If you are like our most recent client holding a property that was vacant and uninhabitable, make sure you read this blog post all the way through to know the 3 things we accomplished for him in San Diego that allowed him to stop losing money and MOVE ON…
ReHouse LLC is proud to announce our serving the (now previous) owners of 341 Saywday Rd., Ramona, CA who were stuck holding an abandoned house that was far too deteriorated to rent out and they found themselves in a situation where they still had to pay various bills. They were relieved to find out about the ReHouse purchase program called MOVE ON developed to allow property owners a quick, reliable way to sell a house without bank involvement, eliminating the need to pass a lender’s property inspections and appraisals.
The owner reached out to us at (619) 356-0238. We hopped on a quick 3 minute call to receive basic information. We inspected their property the same day. We made them an all cash, as is offer within 4 short hours and were in escrow shortly there after. They closed on their sale in 7 days and didn’t have to do a single repair.
When a property becomes uninhabitable, it can be a significant financial burden to a property owner. Houses take a lot of work to maintain, keep clean, and keep up-to-date. If the property needs a full rehabilitation the costs can be too much to bear. What happens if you don’t have the money and your property sits vacant? If you’re thinking about selling your uninhabitable house, or if you are still exploring your options, here are 3 things we just helped our client in San Diego County accomplish:
Stop Paying Taxes (and/or mortgage) Now — Tip #1
Perhaps the most important thing to do is to stop the financial bleeding. It doesn’t take long to discover that taxes still keep accruing even though you’re not receiving rent or able to use the house. Utilizing purchase programs that close in as little as 7 days offered by Rehouse LLC and liquidating the asset saves on these unrecoverable expenses.
Eliminate Fines and Penalties — Tip #2
Chances are, you’re too far away to know what’s happening with the property. You might have the city or county requiring you to – among other things – secure doors and windows, maintain landscaping, clear debris and erect barriers to discourage illegal littering. When this happens, you’ll find out that the government office only has so much patience before assessing fines and penalties. The best way to avoid these unwanted fines is to either pay for ongoing maintenance and present an acceptable vacant house or eliminate the unrecoverable expense altogether and liquidate the asset sooner rather than later.
Don’t Pay For A Single Repair — Tip #3
Last, you are probably all too familiar with traditional buyers expectations of purchasing a new house. If you have a house that is uninhabitable you would need to do the many repairs that are necessary to not only get it inhabitable, but make it look desirable to a new buyer. Repairs including new roof, flooring, electrical, plumbing, cabinetry and countertops, lighting, HVAC, landscaping and god forbid potential foundation work can cost tens of thousands of dollars. This is not considering the time to pick out materials and finishings or managing the contractors to show up and finish in a timely manner. Using the ReHouse proprietary purchase programs eliminates bank involvement so we can complete your purchase AS IS even when the house is uninhabitable allowing you to sell without lifting a finger or affording any expense.
When you originally purchased your property you probably had a productive use for it in mind, when it is no longer productive and becomes a liability it usually makes good sense to liquidate it AS IS and allow yourself to save the accruing expenses and to move on and focus on productive areas of life. So you’ve just read 3 things we accomplished for another vacant homeowner in San Diego, it could make sense to research what the ReHouse purchase programs can do for you.
Wondering how to sell your house quickly and easily without any hassle or dealing with an agent? That’s where we can help. We are professional house buyers and we’ll make you a no-obligation cash offer for your house. Click here to enter your information or call our office at (619)356-0238 to learn more.