You Don’t Need Inspections and Appraisals When Selling for Cash

by | Sep 24, 2019 | Real Estate

Eight out of 10 homeowners who sold their houses did so through traditional means. They either completed the sale themselves, or they hired a real estate agent familiar with appraisals and inspections to do it for them.

Homeowners who need or desire a fast cash sale wonder how it all works. They understand that investors buy their homes. What they often don’t know is that appraisals and inspections aren’t necessary. Here’s why homeowners don’t have to worry about it when selling to “sell my house fast Massachusetts” home buyers.

Inspections

Inspections are done to confirm the structural integrity of a house for sale. The house’s systems such as electrical, plumbing, and HVAC must be up to code. The roof, attic, basement, and foundation are checked for integrity. Sellers and buyers alike need to know this information.

However, a fast cash home buyer will deal with all that after he or she has bought the house. If the house is in decent condition, the seller will get a good price for it. The sale price might be somewhat less if the house has major problems because the buyer will bring it back up to code in order to sell it for a nice profit.

Appraisals

Appraisals are about value. If the house measures up to comparable homes in the area, then the seller will receive a high valuation for his house. Many things determine this value, for example, upgrades to the kitchen and bathrooms, hardwood or natural stone flooring, window upgrades, and curb appeal.

When “sell my house fast” Massachusetts buyers look at a house, they know they’re going to make these upgrades before reselling the house. The value of your house lies in its verified structural integrity. The buyer won’t have to take it down to the studs and rebuild it, in other words. You’ll get a fair price for your house according to its basic worth.

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