Home Outdated? Tens of Thousands in repairs? We can help.
It may have been decades since you first moved into your house. You may have gotten married, had children, raised them, and now, they are out of the nest. You may see nothing wrong with continuing to live in your home, however, if you are an adventurous spirit, you may want more from life than simply staying in the same house as you continue to age. If you are one of these people, you may be wondering if you should sell your home or how much it might be worth in the market, especially if you have updated it since you moved in. Below, we share why you should sell your outdated home.
Foundation Issues
The foundation of your house ensures structural integrity. However, over time, water may seep in through the concrete and eventually weaken the foundation of your home. It is not unusual to experience uneven floors and jammed doors where the foundation has settled. Sometimes these are mere inconveniences and other times they can be serious problems where fixing them is required so your basement wall doesn’t collapse.
Foundation repairs are far from cheap. A compromised foundation may cost as little as a few thousand dollars up to $50,000 or more depending on the severity. Steel I-beams, wall anchors, and tie backs and cost easily $5,000 each and are typically spaced every 10 feet along the cracking wall. Instead of investing in such an expensive repair, if you plan on moving out, you can choose to sell your house and avoid this unprecedented repair altogether.
Updating Codes
The world is always changing, and so is the construction landscape. Homes built in the last few years do not look like those made a few decades ago and building techniques and codes change change too.
If your home is old and you’d like to make some updates, the new codes may impact how you can remodel, repair or rebuild it. For example, if your home is old enough to have knob and tube wiring, if you do as much as open up the walls and take down the drywall, depending on the municipality, you may be required to rewire your entire house because the old electrical was exposed. That could be a quick $5-10,000 upgrade you weren’t expecting during your home remodeling project.
Lead Paint, Water or Mold Damage
Furthermore, lead paint is likely to be present in your home if it was built before 1978, when the federal government had not yet banned the substance. Well-covered lead paint may not be a problem, however, deteriorating lead-based paint is a hazard and requires special contractor and permitting.
Instead of engaging in extensive, expensive repairs, you might want to choose to sell your home instead.
Need help selling your outdate home?
Call us Today to discuss your options:
Damage from Natural Disasters or Fires
If your home has experience one of these disasters and instead of rebuilding, you would rather move on to the next chapter or you life, we can help you take the next step. We’ll buy you home as-is without any costly repairs and we can even negotiate with your insurance to ensure you get paid out correctly.
Outdated kitchens, bathrooms, and home appliances like HVAC
Whatever the situation and condition of your home, we’ll buy it exactly as it is.
- Kitchen not updated since the 70s? No problem
- Still have shag carpet throughout the house? We’ll buy it.
- Does your bathroom have old purple tile and the sink to match? We’ve replaced that before.
- Furnace broken? AC unit no longer working? Dishwasher leaks? We’ll buy any home with non-functioning appliances
Why spend $5,000-$25,000 on repairs if you’re planning on moving out anyway? We can buy as-is and prevent you from going through all the hassle of making any of upgrades.
Let’s chat about selling
We can buy your home as-is and we’ll buy it on your timeline, allowing you to have as much time as you need and move out on your terms.
Give us a call and Community Home Buyers you present you with all options of selling your home.
Still have questions?
Give our team a call anytime or schedule a FREE consultation with one of our co-founders to discuss options for your home.
Frequently Asked Questions About Outdated Properties
Your Title Goes Here
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.
Your Title Goes Here
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.