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We buy fixer-uppers “as-is”. We renovate handyman homes that need work, rehab, updates, and remodeling.
FAIR and FAST cash offers.
So you need to sell your home, but it’s in less than stellar shape. Looking around at the homes currently on the market, it may feel like you have no options. If your home is an eyesore, and you’re staring down a list of needed repairs a mile long, you may be wondering how on earth you’re supposed to afford all of this.
We are here to help…We often help people who say: “I need to sell my home but it needs so much work and I don’t have the money or time to deal with it.” Does it have mold? Fire damage? Water or Storm or Flood damage? Is my house a tear-down house?
Selling a house in good condition can be a challenge in today’s market, but when your house is in poor condition, it can sit on the market for months without an offer. A house requires constant upkeep and maintenance to keep it in top condition. This isn’t an easy task with your busy life and tough economic times. Houses that haven’t been updated in years often need lots of work.
Ocean State buyer Investors only look for the potential of a house. The benefit to you is that you can sell your house to us in as-is condition, meaning that you will not have to make any repairs or do any cleaning! Plus, unlike typical house buyers that have to rely on a conventional mortgage company to approve their loan, we buy houses using cash. That means working with us you can rest easy knowing that your house is sold!
If your house is falling apart, you may be realistically looking at tens of thousands of dollars (or more) in repair work to get the house sale-ready.
Do those numbers make you queasy? You’re not alone. Looking at the hard facts, you may think it’s going to be impossible to sell a home that’s in disrepair. But it’s not!
Even if you don’t have the kind of time or money it would take to update your home, you still have options. The bottom line is this: Even if you can’t afford to fix up your house, you can still sell it to a Ocean State buyer Homes investor.
The options available to you depend largely on how you and your spouse handle your divorce. In virtually every case, it is in a couple’s best interests to reach a settlement on the division of property before it becomes a matter for the courts. This is particularly true of houses and other types of real estate, as they are usually among a couple’s most valuable assets. Once a judge rules on the division of property, you and your former spouse will have considerably less control over what becomes of your home.
In general, there are three basic options available to divorced couples with regard to their homes:
They can sell the home – This may be the optimal solution for any number of reasons, the most basic of which is that neither spouse wants to keep the home or that neither spouse can afford to keep the home.
One spouse can “buy out” the other – If one spouse wishes to keep the house, he or she may be able to negotiate a plan to purchase the other’s share. In such cases, the spouse who wishes to keep the home often has to take out a new mortgage, which adds an element of risk to the transaction.
The couple can continue to “co-own” the home – This option is often chosen by couples who have children whom they do not want to uproot from their homes. The success of post-divorce co-ownership depends on several factors, including:
There is a mutual understanding that the full amount of the mortgage on the house will appear on both spouses' credit reports. If the spouse covering the mortgage falls behind in making payments or allows the home to go into foreclosure, both credit reports will be affected equally.
Both spouses understand that they are essentially entering into a new business relationship rather than extended the former family relationship. All agreements between the two parties, such as the agreement of one spouse to make payments to the other toward the eventual sole ownership of the home, should be commemorated in writing.
Each spouse is prepared to accept that his or her financial future will continue to be affected by the decisions of the other, particularly those directly involving the property, for as long as they co-own the home.
Selling real estate is a big decision. When a house needs repairs, you have two options: fix it yourself or sell to someone who will.
Here are some extreme house situations we can help with!
A house fire is a life-altering event. The National Fire Protection Association estimates that there are 350,000-400,000 house fires occur every year totaling over $6 billion in damages. It’s hard to know what to do when you find yourself with a fire damaged house. Further, it’s hard to even imagine the costs associated with repairing your home and even harder to imagine the struggle of selling a house after it has been damaged.
You have options when it comes to selling a fire damaged house and a Ocean State Buyers can help
Hoarder houses are hazardous since they pose a threat to not only the homeowners, but also to the neighboring communities. Incidents of fires may quickly spread and harm fellow homeowners. The dangers are even more heightened to resident in the hoarder house – as there will be blocks of exists and damages/poorly functions alarms. Cluttered spaces are also rife to the threat of vermin and bacteria that may cause an assortment of illnesses to those living in hoarded homes.
Selling a hoarder house is a solution to resolve the problem. Let Ocean State Buyers help today.
Foundation issues that are not repaired quickly can lead to irreparable damage, as well as structures that are unsafe. Even though the signs of a broken foundation may seem relatively minor, foundation repair can actually cost tens of thousands of dollars.
The longer you wait, the worse the damage can get and the more costly it is to repair. Foundation repairs can scare off potential buyers, and rarely will a lender allow for financing when there are major repairs to be done. Many sellers report that foundation repair costs are the number one factor that prevents them from selling their home.
Most home buyers are terrified of purchasing a home once they learn that is has a structural or foundation issue. The Ocean State Buyers goal is to help get you out from under the property that you no longer want or need, structural issues or not, while still making a fair cash offer for your house.
The housing market in the US is going through an interesting phase. Cities are plagued by abandoned properties. People are neglecting already existing structures. If you’re abandoned house isn’t sitting vacant and not monitoring, now may be the right time to move on it from. Selling is a great option and Ocean State Buyers can help!
Does your house need major improvements? Stressed about how to pay for renovations? Repairing properties that need work is expensive. Roofs, HVACs, and electrical projects add up to tens of thousands of dollars. The “uglier” the house, the higher the bills. If you have a fixer-upper, you need a lot of money. Ocean State Buyers can buy your home fast for cash and in As-Is condition.
We understand that not every home sale will be a cash transaction. For those seeking alternative selling methods or more traditional real estate services, our sister company, Anchored Oak Realty, is readily available to assist. With their expertise and commitment to excellence, you can be assured of a seamless experience tailored to your specific needs!
Disclaimer: We want to emphasize that we are not legal professionals. The content on our website and our responses to your inquiries are intended for general informational purposes only and should not be construed as legal advice. It’s important to consult with qualified legal experts for advice tailored to your individual circumstances. Any actions taken based on the information provided are at your own discretion and risk. We do not assume any responsibility for the accuracy, completeness, or applicability of the information presented.