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How to Sell Your Condemned House in Killeen
Do you have a condemned house? Are you looking for a way to sell it? If so, you may have run into a few issues. It is not always easy to sell a condemned house, and you might feel like you have to address all the potential issues with your house before you sell it. Fortunately, that is not necessarily the case. What are some of the reasons why a house might be condemned, and how can you sell it as quickly as possible? Take a look at a few important points below, and do not hesitate to reach out to a professional who can help you.
What Does It Mean If a House Is Condemned?
If a house has been condemned, that usually means that the local or state government has taken a look at the house and decided that it is no longer safe for someone to live there. It is the responsibility of the government to make sure that people have safe homes in which to live. If there is a concern related to the house, they may send over an official inspector to take a look at it. Then, if they decide that the house is no longer safe, they may condemn it, meaning that nobody can live in it until the issues are addressed. If anyone is living in the home, they will have to find another place to stay.
Why Does a House Get Condemned?
There are plenty of reasons why a house might be condemned. Some of the most common reasons include:
- There might be a significant mold infestation in the home, such as black mold, leading to a significant medical hazard.
- There might be an issue with the roof that threatens the integrity of the structure, and the house may be at risk of collapsing.
- There could be a significant concern with the plumbing, meaning that the house does not have a safe source of running water.
- There might be electrical work that has been completed without appropriate permits, meaning that it is not necessarily safe.
You may feel as though you have to address all of these issues before you sell your house.
Can You Sell a Condemned House?
Yes, you are still allowed to sell a condemned house. However, because the house has been condemned, you are not allowed to sell the structure. Essentially, if you decide to sell a house that has been condemned, you will only be selling the land on which the house sits. This might mean that a traditional buyer will have a very difficult time making a competitive offer for the house. A traditional buyer usually has to get financing, and a bank is going to hesitate before giving someone a loan for a house that has been condemned. This could significantly limit your opportunities to sell the house.
Sell Your Condemned House to a Cash Home Buyer
Even though you might not be able to sell your house to a traditional buyer, you may be able to sell it to a cash home buyer. A cash buyer does not have to get financing before purchasing the house. Therefore, they can provide you with a cash offer, allowing you to move on as quickly as possible. If you sell your home to a cash buyer, you also get to keep more of the cash in your pocket. A cash home buyer doesn’t have to get approval from a lender, so you don’t have to worry about paying closing expenses.
Call We Buy Killeen Houses to Sell Your House Fast
If you want to sell your house as quickly as possible, we can help you. We are We Buy Killeen Houses, and we buy houses of all qualities in the local area. Even if the house has been condemned, we would still be happy to make you a cash offer for your home. We can get you to the closing table as quickly as possible, helping you keep more of the cash from the sale. If you would like to figure out how much money we can give you for your house, contact us today to speak to our team!
