Tips for Selling a Spokane, WA, or Coeur d’Alene, Idaho Home in Bad Condition or Poor Shape
Selling a house in poor condition is like trying to win a running competition with a foot sprain. It may be possible, but it will be a complex and painful undertaking. Home buyers prefer a clean, structurally sound home ready for immediate occupation. Moreover, current mortgage rates have increased to 6.5%, making potential buyers more hesitant to purchase real estate.
Fortunately, you can still let go of your home for a reasonable price, and that’s by selling it to a cash home buyer. Read to discover the challenge of selling a Spokane, WA, or Coeur d’Alene, ID home in bad condition or poor shape and how The Easy Home Buyer can help.
Selling a House in Poor Condition
A house in poor condition will require a lot of fixing. Minor repairs for slightly damaged fixtures, walls, ceilings, plumbing, and HVAC systems already cost around $2,000 to $5,000. Meanwhile, major foundation and roof problems can set you back $6,000 to $11,000. This is not even considering other factors like termite infestations, mold buildup, and electrical issues.
Conventional buyers will think twice before purchasing a worn-out property. Hence, you’ll either have to make all the necessary repairs first before selling or dispose of the property at a meager price. Either of these choices will put you in a challenging financial situation.
Selling a House in Bad Shape
Even if you find a conventional buyer or agent willing to sell your home, the issue of market value will still be present. The state of your home affects its value. Generally, a house in bad shape will sell for significantly less. This is expected since the buyer must conduct all repairs and overhauls to make the property livable again.
Homes in bad shape are also likely to have multiple building code violations. An unresolved violation can decrease a home’s sales price by around 3.4%. The loss in value can further increase as more violations get discovered. When added together, these factors can make selling your home a stressful and unmotivating process.
What Determines a House in Bad Condition
Home buyers look at several indicators to determine if your house is in bad condition. Here are a few of these signs.
Damaged Walls and Flooring
Walls and flooring with huge dents, bulges, and cracks are giveaways that your home requires a significant patch-up. Moreover, stains and damp subfloors indicate either a leak or insufficient ventilation. All of these can progress into more important issues that further impact the safety and livability of your property.
Rotting Roof and Ceiling
Potential homeowners will inspect the roof and ceiling of your home. A rotting roof system is an alarming sign that your home is structurally unsound and prone to leaks, pest infestations, and security breaches. These parts are constantly exposed to elements and are expensive to repair. Moreover, a sagging ceiling negatively affects the visual appeal of your home’s interior.
Leaking Pipes, Toilets, and HVAC systems
Around 10% of U.S. homes have leaks that impact safety and contribute to water wastage. Thus, significant leaks in your home’s bathroom, kitchen plumbing, and HVAC systems can be red flags to potential buyers. Repairing these leaks can become costly, making your home harder to sell.
Sell It To Us for Cash Quickly
To avoid expensive repair costs and the hassle of looking for a buyer, go straight to The Easy Home Buyer. We aim to serve and help people who want to sell their homes quickly and stress-free. We’ll make everything easy for you by buying your home as-is, regardless of its many faults and blemishes.
Our procedure is likewise straightforward. We’ll send someone to assess your property, give you a reasonable offer within a day, and immediately pay you in cash should you find our offer acceptable. There is no commission fee, closing costs, or any hidden charges. Moreover, since we give full cash payments, there’s no need to enter into tedious mortgage, loan, or installment contracts.
Read Our Reviews
If our word isn’t enough, you can check out the testimonials of our Spokane and Coeur d’Alene clients. By reading about their experiences, you’ll see why The Easy Home Buyer remains a top-rated cash home buyer.
Are you planning on selling a Spokane, WA, or Coeur d’Alene, ID home in bad condition or poor shape? No problem. We at The Easy Home Buyer will take your troublesome property off your hands if you need to sell my house fast Spokane. Contact us at (509) 530-2088 or visit our website for your free instant cash offer.
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The Easy Home buyer is a cash home buyer that wants to help your family get out of a problem property quickly. We buy houses fast for cash, so trust us to get the best deal for your unwanted or damaged home or house today!