Selling a Distressed Home As-Is

A distressed property is often sold "as-is," meaning the seller makes no repairs before closing. Buyers, typically investors or cash buyers like TurboHomes, purchase the property knowing its condition.

Why Sell As-Is?

• Speed: Avoids time-consuming and costly repairs.
• Convenience: Simplifies the selling process, especially if facing financial hardship or foreclosure.
• Certainty: Cash offers often come with fewer contingencies.

Even when selling as-is, sellers must comply with state and local disclosure laws regarding known property defects. While the sale price might be lower than a renovated home, selling as-is provides a fast and straightforward solution for distressed properties.