To sell a house in Phoenix with foundation problems can be stressful and overwhelming. It can seem like an impossible feat to complete without breaking the bank, but you can still get top dollar for your home, even if it has foundation issues.
If you’re looking to sell a house in Phoenix but have discovered that it has an alarming issue, you may be wondering what your options are. Fortunately, Oak Street Properties have some solutions. Keep reading to discover more!
3 effective ways to sell a house in Phoenix with foundation problems.
1. Contact Real Estate Companies Who Buy Unwanted Properties
If you want to sell your faulty house fast, contacting real estate companies who specialize in buying properties in any condition is often an excellent place to start. These property buyers are more likely to give you top dollar for your house in less time than if you try selling it on your own. However, there’s no guarantee that any random company will be interested or able to purchase your houses with vast and expensive issues. Invest a little time to find a real estate company that’s willing to buy homes with foundation problems.
2. Hire a Realtor Who Specializes in Selling Flawed Houses
The last thing you want is for your house to sit on the market. The best way to ensure that doesn’t happen is by hiring an agent who specializes in buying properties with foundation problems. They can find you a quick buyer and have your home off your hands as quickly as possible.
Make sure you’re working with real estate agents who have closed similar transactions before. You don’t want to list your home with an agent that doesn’t have experience selling faulty houses. When choosing an agent, make sure they have a proven track record of successful sales in your area, and ensure their strategy aligns with your needs.
3. Disclose All Visible Foundation Issues to Potential Buyers
To avoid surprises if you know about any foundation issues, disclose them early and in writing. Potential buyers might lose interest or try haggling on price, but revealing foundation problems upfront is still better than hiding them from a buyer who will most certainly find out eventually. It’s good practice to have an attorney draft your real estate contracts for sales of houses with foundation issues. This will keep all parties protected by a binding legal agreement.
Foundation problems can be tricky to fix, and if you own a house with foundation issues, it can be just as challenging to sell it. As most real estate experts will tell you, you have no choice but to fix the problem before putting your property on the market. However, as discussed in this article, there are a few methods you can utilize to get around this problem and still make money off of your house during the sale process.