Last updated on February 25, 2023
You’ve owned your house for decades. Over the span of this time, it’s taken on its fair share of wear and tear. Now, you’re getting ready to sell it and you’re wondering: should you fix it up first or just sell it as is?
There are a number of benefits to selling a house as is. To show you that it might be the right decision for you, we’re going to highlight those benefits below. Here are the top 4 benefits of selling a house as-is.
- Ability to Avoid Foreclosure
Is your home in danger of being foreclosed on? If so, you should strongly consider selling it as is. This would enable you to pay off the majority of your mortgage, allowing you to avoid the black mark that a foreclosure would put on your record.
A real estate investor will buy your home in any condition, which means that you’ll be able to sell it quickly. If you were selling to a conventional buyer, you likely wouldn’t be able to complete the transaction in a quick enough manner to avoid foreclosure. Therefore, in this scenario, selling as is reigns supreme. - Less Work
Another big benefit of selling as is is that it requires less work on your part. After all, you’re selling your home as it is currently. This means that you don’t have to partake in any remodeling or renovation.
You can literally just call up a real estate investor and schedule a time for them to check out your house. They’ll make you a cash offer, and you’ll either accept or decline. It’s as simple as that. - Ability to Avoid Sticky Situations During Divorce
Maybe you and your spouse are separating and you can’t decide which person is going to get the house. Perhaps you both need money to help facilitate the divorce trial. In both cases, selling your house as is would be beneficial.
If you sell the house as is, you’ll get money quickly. This will enable you both to afford new housing, and will also give you the funds required to pay for legal representation during a divorce trial. - Ability to Move Quickly
You’ve just accepted a new job on the other side of the country. You have to move two weeks from now but still have this house to sell.
Sure, you could move and then handle the sale from a remote area. However, that would be doubly stressful. Not to mention, without first having sold your home, you might not have the funds necessary to pay for new housing.
Fortunately, there’s a reliable way to sell a home quickly: sell it as is to a real estate investor. Get more info about the selling a house as-is process by clicking that link!
Selling a House As Is Can Be Highly Beneficial
When it comes down to it, selling a house as is can be highly beneficial. Depending on your circumstances, it could very well be the best option for you.
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