A yellow house with vibrant lawn and flowers.

Selling a house can often be a long, drawn-out process. But what about if you need to sell a house fast?

Anyone who has ever sold a house in the past understands it is often a long and drawn out process. In an effort to help reduce the waiting time and help individuals needing to sell complete the process faster, there are a large number of companies now offering this type of service. In fact, they offer customers the ability to sell their house in weeks, or even days, where the traditional method would take months, or longer.

A question many people have is what is the appeal of this “fast sell” process? Is it right for their particular situation? And, why would people opt for this, rather than selling their home the old-fashioned way? Some of the most common reasons someone may decide to sell their home quickly can be found here.

Family Issues

Family problems happen to everyone. But when those problems come in the form of strapped finances, they can throw everything into chaos.

When money is needed to take care of an unexpected expense, pay for health care for an ailing loved one, or something else, the most viable option is often to sell a house. If you’re short on the money needed to pay for a major expense like surgery or the ongoing care of an infirm loved one, selling your home may be the best way to finance things quickly. If you don’t have the luxury of time, selling via the traditional market won’t work. But selling a house fast for cash could be a solution.

Tax Issues and Divorce

If you owe back taxes to the government or are in the midst of divorce proceedings, selling your house fast for cash is an easy way to put those problems to bed. The profits from the sale can help you pay off your tax bill, and if you’re involved in a divorce, selling the house removes the stress of arguing over who should get to keep it or live in it. Both of these situations are often very time-sensitive, so selling fast for cash makes sense.

Tired of Being a Landlord

If you own one or more rental properties, you know how draining it can be to keep up with them. If you’re tired of dealing with nightmare tenants who either don’t pay or who damage your home, selling the house fast to a cash homebuyer can relieve you of your burdens.

The good news is, when a person utilizes the services offered by a cash for property company, they can feel confident they will get a fair price and that the process will be much shorter than if they were to sell their home the old fashioned way. This type of peace of mind, and fast cash, is invaluable when it comes to needing money or needing to unload any type or size of property.

Unfortunately, not all of these companies are created equal, which is why if you find yourself needing to sell you house fast for cash, it is important to do plenty of research before making a decision. Following the steps outlined here will help you find and use a quality company that will make your time worthwhile.

Find a Reputable Buyer

The first step you must take when trying to sell your home quickly, for cash, is to find a reputable buyer. Unfortunately, there are more than a few nefarious individuals and companies out there who are looking to “rip-off” unsuspecting homeowners who need to sell.

If you’re planning to sell to a cash homebuyer, you’ve got to do your homework! Research your options before making a decision. Look for a company with an established reputation, plenty of customer reviews, and a reputation for fairness.

Fill Out the Online Form

Once you have found a reputable buyer, you can fill out the online form (that any reputable company will have) to get the process started. This form will include basic information about you and your property. This is just the initial information that is gathered to begin the process that is followed to purchase your home.

Talk with the Buyer and Receive a Cash Offer

After filling out the form, a buyer will contact you. This buyer will likely have a cash offer ready to present to you to get the ball rolling. Now is the time to ask questions, as the process can move quite quickly from here!

Receive Your Contract

If the price offered is acceptable to you, you can move forward with the buying process. While you have the option to negotiate, remember that many offers are given sight unseen.

After accepting or agreeing to an offer, the buyer will send you your contract. This can be done via mail, email, or fax. You are required to sign the contract and return it to the buyer.

Close

Once all the paperwork is complete, the closing process will begin. Reputable companies offering cash for houses will cover the associated closing costs. Make sure to keep this in mind, since there are some unscrupulous companies that may try to get you to pay these fees.

Receive Your Payment

Once all the “i’s” are dotted and “t’s” are crossed, you will receive your payment via wire transfer, direct deposit, or check. And that’s it—the process really is that easy. In a number of situations, it can be completed in just a few days! 

