Sell a House with Foundation Problems Fast, AS IS in Scranton PA

We’re the premier cash home buyer in Scranton and the surrounding areas. We’ve purchased a number of homes. Here are the benefits you get:

1. You sell quick
2. You sell for cash
3. You sell “AS IS”
4. No extra expenses
5. No endless showings
6. No waiting months for a buyer

There are several ways to sell a house with foundation issues in Scranton. One could take months, or even years, to sell.

The other closes in just 3-30 days from the time you sign the sales contract. Let’s explore the options:

The Easy Way:

1. Contact us, and we’ll come to the house and provide a no-obligation offer. If you accept, we’ll open escrow.
2. We’ll close the sale, and you’ll have your cash in 3-30 days. We close in a matter of days! We have the experience and expertise to move quickly to finalize the transaction.
3. We won’t have appraisers come to evaluate the house. We also won’t have you wait for lenders to fund a mortgage.
4. You can leave unwanted items in the house. Don’t even bother to clean it for us!
5. No realtors are involved, so you won’t pay an agent commission. We’ll also pay your closing costs.

The Hard Way:

1. Locate a real estate agent that has experience selling houses with foundation damage. This may take time since most agents avoid properties with this type of damage.
2. Complete the property disclosure listing the damage.
3. Market the house to potential buyers. This may include holding a number of open houses.
4. Wait for a buyer. This could take some time with a house that has foundation issues.
5. Negotiate a sales contract with the buyer.
6. Open escrow.
7. Allow the buyer to bring in professionals to inspect the home. This typically includes foundation specialists or contractors when a home has foundation issues.
8. Renegotiate the price after the buyer examines the home inspection reports. The buyer usually asks to reduce the selling price based on defective items found by the inspector.
9. Wait for the buyer to qualify for a home mortgage and for the property to appraise.
10. Wait while the buyer searches for a hazard insurance company that will cover a house with structural damage. Many will not write an insurance policy on such a property.
11. Sign the paperwork to close the sale and pay agent commissions and closing costs.
12. Clean out the house and turn over the keys to the new buyer.

Yes, under Pennsylvania law you absolutely must disclose foundation damage when selling a house in Scranton.

You also must disclose when selling a house with foundation repairs under the same Pennsylvania law.

Failure to disclose foundation damage or any repairs could result in civil penalties if the new owners discover you weren’t transparent about the problem.

If the damage is discovered before the house sale closes, your buyers could back out of the sales contract and have their earnest money returned without any penalty.

If you work with a real estate agent, and that agent is aware of the problem and doesn’t disclose it, the agent could also face penalties.

Those penalties for a Realtor might include a hearing where they may be fined or have their real estate license restricted.

Yes, selling a home with foundation problems in Scranton is difficult.

Most buyers don’t have the skills to repair foundation damage, and the cost to hire a professional to do the repairs can be significant, even for minor problems.

We have expertise in repairing foundation issues, so we’re not afraid of making a cash offer on a property with this problem.