What happens when you sell your house for cash and the property needs repairs?
Selling a house isn't always as simple as putting it on the market and waiting for a buyer. And contacting a home-buying company doesn't necessarily mean the process is as simple as getting an offer and closing right away.
What happens when your house needs major repairs? What if there's a foundation problem, an outdated roof, or other issues that could make it difficult to sell through a traditional listing?
We recently worked with a Virginia homeowner who found herself in exactly that situation.
The home needed attention, including a foundation repair that eventually became an important part of the buyer's financing process. What started as a straightforward plan became a more complicated transaction involving the seller, buyer, lender, title company, and us at Sell Simpli.
But the buyer didn’t walk away, and the deal didn't fall apart. Here's what happened and what other homeowners can learn from the experience.