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Updated almost 4 years ago,
Sell as is or make improvements
Hey guys!
Seeking advice.
My mother is in a tough predicament and needs to sell her home ASAP.
I am a licensed agent, so I will be listing it and know it will sell fast.
The problem is it is extremely outdated and realistically she can probably get around $215K right now AS IS.
My question, do I list and sell as is or do I take out a loan to make improvements (I.e , new kitchen , appliances, bathrooms, floorings ,
Paint etc). If the property is fully redone we can sell for $280-$300K
Based on the work I want to do, do you think it would make more sense to sell as is or complete the improvements and sell remodeled?
This is a condo by the way.