What Happens To Homes With Damage In Kanawha County?

by | Apr 13, 2022 | Blog

The time may come when you think to sell my house in Kanawha County.If you’re currently living in it without any major issues, you may just think everything’s fine and go ahead and call an agent so you can list your house on the market. However, it’s important that you take the time to check on the condition of the home before any sale.

Inspections (or lack thereof) impacts the sale

There are 2 main reasons why you should check if you have a home with damage in Kanawha County. The first reason is its impact on the sale price. No buyer wants to buy a home that’s on the verge of collapsing. If there are, you can bet they’re expecting a really low price for something that’s in a state of disrepair. On the flipside, knowing that your home is in pristine condition can allow you to ask for a higher price when listing it on the market.

The second is because it’s a legal requirement to disclose any structural damage. In most states, you’re legally required to disclose in writing any structural damage to your potential buyers. If you know about it, you have to make sure potential buyers are aware of it as well.

Some might think that by not getting it checked or inspected, you can get away with claiming that weren’t aware of any damage just to sell my house fast in Kanawha County. But we’ll stop you right there. That won’t absolve you or prevent getting into any trouble. Your buyer can file a case against you and the deal might not even push through if they discover damage in an inspection. That’s why it’s best to be transparent with these details.

The first step will always be identifying any and all issues with the property, then you can better choose which of the three options will be best.

The time may come when you think to sell my house in Kanawha County.If you’re currently living in it without any major issues, you may just think everything’s fine and go ahead and call an agent so you can list your house on the market. However, it’s important that you take the time to check on the condition of the home before any sale.

Option 1: Handle the repair before selling the home

The first option is simply addressing the issues and having the repairs done before selling the home. Repairing homes with damage in Kanawha County can sometimes result in a higher price that covers the cost of repairs. You can always get an estimate of the repair costs first then consult with a real estate agent to find out how much you can possibly get for the fixed property. If it turns out that the repairs will be worth it come the final sale, you can consider getting these done to increase its value.

Option 2: Place the repair costs in an escrow account

If you’re worried about the cash to pay for the repairs, you can opt to place the repair costs in an escrow account – out of the home’s sale price, rather than paying out of pocket.

While you can always just disclose the damage and work out a price with the buyer that considers that repair cost, most buyers won’t want to have to deal with those repairs. The workaround here is creating a deal that states that a portion of the sale price will be dedicated to repairs that need to be done. The seller will still be the one responsible for these repairs, but at least you won’t need to pay for it out of your own pocket.

Option 3: Sell your home “as-is” to a professional homebuyer

The third option, which may even be the simplest, is to sell your home “as-is” to a professional homebuyer. There are many companies that buy homes with damage in Kanawha County, just like 3 Oh 4 Investments, LLC. We buy houses in Kanawha County in any condition!

This will be the most straightforward option for anyone facing a home with damage in Kanawha County. You won’t need to worry about getting any inspections done or even lifting a finger for repairs. Companies like 3 Oh 4 Investments, LLC. handle all the work for you whether your house has structural damage, title issues, or facing foreclosure. In just 3 easy steps, you can receive a fair cash offer in a matter of days and even choose your closing date.

With 3 Oh 4 Investments, you’re placed in the driver’s seat of your sale. Call us today and learn what you can get from your Kanawha County home with damage.

Related Post

Ready to get Started? Sell with 3 Oh 4 Investments, LLC

Get An Offer Within 24 Hours!