If you’re looking to sell your house in Broward County, you might wonder whether a lien or code violation will stand in your way. The short answer is no, so long as you work with an experienced buyer like Homeinc. Here’s what you need to know about the process of working around liens and code violations so you can sell your house fast.
Will a Lien Stop Me From Selling My House?
A legitimate lien against your home’s title can undoubtedly complicate the selling process, especially if you’re trying to sell your home on the open market. However, when working with an experienced buyer with the necessary capital to clear up the liens, the process can be completed relatively quickly.
One of the most common types of liens is a tax lien. The federal or local government places a tax lien when you have past-due taxes and they are trying to collect. Liens from taxes (or any debt) can be incredibly stressful and make it harder to sell your home.
If you’re listing your house for sale in Broward County, FL, you probably won’t have to wait long for an offer. However, if you have a lien against your property, either you or the buyer must have enough money at the time of closing to pay that lien off in full.
Obviously, if you don’t have enough funds to pay off the lien, or if you were hoping to use the proceeds from the sale of your home to do so, the timing just won’t align for you. So instead, you should consider working with a cash buyer that can give you a fair offer and take care of the liens on your behalf.
Can I Sell My Home With a Code Violation?
Building codes are continuously revised to meet changing safety standards. For instance, many homes built before the 1980s were constructed using asbestos insulation, violating the current building code because it’s linked to health problems. Similarly, lead-based paint was used in homes up until 1978.
Over time, deterioration like loose planking on your deck or stairs can also lead to code violations. Anything considered hazardous to an inhabitant could peg you with a code violation. Unlike liens, you can’t simply pay them off.
If you list your home on the open market, code violations will stand in your way. They will significantly lower any offer you receive from a buyer that wants a move-in-ready home. In addition, all the violations discovered in the buyer’s home inspection must be remedied before the sale can move forward.
To remedy a code violation, you have to get quotes, find a trusted general contractor, and wait out the repair process. Of course, that means fronting the bill for your home’s repairs. But it also means you might be months out from even being able to list your home.
However, finding someone experienced in buying homes in Broward County may be a better remedy. They can legally take possession of the house, pay in cash, and take care of the code violations. As a result, you’ll walk away with money in hand sooner and no contractor headaches.
Advice for Selling Your Broward County Home
Liens and code violations can make the sales process more difficult, but only if you choose the wrong buyer. The question is, is it worth repairing your home and listing it on the open market? In most cases, sellers decide it isn’t. Here’s some advice for selling your Broward County home fast:
- Take note of all outstanding liens and code violations.
- Consider what it would cost to repair the code violations.
- Add up the cost of paying off any liens, including interest and penalties.
- Reach out to a real estate agent for their opinion/appraisal of the home.
- Get in touch with an experienced cash buyer to hear their offer.
You’ll be in a better position when you spend a little time gathering those numbers to ensure you get the most money for your property. That preparation also helps you avoid unnecessary stress and delays in dealing with code violations and liens on your own.
Ready to Sell Your House?
Even if you have liens or code violations against your property, that doesn’t mean you can’t sell your house fast. The key is working with an experienced buyer, such as Homeinc. Our team will work to resolve any outstanding liens or violations so that you don’t have to deal with the hassle. Moreover, we’ll make you a fast and fair cash offer for your property.
Interested in learning more about our process or getting a no-obligation cash offer for your home? Call or text Homeinc today at 888-850-2636 to find out how we can help you sell your house, even with a lien or code violation.