Selling Fire Damaged House: Get Top Value for Your Property Today

Colby Hager on January 3, 2025

Selling Fire Damaged House: Get Top Value for Your Property Today

It’s safe to say that selling a fire-damaged house in Texas can feel like a lot of work.

Whether you’re a homeowner who has recently undergone the trauma of dealing with a disastrous fire in your home or a real estate agent looking to sell a damaged property successfully, rest assured that there is a solution.

What to do With Your House With Fire Damage in Texas

Even if you’ve inherited the property or you’re a landlord looking to deal with an issue with your burned house, it can be a distressing time for everyone involved.

But the positive news is that there are many solutions available to you to ensure that your property is sold quickly and fairly.

This means that you won’t be stuck selling fire damaged properties, costing you time and money in the process!

We are experts in the market and with us, you can even get a fast, fair cash offer from Capstone Homebuyers when seeking fire-damaged house buyers in Texas.

Understanding Fire-Damaged Houses

Before you dive into the process of learning how to sell a fire-damaged house, you might want to gain more understanding about them.

Perhaps you’re even wondering what constitutes a fire-damaged house.

Here, you’ll find that any property that has experienced a fire would be classed as fire-damaged – even if you can’t see a lot of the physical damage.

Being Aware of Your Fire Damaged Property

You then need to make sure you know exactly what is going on with your fire damaged houses Texas.
This is because you can’t always be 100% sure of the extent of the damage itself.

You might find that there is very clear visible damage such as discoloration of the walls or ceilings and obvious damage to the structure of the property.

But it could also go beyond this! You may not know it, but there could be more damage hidden within the walls or damage to pipes and electrics.

There can also be water damage from the process of looking to extinguish the fire.

Health Issues of a Fire Incident

Not only will fire damage have issues with the structural integrity of the house, but there could also be issues to you and your family too.

Because of this, even staying in the property could lead to further hazards.

As a result, the value of the property and its marketability will be impacted.

Challenges of Selling a Fire-Damaged House

When it comes to selling the property, you are likely to face a range of challenges should you look to go down the traditional sales route using a real estate agent.

Initially, you will face a range of insurance and financial hurdles.

Issues Selling a Damaged House Texas

Not only is there likely to be a huge cost in order to make any repairs, but you’ll have insurance claims, code violations, and even liens to navigate too.

This can be a stressful and time-consuming process for you to go through.

To add to that, you may also be dealing with the stress and trauma of the experience itself.

Emotional and Financial Stress

You are losing your home due to accidental or unforeseen circumstances and it can put a lot of strain on you emotionally.
Then, when you come to sell the property in the open market, you will face a limited pool of buyers willing to purchase it.

If you’re thinking – I need to sell my fire-damaged house fast to avoid this – you’ve come to the right place.
We buy fire-damaged houses for a fair price using a thorough and simple process so that buyers are happy and are able to move forward with their lives.

Options for Selling a Fire-Damaged House in Texas

But first, let’s explore some of the key options you have for selling your fire-damaged home. It’s important for you to weigh up the options thoroughly to help you make the right decision for you and your family after a house fire.

Repairing and Renovating

Initially, you may be considering repairing your property to fix the damage before you sell it. However, there are some drawbacks to keep in mind here.

Yes, you are likely to get the highest price for your home here – but it will come at the cost of the initial repair investment. So, this could even work out more expensive in the long run.

It’s also important to bear in mind the time, cost, and effort that will need to go into this.

If you have to repair your foundation before selling your house and not just surface damage, it will be a much longer, costly process that could take months – or even longer!

Selling As-Is on the Open Market

You do also have the option to sell your home as it is on the open market. However, this could end up being a painful process.

Not only are you going to receive low offers (although they might fairly reflect the condition of the property as it is), you could find that it takes a long time.

There is unlikely to be as much interest in your house due to it needing significant repairs – some of which may not be as obvious to buyers.

This may make their offer even lower to ensure they are covered should issues arise!

Selling to a Cash Home Buyer

Finally, you can also consider selling your home for cash and there are many advantages to doing this.

You will receive an all cash payment, often with no stipulations – and you can sell quickly without having to invest any money in repairs upfront.

Here at Capstone Homebuyers, we buy fire-damaged houses for cash and provide you with a safe, reliable, reputable option.

We have worked with a range of happy families to provide them with a fair sale of their property and allow them to move on with their lives.

The Capstone Homebuyers Solution

At Capstone Homebuyers, we buy properties for cash in San Antonio, Texas. We’re experienced property experts and home buyers seeking properties in the local area.

Let us introduce you to the Capstone Homebuyers difference by outlining our process.

How We Work

First of all, you’ll reach out to us and we’ll have an initial consultation together. It’s important to us to understand your circumstances and discuss your situation.

Then we will carry out the property evaluation – we always believe this is best to be done in person in order to give you the best possible offer, regardless of the condition of your property.

You’ll then receive your no-obligation cash offer from us that will be fair and based on the estimated finished valuation of the renovated property, minus our expenses – no commission added!

Then all that’s left for you to do is choose your closing date and complete the sale.

Our Difference

With us, you’ll benefit from not having to pay any realtor fees, and no commission, and you gain our local expertise too!

Just take a look at some of our reviews and you’ll see how simple, easy, and stress-free our process is.

Legal Considerations in Texas

When selling your property in Texas, there are state laws that you’ll need to be mindful of. This can have an impact on the success of your sale and how seamless the process will be for you.

It’s even more pressing when selling a fire-damaged house in Texas, particularly if you choose to sell the house as-is in the state of Texas.

Legal Disclosures for Fire Damaged House

As you go to sell the property, there are certain disclosures that you will need to make.

In your situation, these relate specifically to the condition of the house as well as any insurance claims that you have made on the property.

This could become a deterrent for you in the long run, and prove to be time-consuming.

You will want to ensure that you are fully aware of any legal implications that may arise and possibly work with a lawyer should you choose to repair, renovate, or sell your fire-damaged house as-is in Texas.

A Smooth Process Selling a House with Fire Damage

Likewise, when it comes to selling the property, you’ll also want to ensure that the process is as smooth and pain-free as it can possibly be.

Because of this, you need to ensure that you’re avoiding scams and choosing reputable companies to sell to in order to get the best possible price for your home. This is where we can help you.

Tips for a Smooth Sale

In order for you to have the most positive sales process possible, it’s important to understand the best way to approach it.

Regardless as to whether you’re selling an inherited fire-damaged house or you’re looking to avoid foreclosure fire-damaged house, you’ll want this to go as seamlessly as possible.

