5 Reasons To Sell Your House As-Is

So you own a house that has aged since you purchased it. Perhaps you never had the time to handle the general upkeep, maybe you never got around to updating, maybe you have tenants that did not treat the place as if it were their own, or maybe the house became vacant and was vandalized by squatters. Whatever the case may be, the reality is your house would struggle to sell the traditional route of finding a realtor, listing it on the MLS, and waiting for offers. The reason for this, is because those folks who are looking to buy using the traditional route, want the home to be in near perfect condition with all the latest paint schemes and appliances.

This is where we come in; we specialize in helping homeowners in this situation by purchasing the house in “as-is” condition. What does that mean? It means we recognize the condition and are willing to purchase without any inspections, warranties, cleaning, or repairs being made.

1. Cash Is King!

Cash is always the preferred method of payment because nothing can move quicker than cash. When there are no banks hovering over everyone in the sale for all the small details, it speeds up the entire process.

2. Repairs and Inspections Can Be Costly!

​Repairs and maintenance on a home can have a significant return on your money, but only if you know what you are doing.  It can have quiet the opposite if not!  According to a Wall Street Journal study, the average 50 year old home could require up to $140,000 in repairs and maintenance, OUCH!  If you’re attempting to buy another home, that undoes any hard work you’ve done to settle the mortgage, leaving you further in debt at a time when you want to be avoiding it!  Older homes can be a challenge to bring to a state of inspection.  Selling a home “as-is” lets you avoid these situations, and sell quicker than you think!

Let’s say your in a position where you have inherited a home that is in need of a TON of work to make it livable or rentable, it makes perfect sense to sell to a real estate investor that has cash on hand for a quick purchase.  Just imagine the headaches you would save from not having to deal with the mess that can drag out for MONTHS and cost you THOUSANDS over that time!

3. NO Fees.

We love realtors and we work with some in the area.  However, working with a realtor may not be the most cost effective route to selling your house as-is.  Realtors make money by charging a large chunk of the property’s cost for their time.  Typically, they charge a 6% commission.  Hidden fees can work their way into that percentage with a flat rate being charged if they do not find a buyer.  So on a $225,000 home in Las Vegas, you can expect to pay approximately $13,500 in commissions, WOW!

4. Closing Costs Paid For.

It’s easy for homeowners to forget about the costs associated with selling a home.  Outstanding liens, taxes, attorney fees, title insurance, escrow fees etc. all come as a part of the transaction.  When you sell to a real estate investor, it’s typical for them to pay most if not all of the closing costs so that it can be a quick sale.

5. Sell FASTER.

A cash transaction only needs a completed title search before title can be conveyed from seller to buyer.  Selling through a realtor can keep you waiting for over a month or more, and if you need to sell fast, this could cost you thousands during that time.  Through realtors, deeds and escrows can only be completed if:

  • Buyer inspections and contingency releases have been done;
  • The lender has appraised the property; and
  • Pest inspections, roof certifications, and title polices are done.

When you sell to a real estate investor, you and those involved with the property avoid the toughest part of the whole process, leaving you to be rest assured with a peace of mind.  We will be the first to tell you that it’s not the best for some, but for many the process is quicker, easier, and stress free!

Looking to sell your home for cash?  Give us a call or text today at 702-728-4705!  Or simply fill out the information in the form above!

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