Should I Repair My House or Sell As-is?

It’s tough to know whether you should put your property up for sale as-is or spend the time and money making needed repairs before putting it on the market. Will that filthy carpet damage your earnings? Will those ancient windows deter potential purchasers? How do you know when it’s time to make repairs rather than a quick exit from a fixer-upper?

If you’re trying to decide whether to sell your house on the traditional market or quickly sell it without doing any preparation, here, you’ll get to determine what’s best for you and your situation. Continue reading to learn all of the advantages of selling your property to firms that buy houses as-is for cash vs. making expensive repairs. Keep reading.

Pros Of Selling As-Is 

#1: It Saves Time

When you sell your property “as-is,” you bypass all of the time it takes to make repairs, as well as any bigger issues that may have cropped up during the inspection. Plus, purchasers looking for a fixer-upper frequently pay in cash, so you’ll avoid a long lender approval and closing procedure. Yay! The bottom line is if you want or need to get out fast, selling as-is makes sense.

#2: It Saves Money 

Let’s face it, repairs cost money, and if you don’t have it or don’t want to spend it upfront, selling as-is may be the best option for you. Make a list of the necessary repairs your property has and whether their costs are worth it: will the fixes you do bring enough return on investment to justify their existence?

#3: The Buyer Is Likely To Perform Renovations On The Home

There are times when you find out that the new buyer will be demolishing or renovating your home. This might happen for various reasons, including because the property is too old, has an old layout that isn’t suitable for most families, or perhaps because nearby houses have been demolished and replaced with larger ones. If the house may be destroyed anyhow because of reasons such as this, there’s no sense putting your money into repairs.

Pros Of Invest In Repairs Before Selling

#1: Adds Value To The Price

Although making repairs and improvements might slow down the sales process, including the appropriate renovations to increase the value of your property if you have the time is a smart move. Still, it depends on variables relating to people interested in purchasing your home.

If you’ve decided that selling your damaged house as-is isn’t the best option for you, investing thousands of dollars in repairs might be the best way to go for you, giving you a chance to receive a bigger profit from the selling process. With that in mind, here are five improvements to make first:

• Replace any damaged windows, toilets, or other fixtures.
• Repaint the walls with neutral colors. 
• Replace broken or old appliances
• Remove or replace old carpets
• Repair holes or cracks in walls and ceilings, and more.

Bottom Line

Your time and budget will always be important in deciding to sell as-is or invest in extensive repairs, especially if you want to sell quickly in your area. The most suitable option is to search for a company that buys houses as-is with zero commissions in the process and gives you a fair cash offer for your house. 

Sell Your Damaged House To I Will Buy House For a Fair Price

Before selling, you don’t have to worry about redecorating, painting, or upgrading your home. The last thing you’ll think about when you use I Will Buy House is the condition of your house since you will be offered a fair price for it just as it is. Getting a cash offer, a timely response, and selling in two weeks seems like a fairy tale come true, and we make it possible.