Getting Insurance Claim Paperwork Together

This will always begin with your gathering important paperwork to support the sale.
If you have been in touch with your insurance company and made a claim, you’ll want to keep that to hand as Texas fire-damaged property buyers are like to want to see the details.

Being Honest

You’ll also want to be honest about the property’s condition, especially if you’re looking for fast cash for fire-damaged homes – buyers will want open and honest communication with you.

Get Legal Advice

However, you may also want to seek professional advice here. This can be a stressful and time-consuming process that feels quite heavy and emotional.

So in order to ensure it as seamless as it can be, there is always the option to speak to a real estate attorney to get any legal advice you may need.

Frequently Asked Questions

Do I need to repair the house before selling?
No, we’re cash buyers for fire-damaged houses in Texas and we purchase your property as-in. You won’t need to make any changes to the home – you won’t even need to clean it! You can sell your house with fire damage to us as a property as is.

How fast can I sell my fire-damaged house?
Are you wondering how to sell my fire-damaged house fast? Well, it’s all down to you! We can purchase your property from you as quickly as you like.

Can I choose my closing date?
With us at Capstone Homebuyers, you get to choose your closing date – so the process can be as fast as you want it to be.

Will I get a fair price?
Yes, 100% guaranteed! As a cash buyer, we believe in a fair process for our buyers. This is why we conduct in-person evaluations and provide you with your ‘after repair value’ price minus the cost of us doing the repair work. We will always give you a fair, best-price cash offer when you opt to sell as is.

Are there any fees or commissions?
No, we do not charge a fee or any sales commissions on our purchases! That means you get the fairest and best price cash offer for your property. So if you want to know how to sell a fire-damaged house in San Antonio, Texas today, just reach out to us and we’ll get the process started with you.

Selling Your Fire-Damaged House in Texas Today

As fire-damaged house buyers in Texas, we know exactly how daunting this process can be. We are experienced home buyers and have worked with many families in a similar position to what you are in now.

With us, you’ll get a fast, fair cash offer from Capstone Homebuyers to help you move on from the fire damage you have experienced.

We buy fire-damaged houses and have a wealth of experience with the paperwork and requirements that go into the sale of a house of this kind. If you’re ready to get started, all you have to do is contact Capstone Homebuyers today for a free, no-obligation cash offer.

Selling Your Damaged House Texas With Us: The Process

Feel free to fill out the contact form and we’ll be in touch with you as soon as possible or you can call us today at (210) 446-4686.

We can then get the process started with you to ensure that you’re able to sell your fire-damaged home fast and get the fairest price for your property.

Selling a House with Code Violations in Texas

Colby Hager on November 25, 2024

Selling a House with Code Violations in Texas

Code violations occur when a property fails to meet building standards for health, safety, or zoning. Texas institutes these laws to protect buyers, occupiers, and the public.

Unfortunately, selling a house with code violations in Texas can be challenging. It doesn’t make the house unsellable, but it often means you must fix issues before you sell your property to someone else.

That’s where Capstone Homebuyers can help. We buy properties in any condition, even those with major code violations. This way, you can get a decent selling price, bypassing real estate agents, with money in your pocket faster.

Understanding Code Violations in Texas

Texas building code violations fall into several categories. Some relate to safety concerns while others deal with zoning issues and property usage rights.

Common Types of Code Violations

The following are some common violations you may encounter when selling your property:

Structural Issues

Structural violations are at the top of the list for most homeowners. These relate to problems with your building’s roof, foundations, walls, boundaries, and landscaping.

For example, some buildings violate Texas rules because of roofing problems. Poorly installed asphalt shingles, leaks, or structural damage can constitute a code violation. Electrical code violations and plumbing issues can also fall into this category (such as using outdated pipes or wiring that is a fire hazard). If you’re dealing with foundation problems, you might find it hard to sell a house with foundation issues.

Zoning Violations

Zoning violations are another common code violation that can arise when selling a house in Texas. For example, your property could violate state building codes if you make illegal home additions, such as extra rooms, without the corresponding permits. You could also run into problems if:

You use your home for non-residential purposes (such as running a business).
Violate various setback requirements (by building a property too close to the road).

Minor code violations can often occur without you noticing. For example, over-occupancy could be an issue if there are too many tenants in the building or the fence height on your property might exceed that allowed by law.

Safety Hazards

Safety issues could also affect your property. Code violations may occur if you have exposed wiring, absent carbon monoxide detectors, or inadequate circuit breakers.

Abandoned House/Yard Overgrown

Finally, Texas building code violations sometimes apply if your home is abandoned or the yard is overgrown. For example, building code inspectors may take issue with unsecured structures with broken windows or doors. They may also cite pest infestation, trash accumulation, or abandoned vehicles as minor code violations.

How Code Violations Affect Property Value

Unfortunately, violating local building codes can hurt property values. Breaking the rules often reduces the price you can obtain for the home.

For example, code violations can have a significant effect on property marketability. You could find hiring a real estate agent to represent you difficult.

Legal consequences can also apply in some circumstances when selling a house with code violations in Texas. For example, solicitors may require you to include contract contingencies in your buyer agreements. These require you to fix code violations before selling; otherwise, the other party can walk away without penalties. Furthermore, you must usually disclose code violations when selling a house in Texas. Telling buyers about these can hamper the selling process and make it more challenging.

Potential buyers could also face financial issues if mortgage lenders are unwilling to finance a property with code violations due to perceived repair cost risks. Because of this, you may need to lower the selling price to enable more cash buyers to purchase your home.

Lastly, Texas will sometimes impose fines for selling a house with code violations. The code enforcement office could penalize you if you sell with known code violations.

Options for Selling a House with Code Violations

Of course, if you have a property with code violations, selling is still possible. It just requires adopting the right strategy.

Below, we list some options, describing their pros and cons, helping you decide if they are right for you.

Fixing the Violations Before Selling

One option is to fix code violations before selling. You can comply with local codes by dealing with any outstanding code violations, potentially smoothing the sale process. You can also sometimes increase the value of your property, making it more attractive to homebuyers and real estate investors. Resolving code violations like an overloaded electrical panel, improper bathroom venting, or misplaced smoke alarms is often quick and easy and doesn’t require major repairs. It also helps you deal quickly with any violation notice from the code enforcement officer, allowing you to ensure compliance.

