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5 Reasons Selling Your Home As-Is Can Save You A Lot Of Money.

How to Sell a House As-Is When It Needs Repairs

July 13, 2020

What do you do when you need to sell your home fast, but extensive repairs are out of the question, either because they’re too costly or too time consuming? Busy home sellers have a few options in this scenario, including selling as-is, completing just minor repairs, and focusing on only the big-ticket items most buyers are concerned about.

Read on for the options for selling a house that needs repairs, on a short timeline.

Options for listing a home quickly

Sell as-is

Include “as-is” in your listing: Selling your home as-is means that you aren’t going to be spending time making any repairs — what the buyer sees is what the buyer gets. Note that a buyer may still request an inspection, but your agent can set the expectation that no major repairs will be made. Of course, when you sell a house as-is, you’ll likely have to accept a lower sale price than you would if you had completed some updates and maintenance before listing.

Inspect and disclose everything: Another option for selling as-is is to complete a pre-inspection disclose everything found on the inspection report. Again, you’ll likely have to lower your price, but your agent can position your home as a great opportunity for investors, flippers, or people looking for a fixer-upper opportunity.

How do I sell my home fast without completing repairs?

Selling to a cash buyer or investor is another way to skip the renovations, and even bypass the listing process itself. When you sell your home to McCright Properties we’ll buy your house directly, in cash, after you answer a few questions about your home and a home evaluation is arranged at no cost to you.

You’ll avoid the time and expense of listing your home, and you can close when it’s convenient for you. There’s no commitment, which makes it easy to see how much you could get in cash for your home.

The most important home improvements to complete before listing.

If you’re looking to get a price for your home that’s better than “as-is,” consider tackling the big-ticket items that buyers are concerned about. Remember, for most buyers, a considerable portion of their available cash goes to their down payment, so a home that requires immediate work may be out of reach.

But, if you take care of the improvements, you may be able to ask a higher price for the home, covering the cost of the upgrades with your list price and making it attractive to a broader group of buyers. Tackling problem areas now will also help you avoid post-inspection price reductions.

Home improvements worth doing

These are the most common big-ticket items, including some that buyers — and their inspectors — could flag as safety issues:

The most important home improvements to complete before listing.

If you want to know how to sell your home fast and for top dollar, your best bet is to enlist the help of an experienced local real estate agent. Make sure to find an agent who has experience with marketing fixer-uppers. Selling on your own? Here are a few tips to make the most of your fixer-upper listing:

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Pay no commissions to sell your house. Mccright Properties will purchase properties in any condition and any area. We close within a time frame that fits your schedule, we use private funds to avoid waiting on loan qualification, and always handle the paperwork. Just our way of saying Thank You for choosing Mccright Properties!

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