Selling a Home in Lebanon with Foundation Issues

One of the biggest concerns of purchasing a home is that the home is safe and there are no major structural issues. If you were to ask someone the most horrible issue they could imagine being wrong with a house most of the time you would probably get the answer, “something wrong with the foundation.”

So, if you have discovered foundation issues in your Lebanon home and are planning to sell it, what can you do?

Make Sure You Consult with a Professional

If you suspect that your Lebanon home could have some foundation issues because you are seeing concerning signs, it is best to know exactly what is going on in your home by getting an expert opinion.

You want to make sure you call the correct professional. Don’t just call any contractor. You need a specialist in structural issues to truly determine if there is a problem. You want to find a structural engineer. They are experts in knowing the signs of foundation problems and in discovering what the signs truly reveal about the condition of your home.

A crack or settling can be a sign of foundation issues but it is not always a true sign. You want to ensure that the concerning signs you see are truly signs of an issue.

Decide What to Do About The Foundation Issues

After consulting with a professional, if there are foundational issues it is time to decide what you are going to do about them moving forward. Will you make the necessary repairs or will you sell the home as-is?

How Much Do Foundation Repairs Cost?

The average foundation repair bill costs around $5,000. This cost can vary greatly however depending upon the specific factors of the repair. Small foundation issues can start at around $2,000 which is still a significant sum. Major structural issues can cost tens of thousands of dollars.

How to Decide if You Should Repair or Sell

It can be a tough decision to make as to whether you should make the foundation repairs to your home before listing it for sale. Smaller repairs may be worth the investment and the ability to sell your home traditionally in the real estate market. While other repairs are best left to the next home buyer. This is especially true if you are unable to afford the repairs and it would cost way more to repair the home than you would make in profit from the sale if you do fix the home.

Can You Sell a Lebanon Home with Foundation Issues?

The answer to this question is yes. You can sell a home with any issue including foundation issues as long as you disclose the problem. Selling the home traditionally can present more challenges as it can be difficult for buyers planning to mortgage their purchase to obtain a home loan. Many lenders tend to shy away from major safety issues when determining if they will lend money for a home purchase.

It can be hard to find a buyer who will make a fair offer on the home and be able to finance their offer. Another option for selling is to sell as-is to a cash home buyer. A cash buyer does not need permission from someone else to make the home purchase. And a reputable home buyer will make a fair offer that could end up saving you money versus selling traditionally.

If you have a home with structural concerns and are thinking about the possibility of selling, contact us. If your home meets our buying criteria, we will make you an all-cash offer in writing. We will not pressure you to take the offer and will encourage you to read all the details. If you accept our offer you get to pick the closing date. You could sell a Lebanon home in seven days.

“Offer PA is a real estate solutions company based out of Boiling Springs.  We’re a family-owned business and focus on helping homeowners like you find solutions for your problem whether you’re going through a foreclosure, can’t sell your property, or just need to sell their house for all kinds of reasons.”–OfferPA About Page

Contact us to start the process of selling your home with as little hassle as possible.