While it truly isn’t mandatory to sell a condemned house, the process of either service or demolish/rebuild are high-priced, then remediations are regularly time-consuming, stressful plus difficult… Houses are periodically condemned due to structural problems, such as foundation problems or collapsed walls.
Hazardous materials such as lead paint, asbestos or mold that create a health threat can lead to a dwelling being condemned! Plumbing problems can result in sewage backups, flooding plus pest infestation, causing harshly unsanitary living conditions, another reason for a apartment being condemned is failure to comply with building codes; Examples are old electrical wiring, an older electrical panel or complications with the roof. Homeowners are responsible for service, if the dwelling is not regularly taken care of, it gradually becomes uninhabitable plus unsafe. It is then condemned by the local dwelling plus becomes nearly impossible to sell. A potential purchaser regularly requires financing to purchase a home. A dwelling that fails to pass inspection or qualify for insurance is eligible for a mortgage. If the homeowner decides to resolve the problems, the large investment undermines any potential profit, but for a condemned house, the best option is often a money sale. In Arizona, there are a number of money clients with a proven history of reliability, however getting started on the process is as simple as a iPhone call or submitting an online form! The homeowner receives an offer that same day plus the closing is normally completed in less than two weeks. There is no need for an inspection, repairs, listings or showings. A money sale eliminates realtor fees. It is a easily simple solution to a complex problem.