If you are considering selling your house in Calgary, you might wonder if it’s better to fix it first or sell it just as it is. Firstly, let’s clarify: What does selling a house “as is” mean?
To sell a house “as is” means you sell your house exactly how it is right now. You don’t fix anything or make any upgrades. If any repairs are needed, the person who buys the house agrees to accept the house with all its problems as they are.
So, why would you want to sell your house “as is”? Here are six reasons:
Quick and Easy
Selling your house “as is” can be much faster and easier. You don’t have to spend time fixing things or decorating. You can just sell your house exactly how it is right now. This saves you a lot of time and work. It also means you can move out and sell your house sooner.
Save Money
Renovating a house costs a lot of money. Some people can’t afford to spend that much, especially if they are unsure if they can sell the house for a higher price after the renovations. When you sell your house as it is, you don’t have any repair costs to worry about.
Less Stress
Selling a house can be stressful, especially if you are also dealing with things like a divorce or the death of a family member. When you sell your house “as is”, you have one less thing to worry about because you won’t need to get your home ready for potential buyers.
Good for Property Investor Buyers
Some buyers out there like buying houses “as is”. They are usually property investors or house flippers who want to repair and upgrade the house themselves so they can sell it again and make a profit. If you sell your house “as is”, you might attract buyers such as mrhomebuyer.ca.
Not Your Problem
When you sell your house “as is”, you must be honest and tell buyers about any problems. But after they buy the house, those problems are their responsibility, not yours. This can give you peace of mind because you don’t have to worry about getting calls from the buyer about problems they found after buying the house.
Good in a Tough Market
Sometimes, the housing market can be tough. Maybe there are a lot of houses for sale, and not many people buying. Or maybe it’s a time of economic trouble, like during a pandemic. In times like these, selling your house “as is” is great because it allows you to offer your house at a lower price, which might attract more buyers.
Conclusion
Selling your house “as is” can save you time, money, and stress. It can be a good way to attract property investors and gives you peace of mind because any problems with the house become the buyer’s responsibility, not yours.
Plus, it could be a smart move in a tough housing market. But think carefully and perhaps get advice before deciding. Selling a house is a big decision, and you want to ensure you do what’s best for you.