Selling As-Is: Who Buys Homes That Need Major Repairs Fast?Selling As-Is: Who Buys Homes That Need Major Repairs Fast?
Trying to sell a house that needs major repairs can feel like an uphill battle. Whether the damage is from fire, water, foundation issues, or just years of neglect, the idea of listing it on the traditional market can seem unrealistic. The good news? Selling your home “as-is” is a real and viable option—especially if you know who’s actually buying homes in rough condition. Let’s break down your options and what to expect when selling a home that needs more than just a little TLC.
Investors Are a Popular Solution
Many sellers are surprised to learn that investors are often the quickest and most flexible buyers for damaged homes. Real estate company buying fire damaged homes will typically purchase properties as-is with no need for repairs or cleaning. These companies understand the scope of work involved in restoring distressed homes and are ready to take it on. The benefit to you is speed—you can usually close in a matter of days, not months. And since there’s no need for staging or inspections, the process is much less stressful.
Why Traditional Buyers Might Pass
Most traditional buyers are looking for move-in-ready homes. They want modern kitchens, updated bathrooms, and zero repair concerns. If your house has serious structural issues, smoke damage, or an outdated electrical system, many lenders won’t even approve a mortgage on it. That’s why homes needing major repairs often sit on the market—or get pulled from it altogether. Unless you’re planning to fully renovate before selling, going the …
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It may seem like an obvious step, but it’s easy to overlook in the chaos of the moving day. Start by contacting your utility providers ahead of time to schedule service activation or transfer. First up, go for your electricity. Make sure the power is turned off when you arrive at your new place; this will prevent any mishaps while inspecting electrical outlets or fixtures. Once you’ve done a thorough safety check, contact your local electricity provider to get everything up and running smoothly.
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A building inspection is an objective examination of the physical condition of a property. It is a non-invasive assessment of a property’s condition and does not require the inspector to damage or move any belongings or furniture. It can reveal hidden problems with a home that you may not be able to see yourself. These problems could cost you thousands of dollars to fix down the road. You can avoid purchasing a home needing significant repairs by performing a building inspection.
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