It may be frustrating to prepare a house to sell it, especially if you’ve been putting off important repairs. Selling a property as-is might be an appealing choice for sellers wishing to reduce the liabilities and expenses related to selling a house rather than taking on that responsibility.
If you’re looking to sell your Cincinnati, OH home fast even though it’s in as-is condition, don’t worry, because this is entirely possible. If you’re worried about the condition of your home, don’t be. You can definitely sell your Cincinnati, Ohio property in as-is condition. If you’re still worried about selling your Cincinnati house with minimal damages, read on to find out what you can do as a seller.
What is Selling in As-Is Condition?
Simply put, selling your home “as-is” implies that you are offering it for sale in the state that it is now in. You won’t have to spend money on maintenance, upgrades, or other improvements to your home’s existing state. Buyers essentially get what they see.
What You Need to Keep in Mind When Selling Your Cincinnati Property As-Is
- You don’t have to do expensive upgrades.
- The buyers of your house are protected from any necessary repairs by an inspection contingency.
- You must report any problems on your property, or you risk being held accountable in court.
- Only take on urgent repairs (involving structural integrity like the basement or wirings.)
- As long as the sale hasn’t been finalized, the seller is free to withdraw at any moment.
- To let the buyer know that the property is being sold “as-is,” use the phrase “as-is” in your ad.
- There are other selling possibilities outside the MLS.
- In Cincinnati, OH, there are a number of cash home buyers that are prepared to purchase your property in “as-is” condition without requiring you to spend any money.
What to Disclose When Selling Your House in “As-Is” Condition
Selling the house “as-is” does not mean deliberately choosing not to disclose to potential purchasers that the plumbing needs to be updated or that the roof is leaking. The majority of states require disclosures, and failing to do so carries significant legal risk. When a purchase agreement is approved by both the buyer and the seller, the seller provides a disclosure report outlining any defects in the property as of a given date.How to Sell Your Cincinnati Home in As-Is Condition
Keep in mind that selling your home in as-is condition does not mean you should be selling it under its market value. It is still possible to make a profit if you price your property right. Find out which price range your home currently falls under. If you find doing this difficult, you can take the following steps to sell your house in Cincinnati, OH effectively:- Schedule a total home inspection
- Disclose any and all problems
- Price according to market value of similar homes in the area
- Sell to a professional home buyer
If you’d rather let professionals handle all the grunt work of selling your Cincinnati, OH home in as-is condition, you can always choose to sell it to professional cash home buyers. As long as you strictly follow property disclosure laws in Cincinnati, OH, there shouldn’t be a problem with selling your home in as-is condition. A professional home buyer like Offer Express would have the industry experience and resources to deal with your home’s condition.
Need More Info?
Sell your house to professional home buyers like us here at Offer Express.
We buy houses in Cincinnati, Ohio, and you can expect that we will act as your personal guide during the entire home selling process. We can provide you with the best price for your home while still ensuring a quick close so you can sell your property immediately. If you don’t want to go through the laborious task of listing your home and working with a real estate agent, just sell your home to us! We’ll take care of the rest.
Our home-buying process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at Offer Express is able to purchase properties very quickly is because we use our own money, which means the sale is more secure and we can close faster than traditional buyers. Get in touch with us here (614) 820-5777 and sell your home fast for cash today!