Can I Sell My House As Is? Everything You Need to Know

There’s a reason why the real estate industry employs almost two million people. There are a lot of steps involved in selling a home. The agents are marketing it, the contractors making repairs, and the home inspectors charging fees for various inspections.

And that’s just the tip of the iceberg.

Unfortunately, these costs can add up for someone trying to sell a property quickly and easily. If you’re feeling overwhelmed, you’re probably asking yourself, “Can I sell my house as-is?”

The good news is that you can! However, this decision isn’t for everyone.

That’s why we wrote this article. In it, we’ll provide you with everything you need to know about this time-saving selling method.

Let’s get started!

Can I Sell My House As-Is? What It Means

Typically, sellers will go to great lengths to improve their homes before selling. While major renovations aren’t usually a good idea, you can ask for a higher price by completing any major repairs before going to market.

Sadly, many sellers don’t have the time, patience, or money to complete these repairs. Luckily, you can sell the home as-is. And that means the house won’t be fixed or improved before going to market.

To put it another way, what you see is what you get. Usually, this type of deal works out for everyone. The homebuyers are eager to purchase the property because of the discount on the asking price.

And the sellers can get rid of the property quickly and easily. All this without waiting around for the perfect buyer.

When It Makes Sense to Sell Your House As-Is

Typically, if you invested a lot of money into a house, it makes sense to try and get the most money out of it. But, this isn’t always the case. There are many scenarios where it makes more sense to sell your home as-is.

You’re probably asking yourself, “When should I try to sell my house fast instead of the long way?” First, we recommend it for people in a lot of debt.

If you’re facing debt, odds are you don’t have the funds to give the house the attention it needs. You will also likely need money fast to avoid interest fees. It also makes sense to sell your home as-is if it needs extensive repairs.

You likely don’t want to take a loan for repairs when you’re just going to sell it again. It’s a good option for people who need to move quickly and suddenly.

This happens pretty often—11.2% of the population moves each year. Typically, it’s because a homeowner got a new job in a different city that requires them to start immediately.

Finally, it’s valid for people going through life changes that affect their living situation. For example, if you just got divorced, you might need to sell the property quickly to get money for a new place.

So, if you fall into any of these categories, it’s worth considering selling as is.

Advantages of Selling Your House As-Is

All too often, people think about the price cut they have to take when they sell their property as-is. But, the reality is that selling your house in this condition comes with many benefits.

It’s Faster

Many people don’t have time to sit around and wait for the perfect seller to show up. As we mentioned in the section above, people need to move immediately away because of all kinds of circumstances.

However, if you go with the right as-is home buyer, you can sell your home in the blink of an eye. For example, here at ASAP cash home buyers, we can close on your house within the week if you accept the cash offer.

It’s Easier

If the thought of moving makes you stressed out, you’re not alone. Selling your house is one of the most stressful experiences.

Not only are you constantly trying to keep the house clean, but you’re also fielding calls, having strangers walk through your home, and stressing over documents.

Selling your house as-is gives you some much-needed peace of mind during this stressful process.

You Avoid Selling Fees

Even if you avoid major repairs on your home, you will likely still lose money on your sale to the many selling fees. What are selling fees?

They include things like realtor commissions, closing costs, inspection fees, and more. When you sell your home as-is to a cash buyer, you avoid these hidden fees.

Condition of the Home Doesn’t Matter

This is the most significant advantage that comes with selling your home as-is for many people. Getting your home into a condition where it can sell competitively is expensive.

One study found that the average home renovation cost is at least $15,000. And, that’s not even counting the higher budget projects, which can go for $85,000.

Many families simply do not have the economic means to make these renovations. And, even if you do make enough or have enough squirreled away in savings, there’s no guarantee that you’ll make all of your money back when you sell the house.

As such, it’s considered by many to be a risky gamble.

How to Sell a House As-Is

Hopefully, at this point, we’ve convinced you to sell your home as-is. So, how do you start? Well, you have two options.

First, you can sell your home to a cash buyer. Second, you try selling yourself on the open market, either by yourself or with the help of a real estate agent.

Both of these options have pros and cons.

Find a Cash Buyer

The first and easiest option is to find a cash buyer. This can be an individual that flips houses.

Or, it can be a “we buy houses” company. These are companies, like ASAP Cash Home Buyers, that will purchase your home regardless of location, condition, or price range.

There are many reasons to go with a cash buyer over a traditional one. However, the main one is speed.

We buy homes fast. That means you will sell your home a lot more quickly when you go with us.

The reality is that very few homebuyers will want to purchase a fixer-upper. Most families want to move into a house that’s ready immediately. As such, that doesn’t leave you with many options other than these types of investors.

The good news is that they’re easy to find when you’re not searching for them on your own on the open market. ASAP Cash Home Buyers works out of all fifty states. So, we can help you regardless of where you live.

Sell As-Is on the Open Market

Alternatively, you can sell your home on the open market. If you go this route, we highly recommend finding a local agent that has experience selling as-is homes. Why?

Because when you try to sell it by yourself, there are a lot of unscrupulous buyers who will try to take advantage of you. They’ll do this by giving you lowball offers and convincing you that no one else will want it.

You can avoid them by going with an agent that screens all your buyers. However, if you sell it yourself, make sure you get an inspection to see what it’s worth.

That way, you can factor in the price of repairs and the current state of the real estate market in your area. This will give you a good sense of what the house is worth to avoid these buyers.

Also, make sure that you always disclose the necessary repairs. Don’t try to hide them. In many states, you can get into serious legal trouble if you try to do so.

Need to Sell Your Home Fast? Contact ASAP Cash Home Buyers

We hope this article helped you answer the question, “Can I sell my house as-is?” As you can see, this is a perfectly acceptable way to sell a home, and the process has many benefits for those looking to sell fast.

Unfortunately, if your home is a big fixer-upper, then you’ll probably have trouble finding a buyer on the open market. So, what’s the solution?

It’s easy! ASAP Cash Home Buyers is here to help you.

Here at ASAP Cash Home Buyers, we’ve perfected the art of hassle-free home selling. No matter what condition your home is in, we’ll create a solution for you.

Not only do we buy houses for cash, but we can also close on your home in as little as seven days. So, if you’re ready to get rid of the burdens that come with a fixer-upper, contact us today.

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