4 Essential Benefits of Selling a Home As Is
Many real estate agents suggest doing at least a little renovation and improvement before you put your house on the market. There are some advantages to doing that, but it isn’t always necessary. In fact, you can sell your home in the condition that it’s in right now. Here are some advantages of selling a home as is.
It saves you money
One of the major benefits of selling a home as is is that you can save a lot of money. There’s no need for interior or exterior renovations, and you don’t have to worry about staging the house for showings. Many people don’t want to deal with the major expenses that come with fixing up a house before they put it on the market, and you really don’t have to; not doing so saves you money.
You can sell your home quickly
If you’re thinking to yourself, “I need to sell my house fast,” then selling it as is is the way to go. Not only are home improvements expensive, but they take a long time too. You have to wait until they’re done before you can even list the house, and that can get time-consuming. If you’re looking for a quick sale, then you can skip the renovations and sell the home as is.
You avoid stress after inheriting a home
Sometimes, people who have inherited a home after a family member passes away decide that putting the house on the market is the best option. If you’re selling an inherited home, selling it as is is probably your best option. The house will get sold quickly and you can avoid the stress that comes with trying to divide the property among other siblings and family members.
You can sell to a cash buyer
Finally, selling a home as is can allow you to sell the house to a cash buyer. An investor might want to buy your house and flip it, and there are many advantages to selling your home for cash. You don’t have to deal with realtor fees or mortgage brokers, and you can avoid many legal issues since the buyer assumes all liability.
According to data from the National Association of Realtors, there were more than 5.51 million existing homes sold in 2017 alone, and some of them were probably sold as is. You don’t have to put money into a house before you put it on the market if you want to sell it.