We Buy Bad Investment Homes in Manchester, NH

Have you invested in a bad home? Doing so can feel like trading in your grandfather clock for a sundial.

Spending thousands of dollars on a home with hidden defects like structural issues isn’t just a bad investment. Problems like foundation cracks and plumbing issues can pose safety hazards, leaving residents at risk.

If you’ve bought a home in a lousy neighborhood, selling it can also feel like an uphill climb, especially if you’re paying a realtor almost 6% of your property’s value. When you have noisy neighbors or your property is next to a party house, expect it to stay on the market longer than a month.

Fortunately, as long as your Manchester, NH, or Northern MA property stands, it’s never too late to sell it for cash. By selling to a cash buyer, you can look forward to a fast and potentially profitable sale even if you don’t make repairs to your home.

Sometimes, Real Estate Investing Doesn’t Turn a Profit

We’ve all been told that real estate investment is “safe.” Unfortunately, there are bound to be risks involved, as with any other form of investing. Worse yet, it’s possible to make bad investments, and when you do, you’ll be losing money instead of profiting.

So, what does a bad real estate investment look like? Here are some scenarios.

One Made During an Economic Downturn

It doesn’t matter if you can buy the best property in a prime location. Any downturn can cause interest rates to skyrocket, and when this occurs, expect fewer prospective buyers while you pay out of pocket to maintain and stage the property.

Financing Issues

The higher the interest rates, the higher your mortgage becomes. This is bad news if you’ve invested in a property using a mortgage and selling it can be less favorable unless you list it for less than what you bought it for.

Hidden Problems

Not every problem with a property will be visible. Sometimes, a property you’ve bought can have unseen issues like storm or floor joist damage. These problems can make a home unsafe and can jeopardize its value.

If the property you’ve bought has outstanding taxes, you won’t be able to sell it immediately. To get the best value for it, you’ll have to settle any obligations with local government authorities, which can involve more out-of-pocket expenses.

Repair Costs

After discovering signs of damage, you’ll have to fix your property before selling it. Unfortunately, repairs typically cost anywhere from 1% to 4% of your home’s value. These percentages may not seem like much, but when you factor in closing costs, you may not see much profit from selling your Manchester or North MA home.

Rising Property Taxes

Over time, property taxes can go up. When they do, owning an investment property can be more of a liability, especially if you haven’t found a willing buyer. Even if you’re getting rent, rising taxes can eat into your yearly profits.

Deteriorations in Your Property’s Location

You may have bought your property in a prime location, but what happens when the neighborhood deteriorates? Your investment may be worth less.

Location is a key driver of property value. As your area’s condition worsens over time, properties within it may decrease in value.

We Help You Get Cash for a Poor Investment Property

What do you do when your investment turns out to be a bad one? Sometimes, it’s best to cut your losses and sell it.

While selling through a realtor can be an option, be aware. Commissions will cost you thousands of dollars, and so can closing and repair expenses.

Luckily, there’s an alternative — sell your bad investment to us for cash.

At NH Home Buyers, we buy homes in any condition.

Get a free cash offer today, and make great money off a bad investment.

 

What Homes Are “As-Is?”

We mean it when we say we’ll buy your investment property as-is. But if you’re wondering what falls under our “as-is” definition, we’re here to help.

Find out how much your property is worth even if it has the following problems in Manchester and Northern MA:

• Code Violations: If your property has lingering code issues, we’ll take it off your hands, and no repairs are needed.
• Needs Repairs: Major or minor issues won’t stop us from buying. We’ll buy your property even if it needs repairs.
• Trash-Filled: Sell your property even if it’s filled with years of clutter.
• Renovations Gone Wrong: Even if a project didn’t turn out as planned, we’re ready to make an offer.
• Bad Rental Property Tenants: Take the burden of landlord responsibilities off your shoulders with a quick cash sale.
• Damaged Homes: From storm damage to years of wear and tear, we’ll buy your damaged home as-is.
• Fixer-Uppers: Does your home need a lot of work? We’ll still make a fair cash offer.
• Hoarder Homes: We at NH Home Buyers understand the challenges with hoarder homes and are ready to buy as-is — mess and all.
• Death Estates: We offer a straightforward cash solution for estates.
• Dirty & In Bad Shape: If your house isn’t in tip-top shape, that’s okay. We buy properties in any condition.
• Cracked Foundations: Structural issues like foundation cracks won’t stop us from offering great value for your home.
• Abandoned Properties: If you’re dealing with a vacant property, we’re here to help you sell quickly.
• Vacant Land and Houses: Whether it’s land or a vacant home, we’ll provide a simple cash solution.
• Rundown Homes: Old, rundown properties are no problem. We’re interested no matter the age or condition.

We Buy Houses in Any Condition and Life Situation

No matter what life throws at you, we’re here to help you with our fair, free, and fast cash offers. Get an offer today if you’re dealing with any of the following life situations:

• Avoiding Bankruptcy: If you’re facing financial challenges, we offer a fast cash sale to help you avoid bankruptcy.
• Inherited Property: Don’t stress out if you’ve inherited a home you don’t need. We’ll simplify the process by buying it directly from you.
• Divorces: When life changes fast, we make it easy to sell your house swiftly and move forward.
• Downsizing: Are you ready to downsize? We provide a hassle-free way to sell your home without the need for renovations.
• Job Loss: In tough times, we’re here to buy your home quickly, helping ease financial pressure.
• Home Upgrades: If your home needs upgrades you’d rather not invest in, we’re ready to buy as-is.
• Avoid Foreclosure: We help homeowners avoid foreclosure by providing a fair and fast cash offer for a quick sale.
• Relocating for Work: Whether you’re moving for school or work, sell your home to us so that you can relocate without delays.
• Legal Issues: We offer a direct cash solution that can help you pay for legal expenses.
• Tired Landlords: If you’re exhausted from managing a rental property, we’re here to buy it from you.
• Medical Problems: Are you struggling with medical expenses or changes? We’ll help you sell quickly so you can focus on what matters.

Get Freedom. Sell Your House for Cash

Selling your house for cash enables you to get more out of a bad investment. With what you make from the sale, you can reinvest in more lucrative properties or other ventures that you feel deserve a place in your portfolio.

Get a free cash offer today to determine how much your property is worth.

Sell to Us for Cash Quickly

Selling your property for cash has never been simpler when you choose NH Home Buyers. With just a cash offer request, you’ll immediately find out how much your home is worth.

Once you’re happy with our offer, we can close on your property’s sale in just a few days because we buy houses Manchester NH.

Read Our Reviews

Countless New Hampshire and Northern MA home sellers have been quick to praise us for our competitive offers and fast home-buying process. See what they have to say by checking out our reviews.