What to Do When Your Fixer-Upper Is in too Poor Condition to Sell It As Is and Fast in Austin TX?

austin costly repairs

Selling your home can be complicated, stressful, time consuming, and expensive – even if it’s not a house with problems. If you go the traditional route, your agent will likely ask you to make repairs or say that your fixer upper needs updating, before they will list it. If you just want to sell your run down home, consider the alternative – working with a home buying company of real estate investors who want to buy your home for cash, As Is, and fast. Austin Cash House Buyer has provided the best home buying services to Austin, TX for many years.

How We Help You

You Get Your Money ASAP

Traditional home sales can take up to a year to close, or longer. An older house, or a house that needs a lot of work or updating, will be a more difficult house to sell. Our real estate investors close home sales in 3 to 30 days, so you can sell your house fast.

We Have the Cash Ready

You need cash right now, and we can help! Austin Cash House Buyer is a real estate investor, and we’ll pay cash for your home. So you don’t need to wait and worry about getting approval from a mortgage company or bank. We trade cash for houses, as simple as that.

We Buy Fixer-Uppers In Any Condition

We buy even the ugliest houses one can imagine! It doesn’t matter if others think your property is a junk house that’s worth nothing. Don’t worry about making repairs to the place, updating the kitchen, or even painting your home. Don’t think you can’t sell your house As Is, because it’s severely damaged or outdated. We are a company that buys any houses in any condition!

Forget Ridiculous Fees

When you deal with us, the offer we’ll quote you is what you walk away with. You won’t find any last-minute surprises or hidden fees, commissions or any sneaky business here.

No Damage Is too Severe for Us

Water Damage and Toxic Mold Issues

A home, once it has been seriously flooded, will never again be as it was before. Being soaked destroys so many things in homes, like wooden floors, carpets, sheetrock, insulation, and more. Being flooded even briefly tends to leave a house in very poor condition, with long-term issues like mold hiding where it can’t be seen, and, if water stood on the property for a few days, worry about the structural integrity of the home.

Structural and Foundation Defects and Damage

Structural and foundation problems, even small ones, are rarely a minor affair. Foundation repairs are often extensive, and will require a significant investment – from a few thousand dollars to tens of thousands. And even after those repairs are completed, they may affect the home’s resale value. A house with a history of foundation repairs may be discouraging to potential buyers, and that will likely be reflected not only in the selling price, but also in the time you will spend looking for a buyer. In addition, many banks won’t loan money on a property with substantial foundation issues.

Termite Damage

A home with a termite history may be forever flawed in the eyes of buyers, even if the property has been treated and an inspection has turned up no signs of an ongoing issue. Termites cause structural damage, so after treatment, the floors, support beams, wall studs and roof supports would all need be closely inspected to ensure the home is entirely pest-free before repairs could be made.

Asbestos Tile, Siding and Other Components

An inexpensive insulating material with fire resistance, asbestos was for decades a popular choice for building materials, such as asbestos siding, but it’s also a deadly carcinogen. Now banned, in the past it has been used for ceiling and floor tiles, roofing and siding materials, insulation, glues and tapes, patching compounds and paints. Found in many older houses, these materials are virtually harmless much of the time. But when they’re damaged or in disrepair, or when they crumble, fibers are released into the air which can cause harm to lung tissue. Removing these materials must be undertaken by professionals.

Fire Destruction

Even a small fire in your Austin home can result in considerable damage. Furniture and appliances may need to be replaced, as well as walls and ceiling. Smoke damages everything it touches, as do the water and chemicals used to put out fires. And the home’s structure or roof may also be affected. Depending on the cause of the fire, additional work may need to be done as well to restore the damage. For example, if the cause was electrical, you will probably need to rewire your house or a part of it.

Questions and Answers

Before selling my fixer-upper, should I necessarily repair it?

Selling traditionally, with a real estate agent or FSBO, means making repairs or updating to attract buyers, because they usually don’t want a house with problems. That can take months and cost a lot of money, time and effort.

As an alternative, you can sell your home quickly to a real estate investor who will then deal with all the repairs on their own and then resell the house for a profit. They’ll take on all the risk and inconvenience while you get to take the cash and leave the troubles behind.

Can I be sued by the buyer years after selling my damaged home?

The seller’s responsibility after closing is limited, so it’s not at all likely that you would be sued after selling a house. So long as all known problems with the house were disclosed by the seller, there’s really no basis for a lawsuit. On the other hand, the seller can be sued for damages under more than one Texas statute, if they fail to disclose all known defects of the property in writing.

For how many years am I liable for the problems of my house after I sell it?

Texas has a four year statute of limitations on the home seller’s liability. That means the buyer has four years to file a complaint or civil suit and make claims for damages. This applies only when the seller failed to disclose a problem with the house. Typically, after the closing date, all issues of the property become the problem of the buyer.

What should the seller disclose to the buyer in the disclosure form during a real estate transaction in Austin, TX?

When selling a home in Austin, Texas law requires the buyer to declare known problems with the property. This is a place to mention structural or foundation defects or damages, if the house needs a new roof, damage caused by termites or the presence of asbestos-based building components. This is also the place to note whether the property is embroiled in a lawsuit of some kind. If the seller failed to disclose any problems with the house, the buyer has up to four years to bring a complaint to the court.

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