Should I Sell My Home 'As Is' or Fix It Up?

Should I Sell My Home 'As Is' or Fix It Up? Let's Take a Look

Whether your home is a few years or many decades old, its physical condition is going to be a significant

factor in the sales process. Below are a few questions that can help you to determine whether you

should sell your home 'as is' or fix it up before placing it up for sale.

Have You Had A Home Inspection?

A great first step is before selling your home is to book an inspection by a licensed home inspector. This

will provide you with a full list of minor and major issues with your home. If your only issues are small,

minor ones then it is worth your time to patch them up before you sell. However, if you are facing costly

repairs such as a roof replacement or foundation repair, you will have some thinking to do.

Can You Afford Renovation And Repair Costs? 

Speaking of costly repairs, can you afford to invest the funds necessary to fix up your house? Depending

on the inspection results, you may be on the hook for thousands of dollars in renovation costs. If you do

not have the money, then you may be forced to sell as is.

Keep in mind that there are loans and other financial products designed to help homeowners like you

with home renovations. Be sure to check in with your bank or mortgage lender to see if you qualify.

How Fast Do You Need To Sell?

Another question you will need to answer is: how fast do you need to get the home sold? If you are in a

rush because you have to move or switch jobs, then you may need to sell the house as is. However, if

time is on your side, then it might be worth waiting until your renovations or repairs are complete.

What Does Your Agent Recommend?

Finally, what course of action does your real estate agent recommend taking? If the repairs needed are

minor, or the market is hot enough that buyers might overlook any issues, then your agent might suggest

selling as is. Conversely, if the market is moving slowly, then it might be worth investing the time needed

to fix things up.

When you are ready to sell your home, our team of real estate professionals is ready to help. Contact us

and we will be happy to share our expertise and insight. We look forward to meeting you.