Before they’re listed on the market, most Kanawha County homes have to undergo a lot of home improvement, cleaning, staging, and more. These upgrades can improve their appeal, which in turn can both increase their value while also attracting more buyers on the market. But what happens if you don’t have the time or resources to do these before you list your property?
In this case, you’ll have to sell your home in Kanawha County fast by selling as-is. The results of an as-is sale on the market can vary, so here’s what you should know about how to sell your home as-is and what to expect.
Include “As-Is” in Your Kanawha County Listing
An as-is home for sale means that, whatever flaws you disclose that the buyer can see when they view your property, the buyer will shoulder the costs and responsibilities of dealing with those flaws when they purchase. That’s why it’s important to distinguish your listing as an as-is property from all the other Kanawha County properties that are ready to consider. This can save everyone a lot of time and help buyers manage their expectations when they consider buying your home.
In West Virginia, there are no laws requiring sellers to formally disclose a property’s state, though you have to disclose the defects you’re aware of to your real estate agent. That’s why it’s in the buyer’s best interests to have the home professionally inspected before they close the deal. While you aren’t obligated to disclose the issues of your home, it’s highly recommended that you do. If you have to wait for a buyer to have the home inspected, you could be wasting time and effort on a deal that will fall through because of a buyer backing out from the number of defects they find.
Selling As-Is on the Market
Once you’ve listed your house on the market, it’s important to manage your expectations on the offers you receive. It’s usually the best properties in Kanawha County that newly engaged and married couples go for since they want to avoid the added costs and time spent to fix a flawed home. And then you have families who need the extra room and want one that’s already built to suit their needs.
There is a market for buyers interested in as-is homes. These are the investors and house flippers who want to buy homes below market value, renovate them, and then either sell them or turn them into rental properties they can profit from. Since these buyers can expect to deal with the headaches of your home after purchasing, expect that you’re unlikely to get market-value offers on the market.
Selling to a Professional Home Buyer!
Of course, selling your property on the real estate market isn’t your only option. Selling to a cash home buyer gives you a number of advantages to reduce the waiting time for offers, the costs associated with selling a home, and the type of offers you receive.
The average time it takes to sell a house in West Virginia’s real estate market takes around 96 to 106 days: 61 days for an offer, and then a 35 to 45-day closing period. When you sell to a professional home buyer, you can get an offer within a fraction of that time – more specifically, within 72 hours after your property viewing. And rather than waiting up to 45 days to close, you can close the deal and receive your money from the sale in as little as 14 days.
Because you’re selling your home directly to a professional home buyer, you don’t have to incur any costs when selling your home. On top of skipping the home improvement costs by selling as-is, you don’t have to pay for costs like real estate agent commissions, online listing fees, and other costs that can eat up your profits.
Finally, you can expect a fair cash offer on your property. At 3 Oh 4 Investments, we buy houses in Kanawha County for a fair price – no lowball offers here. After inspecting your property, we’ll give you an offer and it’s completely up to you if you want to accept. Once you do, we can begin the closing process and give you your money as soon as possible.
Contact 3 Oh 4 Investments for More Info
Selling as-is can be a cost-effective solution, but it comes with its own challenges on the real estate market. For a fast and convenient experience of selling your home, sell directly to the professional home buyers you can trust. Get in touch with our team today to learn more about our property buying program.