Over time, your home develops problems that are age or environmentally related such as foundation problems, mold, structural damage, and so on. All of these issues can be happening while you still owe on your mortgage and put you in the unenviable position of trying to decide whether to fix everything or sell your home. If you don’t have the money to do the necessary repairs and pay off your mortgage, you may be wondering if there is any way out. Fortunately, there is. Sell your home “as-is” to Homeinc and let us worry about doing the required renovations and repairs.
Why Would You Sell Your Home As-Is?
Whenever someone is selling their home as-is, it means they are selling it in its current condition and that no repairs will be made by the seller. Remember, selling your home as-is doesn’t relieve you of your obligation to disclose what’s wrong with the home to potential buyers. Issues such as electrical issues, mold, plumbing or sewer problems, or termite damage must be disclosed to potential buyers as well as any real estate agent that may be working with you.
Like we mentioned in the paragraph above, selling your home as-is means that you’re selling the home in its current state whether that means mold, structural, or water damage or any other issue. Both the buyer and seller agree and understand that the house will be sold with its current problems and no repairs are going to be made. There are a few advantages to selling a home as-is:
- First, it enables you to sell your home quickly to the right DIY’er or house flipper.
- Second, if you’ve inherited an older home and a lot of repairs and upkeep is required, you may not have the budget for it and want to sell it as-is.
- Finally, you can cash for a home quicker by selling it to Homeinc instead of waiting to complete a traditional real estate transaction.
Not only do you get paid faster when selling your home as-is, but you’ll also be able to avoid all legal issues since cash buyers assume all liability for the home. Additionally, we won’t ask you to do any repairs but buy it as it is which will help you save more on your house sale.
When you finally decide to alleviate your financial stress and sell your home as-is, it’s important to do some research so you know what you’re up against. Getting a home inspection done before listing the home will give you and any potential buyers an idea of what needs to be done to the home. To learn more about selling your home as-is, call or text Homeinc today at (888) 850-2636.