For many homeowners, this home purchasing innovation is a godsend. If you’re in a situation like the ones listed above and need to sell your house fast, give us a call. We buy homes in all conditions and can get you to close in less than 30 days!

Blue house fo sale sign.

Imagine how much simpler it would be to sell your home for cash rather than dealing with the hassle of banks, lenders, and mortgage companies. How much more profitable would the sale be if you could get it done quickly and avoid the hang-ups that the loan process often presents?

While the traditional real estate path might feel comfortable because it’s familiar, it has some serious downsides. If you’re thinking, “Why should I sell my house for cash?” or “What are the main benefits in looking for such a sale?”, here are five great reasons to consider selling your house for cash. Read more

Green road sign that has the word inheritance on it.

Inheriting a home can be a very complex business. Depending on how you came to be in possession of the home (whether it’s paid for, and whether or not you have any co-owners), there could be many potential next steps from which to choose.

If you’ve recently inherited a house in Florida, you may be questioning your next move. This guide is here to detail your options, including your ability to sell the house fast for cash. First off, though, we need to answer a few questions.

1. How Did You Inherit—Deed, Will, or Trust?

It might not seem like it matters, but there is actually a big difference in how an inherited house in Florida should be handled based upon how exactly it became yours.

If you were given the house by deed, this means you were appointed the “remainderman” for the deceased’s estate, and when they passed, the house moved into your hands. There is no need to go through probate proceedings, and if you do choose to sell, you should have no issue, as your name will be on the title.

If your loved one died with them listed as the sole property owner but left you the house in their will, you’ll need to go through probate proceedings in order to move the title into your name officially. This means if you want to sell the home, you’ll need to complete that process first, which can sometimes take a few months.

If the deceased drew up a trust agreement declaring that you (or you and others) are entitled to the house upon their death, it will pass directly to you (and any other co-owners). If, however, the deceased leaves behind a spouse or minor children, you will have to go through the probate process in order to move the title to your name.

2. Do You Know The Tax Implications? 

Selling any asset for more than you paid for it can trigger capital gains taxes. But what if you didn’t pay for it, but rather inherited it? Unfortunately, you can still be on the hook for taxes if you inherited a house and want to sell it. Do you know your options? 

Tax rates change slightly every year based on inflation and other political factors. For the 2019 tax year, the tax percentages on house inheritance range from zero percent to 20 percent, depending on the amount of profit you made from the sale. 

3. How Do You Handle Probate?

If you need to file probate on the estate and the deceased has been gone more than two years, chances are things will move pretty quickly. With a good attorney, you could be set in as little as a week. If the person died very recently and you’re trying to sell the house, however, you may be in for a bit of a wait.

The probate process involves posting a notice to creditors in the local newspaper and giving any creditors who are owed by the estate four months to come forward. Selling a house in probate in Florida can take a little longer than normal, but once the judge declares you the new owner, you’ll be set to do whatever you wish with the property.

3. Is There a Mortgage?

If you inherit a home with an outstanding mortgage, you must assume the payments if you hope to avoid foreclosure. Each company will have its own process for how to deal with the homeowner’s death and move the account to your name, but you should alert them as soon as possible.

What if you can’t afford the mortgage? Under Florida law, a mortgage company cannot go after your personal bank account or assets if you choose to walk away from an inherited home and allow it to be foreclosed on. But should you choose to do so, retain a probate attorney to protect your interests.

4. Are There Other Owners?

The trickiest of all inheritance situations is when you inherit the property jointly with other family members. Under Florida law, all of you will be equally responsible for all financial obligations pertaining to the property, including debts and liabilities.

Typically one person takes point on being property manager, but beware that this can cause tension and resentment. If one of the owners is living in the house, that can also complicate things, as they may not want to pay their fair share, or they may refuse to sell despite everyone else wanting to. Immediately upon inheritance, all the heirs should discuss the situation and make a plan that’s agreeable to everyone (which is, sadly, often easier said than done).

