Code violations are like diseases of the body. Just like ailments affect our overall health, code violations can diminish the value of a property and make it more dangerous to live in. Unfortunately, addressing code violations can be expensive. You can try to sell the property to avoid costly repairs, but you may face additional challenges because most traditional buyers won’t want a property with issues.
At NH Home Buyers, we buy code violation homes to help make things easier for you. Why sell to a cash buyer? We’ve shared a blog post to help you understand the benefits of working with us.
How Code Violations Affect Values
One of the biggest impacts of existing code violations is how they can diminish the value of a property. In a study of 7,157 housing units, researchers found that unresolved code violations decrease property values by as much as 3.4% in the sales price. Even if you resolve these issues, you still end up shelling out a huge sum for the inspection, materials, and labor.
Typical Housing Code Violations in NH and What They Mean
Many New Hampshire homes have the following code violations.
- Electrical: These violations include wiring and outdated systems that no longer comply with modern standards.
- Environmental: Given how New Hampshire has old neighborhoods like Manchester, around 58% of homes built before 1978 still have lead paint. This is an example of environmental code violation.
- Plumbing: Plumbing violations include poorly installed water heaters and leaking pipes.
- Zoning Violations: These are code violations that happen when a property owner uses the home for purposes other than residential. One example is using your home to run a daycare or small business. Broadly, zoning violations can also pertain to the failure of a homeowner to maintain the property, such as letting grass grow too tall or failing to clean debris or trash.
- Building Code Violations: These are violations for features in your property that don’t comply with local, state, or national building codes. Lack of fire exits, insufficient egress, and narrow steps are a few examples of building code violations.
- Accessibility Violations: While residential properties don’t usually have to follow accessibility codes, landlords who own multifamily homes must ensure ADA compliance with their structures.
Get Freedom: Sell Your House for Cash
Selling a house with code violations in a traditional sale can be complex and lengthy, lasting longer than the 40-day on the market median of New Hampshire homes. When you engage with a cash buyer like us, you can expect a quicker resolution and closing period. A transaction can close in as quick as seven days. You can finally rid yourself of the burden and gain freedom.
What Types of Homes Are As-is Condition?
NH Home Buyers buys your property regardless of its current state. Apart from homes with code violations, we make cash offers for houses with the following issues.
- Needs Repairs: We won’t require you to make extensive and costly repairs before buying the property.
- Trash-filled: Leave the cleanup to us so you can move on to a cleaner home.
Renovations Gone Wrong: Instead of having to shell out money to fix a botched renovation project, sell the property to us.
- Bad Rental Property Tenants: For landlords who can’t seem to get rid of unruly tenants, one option is to sell the property to us.
- Damaged Homes: Even if your property has fire, termite, or water damage, we’ll still make a competitive cash offer.
- Fixer-uppers: Regardless of the extent of the repairs needed, count on us to buy your property.
- Hoarder Homes: Move on to a clutter-free home by selling this type of property to us.
- Death Estates: For those who inherited a property they don’t want to deal with, sell it to us and access the equity.
- Dirty or in Bad Shape: Even if the house is in bad condition, rely on us to proceed with the transaction.
- Cracked Foundations: We will still buy your property even if it has structural issues.
- Abandoned: Avoid paying penalties for neglected or abandoned homes by selling them to us.
- Vacant Land and Houses: To access the trapped equity of a vacant property, sell it to a cash buyer like us.
- Rundown Homes: Our team will buy ramshackle homes that no other buyer wants.
We Buy Properties Regardless of Your Life Situation
No matter the reason you’re selling the Manchester property, count on NH Home Buyers to proceed with the transaction and provide a smooth process.
- Avoiding Bankruptcy: Pay your outstanding debts with the equity from the home sale.
- Inherited Property: If you don’t have enough for property maintenance and taxes, sell the inherited property and get rid of the headache.
- Divorces: Selling the property can make asset division easier during this emotionally turbulent time.
- Downsizing: The proceeds from the home sale can be used to buy a smaller house for empty nesters.
- Job Loss: Use the equity from your property as a cushion while you’re in between jobs.
- Home Upgrades: Selling another property can give you extra funds for that much-needed upgrade in your main residence.
- Avoid Foreclosure: Don’t let foreclosure harm your credit score. Sell the property to us instead.
- Relocating for Work: You can use the home sale proceeds as additional funds during your move.
- Legal Issues: Facing legal issues? Cash out the check from the home sale to pay lawyers and other legal fees.
- Tired Landlords: Relieve yourself from the burden of rental property management by selling the home to us.
- Medical Problems: Extra funds from the property sale can help with medical treatments and other expenses.
Sell the Property to Us for Cash Quickly
You won’t need to address code violations and shell out cash. As your trusted cash buyer, we’ve made the process easy.
- Send information about your property on our form.
- We will evaluate the property and send a cash offer.
- Once you accept the cash offer, you can choose the closing date and cash out your check.
Want to learn the value of your property and gain more insight before making a decision? Get a free instant cash offer now!
Read Our Reviews
Over the years, our streamlined process has allowed us to gain many loyal customers in Manchester, NH. Read what they have to say and see why we remain a trusted cash home buyer.