Can I Sell My House As-Is?
When your ready to move on from your house or simply have something come up that you need to leave taking your home to the open market as-is can be a frustrating process with many buyers not even looking at it because it is a "fixer upper". Even when you do get a buyer that is willing to buy your home as-is sometime the deal will fall through with financing! So can you sell your home as-is?
You can sell your home as is to anyone in the State of Texas. The simplest form of sale is with an all cash offer investor, like us, due to the fact that many cash offers do not come with a formal inspection for a loan to be processed. What if you want to go for the open market with a realtor what repairs may need to be made in order to sell and how much do they cost?
The Simple Way To Sell Your House As-Is
The easiest way to sell any home as is with minimum repairs to no repairs is through a cash offer investor. Real estate investors want homes that needs work, updating, or even to be torn down. The Process to sell to an investor is simple. You call up a real estate investor like Rely On Bell, tell them what's going, what you are looking to do then schedule a meeting to look over the home. Once we look over your home we will give you a fair all cash offer for your home taking everything into account. Once you accept your done you've sold your house as is! But what if I want to sell it on the open market? What should I consider doing?
Tackling the big obvious repairs first
When listing on the open market you are gonna want to consider some kind of repair work on your house before listing. This is where its super important to make informed decisions on what needs to be repaired and things that don't need repair.
Start off with a list of all repairs that have to be done. These are items like plumbing, electrical, foundation, etc. Then put them in order of importance. For example say you have heavy plumbing problems, a few minor electrical problem, and one crack on the foundation.
in this example we would rank the plumbing at the top to get repaired along with any additional damage that the leaking may have caused. Next we would fix the minor electrical problems especially if they impact the health and safety of the residents. Finally we would probably toss out the foundation issue because it could just be from the expansion of the concrete and unless there are additional tales of problems we can probably just leave it alone.
The main thing you have to remember when making repairs to your home for the open market is to address the obvious items in need of repair especially those that are or may be potential hazards. The other thing to remember when selling on the open market is that buyer's won't be looking at homes that need a lot of repair most will only allow minor cosmetic changes ie painting walls.
Though this method can be costly upfront, you save yourself a ton of headaches, inspection hassle, and loan problems later on.
PO Box 211416, 1300 Harwood Rd, Bedford, TX 76021-4516
