How to Sell a New Jersey House with Code Violations

Keying in “sell my house fast Passaic County” won’t help you sell your New Jersey house with code violations much, but what can help is our latest post.

There’s a certain point in time when a house stops being an asset and starts becoming a liability. This likely happens when the house becomes too old and too out of shape that it needs much more repairs than you can afford. Or at the very least, afford to be bothered with anyway.

When a house needs constant repairs, it becomes an incredibly stressful financial burden.

If you happen to have a house like that, then you’re not alone. There are multiple New Jersey houses for sale that are just as in bad shape as yours is. Some are in even worse shape, mostly because of years of neglect. And, while you probably can’t be bothered to repair it anymore, there are people who would pay good money for your disheveled property.

Selling It As It Is

You know what they say, one man’s trash is another man’s treasure.

Your old property might not look like much to you, but for others, it may just be their next home. Or, perhaps, they value the lot more than you do. Either way, the point is simple – you can try to sell your house as-is.

There are two ways that you can go about this. You can either list it on the MLS and ask for help with a local New Jersey agent, or, you can save yourself the time and trouble by selling it to a cash buyer, like an investment company.

Case in point, Cash Buyer New Jersey is a family-owned business based in New Jersey who will help take your problem house off of your hands and pay you a fair amount of money for your troubles.

Is It Still Worth Repairing?

Of course, if you do decide to repair the house, you could make a lot of money out of it. But, be careful, repairing a house doesn’t always mean that you’re going to get a return on your initial investment. You’re likely looking at a financial loss from an investment standpoint. Although, if you take into account the money you could’ve lost if you sold it as is and compare it to your potential gains if you made sure that it passed all the code violations, it is possible to make some profit out of it.

It’s a huge risk though. Repairing houses is not easy. Even when you enlist the help of the best contractor in New Jersey and get a competitive estimate, you’re still likely looking at spending over than 30% of the proposed budget. Not to mention, even after all of then repairs, it is possible that you won’t get a fair estimate of the final value of your property.

So, before you dive head first into repairing your house, make sure that you wear a helmet – and see to it that the end result is worth the investment!

Of course, you could always go the easy route; direct buyers like Cash Buyer New Jersey are looking at multiple houses for sale in Passaic NJ, and yours could be their next sale, regardless of how many code violations it may have.

 

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Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
YASMINA VASQUEZ
YASMINA VASQUEZ
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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