If you have inherited a home, your options are typically to a) live in the home (or let one of the co-owners live in it); b) rent it; or c) sell it. Selling a house in probate in Florida can be a bit trickier, but if you quickly tackle the probate process, you’ll be good to go.

If you’re not interested in renting the home and being a landlord, and you want to avoid the infighting that often stems from sharing ownership of a home with siblings, selling may be your best option. If you’re ready to sell your inherited house in Florida quickly, call The Buy Guys today. We work exclusively with individuals, and we can have you ready to close and walk away with cash in your pocket in just 30 days!

The front yard of a Florida home trashed by bad tenants.

Being a landlord isn’t for the faint of heart. While a vast majority of renters are reasonable and respectful people, there are definitely nightmare tenants out there. Even if you think you’ve vetted them thoroughly, you might end up surprised by the destructive and negligent actions they take on your property.

If you’re dealing with a tenant-trashed rental property, you’re probably feeling overwhelmed. How do you handle moving forward? How do you stop the bleeding in terms of the financial loss you’re facing? Could this happen again? There are a few steps you can take to salvage this rotten situation.

1. Eviction Time

If the tenant is still living in your property, it’s time to serve them with an eviction notice. Some landlords are fine drafting this on their own, while others look to an attorney for help. Either way, make sure you’re abiding by the landlord-tenant laws in your state so that you’re protected. Also be aware that this process can be lengthy, and an irate tenant may do more damage to your property once they’re notified that you intend to evict them.

2. Lawyer Up

Once you remove the troublesome tenant, you may want to go about recovering cash for the damage they caused. This means taking your tenant to small claims court to seek compensation. But remember that legal fees will apply, and (if your tenant is truly destitute) there may be no way for you to get any money from them for repairs.

3. File a Claim

If you want to avoid the legal circus, your best bet is often to file a claim with your homeowner’s insurance. Your policy should cover damages made by your tenant. Be aware, though, that every time you file a claim, there is a risk your rates rise. (Once you make a claim, the likelihood that you’ll make another increases, making you a bigger insurance liability.)

4. Make the Repairs

If you want to get your rental house back on the market so you can continue generating income from it, repairs will need to be done. No one wants to live in a trashed house.

If the damage is small, you may be able to address it yourself. If all you need is a fresh coat of paint or some new window panes, it may be doable. But if the damage was more severe, you’ll likely need to bring in contractors to mediate things, which will of course incur additional costs.

5. Unload the Property

As the landlord, you have certain rights to your property. Your tenant, however, also have rights. Depending on your state, you may be required to give several days’ notice before you’re able to evict them. You may also be required to give a certain amount of notice before showings. Selling your house for cash to a company that deals with homes in need of repair is the easiest option for selling your house fast without infringing on your tenants’ rights–and without having to run the risk that they’ll scare off potential buyers.

What About a Fixed Term Lease?

Keep in mind that if you have a fixed term lease, you may have to wait for the lease to end before you’ll be able to sell the house and evict the tenant. Make sure you’re keeping track of how much time you have left so that you can be done with it as soon as possible! If you’re in a bind and simply ready to be done, look for an investment company that will be willing to purchase the house while the tenant is still there, adhering to the terms of their lease until it ends. In this case, the investment company will essentially purchase the lease along with the property, which means that you can move on with your life sooner. This method is ideal for many landlords, since it means that you’re going to have income from the house until it sells. Selling the home to your tenant is also an option, and some states may require you to give them first refusal before you put the house on the market.

Secure Tenant Cooperation

If you don’t plan to sell the house with the tenant in residence, the best way to proceed is to gain their cooperation in the process. There are several things you should consider when dealing with your tenant.

  • Explain how the process is going to work. Set out guidelines for when the house can be shown, how much notice you will give, and what condition you’d like the house to be in when you show it. This is, of course, most effective with a cooperative tenant.
  • Offer monetary incentive to help your tenant move on, whether that means returning their deposit in spite of damage to the house or even offering to pay their first month’s rent and deposit on a new residence.
  • Consider a discount on rent for tenants who are cooperative with the showing process. 

