Perhaps you wish to sell your house quickly but are not interested in making renovations. Or, maybe you do not have money to perform the required renovations. If this sounds like you, selling your house “as-is” can be a great option. Not only will you be able to offload the house, but you also won’t incur the cost of renovating your house. The best thing about selling “as-is” is that the buyer knows what they are getting into, so you won’t have any problems down the road. However, you may have to accept less than what you could have gotten by first repairing your house before selling it. On the other hand, selling your house “as-is” excludes the rigorous steps involved in the traditional house-selling process. Will I be able to sell my house fast? Absolutely! You can complete the entire transaction in as little as 10 days! However, you must know who to sell to and a few other tips to make your sale as smooth as possible. Here’s how to sell your house “as-is”:
Be Reasonable With Your Asking Price
If you are selling your house without any repairs, you should be reasonable with your asking price. This is because the house may need minor repairs on some parts, or the entire house may need major renovations and remodels, which the buyer will have to bear the cost of. Minor repairs may bring the value of your house closer to the market value, but significant renovations such as roofs will lower the value of your house. Furthermore, you should also be honest with prospective buyers. Be upfront about the problems with your house and provide buyers with a comprehensive list of needed repairs. Many buyers also perform a quick assessment of your house before making an offer on the house.
Find Out the Cost of Needed Repairs
Before you put your house on the market, you need to know the cost of needed repairs. Information is your best friend because you will not have any bargaining power if you do not have an accurate estimate of the cost of needed repairs. You should consult with a professional contractor to get an accurate estimate of the cost of repairs. You should also speak with local appraisers to get an idea of what the property will be worth after the repairs. This will give you an idea of the market value of your house with repairs. A good figure you should quote to potential buyers is the market value minus the repair cost.
Consider Cash Buyers
Selling your house “as-is” may be the only option for you if you are interested in selling your house quickly. There are various advantages of selling your home “As Is”. Cash buyers are always looking for fixer-uppers. This is because they do not have to wait for inspections or appraisals. They can have the property under contract in a matter of days. They can close on the property in as little as 10 days. If you are considering selling to a cash buyer, you should find out how much they are willing to pay for your house. You can look on the internet for local cash buyers in your area. You should also speak with real estate agents in your area to find out if they know any local cash buyers.
Hire a Realtor
Even if you are selling your house “as-is”, you will need a realtor to advertise the property. You will also need a realtor to show your house to prospective buyers. The realtor can create a detailed marketing plan that will highlight the benefits of the house while minimizing the problems. They will also help you negotiate the best possible price for your house. You should also know that you can get a little more money if you have a realtor advertise your house as a foreclosure or short sale. Although many people will not buy a house that is listed as a foreclosure or short sale, there are still people interested in purchasing homes in this condition.
Give Your Home Curb Appeal
The first impression is everything in sales, including real estate sales. Even if your house needs major renovations or remodels, there are some simple things you can do to improve its curb appeal. You can paint your house and add new landscaping to the property. You can also clean up the outside of the house to look like it is well maintained. You can improve the curb appeal of your house by reducing outdoor clutter and adding some new furnishings. These tasks normally do not cost a lot and they are worth every cent.
Be Prepared to Counter Offers
If you are selling your house “as-is”, you should expect some lowball offers. Often, buyers of “as-is” houses may presume desperation on the seller’s part and may quote low figures hoping to get a bargain. However, you should not be afraid to counter these lowball offers by asking for a higher price. You can also reject offers that do not come close to what you are looking for. One good way of raising the value of your house is by creating a bidding war. After listing the house on the market, you should schedule an open house where all potential buyers examine it themselves and make offers.
Selling your house “as-is” can be a long and frustrating process. You must be prepared to walk away from the deal if you cannot get the price you want. Expect to negotiate the price of your house because you may receive lowball offers. You can also contact Bonnie Buys Houses Fast for the best offer for your house. We have helped many homeowners sell their fast and at a reasonable price. We will offer you straight cash for your house no matter its condition. If you have a pending foreclosure, an unwanted property, an inheritance, or you just want to relocate, we can give you an offer. For more information about our company and what we do, visit our website https://bonniebuyshousesfast.com/.
Bonnie Buys Houses Fast,
11605 Meridian Market VW Unit 124 #243
Falcon CO 80831
719-659-9979
Find us on Social Media
https://www.facebook.com/bonniebuyshousesfast/
https://www.yelp.com/biz/bonnie-buys-houses-fast-colorado-springs
https://www.youtube.com/channel/UC3MzIdTQsmW7Wl6jgp9
