When people see the words “AS IS”, connected with a home for sale, they immediately think run down, in disrepair, code violations. But that’s not always the case. More often prospective buyers think rock-bottom prices, bargain, or that they can negotiate their way to a laundry list of improvements and upgrades. For prospective sellers, “AS IS” often suggests that they’ll need to offer sales concessions or accept an unreasonably low price. But that’s not always the case. If you have a home that you need to sell quickly and easily, you can sell your home in as-is condition and still get a competitive market price in Boise, Idaho.
While the term as is generally referred to condition, more broadly it means with no changes or additions. For example, all foreclosure properties are sold in as-is condition. When a bank or mortgage company puts a foreclosure on the market, they don’t paint, lay new carpet, or upgrade the appliances. Properties from estates are also often sold as is. Sometimes it takes years to settle an estate and no one has lived in the home and there’s no way to even assess the condition of the property. In fact, MOST homes are sold as is. Think about the last (or first) time you bought a house. You may have gone to an open house or had a sales agent show you a home that was just perfect. You made an offer, got a mortgage approval, went to the closing table, and then moved in right away. That means you bought your home as is and probably paid full market asking price.
How to Sell Your Home In Boise Fast, Regardless of Condition.
Newly married couples – Both spouses might own property, but you’re only going to live in one. Or, a couple may choose to sell both properties so they can buy a new one together. If you both lived in separate homes prior to the marriage, chances are both homes are in great condition. What you need most is a fast sale and closing so that you aren’t stuck trying to make two mortgage payments. If you’re trying to buy another property you probably don’t want to have to rent your houses to cover the payments. That means you’ll spend time and money being a landlord responsible for property maintenance and trying to manage tenants.
Heirs – You may have inherited property from a parent, spouse, or other family member. What do you do if you don’t live close to the Boise area? You might have inherited a property that has a mortgage or tax liens and needs to be sold right away. If you’re part of a group of heirs where no one wants or is able to buy out the others, you’ll want to find the fastest way to sell the property and close the estate.
Retiring landlords – You may be retiring or relocating and need to sell your rental properties. We all look forward to retirement someday. You may need to get rid of the stress of dealing with difficult tenants. Maintaining rental properties costs money that you may want to spend doing something else, like traveling. If you’re a DIY landlord, it may be time to retire for health reasons. When you’re selling a tenant occupied home, you’ll want a fast closing that gives you the money you need and gives your tenant peace of mind that they won’t have to move in the process.
How to Sell a Home Fast.
When you decide to sell your home in Boise as is, you’ll have more ways to get your property to the market. The way you choose to market your home determines how quickly you’ll be able to sell it. Your options are:
1) Listing with a local real estate broker or agent,
2) FSBO marketing, or For Sale by Owner, or
3) Working with local real estate investors.
If you list your home with an agent or broker, expect to wait 60-90 days before you get your first offer. Then it’s possible that your home will be on the market for 6 months to a year before it actually sells. For that reason, many sellers are turning to FSBO marketing. They think “I’m only selling one home, mine, so I’ll put more time and effort and get faster results.” There are more educated buyers in the FSBO market looking for bargains. In both cases, you run the risk of dealing with buyers or lenders who’ll demand that you spend money upgrading your home as a closing or underwriting condition.
There are also scammers looking to take advantage of uninformed sellers trying to navigate their way through the For Sale by Owner maze. Fortunately for you, there is a third option with unrealized potential, and that is marketing your property directly to real estate investors. Similar to FSBO marketing, when you work with a local real estate investor, you’re in control of the sales and decision-making process.
The major benefits of selling as is to a real estate investor in the Boise area is that you’ll save time and money.
How to Sell a Home Fast By Working with a Real Estate Investor.
Real estate investors want to buy houses today. When you contact an investor to talk about selling your home, you’ll get the fastest response among any potential buyers. Just like you have a timeline to sell your home, investors have short timelines for buying properties. That means you’ll get an offer immediately if they’re interested. Real estate investors already have funding in place. You’ll be dealing with investors who know how to sell a home as is in Boise Idaho and are prepared to pay cash for your home and close in as little as 5-7 business days.
How to Sell Your Home Fast Right Away.
It’s easy to sell your Boise area home as is. In fact, when you’re selling to a real estate investor, it’s easier to sell it as is. Investors want to buy the property as is especially if there is a tenant occupying the property. If it’s vacant or you’ll be moving out, an investor will want to plan and manage any repairs or improvements based on their property management goals, which is whether they’ll turn it into a long term rental or if they’re rehabbing for an affordable housing re-sale.
When it comes to dealing with real estate investors, it’s a seller’s market. If you’ve been putting off the decision to sell your home, now is the time to get started. Search the web for ‘real estate investors in Boise. You’ll find professionals ready to make you an offer.
If you find yourself facing foreclosure and unable to find tenants or maybe just inherited a home, in any case, we can help you sell your home in Boise in 7-10 days. If you’re thinking of selling and are exploring your options, consider selling directly to us.
Call our team at (208) 214-3365
If you don’t want to go through the hassle and headache of selling to the market, then we might be able to help. We’ll give you a quick call once we find out a bit more about your property in Idaho, and make you an offer on your home the same day.