For you, your rental property is a source of income. For your tenants, whether good or bad, that property is a home. They may not be eager to move or to accept a new landlord, but most tenants will be willing to work with you in order to help the process proceed more smoothly. By selling your house for cash, especially if you work with an investment company who will keep the tenants on for the duration of your lease, you streamline the process and make it easier for everyone involved.

Cracks in the foundation of a Florida home.

When you’re looking to sell your home, discovering structural issues can be a huge blow. It’s also pretty easy for these sorts of issues to go unnoticed, as they’re typically much harder to see. But they affect the overall integrity of your home and can be a real headache to mitigate.

In Florida specifically, a number of factors can contribute to structural damage. The tropical weather conditions can lead to both porous soil and excessive moisture within the home itself. Many of the buildings across the state were built decades ago, so the natural aging of materials also comes into play. The abundance of insects in the area can also leave structures vulnerable to damage.

If you’re looking to sell a house with structural issues, you have your work cut out for you, but it’s not impossible. First, you need to evaluate your home and identify the root of the problem. The following are the three most common structural problems found in Florida homes.

1. Cracked Foundations

This is perhaps the mother of all structural issues, as it involves damage to the base upon which your house sits. It’s not unheard of for homeowners to be completely unaware of foundation issues until the time comes for a potential buyer to do inspections.

Once you’re in that situation, you could be on the hook for costly repairs or risk losing the deal. The biggest telltale signs of foundation issues are things like cracks in the walls, spots where the molding doesn’t meet the ceiling, doors that don’t quite fit in their frames, and uneven floors.

2. Compromised Siding

Given Florida’s abundant sunshine and abundant precipitation, homes in this state are very susceptible to siding damage. Whether wood or vinyl, siding can easily sustain cracks from things like scraping tree branches, debris from lawnmowers, and prolonged exposure to sun.

If those cracks aren’t repaired, they’ll allow moisture to leach into the structure of your home. From there, you could be dealing with mold, mildew, termites, and more. Water damage can be very costly to repair and fundamentally challenge the stability of a structure, so examine your siding closely for damage.

3. Damaged Roofs

Much like siding, roofs can take a real beating in Florida’s climate. Near-constant moisture can cause the growth of things like algae and moss. While these might seem like only a cosmetic nuisance, they can lead to a serious breakdown in your shingles.

Excessive heat can also cause buckling and warping. Beyond that, there’s the danger of tropical storms and hurricanes, which bring with them wind, rain, and downed trees. If you see any of these happening with your roof, you’ve got a problem brewing.

If you’ve discovered structural issues with your home, your temptation may be to throw in the towel. Looking down the barrel of tens of thousands of dollars in repairs would make anyone feel hopeless. But don’t count yourself out yet!

There are often buyers willing to invest in a home as-is, despite structural issues. But if you’re not interested in bringing in a realtor and going through the process of listing and showing your home, only to give away a percentage of what you earn on the sale in fees and commissions, then a cash home buying company would be a great fit for you.

The Buy Guys purchase Florida homes in a wide variety of conditions, including those with structural damage. Give our team a call today to get started, and let us help you sell your house with structural issues in less than 30 days, for cash!

There are two words that can instantly strike fear into the heart of any homeowner: water damage. Whether it comes as the result of a busted pipe, a leaky roof, a faulty component in your HVAC system, or even the sometimes-cruel hand of Mother Nature, dealing with water in your home is a monumental headache.

The immediate aftermath of a flood can be an incredibly trying and emotional time for a homeowner. If you find yourself in a position where you need to sell a house with water damage, the intensity can feel even greater. But there are steps you can take to mitigate the stress and set yourself up for success.

When It Rains, It Pours

Water is a powerful force, and it can lay waste to your home in a matter of minutes. In addition to destroying or damaging prized possessions and valuable assets, it can also seriously compromise the stability of your home’s infrastructure. Addressing water damage properly will cost you.

