There are currently 16 million homes sitting empty in the U.S.
Many of these homes are run down, making it difficult for homeowners to sell on the conventional real estate market. Believe it or not, a home’s condition plays a big role in how desirable it is for a buyer. For that reason, many homeowners feel pressured to do a significant amount of home maintenance before listing.
We’re here to tell you that selling run down houses is possible with the right plan in place. It doesn’t matter if you’ve got a leaky roof, broken windows, or an old HVAC system. Keep reading and we’ll help you sell your house without any of the hassle.
What Does Poor Condition Really Mean?
When you say a house is in poor condition, it’s really a relative term. If you’re dealing with a house that needs significant updates and tidying but is still habitable, most realtors would classify it as being in “poor” condition.
A house in need of major repairs might have electrical issues, roof damage, plumbing problems, wood rot, and damage throughout the home. This is still marketable for some realtors, although at a significantly reduced price.
An uninhabitable home has electrical and plumbing issues bordering on dangerous, plenty of dangerous black mold, asbestos, infestations, and foundation issues. You’re unlikely to find a realtor willing to try and sell the home for anything other than a redevelopment project.
As a homeowner, it’s important to have an idea of what condition your home is really in before deciding how to go about selling it. In most cases, the conventional real estate process isn’t going to yield the best results.
Why Conventional Real Estate Won’t Work
Real estate agents make their living by marketing homes of all kinds to the right types of buyers. When you’re dealing with a run-down home, the pool of potential buyers will shrink and it’ll be harder for them to actually make a sale.
You may be encouraged to invest in the home to give it more sale potential and curb appeal. Major repairs on a home are generally not worth the cost when you’re trying to do a fix and flip.
The longer a home stays on the market and the more run-down it gets, the further away a reasonable sale will be. When you’re paying a real estate fee of around 5%, that’s a lot of money to hand over, especially when the task at hand is essentially out of their job scope.
All you need to do is look at the money involved and it should be clear that you need to try something different. Save yourself thousands on repairs and real estate fees by selling the home as-is to a cash buyer.
Selling the House As-Is
The cash home buyer market is booming right now with investors all over the country buying up houses in sub-optimal condition. When you take this route, you don’t need to lift a finger other than to put your contact info into a cash buyer’s website.
Owners of run-down homes come from a variety of circumstances. Some are facing foreclosure and can’t afford to fix the house up, while others have their run-down homes thrust upon them in the probate process. Whatever the scenario, it’s important to know that you’ve got options.
With ibuyhomes.com, selling your home for cash is a simple process. First, head to our website and fill out our secure online form, which tells us a bit about you and the home you’re trying to sell.
We’ll follow up to obtain a bit more info, then verify that information by looking at the house condition and investigating the local real estate market. Once we’ve done that, we’ll send you a no-obligation offer for your home for you to take or leave.
If you accept the offer, we can close on the house within a few days. You don’t need to do any maintenance, just take the cash and put your run-down house in the rearview mirror.
Finding the Right Cash Buyer
Finding the right cash buyer is the most important part of this process. Sadly, this industry is tainted with shady investors and scammers looking to take advantage of homeowners who don’t know what to do with their run-down homes.
Don’t accept lowball, cold-call offers from random investors. Look for companies that have good customer reviews, experience in your local market, and certifications.
At ibuyhomes.com, we value our reputation with former customers and our reviews state as much.
Benefits of Selling Run Down Houses for Cash
There are countless benefits to selling a run-down house for cash. The most obvious is that it’s fast and easy. We’ve done this hundreds of times over the years, so we can have your transaction over with at your earliest convenience.
It’s also more cost-effective than traditional real estate transactions. In more typical scenarios, the usual real estate process might get you a better price for your home. When it’s a run-down home, however, you’re almost always likely to have a more successful transaction with a cash buyer.
There are no realtor fees and no maintenance to be done. All you need to do is call us up and get your free cash offer, then walk away with money in your pocket.
Selling a House in Poor Condition Can Be Easy
Selling run down houses doesn’t have to be a complete headache. There’s a fantastic market out there for real estate that has investment potential and with the help of the right cash home buyer, it can be the simplest real estate transaction you’ve ever made.
At ibuyhomes.com, we’ve been helping homeowners around the country sell their run-down homes for good money. In a matter of just a few days, you can get rid of a property you don’t want and get cash in hand. Fill out our secure online form today and find out for yourself.
