Is Selling My House As Is a Good Option?
If you didn't know it already, I'm here to tell you: renovations and repairs take a lot of time and money. Especially if you haven't kept up on them throughout the years, they can stack up quick. Not to mention, the price that you pay can end up being more, if you wait to make the changes. A dishwasher that just needed a replacement bolt to run ten years ago is now obsolete technology. A furnace that needed repair now requires you to purchase a whole new one. Unfortunately, when it comes to home improvement, things get more expensive the longer you wait on them. Things break down over time when they're not taken care of.
So now here you are, with a bunch of repairs to do, and with the single desire to simply sell your home as is, without worrying about any of these. What is a person to do?
You could sell on the market, at a price lower than you would like.
It's not impossible to sell your home on the market without doing renovation or repairs -- it's just not the recommended path. It won't matter whether you use a realtor or try selling your house yourself -- you will need to go down in price in order to reflect the work that needs to be done. Your realtor will really push you to make any repairs you can, because it will make both of your lives easier.
You may be able to attract a house flipper or a young couple that wants a fixer-upper, but there's no guarantee. It will probably take longer to sell your house because of the work it needs. Most people prefer to purchase a move-in ready house.
You could sell to a real estate investor, who will be happy to take your house as is.
The beauty of this option is that you won't receive any pushback or judgement from an investor for wanting to sell your home the way it is. In fact, this is what they live for -- finding homes that need a little TLC and taking them out of an exhausted homeowner's hands.
There isn't any laborious waiting and hoping that someone will take a chance on your home. You're pretty much guaranteed that an investor will purchase your home. The perks are that you will receive a fair cash offer, as well as a quick closing!
So, your answer is yes.
You can absolutely sell your home as is! But, the recommended path to tread would be to sell to a direct buyer, or real estate investor, instead of putting your home on the market. Not only will it be less painful this way, but frankly, it will be more successful. While many people love a project, there's only so much home improvement that homeowners can afford and have the patience for. Putting your as-is house on the market is a gamble, and one we suggest you steer clear from.
Make your life easier, and search "sell my house as is" to find a real estate investor near you!