If you’re looking at how to sell a house as is, there are actually a few different options that can help you on your way. Whether your house is in disrepair or would require significant improvements to get it ready for a traditional sale, selling your house as is can often be a much easier and faster process than you may think.
Each route has their own benefits to offer, and it’s important to consider how much work you’re willing to do in order to make the sale happen. Working with the right buyer can be the biggest stress reliever on your end, and can often leave you with the most cash in your pocket at the end of the sale.
- Sell to a Distressed Home Buyer
This first option is typically the easiest route by a long shot. This Is where you can sell your property to a company like Trusted House Buyers that specializes in buying distressed houses for cash. We’ve worked with homeowners across San Diego county for years to give them the best price possible on their property. We take houses as-is to skip on costly inspections or appraisals, and remove the need for you to do any repairs on your home.
This saves both parties time, money, and most importantly, headaches throughout the whole process. Aside from just handling the logistical aspects of selling your home as is, we guarantee to pay for all the closing costs associated with buying your property. Regardless of the state of your property, this route often leaves sellers with the most cash resulting from the sale.
- List the House As Is
Option two is to list the house as is, and mean it. This is where you’d either work with an experienced realtor or list the property yourself (which can be risky in this situation due to the state of the property). From there, you’re essentially listing the property for sale, saying what you see is what you get. This can be a straightforward process, as you’ll be opening yourself up to potential buyers who are likely looking to fix up a property, either for themselves or for a profit.
The main problem with this route is that it opens up doors to all kinds of issues. Many traditional buyers will want to have a thorough inspection carried out on the property before the sale, and that can highlight even more issues than you originally expected.
This can result in either a very difficult sale or offers that are much lower than the price you listed the property for. It can be a tough game of negotiation if you’re not working with local home buyers that specialize in buying these types of properties.
- Get a Pre-Inspection
Option three is for you to take the bull by the horns and get a pre-inspection yourself. A pre-inspection will help you to understand exactly what is wrong with the property before it goes on the market. You can then make this public knowledge, and help filter interested parties by being transparent and attracting buyers that fully understand the state of the property. Ultimately, there will be much fewer time-wasters involved in the sale.
A potential downside to this option is that you can end up lowering the sale price of the house yourself. By finding all of the problems that a buyer could use to negotiate ahead of time, you’ll need to factor these issues into the asking price right from the start. You’ll also have to pay for the pre-inspection, and that may not be as budget friendly as you’d like.
What are the Next Steps?
Whichever route you choose to take, the next steps are the same as they are with any property sale. For homeowners in the San Diego area, you can contact us to get an all cash offer on your home. For a traditional sale, you’ll need to begin gathering all of the legally required documentation and disclosures, and eventually hand over the deed to the property after receiving your payment.
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