Yes, people buy houses as is but usually this type of properties are in poor shape and it takes a lot of money to fix them,it all depends how badly you want to sell your property.I would hire a professional apprizor to have the idea if what I know about the value of my property is the fact or not.
Value and condition are closely related. If your home is truly worth $82,000 in its current condition, then that is what you should expect to sell it for. However, if once the condition is considered it is only worth $60,000, then you should price is accordingly. Keep in mind that buyers ALWAYS overestimate the cost of repairs.
Yes, people do buy homes as is. I'm curious why it would take $30,000 to fix up a house that according to the city is worth $82,000?
50th and Center is a very popular area and you have to be careful to price it correctly, even as is. It could be worth more than the $60,000 you are trying to net.
I would suggest getting referrals from friends/relatives and get an agent you can trust to help you with the sale.
Please remember that as a seller even though it is an "as is" property, you must still disclose any known "adverse material facts" about the property. Otherwise, the buyer may seek damages up to a year after the sale.
Who determined the value of $82,000? Either a cash buyer or a lender's appraisal will set the amount. Also, who determined the repairs will cost $22,000? That,too, is an unknown number. And if an investor is purchasing this property they will want to achieve a margin of profit of a minimum of 8-10%. Has that been included in the negotiated price of $60,000? Speaking or repairs: does this include all repairs associated with the quality of land, the improvements on the land and the ability to give clear title?
I love real estate- so many issues to look at in order to determine value.
Good luck on the sale.
Prudential Ambassador Real Estate