
I sometimes have sellers who don't want to make repairs or updates and prefer to sell their home "as-is". As a home seller, that is certainly an option, but be prepared to take a major price beating when you sell as-is. Why? To understand why sellers usually end up selling an as-is home at a drastic price reduction, it is important to first understand most home buyers. There are basically two types of buyers who purchase "as-is" homes: The Fixer-Upper - This is a buyer who wants a good deal on a home they plan to renovate and then live in for a period of time, hopefully turning their hard … Continue reading...