As-is on the open market vs. to a direct buyer
On the open market, buyers still usually inspect, and their lender may require repairs. Selling as-is to a cash buyer generally means no lender repair list and no renegotiation after the offer.
Disclosure still matters
North Carolina sellers generally complete a property disclosure form even when selling as-is. Your closing attorney can explain what applies to you.
How to compare offers
Look at what you'd net, not just the headline price:
- Repair and preparation costs
- Agent commissions and closing costs
- Months of taxes, insurance and utilities while listed
- Risk of a buyer's financing falling through
Common questions
- Is an as-is sale always the better choice?
- No. If your house is in good shape and you have time, a traditional listing may net more. Compare the real numbers.