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Free Guide for Selling a House in Poor Condition

Itu2019s a fact universally acknowledged that homes need constant TLC but not everyone is able to properly maintain their home. When the time comes to sell it, they are faced with overwhelming repairs and upgrades that need to be done for it to be market-ready.

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Free Guide for Selling a House in Poor Condition

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  1. Free Guide for Selling a House in Poor Condition It’s a fact universally acknowledged that homes need constant TLC but not everyone is able to properly maintain their home. When the time comes to sell it, they are faced with overwhelming repairs and upgrades that need to be done for it to be market-ready. Selling a house in poor condition doesn’t necessarily mean repairs, renovations, and upgrades. We will discuss here how to sell a house that needs repairs depending on your timeline, budget, and personal goals. You can sell your house as-is even in its poor condition if you need to sell fast and don’t mind getting a lower offer.

  2. You can also choose to invest some time and money to demand a higher price. But first let’s define what a house in poor condition really is. What Houses are Categorized as in “Poor Condition” Poor condition houses for sale are not usually in the same condition. The term poor condition is relative, but poor condition houses in real estate usually fall into three categories: Uninhabitable Houses Uninhabitable homes may be unfit for human occupation since they don’t comply with basic living and safety standards. These are also houses that receive a poor condition rating from home inspectors because of multiple issues that make them uninhabitable such as:

  3. Black mold • Extensive and/or severe foundation problems • Serious electrical problems (for example, frayed wiring and outdated knob-and-tube wiring) • Asbestos and/or lead • Serious plumbing issues such as leaky and corroded pipes and non-functioning water heater • Non-functioning HVAC system • Termite infestation • Extensive and/or severe chimney damage • 2. Houses in Need of Multiple Visible Repairs • These houses are still habitable but they have several flaws and need multiple repairs. They may receive a fair condition rating from a home inspector, but many shoppers and their agents will still categorized them as in “poor condition” due to a number of serious issues such as significant foundation problems, some plumbing issues, some electrical problems, major roof damage.

  4. 3. Houses That Shows Poorly or Could Use Some Updates • A house with good bones but has unaddressed maintenance issues and some general repairs may receive a “fair” or “good” condition rating from home inspectors. However, if your home is dingy some buyers will still consider it as in poor condition even if you get a fair/good condition home inspection rating. This will reflect on their offer. • These are common issues that can give your house a “poor condition” label to buyers despite having no major problems and having good bones: • Weathered exterior • Untended landscaping (dead or overgrown) • Outdated kitchen/bathroom(s) • Dirty, cluttered interior • Peeling paint • Outdated finishes on faucets and/or light fixtures • Dirty flooring

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