When you get ready to sell a Methacton house there is going to be a long list of things to get done. Many times, this includes doing maintenance, making repairs, putting on a fresh coat of paint, and cleaning up the yard. It can be a tiring process and is sometimes very expensive. However, there is another option: you can sell a Methacton home as is.
When you sell a Methacton home as is, it means that you will sell the home in the exact condition that it is in. Any buyers that are interested in the house will know that you are not going to be making any repairs and that they are responsible for the work on their own.
Some people decide to sell a Methacton home as is just to avoid doing the work, while others are doing it because they have inherited a house that they do not want to put money into. Whatever your reason is for wanting to sell a Methacton home as is, here are some things that you need to know.
You still need to complete the seller’s disclosure
Just because you are listing your Methacton house ‘as is’ does not mean that you get to forgo completing the seller’s disclosure. Disclosure requires you to make known to the buyer any problems that you know that the house has had or currently has. If you intentionally withhold information that should be included on the disclosure you can be held liable for it.
This disclosure does not require you to list every tiny little issue with the house, but it does require you to share all of the major ones. This includes things like a leaky roof, broken windows, or lead paint on the wall.
There might still be a home inspection
Conducting a home inspection on a Methacton house that is being sold ‘as is’ is going to be the decision of the buyer. They may want to pay for an inspection so they know exactly what to expect in the house once it is theirs. But, because you have listed it ‘as is’ you will not be responsible for making any repairs or correcting any problems that are found by the inspector.
Make it clear in the description
When you are writing a listing description for a Methacton house that is being sold ‘as is’ you want to make it very clear. This will help to let buyers know what the terms of the deal are going to be. It will help eliminate buyers that are not going to be serious about looking at your house.
There will probably still be an appraisal
If the buyer is going to be obtaining a mortgage for the house, there will most likely still be an appraisal. The lender needs to be assured that the house is worth the money that they are going to put up for the loan.
If the house doesn’t appraise for enough, then the buyer is required to make up the difference. If the buyer does not want make the difference up, they could ask you to make repairs on the house to help it become appraised for more.
It is up to you whether you will do that or move on to another buyer who is going to buy the house ‘as is’.
Our team pays cash for Methacton homes. And we want to buy your home as is. If you want to sell your Methacton home as is, we can help. Contact us today to learn more about our process and to receive a no obligation cash offer.
If you are not interested in making repairs and negotiating with buyers on what will be fixed, then selling your Methacton house ‘as is’ to be a good way to go. Make it clear that this is how the house is being sold and be ready for buyers that are looking for a deal.