If you’re looking to sell a house as-is, you’ve come to the right place. Selling a house doesn’t have to include open houses, staging, and months waiting to close. This is where selling a house as-is can help make moving on easier.
From the information gathering process to choosing your closing date, this is your step-by-step guide. Let us coach you on how to sell a house as-is.
Gather Information About Your Home
Before accepting a cash offer, you’ll need to do a little research on your home. You’ll want to do this so you can submit the information to our home buying experts. We’ll review the information to give you the best fair offer we can to buy your home.
Let’s say you have a two-bedroom, two-bathroom home with an unfinished basement. You’ll want to list out the specs. Go through and highlight the size, number of rooms, and the general condition of the home. The more descriptive you are, the more seamless an as-is offer will go through.
In this process, you’ll also want to snap a few pictures. Pictures will help us understand your home and get a feel for what repairs and upgrades your house needs. If you decide to go another route, this information is helpful for real estate agents, or yourself to determine what your next steps are.
Contact Your Texas Home Buying Professionals
The next step is to contact one of our Texas real estate experts. We’ll go over everything you sent in including the photos and descriptions. We’re reviewing this information to see if your home could be a good fit for our process.
The goal for us to fix and repair your home to resell it or rent. The goal we’re trying to help you achieve is to sell your house quickly for cash. We take our time to review everything you’ve submitted to make sure this partnership is a great option for you.
There’s no need to stress about the review process. We’re trained to look at homes this way. Our job is to take on homes that need work and give them a new life so that you can move on with yours. Don’t worry if your home needs a lot of work. That’s what we’re here for.
Weigh the Benefits of Selling As-Is
Selling your home as-is might be a new process for you. It’s understandable to have questions. Before you accept a cash offer, you’ll want to take a moment and consider the pros and cons of doing so.
When you sell as-is, there’s no reason to prep your home to sell. To start selling your house the traditional way, you’ll need to clean up, purge, and make some repairs to help your home be shown in it’s best light to potential buyers.
With an as-is offer, there’s no need to make repairs. Home repairs could set your move timeline back pretty far. You also may not have the resources to fix your home on your own.
Selling a house also means people need to come in and out to view it. With an as-is offer, you don’t have to have multiple showings or open houses.
While the benefits far outweigh the cons of selling as-is for many homeowners, there are a few things you’ll want to consider before taking a cash offer.
If your home is already in great condition, you may make more on the open market when you sell. We have licensed real estate agents on our team who can speak to you about the best options for your home.
We work with homeowners whose homes often need major repairs or renovations or what you may know as a fixer-upper. This provides a mutually beneficial sale for both parties.
Look at the Repairs Your Home Needs
When you receive your fair offer, you’ll need to also consider the high cost of making repairs. Renovations are expensive in today’s market. They also often come with hidden costs.
While you may start with a small budget to make repairs, before you know it, the costs have snowballed. This is where taking a cash offer makes the most sense. There’s no need to get contractor bids, buy materials, and worry about the budget. This alone can save you huge amounts of time and money.
The more you spend on construction, the more your profits go down. Even the smallest project is costly. The longer your construction project takes, the longer your home isn’t on the market or sold as well. The carrying costs will add up.
Decide on Your Timeline
Your timeline is a big consideration when it comes to selling a house as-is. If you want to move quickly, selling traditionally isn’t for you. You’ll have to fix it up to list it and then wait while buyers come to tour your home.
Your home may sit on the market for months. Once you accept an offer, there’s still the time spent waiting to close. Financing, the appraisal, or the inspection could throw your timeline way off.
When getting a cash offer from a cash buyer, you can accept it and choose your closing date on your own terms. You move when you’re ready.
Sell a House as-Is and Move on
If you sell a house as-is in Texas this means you’re in control of the process. Selling a home as-is takes out the need for showings and open houses. You can sell your house on your own schedule without all the time spent waiting for buyers.
From choosing your own timeline to saving yourself money on repairs, we hope this guide helped you learn a little more about the as-is process. If you’re ready to see how much your home is worth, fill out the contact form here to get started. You’ll be one step closer to moving on and into your new home.