Should You Make Repairs before a Cash Home Sale?

chofhine • May 27, 2022
Should You Make Repairs before a Cash Home Sale?

One of the benefits of selling your home to a cash buyer is that there’s no need to impress them. Cash buyers don’t care if your home is messy or cluttered, and they don’t expect you to fix it up. It isn’t necessary to make repairs on your home before selling it to a cash buyer.

How Repairs Can Cost You

Repairing your home before offering it for sale can cost you thousands of dollars, depending on what needs to be done. Major repairs like a new roof can easily run up to $10,000 or more. Several small repairs can add up.

If you’re like most people, you don’t have $10,000 lying around to invest in fixing up a house you’re going to be selling anyway. You may not get much of a return on your investment, either. With a cash buyer, you don’t have to spend the money for repairs.

What Selling “As Is” Means

Some people list their less-than-perfect homes on the market “as is.” This designation informs the potential buyer that you don’t intend to make any repairs. It’s buyer beware—they don’t know what problems they’ll run into until the home inspection.

With a cash home sale, there are no home inspections. The cash buyer willingly buys your home “as is” and assumes the responsibility of making whatever repairs are necessary before reselling it.

How a Direct Cash Sale Can Help

A direct cash sale can help relieve you of the burden of paying for expensive repairs and of the precarious situation of trying to sell an “as is” home on the market. You know that the cash buyer isn’t going to pull out of the deal at the last minute because of the condition of the house.

The cash buyer will make an offer on your home based on the location, the market conditions in your area, and the condition of your home. Since there is no commission and the buyer picks up the closing costs, you could come out ahead financially.

Selling to a cash buyer can be a good solution when you own a home that needs extensive or expensive repairs. A direct cash sale can save you money and physical labor. 

If you want to sell your Utah home with no repairs needed, click here for more information about the cash sale process. 

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