However, these best-case scenarios don’t always apply. The time and cost of making repairs to comply with local codes are often substantial. While minor violations only require quick and simple fixes, major structural issues can cause estimated repair costs to balloon out of control. Making necessary repairs to sell a house is sometimes uneconomical, meaning complying with code issues sometimes isn’t worth it. Financial considerations often outweigh the benefits. If you’re debating whether to renovate or sell your house as-is, check out our guide on Renovations vs. Selling As-Is in San Antonio.

Selling As-Is to Traditional Buyers

Another approach is to go through the mandatory disclosure process and sell the property to conventional buyers as a code-violation house. This approach sometimes allows you to violate specific building codes that don’t pose significant safety risks.

For many sellers, this approach to dealing with code issues feels familiar. Even if your property has many code violations, you can still work with a conventional real estate agent and sell to a large buyer pool.

The upside of this method is the standardized process. Using estate agents allows you to sell a house in the usual way: professionals market your property for you, allowing you to get the most money possible, given its condition, even if it is a buyer’s market.

However, the downsides are the financial and compliance challenges. Many real estate agents will subject the house to inspections before listing it on their websites, and it may not meet their standards. Furthermore, investors and other buyers will almost always appraise and evaluate the home, using the results as leverage to ask for a lower price. Sometimes outdated electrical systems or HVAC violations heating your home could delay the sale or cause it to fall through, making this method of sale high-risk.

Selling to a Cash Home Buyer

The final option for selling a house with code violations is to sell it to a cash buyer. This approach often results in a quick sale process, allowing you to free up your capital in the property rapidly.

Certain code violations are hard to solve, and most potential buyers will ignore properties with them. Structural violations are the worst, followed by zoning issues and other potential code violations.

However, going to a cash buyer side-steps these issues. These professionals simply offer what the property is worth given its condition, helping you bypass issues relating to local government. Investors earn money by working with licensed contractors to make necessary repairs to the building and then selling it through additional channels.

If you have a home with significant code violations or simply don’t want the hassle of dealing with problems on your property, Capstone Homebuyers can help. With us, you can sell a house with code violations without making repairs or paying commissions/fees. We offer you a fair and straightforward quote for your home in cash, allowing you to sell it quickly. Whether you accept or not is entirely your choice. For more tips on selling to an investor, read our article on 5 Tips for Selling Your House to an Investor.

The Capstone Homebuyers Process

At Capstone Homebuyers, we’ve helped countless property owners with existing code violations sell their properties. Our approach is as simple as possible, providing you with a stress-free experience, without the need for a real estate agent.

Step-by-Step Guide

1. Contact Capstone Homebuyers

The first step is to contact Capstone Homebuyers and tell us about your property. We need to know the address, known code violations, and whether it is already on the market. Providing us with these details allows us to get started quickly.

2. Property Assessment

The next step is the property assessment. Here we compare local building codes to the state of your property to determine whether it is subject to any code violations. This process is similar to a conventional property inspection where the buyer’s agent looks around to determine the building’s condition.

Building codes are quite strict but often simple to comply with. A house with code violations doesn’t always require enormous investment to put it right.

3. Receive a Fair Cash Offer

Once Capstone Homebuyers finishes exploring local regulations and building codes, we make you a fair cash offer. The money we quote for your property reflects its underlying value and the cost of correcting code violations.

Sometimes, this cost is low and the quote we offer is high. However, more serious code violations require additional repair work and, therefore, our price will be lower.

4. Close on Your Timeline

Finally, you decide whether to close after receiving our cash offer. We aren’t pushy!

If you decide to close immediately, we can begin the necessary administration and transfer money to your account soon after. Alternatively, you can wait until you are ready to move out. We will still be here.

Another option is to fulfill various code requirements involved in the selling process and return to us. Then, we can provide you with a new quote, based on the work you do.

Benefits of Working with Us

The benefits of working with Capstone Homebuyers are extensive. We can help you navigate the process successfully, even if you are facing code enforcement action against you.

Here are some examples of how we help:

No repairs needed: When you come to us, you don’t need to do any work on your property before listing it on the real estate market. As a real estate investor, we understand the intrinsic value of properties and can always offer you a fair price, even if you are selling a house with common code violations.
No closing costs or commissions: The team at Capstone Homebuyers never applies costs or commissions. Instead, we make money by resolving common code violations and fulfilling code requirements before selling back to the market after buying from you. This approach means we don’t have to charge additional fees. The price we offer is the money you will receive for your home. It’s as simple as that.
Local expertise in Texas regulations: Finally, we have many years of experience as a real estate investor with housing code violations. We understand how they arise, what they mean, and why they violate local code requirements. This knowledge means we can help you, whether you want to bring your property up to code or simply sell as-is.

Frequently Asked Questions

Can I sell my house if it has an unresolved code violation?

Yes, you can sell your house even with unresolved issues. Addressing code violations is not necessary if you go to cash buyers like us. However, you may have to work on your property if you sell through conventional channels.

How fast can Capstone Homebuyers close the deal?

Capstone Homebuyers can close deals on properties in as few as five days, depending on your situation. Alternatively, you can pick a day to close that suits you.

Will I have to pay for any repairs because of building code violations?

No, you don’t have to pay for repairs when you come to Capstone Homebuyers—that’s our responsibility. We hire licensed contractors and other professionals to fix the property (if necessary) after completing the sale. As such, it is no longer your responsibility and you are free to use your money how you wish.

Conclusion

Ultimately, selling a house to Capstone Homebuyers is far easier than many homeowners imagine, even if you own a house with code violations. Our team assesses its true value and makes you a fair offer in cash. It’s as simple as that.

Do you want to sell a house with code violations? If so, speak to our team today for a no-obligation cash offer. Call to get started.

How to Sell Your House Online in San Antonio: A Guide to Selling to Direct Buyers

Colby Hager on August 12, 2024

How to Sell Your House Online in San Antonio: A Guide to Selling to Direct Buyers

Selling a house can be a big decision, and the process can feel overwhelming. In San Antonio, home sales are on the rise again after two years of declines. This rebound in the market presents a great opportunity for homeowners looking to sell.

One effective way to do this is by selling to a direct buyer online. This method offers convenience and speed, which can be especially appealing in a competitive market.

In this blog post, we will guide you through the steps on how to sell a house online in San Antonio. We’ll also highlight the benefits of selling to a local buyer directly, like Capstone Homebuyers.

Why Sell Your House Online in San Antonio to a Direct Buyer?

Online home selling in San Antonio has several advantages. First, it can save you a lot of time. Traditional home sales can take months, but selling directly online often leads to a quicker sale.

You also avoid many of the hassles that come with traditional sales, such as hosting open houses and dealing with multiple potential buyers.