If you’ve started requesting estimates, then you’ll already know this. To fix the problem and get your house back to normal, you’ll be looking not only at pricy repairs to any malfunctioning equipment but also remediation for the damaged parts of your home’s interior (patching holes, replacing carpet and drywall, etc.).

Additionally, you’ll probably also need a deep cleaning. If not addressed immediately—especially in a humid climate like Florida’s—retained water inside your home can result in the growth of severe mold and mildew. In addition to further complicating the repairs process, mold and mildew can prove to be a serious health risk for your family. Exposure can trigger the onset or worsening of conditions such as allergies and asthma.

Maybe the water damage to your home is especially extensive. Or perhaps it has just been left unaddressed because you were overwhelmed and didn’t know where to start. In these cases, you may find yourself needing to vacate the home in order to have repairs done safely and effectively. So you can go ahead and add the cost of alternative accommodations to your rapidly growing bill as well.

1. Minimize the Damage

Floods can happen quickly and with very little warning. As soon as you are able to access your property, you’ll need to work fast to contain the damage in any way you can. The quicker you address these issues, the better chance you have of preventing a total loss.

Begin by contacting your insurer to inform them of your claim so they can send an adjuster your way. Then move on to cataloging any and all damage.

Take photos and make extensive notes. Don’t throw anything away, though—your insurance company may require visual evidence of damaged items before they will honor your policy.

Attack water damage in the walls by removing damaged drywall or sheetrock immediately. Running fans and dehumidifiers throughout the house will also help dry things out.

Remember, mold can grow in just 48 hours, so time is of the essence when it comes to removing water from your home. It’s not impossible to sell a house with flooding damage, but it will be a lot more difficult to sell if it’s also full of mold.  

2. Get A Repair Estimate

Once you’ve gotten the situation under control and hopefully cleaned well enough to prevent mold and mildew growth, it’s time to get the big picture on the damage that’s been done. This isn’t a necessary step in selling your house, of course, but it will certainly put buyers’ minds at ease to know that a licensed professional has evaluated the property.

Whether you plan to fix the issues or not, having an inspector lay out in detail what needs to be done will be a huge help. You may even want to get a few different opinions so that you can present a fully fleshed-out plan to any potential buyers. Hopefully, they’ll be comforted by knowing what to expect financially.

3. Fix It Up

From here, you may choose to do some repairs before selling your home. If you have experience with things like drywall or sheetrock, it may be cost-effective for you to handle those things yourself. Or perhaps you have it in your budget to hire a contractor for those tasks.

Making smaller improvements—as well as cosmetic things like putting fresh, neutral paint on the walls and polishing the floors—could greatly improve your home’s selling price. If your issues are larger or more structural, though, be aware that remediation may set you back a pretty penny, which you might find isn’t worth it in the end.

4. Sell As-Is

So what if you don’t have insurance or the time or money to do repairs? If you need to sell a house with water damage quickly, you always have the option to sell the house as-is. Buyers understand that houses in this condition will be in need of some work.

There is always a market for fixer-uppers, and many buyers aren’t scared away by flood damage, provided that they feel they got a good enough deal on the property. You could go the traditional route with a real estate agent, but be aware that your home may sit on the market for a while (which can negatively impact the eventual selling price), and you’ll be on the hook for fees and commissions after the sale.

Going with a cash homebuying company, however, removes both the time and cost concerns of the traditional marketplace. The Buy Guys have worked with hundreds of individuals when they needed to sell a house with flooding issues. We’re here to help you sell your water-damaged home quickly and easily. Call us today to learn more!

A sold house sign.

If you receive code violations about your property but you do not have the funds to repair the violations or pay fines and interest that accrue daily, you might be thinking, “I need to sell my house fast before anything else goes wrong.” A big concern for homeowners, when faced with violations, is that buyers will not consider a property that does not comply with local codes and will try to drive the price down.

