Whether a natural disaster like a hurricane or wildfire damaged your house, or it just got rugged with age, debating to sell a house as is, or fix it up is a pretty common dilemma.

Is it worth the money making repairs to the house?

Or would it be better to just sell your house as is, with most of the damages in tact?

This post will help you weigh which option is right for you.

What Does “Sell a House AS IS” mean?

Before we get to the juicy parts, let’s first define what selling a house “as is” actually means.

When you sell a house as is, this means (as the current owner and seller) wouldn’t make any repairs to the property to make it more marketable. You just sell it in its current condition, even if the roof seems to be collapsing, the foundation needs a major upgrade, or facing other issues as told by a home inspector.

PROS of Selling a House “AS IS”

  • No need to shell out cash for repairs – If you really need to sell a house and you don’t have money for home improvement, selling as is gives you the possibility to let go of an unused, damaged house.
  • Avoid closure by selling quickly – For people who are facing foreclosure on their home, selling it “as is” without fixing anything can lead to a quicker sale. It is always a better option to sell the house in your own terms, than have it foreclosed upon with you giving up total control over the property.

PROS of Fixing a Damaged House Before Sale

  • Earning potential is unlimited – Unlike selling a damaged house as is, where the sale amount isn’t in your favor, fixing the property will always benefit you when it comes to pricing the house. This is because the higher amount of investment you bring out to improve the property, the higher amount you can negotiate for it during sale.
  • There’s a pride in your sale – Because you took time to make that property shine once again, you’d most definitely feel pride about the house. Some people even decide not to sell the house any longer once they’ve fixed it up.

As you can see, there are two sides to selling a house as is. If your property only has superficial damages that can be fixed quickly at low cost, I recommend you have them taken cared of to whip your property into tip-top shape and to increase your chances of a larger ROI upon sale.

Unfortunately, if the damages are huge and way beyond your budget, such as roof replacement or major plumbing issue, AND this property is facing foreclosure, selling the home as is looks like a smarter option.

If you are backed into a corner and you are forced into sell your house as is, look on the brighter side of things. There are advantages to selling your property to avoid foreclosure.

Let CashoutCasa.com help you sell your houses as is, quickly and hassle-free. Fill out this form to get a cash offer and we’ll go from there.