The San Antonio real estate market is currently strong, as noted in the introduction, with increasing home values and high demand. This makes it a great time to sell. San Antonio home buyers are often very familiar with the market conditions and can offer competitive prices.

When comparing local direct buyers to national corporate buyers, local buyers tend to provide a more personalized service. They understand the nuances of the San Antonio market and can often offer better terms and faster closing times. National buyers may not have the same level of local expertise and might offer more generic, less competitive prices.

Step-by-Step Guide to Selling Your House Online in San Antonio to a Direct Buyer

Now, if you are looking for the best way to sell a house online in San Antonio, there are a number of steps to follow. Let’s break them down here.

Step 1: Preparing Your Home for Sale

First impressions matter, so, to attract direct buyers, your home needs to look its best. An important step is decluttering and cleaning your home thoroughly.

Professional photography is crucial. High-quality photos will make your online listing stand out. Many buyers make their decisions based on the pictures they see online, so investing in good photography can pay off.

Creating a virtual tour or video walkthrough is another great way to showcase your home. This allows potential buyers to get a feel for the property without having to visit in person, which can speed up the decision-making process.

Step 2: Choosing the Right Online Platform

Choosing the right online platform is essential for reaching the right buyers. Some popular real estate platforms include Zillow, Realtor.com, and Redfin. However, there are also platforms specifically designed for direct buyers, such as Opendoor and Offerpad.

If you’re planning to skip the hassle that often goes with selling a house, you can always choose Capstone Homebuyers. Our three-step process (more on that below) makes selling your home quick and easy.

Step 3: Setting the Right Price

Setting the right price is critical for attracting buyers and ensuring a quick sale. Look at San Antonio housing market trends to see what similar homes in your area are selling for. You can also use online tools or consult a real estate agent for a professional opinion.

Pricing your home competitively is important. If you set the price too high, your home may sit on the market for too long. If you price it too low, you might miss out on potential profits.

Step 4: Listing Your Home

Crafting an effective listing description is also key to attracting buyers. You should highlight the best features of your home, such as a renovated kitchen, a spacious backyard, or proximity to good schools.

Be sure to include high-quality photos and, if possible, a virtual tour or video walkthrough in your listing. The more information and visuals you provide, the more appealing your listing will be to potential buyers.

Step 5: Marketing Your Listing

Once your listing is live, it’s time to market it. You can utilize social media platforms like Facebook, Instagram, and Twitter to reach a broader audience. Share your listing with your network and encourage friends and family to share it as well.

Online advertising can also be effective. Consider using Google Ads or Facebook Ads to target potential buyers in the San Antonio area. The more visibility your listing gets, the more likely you are to find a serious buyer quickly.

Step 6: Managing Offers and Negotiations

When offers start coming in, review them carefully. Look at not just the price, but also the terms and conditions of each offer. Be prepared to negotiate to get the best possible deal.

Being flexible and responsive during negotiations is crucial. Direct buyers often appreciate sellers who are willing to work with them on timing and other details. This can lead to a smoother transaction and a faster closing process.

Benefits of Selling to a Local Direct Buyer

Selling your house in San Antonio can be a hassle, but we offer an easy alternative. At Capstone Homebuyers, we make the process quick and straightforward. With our simple three-step process, you can sell your house for cash without the usual stress.

First, fill out our form to request a no-obligation cash offer. Next, we’ll visit your property, answer your questions, and give you a guaranteed fair offer. Finally, choose your closing date, sign the paperwork, and collect your cash.

As San Antonio direct home buyers, we remove obstacles like bank approvals, real estate agents, and inspections, ensuring a fast and hassle-free sale. Plus, we always offer the most money possible, valuing your home fairly.

Best Way to Sell a House Online in San Antonio

The bottom line is that the decision to sell a house online in San Antonio to a direct buyer can be a smart and efficient choice. It offers many benefits, including a faster sale, fewer hassles, and the opportunity to work with knowledgeable local buyers.

Ready to sell my house fast in San Antonio? Contact Capstone Homebuyers today for a no-obligation cash offer. Our simple process ensures a fair price and a hassle-free experience. Click here to get started and see how effortless selling your home can be.

5 Pro Tips When Considering Selling Your Home to an Investor

Colby Hager on September 11, 2023

5 Pro Tips When Considering Selling Your Home to an Investor

Selling a property to a real estate investor is something more and more homeowners are considering in today’s rapidly changing real estate market. Whether it’s to bypass traditional sales routes or to secure a quicker sale, understanding the intricacies of this process becomes paramount.

If you’re contemplating this route, our guide offers essential tips for selling your home to an investor. From ensuring local expertise to verifying authentic reviews, we delve deep into the strategies that safeguard your interests and maximize the potential of your property sale.

Tip 1. Partner with a Local Investor: Community and Knowledge Matter

Local Expertise: Local investors are deeply familiar with your community, its property values, and market trends. This translates to potentially better offers for you.

Reputation at Stake: A local investor is aware that their reputation in the community is critical. They will strive to ensure you have a seamless experience because they have future business prospects at stake.

Efficiency and Accessibility: Their established connections, especially with local title companies, can make the process smoother. Plus, they are easily reachable if you need to discuss or resolve any issues.

Tip 2. Home Buyer Review Profile: Authenticity is Key

Diverse Reviews: From Google and Facebook to the Better Business Bureau, genuine investors will have reviews across multiple platforms. And it’s a positive sign if they showcase video testimonials on their website.

Genuine vs. Manufactured: Analyze the tone and content of the reviews. Authentic reviews often discuss specifics while fake ones can be vague and overly generic.

Depth of Reviews: Selling your home is a monumental decision, so it’s not just about having reviews; it’s about the depth of those reviews. Are there detailed accounts of the selling process, or just superficial comments? In-depth reviews can provide a clearer picture of the investor’s working style.

Frequency and Recency: While a good historical reputation is essential, recent reviews can give insight into the current operations of the investor. It’s crucial to check for consistent positive feedback over time.

Negative Reviews & Responses: Don’t just focus on the positive. Check out how the investor responds to any negative reviews. Their reactions can tell you a lot about their professionalism and commitment to customer satisfaction.

Variety of Review Platforms: A well-reviewed investor should have feedback on multiple platforms, not just their website. Diversified feedback channels like Google, Facebook, Yelp, and the Better Business Bureau offer a more rounded view of their reputation.

Consistency Across Platforms: Check for consistency in feedback across different review sites. If an investor has glowing reviews on their website but numerous complaints on a public platform, it could be a red flag.

