Can you imagine selling a car with broken tail lights? You won’t find a buyer easily.
You can expect similar challenges when you sell an Indiana home with code violations.
Code violations in South Bend or any other part of Indiana can reduce your property’s value for various reasons. Let’s start with repair and renovation costs.
Renovations and repairs are a must when your property isn’t up to code. If you sell your property, buyers would have to pay up to $15 to $60 per square foot, and the costs climb the larger the property is.
Realtor costs are another consideration. Commission rates in Indiana can be roughly 5.56% of your house’s sale value, eating further into your already low profits.
There’s also the potentially lengthy sale timeline. In Indiana, homes can remain on the market for as long as 20 days. This may seem like a short time, but it’s forever when you need money fast.
Fortunately, you can sell property fast, even with code violations, by accepting a cash offer.
What Are Code Violations?
In Indiana, buildings like houses must be constructed in a way that follows existing safety regulations. When your property doesn’t meet these regulations, it has code violations.
Code violations occur when something like improper plumbing, faulty smoke detectors, or structural issues aren’t at par with existing safety regulations.
When you fail to address these violations, not only will your property be non-compliant with building codes but will become unsafe as well.
Code Violations Affect Home Values
Several consequences can occur when you don’t address violations. Besides fines and penalties, non-compliance can reduce your property’s value significantly.
When your property has code violations, repairs and renovations are necessary to get it up to code. These can cost you thousands of dollars, so don’t expect to profit too much if you sell your property.
Also, because of the expenses that may be incurred from repairs, buyers will be hesitant to buy your home. Again, this can reduce your property’s market value and your potential profits.
Typical Code Violations and the Problems with Them
There are several kinds of building code violations, but for many Indiana properties, the following are the most common:
- Electrical Issues: Electrical issues like improper wiring and overloaded circuits can become fire hazards when left unaddressed.
- Plumbing Violations: Improper drainage and non-compliant piping can become safety hazards as they can lead to water contamination and mold growth.
- Structural Problems: Structural issues like foundation problems are safety hazards that can cause any property to collapse.
- Building Access Violations: Non-compliant ramps can make your property unsafe to enter and exit.
- Lack of Ventilation: With poor ventilation comes moisture buildup, mold growth, and carbon monoxide buildup, which can lead to health issues.
Can You Sell Your House for Cash with Code Violations?
When you’re selling your property, and it has code violations, a traditional home sale may not be the best option. Instead, get a cash offer for your South Bend, IN, home.
When you sell your home for cash, you can sell it as-is. As a result, no repairs will be necessary, and you can make more out of the sale.
Here’s the best part:
Because you’re selling to a cash buyer, the sale is direct, meaning you can sell your South Bend house and get paid in as little as a week.
We Buy Properties As-Is
At Bright Future Home Buyers, we buy houses in any condition.
Whether your property has a code violation or needs extensive repairs, we’ll buy it from you even if it has the following issues:
- Hoarder homes: You won’t need to clear out years of accumulated possessions. We’ll buy your hoarder home, clutter and all.
- Foundation cracks: Don’t let structural issues deter you from selling. We assess and buy homes even with foundation problems.
- Bad rental property tenants: Are you struggling with problematic renters? We’ll buy your rental property, so you can move on stress-free.
- Abandoned properties: If you’ve inherited or own a neglected property, we’re interested in buying it from you.
- Fixer-uppers: Those homes needing a little TLC are right up our alley. We see the potential where others might not.
- Renovations gone wrong: Did your DIY project turn into a nightmare? We’ll purchase it, no questions asked.
- Code violations: Our team is well-versed in local regulations and is not deterred by properties that don’t meet current codes.
- Vacant land: Even if there’s no structure on your property, we’re still eager to buy it for a great value.
- Death estates: We offer a compassionate solution for handling the property sale with care and efficiency.
- Trash-filled homes: There’s no need to clean up because we’ll buy your South Bend property no matter how much trash is in it.
- Damaged homes: Whether it’s fire, water, or storm damage, we’re prepared to make an offer on your property.
- Rundown homes: Years of neglect won’t stop us from seeing your South Bend property’s value.
Get Freedom. Sell Your House for Cash!
At Bright Future Home Buyers, we commit to providing you with a fast and hassle-free home-selling experience.
When you contact us, we’ll immediately gather information about your property. From here, we’ll give you a fast, fair, and free no-obligation cash offer.
Get freedom and sell your South Bend house for cash.
Reach out and get your free cash offer today.
Read Our Reviews
With our cash offers, we’ve helped struggling property owners sell their properties fast. An overwhelming majority of them are satisfied with the values we offer and have been quick to give us rave reviews of our offers and fast approach to home buying.
You don’t have to take our word for it just because we buy houses in South Bend IN.
Just check out our countless reviews and see how we’ve made home-selling easy and profitable for South Bend, IN, property owners.