A home takes a lot of wear and tear and at some point it may be time to say goodbye to the home as you know it. When your home passes the point of “fixing” it may be time to tear it down and build a new home in its place. So what do you do when you need to sell your “teardown” house?
The first step is to come to terms with the fact that your home must be torn down. This can be hard for some people. You may have lived in that home for years, or even generations. But, holding on to an old home can be dangerous. You can only make so many repairs, at some point it’s going to need to be torn down. But every ending has a beginning, sell your property to someone who wants to build a beautiful new home in its place.
When you’re ready to sell your teardown house, you may find it easier to find a buyer than you think. Because your home needs to be torn down selling it on the market is not going to be your best option, yet you may find that buyers will approach you first. Often times builders will send you postcards or letters asking to buy your home. You may have just tossed them in the past, but now it’s time you call that number. Builders are always on the lookout for teardown properties, especially if it’s in a great neighborhood. If you’re not getting postcards drive around your neighborhood and look for new construction homes in the area. They’re easy to spot because they’ll have the builders sign out in front. Give the builder a call and schedule a consultation. Selling to a builder is great because unlike a traditional buyer, builders can buy your home for cash and close quickly. And the best part… you don’t have to do any work, the buy the home as-is no matter how many problems it may have.
Take your time to find a couple builders and get more than one quote for your home. Although price is an important part of selling, make sure you sell to reputable builders. The builders should be licensed and registered with a Home Builders Association. See if your builders work with any non-profit organizations such as Habitat for Humanity. Some parts of your home such as cabinets, windows and doors can be donated if they’re still in good condition. Knowing that you’re selling to a reputable builder can make you feel a lot better about your decision.
Coming to terms with the fact that you need to sell your teardown house is never easy, but hopefully this article helps to make the process easier. If you live in the Raleigh-Durham area and are ready to sell your teardown house contact us for a free consultation. We’re always looking for properties in great locations and are ready to pay cash for your home. Not sure if your home qualifies as a “teardown”? Give us a call anyways, we buy all types of properties, even if we don’t plan on tearing them down.