Remember, while reviews are a powerful tool, they’re just one piece of the puzzle. Always combine them with your research and intuition to make the most informed decision.

Tip 3. Due Diligence When Vetting Potential Cash Home Buyers

Ask and You Shall Receive: A reputable investor won’t hesitate to provide references if you request them. Contacting previous sellers or collaborating title companies can provide first-hand insight into the investor’s working style.

Proof in Pictures: Request to see before-and-after shots of their recent renovation projects. This gives you an idea of their dedication to improving the homes they buy.

Track Record of Transactions: Alongside checking references, ask the investor about their past transactions. How many properties have they acquired in the last year? Do they have any specialty areas? A consistent track record in property acquisitions can be indicative of their stability and genuine interest in real estate investment.

Association or Membership Affiliations: Does the investor belong to any local or national real estate organizations, chambers of commerce, or better business networks? Maybe the investor also holds a real estate license. Memberships in these associations often require adherence to certain ethical standards, offering an added layer of confidence in the investor’s integrity.

Remember, an authentic investor will be transparent about their business dealings, affiliations, and past transactions, and will be more than willing to provide information to potential sellers.

Tip 4. Ensure Financial Ability: Check Proof of Funds

Money Talks: Any genuine cash-buying investor should willingly present an up-to-date proof of funds from their bank. This ensures they have the financial backing they claim, adding an extra layer of security for you.

When it comes to the world of property sales, the financial standing of the buying party plays a pivotal role. Especially when dealing with investors, it’s not just about the verbal assurances they give; it’s about the tangible proof they can provide. Verifying proof of funds is an elementary yet often overlooked step in discerning genuine investors from the lot.

Genuine cash buyers will promptly showcase current proof of funds from their banking institution. This not only ensures their ability to buy but also depicts their seriousness in the deal. Failing to verify financial credentials can lead to unforeseen obstacles and delays, turning a prospective quick sale into a prolonged, cumbersome process. Thus, it’s paramount that sellers prioritize this verification for a seamless and secure transaction.

Tip 5. Personality Fit: Working With A Real Estate Investor Should Be Comfortable

A Mutual Journey: Selling your home is an intricate process, and you’ll be collaborating closely with the investor. It’s essential that you feel comfortable, understood, and respected.

Beyond the Sale: Some investors might let you visit your old home post-renovation. This allows you to witness the transformation and ensures a more personalized touch to the entire process.

In the dynamic world of real estate, selling your home to an investor can be a strategic move. By adhering to these guidelines, you can ensure a more streamlined, profitable, and comforting experience.

Bonus Tip: Understand Their Exit Strategy and Avoid Middlemen

Not all “investors” have the same intent. It’s essential to determine if the interested party is genuinely planning to invest in your home or is merely a middleman. Some individuals pose as buyers only to wholesale the contract to actual investors. This can complicate the process and may even reduce the price you get for your home.

Genuine investors often have a clear strategy in place, be it flipping, renting, or full-scale remodeling. By inquiring about their plans, you not only gauge their seriousness but also ensure your property won’t be misused or left in limbo. Selling to someone with a solid exit strategy provides peace of mind, knowing that the transition will be smooth and your former community will remain respected.

In Conclusion: Avoiding The Pitfalls When Selling Direct To A Real Estate Investor

Navigating the world of selling a home can feel overwhelming, especially when considering direct sales to investors. However, the benefits can be immense: speed, efficiency, and often a better price.

Having an informed approach, like using the tips we’ve provided, can significantly simplify and enhance your experience. If you’re on the brink of making a decision, remember that the right investor can make all the difference.

Take your time, do your due diligence, and once you’re confident in your choice, seize the opportunity for a seamless selling experience. Your ideal home sale could be just one investor away.

Is It Hard To Sell A House With Foundation Problems?

Colby Hager on July 28, 2023

Is It Hard To Sell A House With Foundation Problems?

Selling a house that needs foundation repair or has foundation problems can be a challenging but common problem in San Antonio. Houses that have foundation problems often exhibit signs in other areas of the house.

Issues like sheetrock damage windows that won’t open or close properly doors that are stuck cracked or broken tiles on the floor or shower walls can all be issues that stem from a foundation problem. Another telltale sign of foundation issues in a house is a floor that feels sloped or slanted. When foundation issues are present, selling a house can be made can be more difficult.

Should You Repair the Foundation Before Selling?

When you want to sell a house that has foundation problems, you must first decide if you were going to fix the foundation or if you were going to sell the house as-is without repairing the foundation.

Finding the Right Foundation Repair Contractor

When considering fixing the foundation, finding a reputable contractor who specializes in foundation repairs is key. Look for a contractor with great Google reviews and a positive Better Business Bureau profile. Reputable foundation companies often offer lifetime transferable warranties, provide a structural engineer’s letter upon completion, and shouldn’t require more than a 50% deposit to begin the foundation repairs.

Cost of Foundation Repairs in San Antonio

Foundation repairs in San Antonio can vary in cost depending on the type of foundation you have. Slab foundation repair is typically more expensive because it involves concrete breakouts, floor removal, and possibly tunneling under the house. These repairs can range anywhere from $3,000-$25,000 depending on your specific situation. Pier and beam foundation repairs are usually less expensive because they don’t require concrete breakouts and the access underneath the house is typically easier.

Additional Repairs After Fixing the Foundation

Another crucial consideration is addressing the damage the foundation problem has caused. Sheetrock repairs, window repairs, door repairs, tile repairs – all of these will be required after the foundation is repaired. So, you must budget for more than just the cost of the foundation repair. Keep in mind that these cosmetic issues can deter many buyers, so be sure to budget for all the necessary repairs.

Potential Extra Costs After Foundation Repair

Sheetrock repairs: Foundation issues often cause wall damage that needs repair.
Window repairs: Windows may become stuck or misaligned due to foundation shifting.
Door repairs: Similar to windows, doors may not fit their frames after foundation shifts.
Tile repairs: Cracked or broken tiles are common signs of foundation problems and may need to be replaced.

Selling a House with Foundation Problems As-Is

You don’t have to take on the foundation repairs if it’s not something you’re comfortable doing. You can sell the house as-is to someone willing to buy a house in need of foundation repairs. Many cash buyers and real estate investors in San Antonio, like local companies who buy houses for cash, don’t require you to make any repairs. This is a viable option if the thought of foundation repairs seems overwhelming or requires more resources than you have available.

Can You Sell a House with a Bad Foundation?

