons to sell your house given its current condition is that you cannot afford to make any repairs. You might find yourself in dire financial straits that any repairs are not really feasible.
Another valid reason is that you cannot handle the immense stress involved in renovating and then selling a house. People who experience different situations such as divorce, serious illness, death in the family, or foreclosure are not really that eager to make home repairs prior to selling the house.
Whatever reason that you have to sell your house fast as-is, it is important that you explore other options before making a final decision. Seek help from friends, family, or even your realtor so that they can provide you with solutions so that you can “sell my house fast” without being questioned by the home buyer for selling your house as-is.
Hurdles of Selling with Too Many Home Repairs
When you are selling a house that has many issues, then selling it as-is may be your best option. But while it is convenient to sell it as-is, the idea of wanting to “sell my house fast” may be a challenge. The thing is, buyers are protected by the Consumer Protection Act Chapter 93A and that realtors hold higher standards when it comes to disclosing the defects of homes that they are selling due to them. So, if the basement floods during rainy season, you or the realtor (if you hired one) needs to disclose such defect to the house buyer.
Potential buyers might be discouraged from buying a particular house that has a lot of issues. But it is important to note that not all house buyers are easily put off by a property that requires too many home repairs. So, with the right selling attitude, the right buyer will come along who are not too particular about the condition of the property that they are buying.
Can I Sell My House Fast As-Is?
The idea that you want to “sell my house fast” is highly possible even if you sell your house as-is but you have to remember that you might not be able to get a good price. Conventionally, buyers will tend to low-ball you. They will likely bargain with you so expect to get offers that are less than what you want or what your home is worth. It will be wise if you seek help from an assessor or inspector who will give you an idea how much your property costs so that you can use it as a benchmark when potential buyers are making their offers.
Moreover, you might have to work harder to convince the house buyer and even the realtor that your home is worth its price. Because the buyer may have a lot of negative perception about the house, breaking through their assumptions can be difficult. What you can do, if you really want to sell your house fast is to think of an attractive selling point in your home despite its needs for many repairs. These can include its close proximity to the city center, the condition of the neighborhood, and the market property value in your area.
Another thing that you can do is to keep the clutter in your house to a minimum. Sure, the walls may need a fresh coat of paint and the kitchen counter has some chips, but if you keep your clutter to a minimum, it will make your house look decent. Even if your house is battered, keeping it orderly, organized and clean will put you in a positive light. To keep clutter to a minimum, doing simple things like mowing the yard, putting away dishes, making the beds, and keeping surfaces clean can improve the overall look of your home.
How Professional House Buyers Can Help
If you need to sell your home immediately in its current condition, one of the most viable options you have is to seek help from professional house buyers. Professional house buyers like Sell Quick California are perfect for distressed sellers who need to sell their homes immediately. We are in a position to buy homes as-is regardless of the condition and location.
When looking for professional house buyers, look for those that will not purchase your home for pennies. Look for those that will pay you the amount that is close to the market value of your home. That way, you will be able to get a fair price for your house.
Selling a house as-is, that needs too many home repairs, can be challenging but not totally impossible. As long as you know where to seek help, you will be able to get a fair price for your home so that you don’t have to deal with potential buyers who will look at you as a desperate seller. You can control the price of your home and not the buyers.