How to Sell My House As Is
Selling your house as is can lead to a loss in profits, but sometimes people just want to get out of house, so they choose to sell the house in the condition it is in without making any repairs. Keep in mind that when you sell a house as is and it needs work or repairs, you will undoubtedly take a loss on your investment. Before you make any decisions, read these steps for how to sell a house as is.
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Instructions
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How to Sell My House As Is
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Make a list of what may be in need of repair for the interior. Start in one room (the basement, for example) and move to other rooms, including the attic.
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Write up a list of things in need of repair or replacement outside of the house. This includes the garage, roof and any other building on the property. Include any outside foundation problems.
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Place an advertisement with a newspaper or deal with a realtor. You want to get as much as you can for an "as is" house, and selling the house yourself means that you could keep most of the money that you make on the sale. Newspapers are a great resource for advertising houses for sale.
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Make copies of the lists that you made for the repairs needed. When someone comes to look at the house, offer him or her a copy and walk through the house with him or her, pointing out what you have noted. Sometimes what seems bad to you is simple to someone else.
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Offer honestly when selling the house as is. The loan process will depend on whether the person can get a loan with your list of repairs. Make sure that the loan company for the buyer has the list so they cannot come back to you after the sale.
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Tips & Warnings
The loan company will have an inspector go through the house before finalizing the deal.
Never leave anything out when selling the house as is. This will prevent problems in the future.
