Guide to Selling an As-Is Home

If you've considered all the upgrades and repair costs that you need to do before listing your home for sale, you might start thinking about selling your house as-is. As the name suggests, selling an as-is Naperville home means you will be selling it in its current condition. However, numerous factors play critical roles in this undertaking. For that reason, we have consulted experts in the field to help you learn more about this type of home sale and sell your home quickly to appropriate buyers.

Selling your house as-is: The real estate definition

This type of sale implies that the buyer accepts to purchase a property in its current condition. Therefore, the buyer is fully aware of the house's condition and that the previous owner won't do any repairs, even if they exist on the inspection report.

This type of sale might be the right one for you if you don't have the means to tackle all the repairs or you don't have time. For instance, if you are in a rush to move to your dream home or you've got a new job offer in another country, selling your house as-is will ensure you have a stress-free experience. This way, you will be free to dedicate yourself to organizing your long-distance Illinois move. The easiest way to do this is to contact a reputable moving company base to help you find the most trustworthy movers in the area.

Therefore, to help you get to this step, here is a step-by-step guide for selling an as-is Naperville home to help you succeed.

Selling an as-is house: the guide

The guidelines below will help you navigate the as-is selling situation.

Market your house in the correct places

Marketing your as-is home for sale is essential. No matter how attractive it may be, the sales won't go a long way if the buyers don't know it exists.

If you are selling an as-is Naperville home, it's crucial to market it in the right places to get the best offers.

However, before you list your home for sale, here are some marketing tips to make it more appealing to potential buyers.

• Have the pictures professionally taken to highlight the best features.
• You could even make a walk-through video.
• Make sure the home description is engaging.
• Visit a couple of real estate agencies to make sure you hire someone with experience in as-is home selling.

Negotiate with your agent

Even though it might be tempting to sell the house on your own in its current state, never underestimate the value of a good real estate agent. They will be your main partner in the whole process and help you every step of the way.

If you are looking for ways to save money, you can negotiate the commission below the standard 6%. Or you could arrange some kind of a fee-paid arrangement.

Adequately describe your home using the term "as-is"

You are legally required to stick to the term "As-is." When the buyer signs the documentation, it indicates they agree to buy the house with all its existing issues (if there are any).

So, even if your home needs a little TLC, you want to make it attractive for potential buyers. Here are a few tips on how to better your house description.

• Be sure to mention all the highlights and be specific;
• Carefully choose the adjectives that will make your home's features "pop."
• Match your words with photos to draw the reader's attention.
• Avoid the negative comments, like TLC needed, outdated, fixer-upper, etc. Instead, use adjectives like open, spacious, versatile, and so on.

Price the home reasonably

Setting a price on the higher end of the spectrum might bring more damage than good. This will most likely lead to your home sitting on the market for quite a while. So instead, you want to create a price that will attract multiple offers. 

 It's essential to set a realistic price that will attract multiple offers.

We found out from our interlocutors from Best Long Distance Movers that many of their customers asked for their assistance in finding some of the best moving companies out there. This is because they bought a home with a price tag that was a little under the market value. Therefore, they wanted to ensure their belongings were safe and were happy to splurge on high-class relocation services.

Thus, consider pricing your home just a little under the market value. This way, you will ensure getting many offers. Additionally, you might even end up raising the final sale as a competition byproduct.

Get estimates of the TLC needed to show the buyers

This proactive and straightforward step will make your ad stand out. Even if you want to sell your home as-is, you will do your due diligence. This way, your buyers will know you want to ensure they get a good and honest deal and that you are keeping their best interests in mind.

To best show your home's worth to your buyers, we recommend getting estimates from three contractors. By doing so, you will give your potential buyers a range of options and averages to consider.

Consider some repairs

Selling an as-is house doesn't mean you should neglect everything in it. Therefore, you could consider making some minor and inexpensive upgrades that will certainly go a long way. The repairs to consider are:

• Repainting the house;
• Updating kitchen and bathroom hardware;
• DIY landscaping;
• Repairing broken boards;
• Fixing doors and windows, and so on.

Keep it clean

Even if you don't invest in major repairs, you can still keep your home clean and, therefore, inviting for potential buyers.

So, to ensure your house for sale is clean, you can improve its curb appeal by keeping the yard mowed and ready for visitors. Also, don't forget to keep the surfaces decluttered and cleaned, beds made, and dishes away.

Have an attorney for your purchase and close the agreement

Real estate contracts detail both parties' prices, obligations, and rights. Also, they can dictate the closing date, what's included in the sale and what's not, and more. Therefore, it's always advisable to have an attorney review all your contracting paperwork due to its complexity.

Your attorney will review the paperwork and suggest any modifications.

Be ready to sell quickly

Usually, these types of houses often sell for cash. However, this also means the buyers are hurry to close the deal. Therefore, you should have all your affairs already done (like canceling your insurance and utilities you no longer use) and gather all the closing documents.

It's wise to create a to-do list regarding your private and home-selling affairs and slowly start ticking off task by task. This way, when the best offer comes out of nowhere, you will be prepared.

Final thoughts

So, with the correct information and a little planning, selling an as-is Naperville home won't be a big hassle. So, if you are considering selling your house as-is and moving elsewhere, make sure to refer back to our article to ensure you're on the right track.

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