Yes, as mentioned earlier, you can indeed sell a house that needs foundation repairs. However, it’s worth noting that such a sale typically involves selling to a local real estate investor.

Why Real Estate Investors are Key Buyers

These investors are well-versed and comfortable with purchasing properties that have structural issues like foundation repairs. The key reason why most homebuyers planning to live in the house are unwilling to buy a property with foundation issues is simple – banks are often hesitant to lend for such properties.

Benefits of Selling to Real Estate Investors

Experience: Investors are well-versed in dealing with structural issues like foundation repairs.
No loan complications: Investors buy in cash, circumventing potential loan refusal by banks due to foundation problems.
No extra inspections: Investors often don’t require additional inspections, saving time and money.
No failed sales: With an investor, you’re less likely to see a sale fall through due to foundation issues.

The Pitfalls of Traditional Home Sales with Foundation Issues

At first, a new home buyer may not realize the presence of foundation problems and might begin the purchasing process. However, during inspection and appraisal, foundation repairs will inevitably surface, causing the bank to decline to lend for the sale.

Preventing Failed Escrows and Contract Issues

Selling a house with foundation problems often leads to failed escrows and properties falling out of contract. Selling to a local person who buys houses in San Antonio can avoid this. Such direct dealings streamline the process, ensuring that your sale doesn’t fall through due to underlying foundation issues.

Are Foundation Issues A Deal-Breaker?

Selling a house that has a bad foundation isn’t always a dealbreaker. The times when selling a house with a bad foundation is a dealbreaker is when the bank declines to land on the sale or a foundation repair that was unexpected is discovered. When dealing with a cash home buyer in San Antonio oftentimes the buyer doesn’t require additional inspections and is aware of the foundation issues from the very beginning and will not let us sell fall through simply because of a foundation issue.

Making the Decision: Selling a House with Foundation Problems in 2023

Navigating the sale of a house with foundation issues can feel daunting. You have options – repair the foundation and sell traditionally, or sell as-is to a savvy real estate investor. It’s crucial to understand the implications of foundation repairs to prevent any unfavorable surprises. Opting for a real estate investor like Capstone Homebuyers offers a stress-free solution. With us, you bypass the hassle of cosmetic and foundation repairs, and even property cleaning. Remember, every scenario is unique – the best choice hinges on your individual circumstances. Not sure which path to tread? Reach out to us at Capstone Homebuyers. We’ll walk you through your options in detail, in person, and provide a dependable cash offer you can count on.

Selling A House in Chapter 13 Bankruptcy

Colby Hager on July 17, 2023

While many people use chapter 13 bankruptcy to save their house and avoid foreclosure, the reality is that sometimes you may find yourself in a situation where you need to sell your house after you’ve filed for Chapter 13 bankruptcy.

You may have questions like:

Can I sell my house in bankruptcy?

Can I lose my house if my bankruptcy is dismissed?

What happens if my house isn’t covered by bankruptcy?

In this post, we’re going to talk about these issues and ensure that you understand your options if you want to sell your house fast while still in Chapter 13 bankruptcy.

Can I Sell My House During Chapter 13 Bankruptcy?

Even if you’ve filed for Chapter 13 bankruptcy and your home is under its protection, you still have the option to relinquish your house and move on, despite the ongoing bankruptcy proceedings. There are many reasons you might want to sell your house that is protected by Chapter 13 bankruptcy protection.

Financial Relief

Keeping up with a home and all of the costs that come with it while managing an expensive bankruptcy payment can be a massive burden. Selling the house can provide some immediate financial relief and help you repay your debt more easily.

Reducing Your Debt Repayment Plan

The proceeds from selling the house can be used to pay off a large portion, or even all of the bankruptcy repayment plan. This could clear your bankruptcy altogether or shorten the duration of the payments and process.

Avoid Losing Bankruptcy Protection

The high monthly payment that typically comes with a Chapter 13 bankruptcy settlement can often be a struggle. Sometimes selling a house that is protected by Chapter 13 bankruptcy is a last resort to avoid losing the bankruptcy protection altogether.

Lifestyle Changes

There can be personal reasons for wanting to sell a house that is covered by bankruptcy protection. For example, downsizing, moving for a job, family reasons, or simply wanting a new start.

Home Needs Too Many Repairs

If the house requires extensive repairs or renovations, the cost could be prohibitive, especially during bankruptcy. Selling the house as-is can save the homeowner from sinking further into debt, while also eliminating the stress and time involved in managing the repairs. Many cash home buyers, like Capstone Homebuyers, buy properties in any condition, providing a hassle-free solution for homeowners in this situation.

Will I Lose My House If My Chapter 13 Is Dismissed?

If your home is no longer protected by Chapter 13 bankruptcy, it’s possible that you could lose your home if you lose your protection. This typically happens if your bankruptcy is discharged and your home was being temporarily protected by bankruptcy from creditors such as your mortgage company and you were facing an upcoming foreclosure.

If the county is seeking to collect a property tax debt, your home might also be at risk. However, it’s crucial to remember that you still have time and options available to you. But be aware, as time is of the essence. As the clock ticks, your window of opportunity narrows, potentially limiting your choices. Acting promptly will ensure you have the broadest range of alternatives to navigate this situation.

Consider selling your home as a strategic alternative to losing it to creditors should bankruptcy protection be lifted. This proactive step not only puts you in control but could also provide you with the means to settle debts and start afresh.

When it comes to selling your house fast to avoid losing it due to bankruptcy protection removal, you do have a few options at your disposal.

First, you have the option of listing the house for sale with a realtor. This process can be a little bit longer and more drawn out though and may not be the best option given the fact that you have a limited amount of time.

Many people consider selling their house to a neighbor or family member. While selling your house to a neighbor or family member may appear convenient, it’s crucial to remember that this may not necessarily be your best option. There can be timing issues as well as possible financing issues that could put you in an even more difficult situation if problems with the sale arise.

You also have the option to sell the house to a local real estate investor. This can be a great option because local “We Buy Houses” investors can purchase with cash and close quickly offering a guaranteed sale as a solution. While choosing to sell your home to a real estate investor can be a great option, it must be done with care.

When selling your house for cash to an investor, it’s critical to ensure the investor you’re considering has a strong track record with bankruptcy situations and can act swiftly, given your impending foreclosure deadline. While there may seem to be an abundance of appealing options, the selection of a suitable investor should not be taken lightly. It’s recommended to opt for an investor with high-quality reviews, an A+ rating on the Better Business Bureau, and a reputable standing in the community.

