Keep reading to learn the three main advantages of selling your property as is. On average, it takes 93 days from a house to go from being listed to the sale closing date.
There are many circumstances when you just don’t have three months to wait for your house to sell. Maybe you’re relocating to a new state or purchased a new house and can’t afford two mortgages. Whatever the reason may be, selling your house as is might be the answer to speed up the process.
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Easier to List on the Market
With an as is property sale, there’s a lot less work needed to do before listing the house for sale.
Traditional sales usually involve getting the house up to the best condition possible. Sellers will do repairs and cosmetic upgrades in hopes that their property will attract potential buyers.
But, with an as is property, what the buyer sees is exactly what they are purchasing. So all you need to do is finding a listing agent, take photographs, and decide on a fair asking price. This can all be done within a few hours.
Less Work and Money
If you’re interested in selling property as is, you can even skip some of the more traditional real estate steps, saving you time and money. All this involves is finding a company that specializes in cash real estate purchases instead of an individual buyer.
Start by searching online for “selling my property as is companies”. This will provide a list of local companies that specialize in this service.
They will come to your home, take a look around, and provide you with a cash offer. This means you don’t need to work with a real estate agent and wait for the right buyer to come along. In addition, you won’t have to pay any real estate fees, inspection fees, or any requested repairs.
If you are looking to sell your house quickly and avoid paying extra money in the process, go with a cash-offer company instead of an individual.
Quicker Closing Times
If you do choose to list your property sold as is and advertise to individual buyers, this is also OK. There are still plenty of benefits of selling your home as is to an interested buyer, including quicker closing times.
Traditionally, closing on a house can take up to 45 days. But, selling as is allows you to avoid all the lengthier parts of the process.
Most as-is sales involve cash deals, meaning you don’t have to wait around for lender approvals or appraisals. In addition, since the house is being sold in its current condition, you don’t have to wait until any repairs are made.
Instead, once you receive a cash offer, you can close within weeks instead of waiting for over a month.
Consider Selling Your Property As Is
After reading this article, you have a better understanding of the main reasons people chose to sell their property as is.
Selling your property as is allows you to get the house listed on the market quicker. You can also save money by using a cash offer company and avoiding any real estate fees. And if you do end up selling to an individual, you can accept a cash offer and still close quickly.
Looking for advice to guide you through the home selling or buying process? Head to the Real Estate section of this site to stay up to date.
