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Selling My Home With Structural Damage In Ocala Florida

by | Apr 22, 2022

Selling My Home With Structural Damage In Ocala Florida

If you’re like the average person, the biggest investment you’ll have ever made in your life is your home. You spend years working hard to pay for the down payment and mortgage, decorate it with beautiful furniture, and fill it with wonderful memories. So, what happens then if your home gets damaged?

Apart from the emotional stress this may cause you, there’s also, of course, the financial stress. As your biggest investment, it’s understandably difficult to let your home go.
It goes without saying that you won’t be able to get back the entirety of your investment, but it is possible to earn back even a little.

Here’s how you can sell your home as-is in Florida.

Fix it up

If the damage isn’t anything major, you can try to do some repairs before selling it. A fresh coat of paint, new doors, windows, and sidings, and new flooring all do wonders to even the oldest of homes. Apart from helping you attract more buyers, it can also help add a few more dollars to your selling price.

Create an honest listing

For more serious issues, like structural or electrical repairs, fire and smoke damage, and water damage, if you don’t have the money to address these before selling, you can still sell your home as-is. You just need to make sure you inform all prospective buyers of these issues during the selling process.

According to property disclosure laws in Ocala, Florida, sellers are required to disclose any facts or conditions of the home which have a substantial impact on the home’s value or desirability and may not be immediately noticed. These include:

  • The presence of naturally occurring radon gas and the dangers about it
  • Potential for erosion if the property is coastal as well as the possibility of it being subject to regulations surrounding construction, rigid coastal protection structures, beach nourishment, and the protection of marine turtles
  • Condo or homeowner’s association memberships (if applicable), how much it costs, and documents the new homeowner must submit
  • A property tax summary that states that a buyer cannot assume that the amount of property taxes you are currently paying will be the same after the sale, and that any changes done to the home can lead to a reassessment

Lower the selling price

Not a lot of buyers are keen on purchasing properties that require a lot of renovations. In order to attract and hook more of them in, you’ll need to set your home at a price which is lower than what it could have gone for. Try to estimate how much it would cost to repair all the damage and bring it up to code then deduct it from your initial selling price.

Sell to a professional home buyer

If you don’t have time to negotiate with prospective buyers, conduct repairs around the home, or have your home professionally appraised, then the easiest solution for you would be to sell the house as-is to professional home buyers. The main advantage here is saving time and money from having to have repairs done and you can also choose a closing date faster. This is all achievable by finding a cash home buyer in Ocala like K&K Property Ventures.

It also helps you avoid dealing with any potential buyers and spares you from any legal responsibilities. When you sell a home as-is to cash home buyers, they are more than happy to purchase it in whatever condition it may be.

The easiest way to secure a cash home buyer in Ocala is to go with a professional home buying company, like K&K Property Ventures.

We buy houses in Ocala in any condition even those that have been damaged by storms or have any structural faults. This is truly the quickest and easiest way to sell your home as you don’t have to worry about any repairs, appraisers, lenders, agents, commissions, or fees.

In just 3 easy steps, you can receive a cash offer in just 72 hours. Call us today and find out how much you can get for your home in Ocala!

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Sell your house fast with K&K Property Ventures regardless of the condition. No realtors, no hidden fees, no commissions & no repairs. Fill out the short form below to find out how much we can offer for your home today!