Selling rundown rental properties to a money buyer

They complete every step of the closing process in under two weeks.

As a landlord, I’ve encountered some entirely poor renters. When touring the properties and discussing the requirements, potential renters are always friendly, eager and polite. They say all of the right things. They assure me that they keep a neat and tidy home. They promise to mow the grass, change Heating as well as A/C filters and take proper care of all the appliances. Once they transport in, they become a problem. They not only neglect service but make constant demands for repairs and improvements. I had a renter call and complained that there was excessive dust floating in the air. I discovered that she had never cleaned the ceiling fan. Every time she turned it on, it spread contaminants into the breathing air. I’ve been called to replace light bulbs, clean aerators and plunge toilets. There have been dryer fires because the renter never cleaned the vent. I’ve also had renters refuse access to Heating as well as A/C workers, electricians and plumbers who are there to provide necessary service. If a loft gets to the point where it is no longer reclaimable for a sufficient investment of time and money, I sell to a money dwelling buyer. The luck of this alternative to a conventional sale is that there is no need for a dwelling inspection or repairs. Cash dwelling purchasers accept properties in as-is condition. They complete every step of the closing process in under two weeks. I could entirely get a higher sale price for the loft if I was willing to clean, paint and service everything, although I don’t want to take the time. I don’t want to deal with the stress of hiring contractors. I appreciate avoiding dwelling inspections, troubles with insurance and purchasers who are determined to haggle.

 

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