Selling a house with foundation problems can be difficult. When a buyer knows about the issue during the inspection, they suddenly lose interest in the purchase. Before deciding to sell your home, you should ensure it’s in the best shape and condition possible. If your house is in good condition, you can sell your house at a better price and get back the money you spend on repair and renovation.
Why Do Foundation Issues Make It Hard To Sell Your Home?
Foundation issues are difficult to fix, so is trying to sell a house with foundation issues. Most buyers would never buy a house if they learn it has foundation issues. If you’re looking to fix the foundation problem, you should do that fast otherwise your house would stay longer on the market.
Can I Still Sell My Home Despite Foundation Issues?
If your house has foundation issues, it’s natural that you worry about how to sell it. This can be a tough time for you as a seller, however, this article will explain how you can sell your home with foundation issues. You have two options if you’re faced with this kind of problem. Let’s consider each option carefully in subsequent paragraphs:
- Fix the Foundation Issues
First, determine how bad the foundation issue is; check if there are cracks or shrinkage in the foundation. If you discover any, you should hire a structural engineer to provide the best solution. An engineer will give you a detailed list of everything needed for the repairs and the cost involved. When you fix the foundation issues, you’re able to assure buyers that the house is in good shape and it’s safe to live in.
But that’s only possible if the damage to the foundation isn’t very bad. Also, the process of repairing the damage can be a long one that may not be suitable for either the buyer or the seller. In this case, you can refer to option two, which is selling as-is.
- Sell As-Is
If you feel it’s unprofitable for you to spend thousands of dollars trying to fix your foundation issue, then you must know that it will affect the value of your home or even discourage buyers from purchasing the house. However, that’s not the end; you can still your house with foundation issues. Since you can’t hide the information about the foundation damage, you’ll have to let your buyer know at one point.
Selling to a cash house buyer makes the situation less awkward. A cash house buyer is prepared to buy a house as-is. This means that they’re aware of the condition the house is in before they buy. Selling to a professional cash house buyer is your next best choice if you cannot afford the fees for the repair of your foundation.
A cash house buyer will assess your property and make an offer based on the value of your home. However, they’ll leave the decision of accepting the offer to you. If you accept the offer, you won’t have to worry about making repairs or renovations to anything that’s damaged in your house.
Experienced homeowners know that selling to a cash house buyer is the best solution to selling a house with foundation issues. Work with a professional cash house buyer who is reliable and ready to offer the best price for your house. If you’re looking to sell my house fast Conroe, you can sell to us at Preferred House Buyers. We’re reliable and will close the sale of your house in record time.
Contact us today to learn more about our services!