Foundation problems are a big deal when you sell your property on MLS (Multiple Listing Services). If you don’t fix it in time, you will have trouble selling it for the right amount. Identifying potential problems early on, so you can fix them quickly, will help you avoid spending more on serious problems.
Expert Advice on Selling a Dallas Home with Foundation Problems
Many factors can affect the value of your home. One important factor is your house’s foundation. Since it is the base of the house, it must be stable enough to preserve the structural integrity of everything built on top of it.
Foundation problems are common in Dallas, Texas, because of the soil conditions. The commonly found expansive clay soils cause constant shifting, and foundation problems can be expensive to repair and MUST be fixed to sell on the MLS.
Are you one of the homeowners facing the dilemma of whether to repair the foundation problems before listing your property on the MLS? Well if you are, you came to the right place.
In this article, we will provide three options on how to sell a house in Dallas with foundation problems.
1) Repair the Foundation and Sell it on the MLS
Conducting a foundation inspection is crucial because it helps determine the current state of your property. Real estate experts recommend having the foundation problems repaired before you list it on the MLS. Making sure that your house is in tip-top shape will result in a quick and good deal.
Trusted foundation contractors in Dallas should tell you during the first inspection whether your property needs repairs or not. These repairs can quickly become a hassle with the wrong contractor. Find a company that is efficient, fair, and focused on finding the solution that suits the unique requirements of your situation.
The specific foundation repair methods depend upon the following factors:
- the overall condition of the structure
- style and age of the foundation
- the goals of the property owner
- the soil conditions
To prevent small foundation issues (leaks or tiny cracks) from becoming a significant problem, we recommend a thorough evaluation.
2) Don’t Repair the Foundation and Try to Sell it on the MLS (BAD IDEA)
We do not recommend putting your house on the market without repairing the foundation problems. You will be forced to lower your home’s value if you choose to leave the repairs to the buyer. However, if you still want to go with this option, you must keep in mind that you are obligated to let the buyer know about it. Failure to disclose foundation problems can result in legal issues, which can cause a significant expense and inconvenience on your side.
Also, make sure that you are aware of the foundation problems of your property so you can make smart decisions.
3) Sell Your House As-Is to a Cash-for-Homes Company
The best way to sell a home with foundation problems (if you don’t want to fix them) might be to hire a knowledgeable and experienced cash-for-home company in the Dallas-Fort-Worth area. Do you have a home with leaks, cracks, or any foundation problem? Worry-no more! These companies take care of it all if you sell it to them for cash.
They buy homes for cash and in “as-is” conditions. This means you do not need to clean or do renovations/repairs before selling your property to them.
Their offers are based on how much money they need to put into your house to repair it and get it up to the standard to sell. So, they will pay cash and take the home as-is on whatever timeline you need. However, keep in mind that you are not going to get the same price for selling your home in perfect condition through a realtor.
Not Sure How to Sell a House with Foundation Problems? Hire a Dallas Expert!
If you do not want to face difficulty in selling your home, you must not ignore the foundation problems of your home. Work with a reliable foundation repair company that will provide you with options on how to sell a house with foundation problems.
Look for the most reliable foundation contractors in Dallas.
Article written by Simple House Solutions LLC, a cash-for-home company in the Dallas-Fort-Worth area.