The phrase condemned house may conjure images of a haunted house-like building with dark windows, cobwebs, a broken front porch, and missing shingles. However, the definition of a condemned house is one that the government has determined is no longer safe to live in, typically due to unsafe housing code breaches. Fortunately, you can sell your house or fix it if you know the possible legal issues. Below, we’ll go over everything you need to know about selling a condemned house.
What Is a Condemned House?
If a home is deemed unfit for habitation by the local authority, it is referred to as being condemned. Once a residence is condemned, the occupants must leave, renovate, or give their house to a third party. The government may also seize a home, compensating the homeowners on the open market.
How Can I Sell My Condemned House?
Option 1: Repair the Foreclosed Property, and Sell It
Consider renovating and repairing the home and selling it for a better price rather than seeking local real estate investors to buy your condemned house. Whether you can restore the damage will depend on how extensive the repairs are and how much time and money you have.
Option 2: Sell the Condemned Home As-Is
Investors in real estate are eligible to purchase condemned homes. They are experts who can swiftly assess the issue and act promptly to purchase your home. Your home will be purchased as-is by real estate investors. If your home has been condemned, likely, you don’t have the time or money to complete the necessary repairs. These concerns are taken care of when you sell to an investor. An investor can close the sale of your home swiftly.
Sell Your Condemned House Quickly
If you now have a condemned home, you may want to sell your house fast in Santa Rosa, FL. Consider asking Greg Buys Houses for a cash offer if you want to earn the most money possible when selling your Santa Rosa home to an investor. We will purchase your house in any condition and in a hurry. As one of the top cash home buyers in Santa Rosa, FL, we will assist you in getting the condemned housing property off your hands. We can also answer any questions regarding the procedure, selling, or the general state of condemned housing.