If a government entity determines that a house or building is no longer suitable to live in, e.g. it accumulates unsafe housing code violations, it will condemn the property. If the cited problems within the condemned property are not fixed, the owner and its occupants will be asked to move. If you are facing this situation and looking to sell a condemned property, The Equity Pros can help.
What is a Condemned Property?
A livable property must provide safe electrical outlets, adequate light fixtures, heating and cooling systems, proper ventilation, hot water, and plumbing system. Homeowners, family members, and tenants have the responsibility to keep the dwelling clean, in sound structural condition, and pest-free.
If an inspector cites hazards such as black mold, structural damage, unsanitary living conditions, etc. the property may be condemned. If utilities in the property have been discontinued and the building has been boarded up or vacant for over 60 days, it can be condemned as well.
Remember, properties in perfect condition can also be condemned. This often affects buildings that are situated in locations that have been designated for construction or public use. For example, an old stretch of residential homes can be condemned and marked for demolition. A library or public park will then replace that lot.
Condemned Property | Why?
A condemned property cannot be sold to others as a house. In addition, the land where the property is built on is less valuable than bare land. The owner does not own vacant land and he or she has to bear the cost of demolishing existing structures and garbage disposal.
Remember, a property does not have to be officially condemned by the government to be a hassle for the owner and unlivable. If you want money in your pocket and zero headaches, it is better to sell the property as soon as possible.
Condemned Property | How Does it Work?
The sale of a condemned property starts with a simple phone call. You can schedule a free, no-obligation consultation with The Equity Pros. A team member will facilitate a house visit at no cost. This allows us to get started on your property valuation without delay. You will then receive an update pertaining to a fair cash offer. Our clients sell directly to us and that offer is never affected by expensive real estate commissions. Once an agreement has been reached, you can choose your preferred move out date.
When we buy a condemned property, we do not require our clients to repair it or perform a thorough cleanup. All of these tasks will be handled by our team. What’s more, you do not need to sign any contracts that bind you to a certain term.
Condemned Property | Choose The Equity Pros
The Equity Pros deals with a wide range of condemned properties all the time. Our professional buyers are trained to see value where others might not. This way, you get the most cash value out of your property. You can enjoy complete peace of mind that we can also navigate the legal system of permits.
At The Equity Pros, we offer free, fast, and fair cash offers for condemned properties in Raleigh, Rolesville, Apex, Chapel Hill, Garner, Morrisville, Cary, and other areas in North Carolina. We continually strive to eliminate our clients’ headaches and help them move on with their lives.
If you are looking to sell a condemned property in Raleigh and all surrounding areas in North Carolina, simply call (919)-229-4991 or complete our online contact form.