Capstone Homebuyers fits these criteria perfectly. With our extensive experience in dealing with bankruptcy house selling scenarios and our ability to expedite purchases, we stand ready to assist you. Our impeccable reviews and stellar reputation in the San Antonio, TX community underscore our commitment to helping homeowners navigate through tough times. Trust Capstone Homebuyers – we’re here to help.

Understanding the Process of Selling Your House During Chapter 13

Once you decide to sell your house while you’re in Chapter 13 bankruptcy, you must first find a buyer. As we mentioned, this can be done by going the traditional route with a realtor, by selling your house to a house-buying company or a company that buys houses, or you can sell your house for sale by owner. Each of these options has its own benefits and drawbacks when selling during a bankruptcy.

For example, selling your house with a realtor often helps you get the most money possible from the sale of your house, there could be challenges going through the bankruptcy court when dealing with real estate agents and buyers who aren’t familiar with the process of buying a house from bankruptcy. Honestly, most agents haven’t bought or sold a house from bankruptcy and are often uncomfortable in navigating the process of dealing with the bankruptcy court and all of the motions that are required to sell your house.

Selling your home to a local cash investor comes with many of the pluses of selling your house in a bankruptcy such as dealing with a knowledgeable buyer who will handle the entire process for you however there is the drawback that you may not get as much money for your house as you would like. However, if your house is in need of any type of repairs or if your house isn’t in move-in ready condition a good real estate investor will buy your house for market value.

Once you have found a buyer and agreed on a sales price you must submit a motion to the bankruptcy court requesting approval to sell your home. This involves filing a motion with the court and giving all parties involved in your bankruptcy, your creditors, trustee, and even the judge overseeing your case, the opportunity to review and object to the sale.

From our experience, it’s extremely rare for there to be any objection to the sale of a house during a bankruptcy. All the players involved are generally aware that the sale of the home is a good thing because it will lead to more of the debt being repaid.

After this, a hearing will be set and the bankruptcy judge will approve the sale. The judge will make sure that the house is being sold for a reasonable price and not being given away for less than it’s worth.

Your Path Forward with Chapter 13 and Home Selling

Filing for Chapter 13 bankruptcy doesn’t necessarily mean that selling your home is off the table. On the contrary, selling your home could provide much-needed financial relief, help expedite the repayment of your bankruptcy plan, prevent loss of bankruptcy protection, allow for lifestyle changes, or mitigate the potential stress and cost of needed home repairs.

We’ve walked through the options of listing your house with a realtor, selling to a neighbor or family member, or selling to a local real estate investor. While each has its own potential benefits, the speed, certainty, and expertise of an investor like Capstone Homebuyers stand out, especially when dealing with bankruptcy scenarios.

Lastly, we’ve outlined the steps of selling your home during Chapter 13, with a reminder that navigating this process doesn’t have to be done alone. Choosing Capstone Homebuyers means choosing a partner that works with your bankruptcy attorney to manage all aspects of the sale swiftly and efficiently.

When you’re facing the complicated crossroads of Chapter 13 bankruptcy and selling your home, remember Capstone Homebuyers is here, ready to guide you, every step of the way.

Disclaimer: This article does not constitute legal advice. It’s recommended to consult with an attorney who specializes in bankruptcy law before making any decisions.

5 Underrated Benefits Of Selling Your House To A Local Homebuyer

Colby Hager on March 5, 2023

5 Underrated Benefits Of Selling Your House To A Local Homebuyer

Selling a house that has some issues like repairs, inherited, bad tenants, foreclosure, or maybe even bad smells from pets can be a little different than selling a house the traditional way. Sometimes a cash transaction is the best way to handle the sale of a house that has issues.

Finding the right buyer that has the ability to buy a house with cash and that is also willing to buy a house that needs repairs or has other issues can require some looking around. Selling your house to a local homebuyer is likely your best bet.

There are some obvious benefits to selling your house to a local home investor. In addition to the obvious benefits, there are many benefits that most people don’t realize come with working with a professional “we buy houses” buyer that is local and focuses on buying houses in your specific area.

Sell Your House Discretely

One benefit of selling to a local home buyer is the privacy and discretion that comes with it. You won’t have to worry about neighbors or other people in the area knowing your personal business. You won’t have strangers coming through your house looking at it and you don’t have to worry about fixing anything up for showings.

There won’t be any signs in the yard advertising a sale. No real estate agents knocking at the door at all times of the day. Plus there won’t be an obnoxious number of cars with magnetic signs parked in your driveway telling the world what’s going on. No one is going to be posting about your house for sale all over Facebook and other social media sites.

The sale of your house will just be between you and the homebuyer you are working with.

The Sale of Your House Will Be Simple

Selling your house to a local homebuyer is also much simpler and quicker than selling it the traditional way. The homebuyer will handle all of the paperwork for you and be able to close on the sale quickly, often within just a few days or weeks. You won’t have to worry about dealing with dozens of showings, complex negotiations, multiple inspections, or the headaches of banks.

When you sell your house to Capstone Homebuyers for example, we handle all of the paperwork, we work with the title company, and we bend over backwards to make the sale easy for you. You just show up to collect your money on the day of closing.

Local Home Buyers Are Ready to Buy At Any Time

Local homebuyers are often open to buying your house at any time. It doesn’t matter whether the market is hot or if it’s in a lull, they will be willing to buy. They also don’t care about any of the issues that may come with a house such as repairs, smells from pets, bad tenants, or inherited houses.

They understand that sometimes you just need to sell quickly and for cash and they have the means and ability to make it happen for you. You won’t have to worry about waiting for buyers who need financing or deals that don’t close because of lenders not approving a loan.

Selling The House Will End the Holding Costs

When you sell your house to a local homebuyer, you can put an end to any holding costs associated with the property. You won’t have to worry about paying utilities, insurance, or taxes on a property that is just sitting there possibly not generating any income for you. This can be especially beneficial if you inherited the house and weren’t expecting it in the first place.

You’ll also save time and money by not having to deal with repairs or upkeep of a property that you don’t want anymore. You can simply hand off all of the responsibility to the real estate investor who will take over from here.

You Can See The Property After Renovations Are Complete

For those who would like to see the property after it has undergone renovations, local homebuyers are often willing to accommodate this request. You can come back and see your old house with a fresh face and take pride in knowing you sold it to someone that appreciated what they got.

Many times, family, friends, and even neighbors that spent time in the house over the years want the chance to see the house restored to it’s original glory. When you work with a local company that buys houses, they will almost certainly invite you back once the updates are completed for a private tour. This is a benefit that the big nationwide corporate buyers simply can’t offer.

