How to Sell a House As-Is When it Needs Repairs
Trying to sell a house that needs repairs is a challenge when you do it the traditional way. Sometimes, it may even be impossible. At the very least, you’ll have the hassle of hiring a real estate agent. And more significantly, you’ll have to make expensive repairs to your house before putting it on the market. If you try to sell it as-is, you’ll have to take a major loss on your asking price.
But what if you need to sell your house as-is? Maybe you cannot fit expensive repairs into your budget, or you don’t have the time to do them. How will you sell your house without doing repairs, if you don’t want to take too much of a loss? It’s a tricky situation.
Disclose All the Problems With Your Home
No matter which approach you take to selling your house as-is, you must be honest and upfront about the condition of your home. To make sure everything is disclosed, you can do a pre-inspection and share the results with prospective buyers.
How long will it take to find a buyer willing to pay a decent enough price for your house as-is? That is the key question. The fact of the matter is you won’t be able to do this on a tight schedule. It may even take months or years to happen. In some cases, it may never happen at all.
Even houses in excellent condition can sit a long time on the market before the right offer arrives. Just imagine how long it will probably take to sell a house needing repairs. Remember all the open houses and other hassles you have to go through. You may find you need to stage your home, just to get potential buyers interested.
Even if it does happen, you’ll have to pay a hefty commission to your real estate agent. There are also closing costs and a host of other expenses that come with selling your house the old-fashioned way.
You May Have Trouble Finding a Realtor
Yet another obstacle is the fact realtors may be wary of taking on a house being sold as-is when repairs are needed. The reason why is simple: it’s harder to find a buyer willing to pay a decent price.
Remember, realtors make their money from commission. This is a percentage of the money the buyer pays for the property. The higher the price you get for a house, the more commission the realtor makes.
A Reputable Cash Buyer Is the Answer
Fortunately, there’s no need to sell your house the traditional way. You can go with a cash buyer, instead. The right cash buyer will be your house as-is, with no need for expensive and time-consuming repairs. Choose a cash buyer that will give you the highest cash offer.
How to Sell Your House As-Is to a Cash Buyer
Now you know about the exciting option of a cash buyer, you’ll need to follow the quick and easy steps to begin and complete and process. With Zee Holdings, there are just three steps involved.
First, submit the relevant information about your home to the company. Once Zee Holdings has reviewed your details, they will contact you to set up an appointment. We want to meet you and see your home.
Show the representative from Zee Holdings through your home. After the viewing is complete, the company will make its fair cash offer. If you choose to accept it, you get to choose the closing date. This is a major advantage if you have a specific schedule to stick to.
Advantages of Selling Your Home As-Is to a Cash Buyer
The most obvious advantage of selling your home as-is to a cash buyer is that you don’t have to waste time and money on costly repairs. There are several other benefits, too. You avoid having to pay closing costs and realtor commissions.
When you sell your house the traditional way, you end up doing labor-intensive open houses. No one enjoys having strangers examining every aspect of their home with a critical eye. Worried about the time it will take to clean your house from top to bottom before selling. No need when you go with a cash buyer.
When figuring out whether selling as-is to a cash buyer is right for you, sit down and do some calculations. How much will it cost to make all the repairs your house needs before it can get a decent selling price? Remember that you should subtract this sum from what you hope to get for your home if you sell it with a realtor.
Will Zee Holdings Really Buy Absolutely Any House?
It’s hard to believe but true! Zee Holdings will buy absolutely any house, no matter what problems it may have. We buy houses with termite damage, storm damage, fire damage, incomplete construction, structural repair issues, and more.