If you are wondering if you can sell your home without revealing the violations to the buyer, the answer is “no.” The law requires you to reveal all building code violations. If you fail to do so, you may be responsible for any financial loss the buyer accrues due to the violations.

First Step after You Receive Code Violations

Contact a local realtor who can help you address the violations. Code violations can be confusing and seeking professional help will help you resolve issues quicker. The realtor can schedule an appointment with the violation code officer to discuss the details of non-compliance. Most realtors have experience negotiating with code officers to sanction down the violations and get your house in compliance before selling.

Determine Which Violations Are Worth Repairing

There are six common code violations that homeowners encounter. Some code violations are just a matter of cosmetics and you can comply with them for little cash output. Some of these violations include mowing the lawn, landscaping the property to improve the appearance, draining an unused pool, removing asbestos, or scraping and painting peeling paint. Repairing these types of violations could increase your home’s value and attract potential buyers.

Other common home code violations include:

  • Electrical errors
  • Missing or broken fire alarms
  • Windows in dangerous locations
  • Missing expansion tank for water heater
  • Not having handrails installed on railings

Arbitrate a Deal with the Buyer to Pay for Repairs

After disclosing the violations to potential buyers, especially serious violations, such as, fire hazards, electrical violations, structural damage or zoning issues, some of them might be willing to repair code violations themselves. If this is the case, they will negotiate for a lower purchase price. Most buyers considering this option, hire a contractor to inspect your home to determine if repairing the code violations are worth their while. Building codes change all the time and buyers want to make sure that the house does not have structural violations that will be a headache for years to come.

Sell Your House As-Is to an Investor

In many cases, buyers would rather not invest money to repair a house with multiple code violations. If all else fails, you can contact a real estate investor who will buy your house as-is, which saves you all the money needed to bring your house up to code. In fact, you can forgo selling your house through a realtor and find an investor who will pay cash for your house, ending the code violation nightmare. According to the National Association of Realtors, cash sales made up 23 percent of home sales in January 2017, increasing from 21 percent in December. Of these sales, investors bought 15 percent of the properties and fifty-nine percent of the investors paid cash. So, this option could be your best bet if you need cash fast.

When making your decision to sell your home for cash, consider these other benefits. With a cash sale to professional homebuyers and investors, you do not pay realtor commissions, inspection fees or closing costs. This gives you cash-in-hand to help relieve your financial burdens or use the cash for relocating.

If you reside in Florida or Georgia and need help selling your property, we can help find an investor for your situation, no matter what the condition of your home or code violations incurred. Contact us to find out what you can do about selling your house fast. If you are a real estate investor looking for properties for cash sales, we can find home investments that fit your needs, as well.

A sold house sign.

If you are interested in selling your house fast, for cash, you may begin investigating the various buyers available. While some make unrealistic promises and guarantees, it is better to get all the information before making a decision. To avoid we buy houses scams, it’s important to know your options and to ask the right questions.

Here you will find some of the most frequently asked questions, which will help you decide whether or not you should work with a certain fast cash home buyer.

Are you purchasing the home or are you the end buyer?

Residential real estate transactions with fast cash home buyers are very different from commercial real estate loan companies. In many cases, companies are going to purchase a home and then “flip it” or resell it to make a profit. While this isn’t always the case, it is a real possibility. While you can ask the company if they are going to be the end buyer, this should not really matter if you are trying to sell. A problem may arise if you are speaking with a “middleman.” In these situations, it may be best to request to speak with the end buyer so you don’t run into any issues or problems with the sale.

If inherited home from a family member, who handles it and how will the probate be handled?

The majority of companies offering quick cash for properties have dealt with inherited property in the past. As a result, they know what has to be done to get through probate and will have no problem with this situation. However, it is a good idea to make it known in the beginning to prevent any roadblocks once the buying process begins.

If the property is owner-occupied, will you be able to stay there?

