Perhaps you own a condemned house in Portland, Oregon. The weight of the debt can almost seem crushing at times, and yet, you haven’t been able to sell the property. A lot of homeowners run into this situation. You don’t want to invest any more money into it, but selling it can be a challenge.
At Better Off House Buyers, we have bought many condemned houses and turned them into beautiful homes. This may be something you want to consider if you’re finding it difficult to sell.
What is a Condemned House?
Houses get condemned because the government steps in and deems them uninhabitable. They have seized the property, and it is considered to be unsafe. Please note that it takes more than just vacating a property to call it condemned. There could be many reasons, such as:
· The house has unsanitary living conditions.
· The house’s infrastructure needs work or it is failing.
· There has been significant structural damage done to the house that has never been fixed.
· The house could have black mold or other, similar problems.
· The house could have serious damage from termites or other pests.
A lot of houses become unsanitary because of tenants. Poor maintenance can cause houses to fall into disrepair, and if left too long, it can be expensive to fix any problems.
But there are additional reasons why houses get condemned too. It can happen after renovations if the house is inspected and there are violations found. Plumbing problems that aren’t fixed can result in the house being condemned, or it may not have anything to do with the house at all.
Local government officials have been known to condemn houses to suit their own plans as well. For example, let’s say they want to do construction on your street, or maybe the government has made plans to do improvements in the community. Both of these can result in homes being condemned.
What Happens When a House is Condemned?
Most houses are vacated before they are condemned, but that is not always the case. If your house is condemned, you or the people who live there will be forced to evacuate because it’s no longer deemed safe. If the house isn’t sold, the government may seize control of it, leaving you unable to make any of your money back on a sale.
Owning a condemned house can be incredibly stressful. Not only do have you to bear the weight of the financial burden, but you also have to worry about a long legal battle. The best thing you can do is to sell your house as soon as possible, but that can be challenging when it’s condemned or about to be condemned.
Selling Your House With a Real Estate Agent
The first thing most people do when they’re getting ready to sell a house is to contact a local real estate agent. There’s nothing wrong with that if the house is sound and you’re fairly certain of a relatively quick sale. But in the case of selling a condemned house, a real estate agent is probably not the best way to go.
Real estate agents can be great at selling houses that are move-in ready. But it’s more challenging with a house that needs some work. A lot of prospective home buyers will only consider houses that need little to no work. In order to sell a house that needs renovations or that has serious construction problems, it’s best to opt for an investor.
Selling Your Condemned Home to an Investor
When you sell your home to an investor instead of working with a real estate agent, the process will be entirely different. A professional home buyer won’t be concerned about whether or not your home has been condemned. Their focus will be on how much work it will take to restore it.
You’ll find that if you do choose to work with an investor, it will be an entirely different experience. You won’t have to wait as long to close, and many of them will be able to pay you in cash on the spot.
The last thing you want to do is be tied down with a condemned property. With every passing day, your house is losing value, which means that it’s important to act quickly. Once you no longer have to worry about selling your home, you’ll be amazed at the burden that gets lifted off your shoulders.
Working With Better Off House Buyers
At Better Off House Buyers, our goal is to relieve you of that financial burden for good. We’ve worked with many sellers whose homes were condemned and needed a lot of work. Most of them were unable to handle the expense of fixing up the home. What they needed was a way out, which we were happy to provide them with.
Our process is simple. This is how it works:
· The first step is to contact us about your property. This is free and fast, and you can do this right on our website. You’ll want to tell us as much as possible about your house. The more we know, the easier it is for us to make a decision to move forward with the purchase.
· The next step is to set up an appointment. We are careful to use the best safety practices when we come to view your home, including wearing gloves and masks. We’ll want to see the house in person before we make an offer.
· The next step is to get an offer from us. We promise that your written offer will be fair because we aim to come up with an amount that will work for both of us.
· Finally, we’ll make a plan to close. This can be done on your timetable when it is convenient for you. Many of our sellers have cash for their condemned homes in as little as 7 days.
Contact us today if you’re ready to sell your condemned house in Portland, Oregon!