You’d like nothing more than to be rid of your house, but it’s not in the best condition, and that’s putting it mildly. Maybe it’s packed full of junk that you don’t want to move or water-damaged from recent flooding and you’d rather not pay for repairs.
Can you sell a house in bad condition? Yes, and The Red Door Guys make selling a house in poor condition stress-free. We buy houses in Richmond, VA, no matter the condition.
Why Might You Want To Sell As-Is?
Selling a house in poor property condition is convenient, but it does have drawbacks. The main one is that most buyers won’t pay as much for a house that isn’t in good shape. Even so, you might want to sell your house as-is if:
- You got a new job in a different city or state and need to move ASAP.
- You’re behind on property taxes or mortgage payments and the lender is threatening foreclosure.
- You’re getting divorced and neither you nor your soon-to-be ex wants to keep the home.
- The property is a rental, your tenants have seriously damaged the house, and you don’t want to pay for repairs and renovations.
How To Sell a House in Poor Condition
It’s possible to sell a house in rough shape, although finding a buyer who’s willing to accept the house as-is can be challenging.
Before selling a property, consider cleaning the house and making small repairs, such as fixing squeaky door hinges and leaking faucets. The fewer repairs a buyer has to make, the more you’ll be able to sell the house for.
Next, hire a home inspector to find defects with the property. You don’t have to fix these defects, but per Virginia’s disclosure requirements, you must tell prospective buyers about them so they can decide whether they want to waive inspection contingencies. If you fail to disclose defects, the buyer could cancel the sale or even sue you if they discover a hidden defect later.
Now you’ll need to price your home. Look up the value of similar properties in the neighborhood and make market value adjustments based on the condition of your home.
Finally, it’s time to start looking for a buyer. One option is to go the traditional route and work with a real estate agent. Your agent can help you find a buyer willing to take the house as-is, but be aware that fewer people will want to accept a house that needs major repairs. Your house could linger on the market for months before finding a buyer.
The easiest way to offload your house is to sell to a cash buyer, such as The Red Door Guys. We’ll take that house off your hands no matter its condition.
Got an Ugly House? We Make Selling a House in Poor Condition as Easy as Can Be!
Can you sell a house in poor condition? If you’re having trouble selling a house that needs repairs, call The Red Door Guys at (804) 395-7355. We’ll give you a fair cash offer and can complete the selling process in seven days or less.