The conditions upon whether or not an owner will be permitted to remain in the property after the sale is going to depend on the company. In some cases, this is possible, but in other situations, the buyer may be planning to flip the house and resell it. It is good to find out ahead of time so you can make the necessary plans and arrangements.

Will the property be purchased as is?

The majority or companies offering cash for houses have no problem purchasing a home “as is.” Again, this can vary from one company to another and any issues have to be disclosed before the sale, in most cases. The point of cash for houses buyers is to help individuals who may have a hard time selling get the process handled quickly.

Does the house need to have repairs done?

The Buy Guys purchase properties “as-is” so you don’t have to do anything to the house, no matter the condition.

Significant structural issues such as foundation or roof instability, severe water damage, or plumbing/electrical problems could cut a lot into the profit you’ll get if you’re choosing to sell on your own. If you have the time and the money, investing heavily in major repairs like these could help bring your home back up to snuff and give you a shot at securing a better selling price.

You’ll need to weigh the pros and cons of spending that cash to determine if you can truly make it back through a more robust asking price.

Are there any hidden fees or closing costs?

Most companies are going to pay all the closing costs associated with the sell. In most cases, the only fees that the property owner is going to be responsible for paying is the prorated portion of the property taxes, the state tax and any leftover mortgage payment. There are never any hidden costs when you use the services of a reputable cash for houses company.

Have you purchased many homes in my area?

A reputable cash home buyer will be knowledgable and know your neighborhood. Talk with the company to understand how many homes they’ve purchased and how they evaluate the surrounding area.

Can you provide a same day offer?

Same day offers are available in some cases, but it all depends on the location and condition of the house. Speak with the company you are considering using to determine whether or not this is possible.

Do they have reviews they can share?

Any legit cash home buying company with have dozens, if not hundreds, of reviews from satisfied sellers. When you talk with each company, make sure you ask how long they’ve been in business and if they are accredited by The Better Business Bureau (BBB).

As you can see, there are several factors that may affect your cash for houses buying experience. The key is to find and work with a reputable company to achieve the best results possible.

House with interior mold.

Is it possible to sell a house in bad shape? Of course it is! Whether your home sustained damage from a hurricane—which is a very common situation for Floridians—or from some other calamity such as fire or a flood, you still have options.

It’s not an unachievable dream that you could sell a bad house for a fair price, but you do have to be more purposeful about how you approach the selling process. Depending on your financial situation and your timeline for selling, you could do one of these three things to sell a house in bad shape. 

1. Make Some Repairs

If you’re not in a rush to get out of the home and you have some cash to put towards fixing it up, making some minor repairs could be a huge help. You’d be surprised how different your house may look after a heavy-duty cleaning and some refreshing (think new paint or freshly buffed floors). You’re sure to get a better asking price if your home looks more appealing to potential buyers.

If the repairs needed are of a more substantial, structural variety, though, you may have more on your hands than you realized. While fixing things like a broken window or a leaky faucet might be doable on a DIY budget, things like foundation repair and extensive electrical or plumbing work are likely to cost you thousands. You’ll have to weigh whether that cost is worth the potential difference in selling price.

2. Advertise It as a Fixer-Upper

Not all buyers are looking for a picture-perfect house. If the price is right, many people are willing to put in the work to restore the home to its former glory. If you don’t have the money to make repairs, you can simply put it on the market as a “fixer-upper” and see what interest you generate. You may also find that developers are looking to buy property in your area to renovate.

Make sure to disclose all of the home’s issues to any potential buyers, of course, and be prepared to be lowballed on the price. Depending on how much you truly need to make on the sale and how long you can wait for the right buyer, this can be a great way to sell a damaged house. 

3. Sell for Cash 

If you’re too strapped to make any repairs to your home, and you can’t sit around forever waiting to find someone willing to take on its many issues, you’re not totally up a creek. Selling for cash to a licensed and reputable home buying company is probably going to be the best avenue for you. Since the process is so fast and easy, many owners of damaged properties go in this direction.

