Selling your house with code violations in Philadelphia isn’t always an easy task when listing it on the MLS with a local real estate agent. Learn how a direct sale can help to make the process a quick and easy one!
Do you own a house in Philadelphia that is riddled with needed repairs and code violations? Do you want to sell this property once and for all? Before you go and spend money on repairs or find yourself in a listing agreement that doesn’t work for your situation, check out these 5 things you should know about selling your house with code violations in Philadelphia! Knowing these things ahead of time will save you time and money!
The Cost of Repairs
Repairing your house can be very expensive. Unless you have a background in construction, you’ll want to hire a professional to come in and do some estimates. Keep in mind, these are only rough numbers. Who knows what will be found once a wall is torn down.
The difficult thing about starting the repair process is that your projects can snowball. What starts as a seemingly small project, can turn into something much larger. You could find yourself making many more trips to the hardware store than you had first planned on. If you are thinking about making repairs before selling the house, make sure you add a good amount of padding to your budget.
The Time You Will Spend
Selling a house that needs a lot of repairs will likely take up a considerable amount of your time. One repair turns into another, and another, and another… when all is said and done, it could be months before your house is in the condition you desire. If you own a house with code violations in Philadelphia, getting it to a place where it is ready for the MLS may take you longer than you think. The good news for you is that buyers such as Philly Homes And Lots will buy your house as-is, saving you not only money but your time too.
What Needs To Be Disclosed
The short answer is everything. By law, any flaw you are aware of regarding the property must be disclosed to any of your potential buyers. While this might scare some people off, not properly disclosing information regarding the house can cost you in all sorts of ways. You could not only have the new buyers on your case once they find out the true condition of the home, but you can also be inviting lawsuits right to your front doorstep. Literally.
Finding The Right Buyers
If you need to sell a house with code violations in Philadelphia, finding the right buyers can pose a bit of a challenge. Not everyone is in the market for a fixer-upper. If your house is in really rough shape, finding the right buyer can feel next to impossible. The right buyer for your house in Philadelphia will be someone who isn’t afraid to get their hands dirty. They will know how to fix up the house in a cost-effective and efficient manner. If your house has major code violations, it likely won’t be ideal for novice investors. Working with a team such as Philly Homes And Lots will allow you to sell to someone more experienced. Someone who knows how to quickly fix up a house, without nickel and diming you for every property flaw.
The Easy Solution
If you want to sell your house with code violations in Philadelphia, the easiest and most convenient way is to sell it directly to an investor in Philadelphia. Philly Homes And Lots pays great prices for houses in Philadelphia and we work with homeowners to help them find the best solutions available. By purchasing houses as-is, we are able to save local homeowners both time and money. We work with every homeowner on an individual basis to help them find the solution that is best for them! When you are ready to sell your house in Philadelphia, find out how a direct sale can impact you!
If you need to sell your house with code violations in Philadelphia, making repairs, hiring an agent, and trying to sell your house to traditional buyers may stall the process. Often times the average lender won’t lend to people who want to buy a house that needs a lot of work. Marketing to them can be a waste of time and money. To quickly and easily sell your house with code violations in Philadelphia, reach out to Philly Homes And Lots. We will happily make you an offer to take the property off your hands as-is. We pay fair prices and are able to close almost immediately in most cases!