Selling a property is a challenging task, especially, when you are doing it for the first time. As far as Bakersfield is concerned, the median home value rises to $213,200, i.e. it has gone up by 1.7% over the past year. Moreover, it is expected to rise by 3.3% in the next year. So, if you have been planning to sell your home, the real estate stats are in your favor and the time is good for you. You can get the best possible price for your property, but all you need is to prepare yourself well.
Or it will be better to say that update your property well. Yes, your home needs to be ready enough to attract they buyer and cost worth your investment. In fact, more than it, to end you up with a lucrative sale, isn’t it?
Of course, every seller yearns for a deal which ends in minimum time span, giving off maximum profit. But most of the times, homeowners are not interested in investing in renovation for their old properties. Naturally sellers don’t want to make repairs for a home they’re about to vacate. In this case, the solution to suit your every need is selling you house in ‘as-is’ condition.
What is selling a house as-is?
Before you start with the process, it is first required to understand selling a house in ‘as-is’ condition. Basically, it saves the owner of the property from making or engaging in negotiation in concerned to any repairs or updates with a potential buyer. Thu, it refers to the physical condition of the property, where a seller sells a house as-is. As far as the benefits of selling a property as-is in Bakersfield is considered, it saves a lot of money, effort and time.
How to Sell Your Bakersfield Home As-Is?
The good thing is that the process is not tricky. For the sellers looking forward to get the highest price of in as-is condition, here is something helpful. Have a look:
Listing a Home ‘as is’
While you start it with listing, ensure that you make clear that it’s for sale “as is”, in the description itself. It will save you from those bargain hunters, will weed out the buyers who want a fixer-upper. It simply prevents wasting of your time.
Price it Right
If you have chosen “as is” conditions for selling your home, it is a must to rightly price your property. For example, if your roof is about to go and you know that it would cost somewhere $20,000 to replace you should knock $20,000 off what your usual asking price would be. You can get a clear idea of the prices from the home of your size in the same neighborhood.
Disclosing an ‘as is’ home is must
So, what you are selling a house “as is”, it never means you will not be disclosing the known defects. You are legally required to do so. This doesn’t mean you must point out every single crack in the wall. However, bigger flaws such as sinkholes, flooding, or lead paint, can be mentioned to win over the trust of the buyer.
Buyers can inspect an ‘as is’ home
Though you have cleared that you won’t be responsible for fixing anything, yet it is worth noticing that the buyer can do some due diligence, home inspection to check for the real condition. In case, something bad is discovered, buyers can walk away from the deal.
Still find it difficult to sell your home in as-is? Need a better solution to pave the way for a smooth ‘as-is’ sale? You can straight away call Authentic Homebuyer. Being real estate investor, we are ready to buy your home in Bakersfield, without letting you do any repairs.
Get a cash offer in next 24-hours; call us @ (661) 505-9005!