How to Sell a Condemned Home
Do you have a house that has been condemned? Maybe the house has fallen into a state of disrepair. Perhaps you inherited the house from another member of the family. Regardless, you might be curious about whether you can sell a condemned house.
If a house has been condemned, it means that the government believes it is no longer safe for someone to live in. As a result, you will have a difficult time selling the house as an actual house. Instead, you will either need to sell the land on which the house sits, or you will have to fix up the house before you decide to sell it. What do you need to do if you want to sell a condemned home?
Fix Up the House and Sell It
If you want to sell a condemned house, one of the first options you will probably think about is fixing up the house before selling it. You are certainly welcome to spend the time and money fixing up the house before you decide to sell it to someone. Unfortunately, it may take a very long time for you to get the house fixed. You might not know who to call to address some of the major issues, and it could take a long time before you can complete the repairs. Furthermore, do you really want to spend a lot of money handling the repairs on your own? It may end up costing a lot of time and money to fix the house, so you might want to look at another option.
Sell the House As Is
If you don’t want to spend the time and money to fix the house on your own, you can always sell it as is. For example, you might be thinking about hiring a real estate agent to help you sell your house the traditional way. Unfortunately, this can also be a long process. Most traditional buyers are not going to want to purchase a house that has been condemned because they do not want to spend the time and money to fix it up. As a result, you will have to provide a significant discount on the house if you want to sell it the traditional way.
In essence, you will not be able to sell the house as a house. You will be offering someone the land on which the house sits. Then, you will still have to pay thousands of dollars in real estate agent commissions to sell the house for you. This may not be the best option either.
Sell the House to a Cash Home Buyer
If you want to sell your house as quickly as possible for as much money as possible, you should consider selling it to a cash home buyer. A cash buyer can save you time and money during the process. A cash buyer does not have to go through a real estate agent, and a cash buyer does not have to get financing to buy your house. Therefore, you can get to the closing table faster.
In addition, a cash buyer will not shy away from a house that has been condemned. They usually have connections throughout the industry that they can use to get the house fixed up, so you should not have to worry about providing a bunch of seller credits at closing. Furthermore, because a cash buyer does not have to go through a real estate agent, you can save money on agent commissions. This could be the best way for you to sell a condemned house.
Contact UTHRIVE to Sell Your Condemned House Today
If you want to sell a condemned house for as much money as possible as quickly as possible, you need to work with a professional cash home buyer. We are UTHRIVE, and we buy houses in the Tampa and the surrounding area. We can help you sell your house fast, even if it has been condemned. We understand that you probably have a lot of questions about the process, and we are here to answer them for you. It would be our pleasure to provide you with a cash offer for your house today. Contact us today to get the process started, and let us purchase your condemned house.