You’d love to sell your home and move on to greener pastures, but there’s one big problem: Your roof has a leak. Maybe the leak developed slowly over time, or perhaps it cropped up due to one of Memphis’s intense seasonal storms. Whatever the case, you’re wondering, “Can I sell my house fast in Memphis without fixing the roof, or will I need to make repairs first?”
Can you sell a house with a leaking roof? Learn the answer below.
Is It Possible To Sell a House With a Leaky Roof?
You can sell a house with a leaking roof, but it won’t be easy. You’ll have to meet disclosure requirements by telling the buyer exactly what’s wrong with the roof. In many cases, buyers will walk away. Most buyers are not looking for a project; they want a move-in-ready house.
If you don’t disclose the leaky roof, your lack of transparency can land you in legal hot water after the sale. The buyer may figure out that you must have known about the roof before selling the property; if they can prove that fact, they may be able to sue you for damages.
Additionally, you’ll probably sell the house for less than you would have if you’d paid to fix the roof. If the repairs needed are minor, you might be better off making them before putting your home on the market.
Selling Your House the Traditional Way
Can you sell a house with a leaking roof? Yes, and there are two ways to do so. The first is to sell your home on the open market.
Before putting the house on the market, purchase a home inspection aimed at finding roof leaks. This will let you know exactly what’s wrong with the roof, and you can decide whether you want to make repairs or sell as-is.
If you choose to sell as-is, it’s best to share any home inspection issues with potential buyers. This way, buyers know what they’re getting into should they buy your property.
Note that it can take longer to find a buyer if you don’t opt to make repairs. To make your home more enticing, you’ll need to play up its strengths in the real estate listing. Try advertising your house as an exciting project for DIY types. If your house has interesting features or is located in a desirable neighborhood, share those perks, too.
Selling Your House to Cash Home Buyers in an As-Is Property Sale
If you want the best price for your house but don’t have the time or money to invest in roof repairs, selling to a cash buyer is your best bet. By selling a house for cash, you won’t have to clean the house, worry about roof repair costs, or deal with frustrating buyer negotiations. Instead, you’ll get fast cash and can walk away from the house in just a few days.
Can you sell a house with a leaking roof? Yes, and Alan with Pyramid Properties makes it easy. Call (901) 504-5555 to get an offer today.