Today we are going to get into The Truth About Selling As-Is, and what every homeowner needs to know.
First off, let’s answer the question “What is an “As-Is” Sale?”
An “as-is” sale is where a buyer commits to buying a home for an agreed upon price, regardless of the outcome of any formal or informal inspections and without requiring the seller to make any repairs resulting from such inspections.
Now that we know the definition of an “as-is” sale, let’s look at what selling as-is DOES NOT mean:
Selling a home “as-is” does NOT mean that you are relieved from certain requirements that come with selling your house. You still have a duty of disclosure to a prospective buyer, no matter the condition of your property.
There are different home seller types of “as-is”:
Like with any decision, there are benefits and drawbacks to selling a house “AS-IS”… let’s look at the benefits first.
There are 3 big benefits to selling a house as-is:
The drawbacks of selling as-is are:
The key to selling your house “as-is” is to have the right strategy. Having the right strategy can help you sell faster and for the best price if you decide to sell your house “as-is”. The best real estate agents know exactly how to do this, so let me help you.
If you are thinking about buying or selling, give me a call. My team and I are on standby 7 days a week, 9AM to 8PM, ready to help you take the smoother road to sold.