Are you trying to sell your abandoned property? Be prepared because doing so the traditional way is as challenging as selling an old car sitting in your garage for decades.
There may be some value to it, but like a neglected car, the damage from wear and tear can scare off even the most interested of buyers.
You’re not alone if you’re the owner of an abandoned property. In Richmond alone, there are over three thousand abandoned properties. Because of their wear and tear, these properties will likely have low property values and be a pain to sell.
So, what do you do if your abandoned or vacant property has some significant mileage on it?
Sell your abandoned property in Richmond for cash.
Learn more about selling your home for cash and why a cash offer is a fast, hassle-free, and potentially profitable solution.
Selling an Abandoned House
In Virginia, nothing in the law says you can’t sell an abandoned property. However, because of how much damage your property may have sustained, you’re likely to encounter several challenges when you try to sell it.
Here are some of the difficulties that await when you sell an abandoned property in Richmond:
- The Need for Repairs: You must make repairs on your abandoned house if you want to sell it. Unfortunately, repair costs can be steep in Virginia, averaging $2,321 to $3,018 — and these costs don’t include foundation repairs.
- Market Perception of Abandoned Properties: Many buyers and realtors will be aware of the damage sustained by abandoned properties and their code violations. For this reason, there’s often a negative perception of vacant and neglected properties in Virginia and across the country.
- A Time-Consuming Process: Indeed, the average listed property stays on the market for just 21 days. However, abandoned properties take much longer to sell.
Reasons To Sell an Abandoned House
Abandoned or otherwise, properties end up on the market for a variety of reasons. If you’re on the fence about selling yours, here are some compelling reasons to do so:
- Financial Relief: Selling your abandoned property gives you the necessary liquidity or funds for various critical expenditures.
- Avoiding Legal Issues: You may not know it, but your abandoned property may have a laundry list of deed issues and code violations that may be too costly to address.
- Selling Before Depreciation: Unlike most pieces of real estate, abandoned properties can lose their value over time. Hence, it’s best to sell your home as soon as possible before any further depreciation.
How To Sell an Abandoned House
There are two ways to sell an abandoned property.
Listing With a Realtor
One option that you may have already considered is listing with a realtor.
Although this option has its benefits, be aware. Listing with a realtor means having to pay commission fees, staging open houses to show your property, and making repairs.
Not only do all of these things make selling your abandoned property time-consuming, but they also compound the cost of your home sale.
A Better Way: Sell Your Abandoned Property for Cash
What if we told you that there was a way to sell your home without a realtor?
By accepting a cash offer for your abandoned property, there are no added fees or delayed timelines. All you get is a successful home sale that closes in as little as a week — and with no added commission fees.
Here’s the best part:
Because a cash buyer buys homes as-is and in any condition, you won’t have to pay thousands in repairs and renovations.
But who’s going to take your home off your hands for a great value?
We would!
Get a free cash offer today and find out how much we’d be willing to pay you for your abandoned property.
We Buy Houses As-Is in Any Condition
We mean every word when we say that we’ll buy your home for cash in any condition.
Get a cash offer for your property today, even if it’s in the following conditions:
- Hoarder Homes: We’ll buy your property no matter how cluttered it may be.
- Fixer-Uppers: Is your property a fixer-upper? We see the potential in homes that need some TLC and are ready to make you an offer.
- Bad Rental Property Tenants: Are landlord duties taking a toll? Sell your rental property fast and leave everything to us.
- Dirty: Abandoned properties can accumulate dirt after years of neglect, but that doesn’t stop us from seeing the value of yours.
- Death Estates: Have you inherited a property that you don’t want? Sell it to us, so you can focus on moving on.
- Code Violations: Getting your property up to code can cost you time and money. That’s why we’re here to buy your house — code violations and all.
- Needs Repairs: A house that’s in bad shape is still valuable to us. We’ll buy it from you as-is, meaning you won’t have to make any repairs.
- Trash-Filled Properties: Who said you had to clean up your house before selling it? We’ll buy it from you no matter the mess.
- Damage: Whether your house has wear and tear or cracked foundations, we’re prepared to buy it regardless of its condition.
- Run-Down Properties: Even if your house seems beyond hope, we see value and will make you a fair offer.
Get Cash Now for Your Chesapeake, Norfolk, Chester, Richmond, or Virginia Beach Home
Accepting a cash offer is the fastest and most hassle-free way to sell your abandoned property.
Sell to us, and you can look forward to a home sale that takes any burden off your shoulders and puts more money in your pockets.
Get a cash offer now and find out how much we’ll pay you for your Chesapeake, Norfolk, Chester, Richmond, or Virginia Beach home.
Sell It to Us for Cash Quickly
Selling to us is as easy. All you need to do is reach out and tell us about your abandoned property. We’ll then craft a customized cash offer, and if you’re happy with it, we can close the sale in as little as a week.
Get started with a free, no-obligation cash offer today.
Read Our Reviews
We’ve helped countless home-sellers make money off their dated, damaged, and abandoned properties in Chesapeake, Norfolk, Chester, Richmond, or Virginia Beach. However, you don’t have to take our word for it.
See what our satisfied clients have to say about us by checking out our reviews.