When Foundation or Structural Issues Make Renovation Impractical

Thinking about selling a house but your foundation is crumbling?

Foundation repairs and structural damage are going to cost you tens of thousands of dollars. Maybe more.

And after you shell out that kind of money…

There’s still no promise your house will sell for what you think it’s worth.

That’s because…

Sometimes the smart financial decision is to sell a house without repairs rather than sink thousands (or tens of thousands) of dollars into your property.

But when should you sell your house without making repairs?

Foundation problems and structural damage are tricky. They rarely come alone, and they often lead to a long list of secondary repairs.

But there’s hope. You can sell houses as-is fast without getting ripped off. You just need to know what you’re doing.

What you’ll cover:

Why Selling House With Foundation Problems Makes Little Sense
Understanding The True Cost Of Structural Damage
Comparing Costs: Repair vs. Sell As-Is
Sell House Without Repairs Step-By-Step

Ready to learn how to sell houses with foundation problems?

Let’s do this!

Why Selling House With Foundation Problems Makes Little Sense

Foundation problems are different.

They go beyond an aesthetic issue that can quickly be fixed. Instead, foundation issues usually cause damage throughout your home.

When your foundation shifts, it impacts:

Walls
Floors
Windows
Doors

Plus…

Repairing the foundation often doesn’t correct the secondary damage caused by its shifting.

Many homeowners find themselves in a position where they spend thousands repairing their foundation – only to find they have new drywall to hang, flooring to install, and plumbing to fix.

Foundation issues cause millions of dollars of damage every year.

Oftentimes, foundation problems spell renovation of your entire home.

Homeowners who’ve chosen to sell houses with foundation problems instead of trying to tackle repairs have shared what a blessing it was. Their testimonials show just how much time and stress can be saved by skipping the repair process entirely.

The bottom line is this: Unless you plan on ripping out every wall in your home, foundation problems aren’t often something you can fix and sell.

Understanding The True Cost Of Structural Damage

Most homeowners vastly underestimate the cost of foundation and structural repairs.

Yes, patching up small cracks might cost a couple hundred dollars. But what most homeowners with foundation problems are facing is far greater.

Nationwide averages for foundation repair range from $2,200 to $8,100 according to Angi. Even larger jobs that require pier work or slab replacement can range from $15,000 to $30,000.

If you’ve ever had a contractor come look at your foundation, you know these prices can be easily doubled depending on who you talk to.

Keep in mind, that price only covers repairing your foundation.

What about the costs of repairing:

Drywall cracks and seams
Plumbing that was damaged by shifting pipes
Doors and windows that won’t close properly
Floors that buckle and tile that cracks

Property with foundation problems typically sell for 15-25% lower than other homes on the market. And you can be sure buyers will know your house has had foundation work after living in your home for just a few years.

Oh, and you’ll still need to disclose that information on most real estate contracts.

Does it really make sense to pay tens of thousands of dollars in repairs on your home that may not even sell for what you think it’s worth?

For most homeowners, the answer is no. Especially when you can sell a house without repairs quickly.

Comparing Costs: Repair vs. Sell As-Is

Not every house is worth fixing up. And when you’re looking at major structural damage, it may very well be your best bet to sell as-is.

Here are a few questions to ask yourself when deciding whether to sell a house with repairs or sell it as-is.

Does repairing make financial sense?

If repairs are going to cost you $10,000 but you won’t sell your home for another $5,000, what’s the point?

Will you be able to pay for repairs?

Some repairs can easily reach six-figures. Can you afford that?

Have you tried to sell it before?

If your house has been on the market for months with no offers, it might be time to cut your losses.

Are you short on time?

Trying to sell your house the traditional way takes months. If you need money fast, selling as-is is the way to go.

If you can answer yes to any of these questions, selling your house as-is is a great option.

Think about the money you’ll save in repair costs.

You won’t have to find contractors.

You won’t have to worry about buying materials.

Offering comes in? You can accept and close in as little as 2 weeks.

Sell House Without Repairs Step-By-Step

Listing your damaged property on the MLS is a frustrating process.

Most buyers are looking for turn-key properties that are ready to move in. As soon as an inspector spots the damage your property has sustained, you’re back to square one.

Here’s the routine most damaged properties sell:

The buyer’s inspector notices the foundation issue.
The buyer asks for repair costs to be deducted from the offer. Or, walks away from the deal completely.
The seller is left with a damaged property with no offers.

Dealing with structural damage is exhausting.

And when you’re trying to sell that damaged property, it can feel impossible.

The good news? There’s a better way.

Here’s how to sell house without repairs:

Get a professional understanding of what repairs are needed.
Be upfront and honest about the structural issues. (You’ll need to disclose anyways)
Find cash home buyers that specialise in purchasing damaged properties.
Compare several offers to ensure you get a fair deal.
Close quickly. The majority of cash sales close in 14 days or less.

Working with cash home buyers that understand foundation issues will save you tons of time and money.

They won’t hassle you about repair costs.

They have contractors that can handle any type of repair.

Closing takes a fraction of the time with cash buyers since there are no mortgages to wait on.

Sell House Fast Without Making Repairs

Sorry to burst your bubble, but trying to sell a damaged house on your own will likely end in disaster.

Most people simply don’t have the resources to make major structural repairs. And even if you do, there’s still no promise your house will sell for what you think it’s worth.

Selling a house with foundation problems is a tough road when you do it alone.

But with the right knowledge and tools, you can sell your damaged property quickly without getting screwed.

Sell House Fast With Foundation Problems

Need to sell fast?

Cash home buyers can purchase your house with foundation problems in as little as one business day.

Just submit a quick form and get a fair cash offer over the phone.

There’s no hassle with repair costs and no pressure to make your house look Pinterest perfect.

Cash home buyers purchase houses in all types of conditions. Even properties with serious structural issues.

Don’t wait. Sell your house fast today!

Think about it…

If repairing your foundation isn’t an option and selling it the traditional way will take months, why not sell the house fast?

Cash home buyers specialise in purchasing properties with:

Foundation Problems
Structural Damage
Water Damage
And much more.

The Takeaway…

Imagine throwing good money after bad.

That’s essentially what you do when you sink money into repairing a house with structural problems. You may never see that money back when you go to sell.

Selling a house without repairs can be your best option when facing major structural damage.

Foundation problems are disastrous for your home’s resale value. And they often lead to thousands – if not tens of thousands – of dollars in secondary repair costs.

When it comes to damage, time is not your friend. The longer you wait to make a decision, the more money you’ll pour down the drain.

Take control of your situation today and sell the house fast!