Selling A House With Code Violations In Killeen

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Do you own a run-down, damaged, or unlivable house that you want to sell? Learn more about how to sell your house with code violations in Bell County.

If you own a run-down or damaged property in Killeen or Temple, you can feel stuck or obligated to a property that isn’t doing anything for you. Maybe you think nobody would want to buy the property or that one day you will finally get all the repairs done to make the house liveable. However, there comes a point when you have to decide if the money you are spending on your house with code violations is worth it. Between the repairs, taxes, vacancy costs, and other routine maintenance, owning an unoccupied home can be very expensive. If this sounds like your situation, it’s important to consider a different option for the property.

Set Your Expectations

When selling a damaged property you have to realize that it is not going to fetch the same prices as the houses you see for sale on the MLS or a “zestimate”.  There is work that needs to be done, and someone has to foot the bill. Once again, by working with an experienced professional buyer, you will be able to sell to someone who is able to fix it up at a more economical price, thus giving you the potential to receive a higher offer. Keep in mind that when you work with a direct buyer, you won’t be spending money on commissions either. Commissions and fees can easily run over 10% of the sale price when working with a local real estate agent. Without commissions or agent fees, you will be able to keep thousands of dollars in your pocket.

Find The Right Buyer

Selling the house will free you from the property and the stress that comes along with it. But not every buyer is up for the challenge of repairing your house with code violations in Bell County. You will need to find the right buyer who will pay you a fair price and who is up for the challenge. This often means working with an investor who will see the potential in the property and have the ability to fix it up at a more economical price than your average buyer would be able to. By selling in this manner, you will be able to sell quickly, without sinking any more money into the property than you have to.

Make It Look Nice

Even if there is a portion of the house that needs major repairs that you aren’t prepared to deal with, you can still make the rest of the house look as appealing as possible. Highlight the positive features of the property and use items to stage the house if necessary. The goal is to show people what the house truly can be once the repairs are made. Show them that there is more to property than just the needed repairs. You can also spend some time in the yard. Great curb appeal will have an effect on your potential buyer’s first impression, thus making them more likely to make an offer despite the needed repairs.

Disclose Everything

Not doing so can get you in some hot water down the road if something should go wrong. You need to be upfront about all you know in regards to the property, even if the damages cannot be seen. If you fail to disclose something that becomes a problem in the future, you could find yourself paying for even more repairs or having to deal with lawsuits or court battles. It is never ok to hide damages or problems with a property, either ethically or legally. If necessary, create a checklist so you can easily identify different problems with the property, ensuring you have reviewed the house from top to bottom.

Don’t Hold On Out of Emotion

I know it’s hard to let go sometimes but the truth is most properties in this condition only get worse and end up costing more and more money and causing even greater headaches.  Sometimes it helps to talk with someone on the outside who can provide you with options you might not even know about.

Selling your house with code violations in Copperas Cove may seem impossible, but it can, in fact, be done. Knowing how to market the property, who to market it to, and what to expect will make the transaction a quick and easy one. Heartland Funding Inc. specializes in helping Harker Heights & Killeen homeowners sell their properties with code violations or many other problems. If you own a house in need of major repairs, we would love to talk to you!

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Dominic

Dominic

I am the owner & buyer for Liberty Home Buyers in Killeen. I am local and happy to help with any questions you may have so feel free to reach out.

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