Can You Sell Your Austin Home "As Is?"

There are a variety of opportunities in the Austin Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Hey everyone, I recently got an email from a seller who wanted to know if he could sell his home "as is," and if there were any legal problems associated with doing so.

First off, you can absolutely sell your home as is. If you're interested in selling "as is" because there are repairs or things you don't want to deal with, that's fine. We deal with properties all the time that are either distressed or have so many big repairs that people don't want to deal with. However, one thing to keep in mind is that in the state of Texas, you have to fill out a seller's disclosure notice, detailing all known defects with the property. Everything from a damaged roof to foundation repair needs to go on the disclosure notice.

There are only 3 reasons why you might be exempt from filling out your seller's disclosure. Those are:

1. If you are a home builder
2. If you inherited a property and are selling
3. If you are a bank or lender trying to sell a home

I hope that sheds a little light on what selling your home "as is" is like. If you have any further questions for us, don't hesitate to reach out. We would love to hear from you!

How we helped Ollie sell her home with our amazing staff

"They were swift and very effective. Our house had been on the market for about five years, and they had it for a month and sold it. He’s got a great staff. Cathy and Elizabeth were amazing, and the photographer made my house look like an estate. My mom was in the hospital at the time, and they called me later to check on how she was doing. They even sent a get well card. They certainly go above and beyond!"

How to Take Advantage of the Austin Real Estate Market

There are a variety of opportunities in the Austin Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Today I wanted to provide you with a brief market update for the Austin real estate market. My hope is that you can take this information and use it to your advantage when you enter the real estate market.

• Interest rates have fallen in the past few months (below 4%), but they're projected to rise again, so now may be the perfect time to buy a home. When interest rates rise, you lose affordability, and a small increase in interest rates can increase your monthly payment by hundreds of dollars. 
• Home prices in the greater Austin area are an interesting topic. This is because demand in some areas is very high, and elsewhere it is very low. Depending on where you live in Austin, you have to ask your real estate agent about what you should expect to pay for a home. We have many different local markets within Austin, and they're all very different.
• As a whole, the real estate market here in Austin is absolutely on fire. If you have a home in the center of Austin, you can expect it to sell very fast, but the further you live from the center of town, the longer it will take to sell your home.

Be sure you speak with a professional such as myself before you attempt selling your home in Austin. I understand market absorption rates, and I can tell you with a lot of accuracy how long it will take to sell your home. We put out a market absorption report every month, and please contact us if you're interested in receiving one.

Contact us at any time if you're interested in buying or selling homes in Austin!