What Does It Mean to Sell a House As Is?
So you’re thinking of selling a house as is. You want to sell your house and move on but it needs a new roof, got leaking pipes or maybe a kitchen that hasn’t been updated since the 1971. How do you know if it’s even worth the time and money it would take to fix up your home for buyers? Selling your house as is means the property won’t be repaired or improved before it’s sold. It tells buyers: What you see is what you get. The home is priced and marketed for sellers to get it sold quickly without pouring any extra money into it.
Should You Sell Your House As Is?
It is important to know that most home buyers will be borrowing money from a bank to buy your house. Normally traditional banks won’t finance a house if it’s in disrepair. They see it has a risk and wont lend money on a “fixer upper” house. That leaves a lot of home owners in Lynchburg without a good option to sell their house because 95% of the buyer pool has to get a traditional loan to buy.
So what do you do if your house needs repairs but you don’t have the time or money to fix it up? Most real estate agents don’t want to list your house AS IS on the MLS. That is where we come in!
About Linken Investments LLC.
Here at Linken Investments, we are cash house buyers. We have been investing in Lynchburg Real Estate since 2007. We’re a family-owned business and focus on helping homeowners like you who need to sell a house fast (especially houses that need work) by buying your house for cash… then we and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new home owner.
Don’t worry about repairing or cleaning up your property. We’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location. We close fast and pay cash in as little as just 7 days.