We know that it can be difficult to sell a house in bad shape, but The Buy Guys buy homes in all sorts of conditions throughout Florida. We’ve seen it all, and we’re not scared!

If you need to sell a damaged house and you’re not in a place where you can make thousands of dollars of repairs before you do it, it’s time to look into selling your home as-is to The Buy Guys team. You’ll get cash fast, and you won’t have to take on any of the expense or stress of fixing the house yourself. Call us today to get a cash offer on your house in under 10 minutes!

The exterior of a house with lead paint that is chipped.

If your home was constructed prior to 1978, it is a simple reality that you’ll encounter some lead-based paint. Real estate regulations require sellers to disclose a host of details about their properties, but selling a house with lead paint is the only one that is federally enforced. The Environmental Protection Agency takes a very serious stance on this, and withholding that information can result in heavy fines.

The EPA’s approach is understandable, as these days, the health risks of lead paint are well known and, frankly, pretty scary. Lead is highly toxic, and ingesting it can negatively impact nearly every organ system in the human body. You, of course, would never want to be responsible for someone getting sick after purchasing your home.

Small children are particularly susceptible to the effects of lead, and lead poisoning can cause both physical and mental delays, not to mention—in extreme cases—brain damage. Kids are prone to chew on things and are the most likely to be affected, but adults also run the risk of getting very sick if lead paint begins to flake or peel, disseminating dangerous particles into the air.

How to Find Out If Your House Has Lead Paint

How can you confirm whether or not you have lead paint before you attempt to sell your home? If it was built quite a while ago (think 1950s or earlier), and it hasn’t been remodeled since then, lead paint is almost certainly present. If your home was built in the 1970s, chances are likely there is still some lead in the paint, but the amount used in paint was dwindling by then, as we first began to understand lead’s side effects.

Either way, you’ll probably want to confirm its presence and concentration before selling your home. You can purchase a DIY kit, but be aware that they often show false negatives, so you’ll want to repeat the test multiple times. Also remember that if you say you’re sure there is no lead in the home and it’s found later, you’ll face a hefty fine.

Hiring a professional to assess your home is the only guaranteed way of knowing how much lead is there and where it’s located. It will cost you a few hundred dollars, but that’s better than the thousands you’ll pay for not properly disclosing it.

Note that you are not technically required to test for the presence of lead yourself if you’re not already aware of it, but you do have to give any potential buyer a 10-day window in which to have testing done themselves. The presence of lead paint can seriously affect your asking price, so it’s probably something you want to know up front.

Cost of Remediation

You might be thinking that if you have lead paint, painting over it with a newer paint will fix the problem. Unfortunately, that’s not the case. Lead can leach from the old paint into the modern non-lead-based stuff, making it just as unsafe.

DIY lead remediation isn’t feasible. Lead is an incredibly dangerous substance, and its removal is best handled by a professional. You can find a certified professional lead inspector via your local EPA office.

Depending on how much paint you’re dealing with, you may have the option of a “wait-and-see” approach, monitoring for any paint peeling or flaking and making sure any future repairs are done by lead-safe certified companies. Abatement (completely removing the lead from your home) is the best possible option, but it also costs thousands of dollars.

How to Sell a Home With Lead Paint

Having lead paint in your home can make it difficult to sell. Potential buyers with children will be especially wary. You may also only get lowball offers if people assume they’ll have to take on thousands of dollars in remediation in order to make the home safe and liveable for their family.

But selling a house with lead paint isn’t impossible. Not everyone wants to have kids, and some buyers who love older homes may be willing to accept the cost of replacing the paint if it means they get a house with true character.

Going the traditional route is an option. Be aware, however, that some real estate agents may be hesitant to take on your home, and it could sit on the market for significantly longer than a home without lead issues.

Before you spend thousands of dollars on lead paint removal, consider selling your house as-is to The Buy Guys team. You can sell your house for cash without shouldering the expenses of dealing with toxic lead paint yourself.