Is There A Way To Sell My House Without Worrying About Passing An Inspection?
There are a lot of questions that go through homeowner's minds when it comes to putting their home up for sale. Is this the right time to sell? What price should I list my home for? Should I use a real estate agent to list my home or should I sell to a local real estate investor?
All of these and a laundry list of other things may be racing through your mind right now. Before you put those mental track shoes away for the day I have one other competitor or should I say topic to add to the race.
Today I would like to discuss the popular question of is there a way to sell your house without getting an inspection?
How Am I Going To Fix This?
If you were getting ready to sell your home and pulled back the carpet and saw the above crack in the floor your heart would initially sink. First, from shock of how you had no idea you were living in a home that had such a safety issue. Second, you would wonder how much money you would have to spend in order to fix the foundation.
Unexpected repair costs are some of the factors that come along with being a homeowner. Without making those repairs though you would put yourself in a position where it would be very hard for you to pass a home inspection.
The foundation situation is just one example of something that could create an issue. It also could be a damaged roof, faulty electrical wiring or problems with the plumbing. But that's enough of the shock let's add some value. Take a deep breath and exhale because these are all hurdles that fortunately can be cleared by thinking outside of the box.
No Traditional Inspection Needed When Selling To An Investor
If you're in a situation where you really need to sell your home and don't want to worry about having to pass an inspection there is an option. You could consider reaching out to a real estate investor in your local city about buying your home.
Investors and all cash buyers will buy your home and not require you to pass a traditional inspection. Will they do their due diligence in inspecting your home before going to the closing table? Yes, but it won't be done with such a fine tooth comb and most repairs needed will be accepted as is.
How Is This Possible?
An investor will make an all cash offer for your home and also buy As Is. No repairs will need to be made on the sellers side in order for an offer to be submitted by the investor. This lifts the weight of trying to fix every issue that may be going on with your home.
For some homeowners, they may be willing to sell their home for a lower price to offset making costly repairs to their home and worrying about passing an inspection. The key word is SOME though. Not all sellers fit this mold and won't have an issue with fixing the needed repairs so they can get full value for their home.
How Do I Find Them? Google Search
To find these investors do a Google search and type in query's such as "Sell Your House Fast For Cash In(your city & state) or "Who Can Buy My House As Is". This will bring up a list of local investors and company's that may be able to be a solution for you.
Don't get stuck in the cracks worrying about issues that may pop up when you decide to sell your home. There are solutions out there that can help. You just have to explore and weigh the pro's and con's.
Until next time, wash those hands, be safe and have a great week!