Aim High Properties, LLC. is a we buy houses in New Jersey company with a wealth of knowledge regarding home sales. One of the questions we’ve been asked is: how can I sell a home that has structural issues?
Selling a home with structural or foundational issues is tricky. While more difficult, it doesn’t mean your house can’t be sold.
Signs of a structural or foundation problem
Contrary to what you might think, not all kinds of structural issues will lower your home’s value. However, larger problems definitely will. Some signs of major structural issues include:
- Doors and windows that are difficult or cannot be opened and closed because of misalignment
- Uneven floors
- Cracks in the wall
- Walls that bulge outward
- Wooden floors that are sagging
- A damp basement or crawl space
- Wall rotation or when the inside edge of your home’s foundation is pushed outward and outside edge is pushed inward due to unstable foundation (brought about by damp soil)
- Cracks in bricks or grout between them
- Leaning chimneys or porches
Inform any future buyers
Legally, you’re required to disclose in writing any structural damage your house has to potential buyers. This is because structural damage can be hazardous or even life-threatening. While it may be tempting to keep it a secret so as not to drive down the home’s market value, don’t. Failure to inform potential buyers is not just illegal, but it could put them and anyone who sets foot into your house at serious risk.
Fix the problem
If you don’t want to take the loss on your property, you can always address the problem first and then sell the home.
To do this, you’ll need to consult with a foundation professional who will conduct an inspection of your home to find any issues you may not have known about. Then, they will give you an estimate on how much the repair work will cost. If this fits your budget, you can sign off on the estimate and they can begin repairing your home.
If you choose this route, be prepared to spend quite a bit because foundation repairs don’t come cheap. Make sure the repair work done on your foundation comes with a warranty so you can show this (and later pass it on) to a potential buyer.
Sell to a Professional Home Buyer!
With this option, you get to sell your house as is. No need to worry about repairs or maintenance work! A professional home buyer like Aim High Properties, LLC. buys houses for cash in Cherry Hill, NJ. The houses they purchase come in many different physical states and conditions. Structural problems are not a big deal to professional home buyers, but you still have to disclose them, of course!
When you sell to a professional home buyer, you’re working directly with the one buying the house. So, there are no realtor fees, closing costs, or commissions you need to worry about. While you may still get less on your home, 100% of the sales proceeds goes directly to you. If you think about how much money it would cost to repair the home THEN pay realtors, you may be better off just selling your house as it is.
Partnering with Aim High Properties, LLC
At Aim High Properties, LLC, we buy houses in New Jersey, and we strive to make the selling process as easy as possible for you!! is here to make selling your home easier than ever. Working with Aim High Properties, LLC means no complicated paperwork or negotiation deals. Our contracts are simple. We provide you with a fair offer within 72 hours or less. You are under no obligation whatsoever to accept our offer, so take all the time you need to think about it! If this offer is favorable to you, you can choose which date you want to officially close the sale on. Then, just sign the prepared paperwork and count your cash. It’s really as simple as that! At Aim High Properties, LLC, consider us your full-service team. Contact Aim High Properties, LLC at (856) 861-6000 today to learn more.