Should I Sell “As Is” or Make the Repairs?
If you’re stressed about making repairs to your home before you put it on the market because of lack of time, money or resources you may be tempted to sell your house “as is”. Before you do, here’s what you should know: What Does An “As-Is” Sale Really Mean? Selling “as is” means you aren’t going to make any repairs before the sale, and you won’t be negotiating to fix anything after the buyer’s inspection. This tells potential buyers – what you see is what you get. If you’re looking to sell, but money or time is tight, selling your home “as is” can be a relief. There is much less you’ll have to worry about. There are however, a few trade-offs that you’ll need to be willing to make: Usually, a home that has been updated sells for more because buyers are more willing to pay a premium for…