The real estate market is going strong, so it’s a great time to sell. But what if you want to simply sell as fast as possible without any trouble? In this case, you might consider selling a home as is.
This is when the buyer simply purchases your house based on its current condition. So what are some situations where you would sell as is? This article lists five plausible scenarios.
1. When You Inherited the Property
In some situations, you might inherit a home, but you don’t have any time to put into it. For example, maybe you inherited property on the West Coast, but you live on the East Coast.
In this situation, selling the house as is makes a lot of sense. This means you won’t have to fly over to fix up the house.
2. When You’d Rather Spend Time on Something Else
While making upgrades and repairs to a fixer-upper home can result in a higher selling price, this kind of home sale doesn’t always make sense financially. For example, perhaps you’re a business owner who can work for $80 an hour.
In this case, renovating your house may not make sense as you’d actually lose money due to missing out on your regular income. Before committing to renovations, make sure you correctly calculate your finances.
3. When You Want Cash Buyers
In various industries, certain kinds of sales are more likely to attract cash buyers. Generally speaking, when selling your house as is, you’re much more likely to encounter cash-only buyers.
The great thing about cash-only buyers is that they usually want to make the sale fairly quickly. This means you can sell the property and get on with your life. Check out ibuyhousesboise.com to get a cash offer today.
4. If You Want to Avoid a Home Inspection
You might also want to consider selling a house as is if you want to avoid a home inspection. The home inspection stage of selling a house is widely regarded to be one of the most stressful periods.
You can avoid that step entirely by simply selling your house as is.
5. If the Home is Likely to be Torn Down
The final reason to consider selling a house as is is when the house is likely to be torn down. This will typically happen if the land the house is on is worth more than the house itself.
Many buyers simply want a plot of land as a blank canvas, so they simply buy a property as-is and they knock the house down and start from scratch. If you have a property with fundamental problems, such as foundation issues, it may make sense to sell as is.
Selling a Home As Is Can Be Easy
As you can see, there are many compelling reasons for selling a home as is. If you want to sell your home quickly, or if renovations are not worth your time, selling a home as is may be your best option.
If you want to learn more about some other home-related topics, check out the rest of our blog posts.
