Trouble with Selling a Fixer Upper

     

Selling a home in today’s market is tough enough, but if you’ve got a home that’s run-down, in bad need of major repairs, and perhaps isn’t even in live-in condition, you’re going to have a much harder go of fixerupper.pngthings. Buyers looking for fixer upper houses for sale are likely to be savvy and know exactly what to look for when it comes to choosing a project home. Here we’ll take a look at some of the biggest problems for fixer upper sellers:

Hazardous materials: things such as asbestos and lead paint are a big red flag. They require expensive and time-consuming remediation and many buyers will shy away because of this.

Structural damage: this could be a crack in the foundation or unstable load-bearing beams. These are serious problems that most people aren’t willing to mess with.

Electrical problems: replacing outdated and/or dangerously impaired wiring is a large undertaking that goes far beyond quick cosmetic repair.

Outdated/damaged windows: replacing windows is a significant renovation cost and will sometimes deter even the most experienced of buyers looking at fixer upper houses for sale.

Serious roof damage: new shingles are one thing, Damage that extends into the attic walls and insulation is quite another.

If you have a home with these kinds of severe issues, you could put it on the market and hope for the right buyer looking for fixer upper houses for sale – or you could sell it to us and get cash for your home without the stress of finding the perfect buyer.

make me an offer

 

Jennifer Shenbaum

About The Author

Jennifer Shenbaum is a real estate investor based in Southern California. She is a veteran of the housing market crash of 2007. Best of all, she offers free remodeling ideas to all who ask.