It can be tough to sell your home if it’s not in poor condition, or if it’s an older house. If you go through the traditional real estate market, you will likely be advised to make repairs to your home or to remodel your old house in order to make the property more desirable for buyers. Consider instead selling your fixer upper to a real estate investor. At Cash for Houses Houston TX, we buy the ugliest houses one can imagine! For many years we’ve offered Houston area homeowners the best services, and we’ll buy your house fast, As Is, and for cash!
A typical real estate sale can take from several months to a year or more to complete. Especially if you have a house with problems that need repairs or certain updates need to be made to modernize your property before the home will be listed. Cash for Houses Houston TX is the best company that buys houses FAST, in any condition, and in most cases we close in 3 to 30 days. You don’t have to wait for a picky buyer to finally make you an offer for your house with a scary history of repairs.
We buy houses in any condition, including junk houses. If yours is a difficult house to sell, for example, it needs a new roof, suffered a serious flooding in the past or anything else, we’ll happily take it off your hands. It doesn’t matter what’s wrong with it – we buy houses AS IS.
You won’t need to worry about waiting on your buyer to get approval from a mortgage company or a bank before we can close on your house – we pay cash, so you get the whole amount in hand as soon as the closing is completed.
Absolutely everything is rolled into the cash offer we make for your home, so there will be no hidden fees or commissions, and no surprises for you at closing.
Depending on your circumstances, selling a home with fire damage “as is” may be your best choice – especially if the cost of making repairs would leave you unable to make your mortgage payments. That could be even more true if the fire was caused by an electrical problem that may be even more expensive to resolve. And with any fire, the damage you can see may only be the tip of the iceberg, as it brings along other types of problems: water damage, mold, vandalism, and all these require extra expenses.
It typically costs a homeowner thousands of dollars to repair a damaged foundation. In addition, many banks won’t loan money to buyers for purchasing a home with structural or foundation problems. And even after the repair work, the past problem still affects the home’s resale value, because many potential buyers will be turned off by a house with foundation repairs. Rather than making that investment, which takes not only money, but also your time, you may ultimately be made happier by selling the home and letting us take car of about it after we buy it from you.
A home that has been flooded is, in some ways, permanently tainted. Repairs are costly and inconvenient, and can leave homeowners effectively homeless for several months before the house is habitable again. Even if all of the visible damage has been repaired, there is always the worry of more damage that can’t be seen, and especially of hidden mold, growing inside the walls and under the floorboards. Consequently, selling a home with water damage or mold can prove extremely difficult.
Termite damage costs Americans over $5 billion every year, and isn’t covered by most homeowners’ insurance policies. If your inspection has uncovered evidence of termites at a late stage, the cost of treatment and repairs may be more than you can handle. Selling a home with termite damage can be tough, too, because sellers are required to disclose not only current termite infestations, but also past ones. Homeowners need to report the termite history of the house, including any known past infestations and treatments. Of course, no potential buyer will be excited about learning things like these about the property they are considering to make their home.
Asbestos was used widely in home construction from the 1940s through the 1970s, because it was an inexpensive and effective fireproofing and insulating material. Asbestos siding, roofing materials, floor and ceiling tiles, pipe and duct insulation are still very effective, but when disturbed these materials send deadly carcinogenic fibers floating through the air. Having asbestos removed from a home can be expensive and isn’t usually recommended, but its presence can be a hard sell to a potential buyer.
Normally, you should. If you are selling your house on the market, with a Realtor or FSBO (for sale by owner), a run down house that needs a lot of work may just not sell. Buyers usually want a safe place to live in without worrying about fixing anything. Some home sellers are fine with such kind of sacrifice, but if you don’t have enough money for hiring a contractor or buying necessary materials and equipment, or you have no time to do it yourself, you may need a better option.
The alternative option is selling your house As Is off the market—to a real estate investor. Investors buy houses in any condition and have cash ready, unlike an average American home buyer who only can afford a house with financing and depends on a mortgage lender. So selling to an investor also takes significantly less time, as you don’t wait for your buyer to get approved for a mortgage. For example, with our company – Cash for Houses Houston TX, you normally sell within one or two weeks. The shortest time we’ve bought damaged homes is 3 days, the longest is only one month.
Yes, you can. But there are limits to a seller’s responsibility after closing. To hold the seller responsible for repairs after closing, the buyer must prove the seller knew and withheld information about the issue. As long as the homeowner disclosed all known defects of the property in a disclosure form, the seller is unlikely to be held responsible. If you fail to disclose defects you were likely to know about, though, you can be sued for damages under a number of Texas statutes.
The home seller’s liability is fairly limited in Texas. There is a four year statute of limitations during which a buyer may file a complaint or a civil suit, and then make claims for damages, which could include monetary damages, termination of the sale agreement, and even punitive damages. But this only refers to cases when a problem with a house wasn’t disclosed by the seller in a disclosure form. Normally, all issues with the property become the buyer’s problems on the closing day.
The laws that govern home sales in Houston, Texas, require that a seller must disclose certain information about the condition of the property. The Seller’s Disclosure Notice prompts the homeowner to note the presence or absence and the condition of such items as the plumbing and air conditioning systems, fireplaces and smoke detectors, as well as various property defects including damaged or malfunctioning doors and windows, and to declare major issues like the property being in a floodplain, having been treated for termites, containing asbestos among the building materials, having had foundation repair work done, or showing signs of structural damage. A lawsuit can result if the buyer later discovers issues that the seller failed to disclose.