14197 Fullerton Rd, Woodbridge: A Landlord’s As-Is Exit From a Long-Term Rental

Purchased: November 4, 2019

Retirement and the wish to step away from a long-term rental shaped the sale of 14197 Fullerton Rd. Deferred updates and maintenance were part of the property’s condition.

Choosing an exit instead of another round of work

The seller’s decision involved both the responsibilities of owning a rental and the work the home needed. An as-is sale offered a way to discuss the property in its existing condition.

The completed purchase

The home was purchased as-is on November 4, 2019. The seller’s retirement plans and desire to exit the rental were central to this transaction.

What this example shows

A rental property can reach a point where the owner’s goals have changed. For this seller, retirement and deferred maintenance made a straightforward as-is exit worth considering.

Explore selling as-is or how we look at a property and the seller’s goals.

See selected Virginia transactions and Virginia selling options.

Discuss your property and priorities

Request a no-obligation property review to discuss the property and your plans.