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How to Sell a House As-Is When It Needs Repairs
We Have Advice on How to Sell a House As-Is, and You'd be Surprised!
When you are getting ready to list your home, you may begin to realize that your home requires a few, or perhaps many repairs. This is common for those that have lived in their home for several years and anyone with an older or outdated home. If you're selling a house that needs repairs, and you don’t want to fix them, there are a few tips to follow to ensure you can find a buyer.
Remain Transparent in Your Listing
You'll need to include "as-is" in your listing to ensure buyers are aware that you aren't willing to spend any time or money performing repairs on the property when you're selling a house that needs repairs.
Although the buyer may still want an inspection, they'll understand that they're responsible for any repairs they want to be made. Keep in mind that if you aren't willing to perform repairs, you'll have to sell the house for a discounted price.
You'll also need to disclose the issues that are present to ensure the buyer is aware of what defects are present. Consider hiring a professional to perform an inspection to determine the extent of needed repairs. This will help you price the property and find a buyer.
Perform Home Improvements
When you're getting ready to sell your home, you may still need to perform a few home improvement projects when selling a house as-is. Opt for completing the projects that are the highest priority, which can include addressing mold or foundation issues. It's important to work on issues that can affect how quickly you sell your home that are often deal-breakers for potential buyers and or their lenders.
Some of the top home improvement projects worth completing include upgrading the HVAC system, updating the electrical panel, replacing the roof, addressing termite or mold issues, repairing the plumbing system, and replacing the water heater.
Perform Easy Upgrades
If you want to sell your home quickly, there are a few easy upgrades to perform, which includes professionally cleaning the carpets, adding new bulbs and light fixtures, repainting different rooms with neutral color shades, and adding caulking in bathrooms and the kitchen.
Perform Proper Marketing
Properly marketing the home when you're selling a house as-is is necessary to attract buyers and to prevent it from sitting on the market too long. Focus on the positive attributes in the listing when describing the property. The lot size, square footage, and new flooring can be selling points to highlight.
Pricing it correctly is also key, which makes it necessary to research homes in the local area that have sold in the last month or two to get an idea of what your home is worth. The type of repairs that are needed should be considered, which will reduce the value.
If you really do not want to mess with the fuss of repairs, consider selling to an investor like Flash Realty Solutions. We buy properties as-is without the need to fix anything! Contact us today to get a no-obligation quote for a cash offer on your home. We're here to answer your questions and help you sell your home quickly.