Home Selling Help: Should You Sell in As Is Condition?

Home sellers often like to sell their home in "AS Isremodeled--almost torn down--then you might be able
Condition." Selling a home in as is condition happensto sell your home based on location and property
because the home seller doesn't:value alone.
- have the money for repairs or upgradesYou will sell your home for more money and quicker if
- know how to fix broken featureyou make repairs. Check and see if you have a
- have time because of moving pressuresReStore near you. ( ) The volunteers who manage
- lacks desire to work on the home because ofHabitat for Humanity's thrift store often have a
personal problems.working knowledge of construction and can guide you
If you're thinking about selling your home in as isthrough the process. I've found the volunteers
condition, think about your bottom line. If you sell aextremely helpful. Also, home improvement centers
home in less than perfect condition, you most likely willhave free printouts on how to make repairs and
sell to a rehab investor who will only pay you aboutreplace fixtures. If you go at a time when they're not
70% of your property value. That's a steep discounttoo busy, the sales staff will help you with the supplies
for selling your home in its current condition.needed and do it yourself directions.
Sell to home buyers who want to live in your homeMany unseen problems can be fixed during escrow
and you will make more money.and paid for from the sale proceeds. You can also
Most buyers make up their minds the minute they walkdisclose the problem to the buyers and let them live
inside a home. Your curb appeal and living room arewith it or fix it themselves. Offer a home warranty
more important than the bathroom. However, if yourwith your sale so the buyers feel protected in case of
home is for a first-time home buyer, they usually havefuture problems.
little money set aside to do repairs. These buyers don'tHome buyers choose the house that "feels most like
have experience owning a home so they get turnedhome." Take a look at the type of buyers moving into
off by defects. Move up buyers look for luxury andyour neighborhood and create a buyers' "dream
upgrades. These buyers, usually working professionals,home." Spending a little time and money can make a
don't have time to make repairs and expect perfection.difference in your closing check instead of selling your
Exceptions to this occur in desirable areas with olderhome in as is condition.
homes. If you see many nearby houses beingCopyright © 2006 Jeanette J.