Sell Your House To Capstone Homebuyers

Selling your house to an experienced local homebuyer is a fast and efficient way of selling your house for cash without having to go through the hassle of dealing with open houses, showings, and long drawn-out negotiations. Plus you get the added benefit of discretion, privacy, and not having to deal with any holding costs associated with the property.

So if you need to sell fast for cash, working with a local homebuyer is a great option for you. Contact us at Capstone Homebuyers today to learn more about our services and how we can help you get the cash you need quickly.

Sell A Vacant House In San Antonio

Colby Hager on February 28, 2023

Sell Your Vacant House In San Antonio As-Is For Cash

Get A Fair Cash Offer For Your Vacant San Antonio Home Today

We buy houses in any condition – no realtors, no fees, no commissions, no repairs, and no need to clean. Enter your address, phone number and email below to get started on your no-obligation all cash offer now!

Would You Like To Sell A Vacant House In San Antonio Without Making Repairs?

Vacant houses in San Antonio can be burdensome for the owner. Oftentimes, when a house sits vacant for too long, the house ends up needing repairs. There are many reasons why a house could be sitting vacant for an extended period of time. If you find yourself owning a property that has been vacant, you may want to sell the house as-is rather than making a large number of repairs.

Vacant houses can be the result of tenant eviction, inheriting a house that needs repairs, or even water damage that went unrepaired. Capstone Homebuyers has seen just about every scenario that leads to needing to sell a vacant house as-is without making repairs. We understand the situation can be difficult and frustrating. The worry, constant yard maintenance, and general upkeep can be time-consuming, exhausting, and financially straining.

Sell Your Vacant House Or Keep Maintaining?

Selling a vacant house or trying to keep up with the maintenance is the most difficult decision the owner of a vacant home faces. On one hand, you have the utilities, taxes, and possible mortgage each month. On the other hand, if you sell now as-is, you might not make as much as you would if you completed all the repairs.

If you do decide to sell a house that has been vacant for a longer period of time, you want to make sure you sell to someone who is used to seeing houses that have had extended vacancies. To some people, a house that has been sitting vacant might seem worse than it actually is. At Capstone Homebuyers, we regularly buy vacant houses and we can look past the effects of the long-term vacancy to see the potential of the house.

Vacant Houses And The City Of San Antonio

Vacant houses must be registered with the city of San Antonio if they are in certain areas. Learn more about the program and see if your house is inside one of the registration zones here. Aside from possibly having to register your property with the city, vacant houses draw attention from code enforcement officers. They will quickly have the house secured and lawn mowed at your expense. They normally charge between $330-$500 just to clean an overgrown yard. Don’t let code costly code violations stack up on the property. When you sell to Capstone Homebuyers, you don’t have to pay the code violations ahead of time.

Is Your Vacant House Causing Worry and Concern?

What if someone breaks in or vandalizes the property?
How often do you need to check on the property?
Are squatters making my home their home?
Am I getting Code Violations from the city of San Antonio?
How long will the house be empty before it falls into disrepair?
It just rained…is the roof leaking?
Do I need to register my vacant house with the city of San Antonio?

The list can go on and on…these are always some of our top concerns. This is the worry that can consume the owner of an empty house. This can lead to unneeded stress in your life. Trust us, we’ve been there. No matter how many times we get into this situation ourselves, it never gets any easier!

Sell Your Vacant House The Easy Way In

Sell Your Vacant House As-Is Fast For Cash

You can sell your vacant house as-is for cash. We purchase vacant houses across San Antonio and we close fast. If you are tired of the stress and worry of that vacant house always in the back of your mind, reach out to us! We are looking for houses that need that little extra TLC after being empty for a time. If you have a vacant house that needs repairs or has been neglected over time, we are ready to make a cash offer. We are reputable home buyers in San Antonio and have earned that reputation by purchasing houses from people who needed to sell for a fair price. Heck, even if the house is in perfect condition, we are still interested in purchasing the house from you.

Get A Fair Cash Offer For Your Vacant San Antonio Home Today

Sell Your Vacant Lot In San Antonio

Colby Hager on January 3, 2023

Do You Need To Sell Your Vacant Lot In San Antonio?

Get A Fair Cash Offer For Your San Antonio Lot Today

Have you been thinking about selling your vacant lot in San Antonio recently? We have the solution you have been looking for. You can sell a vacant lot in San Antonio Because We buy vacant lots in San Antonio! When you sell a vacant lot to us, we pay all the closing costs and there are no commissions or fees. We make the process of selling a lot quick and easy.

Reasons To Sell Your Vacant Lot In San Antonio

Were planning on building but never did
Inherited the lot from a family member
Need to get some cash quickly
Would like to see someone build a new house there
Earn monthly income from selling your vacant lot
You are moving out of the area
Your lot has been sitting on the market with no action
Property taxes are getting behind or too expensive

These are just some of the reasons you may want to sell your vacant lot in San Antonio or the surrounding area. We understand that needing to sell a lot quickly can sometimes be frustrating. Many local realtors are familiar with representing buyers and sellers of houses but not raw land…that can be maddening.

What’s worse, once you decide to sell your lot, you want a buyer right then but that doesn’t always happen. We know that feeling…that is why at Capstone Homebuyers, not only do we buy houses, WE BUY VACANT LOTS AS WELL!

The Costs of Owning A Vacant Lot Add Up

We know the costs can add up when you own a vacant lot in San Antonio. These are the hidden costs of owning a vacant lot in San Antonio.

County taxes always going up
Having the low mowed...or worse, doing it yourself
Trash removal from illegal dumpers
HOA fees if you own in an HOA neighborhood
And worst of all…City Liens from vacant lot clean up.

These are just some of the ways owning a vacant lot in San Antonio can actually cost you money. Stop worrying about paying these expenses. Let us make you a fair, all-cash offer for your vacant land or lot. The best part is, we don’t charge any fees or commissions for our services. We want to build on these lots ourselves so there are no middlemen involved.

Don’t get sucked in to paying unnecessary commissions to a real estate agent.

Don’t pay fees for “services” that “specialize” in selling only lots but want to charge you an arm and a leg in fees.

Call us today and let us make you a guaranteed cash offer for your vacant lot or land.

What Our Clients Say

“I appreciate all you did when I needed to sell my home. You went above and beyond in every way.

I couldn’t believe how transparent you made the buying process.

Thank You!”

“Mr. Hager took away all of the hassles of selling my mother’s house. The house had been in a disputed probate situation for several months.

Mr. Hager exercised patience and used his knowledge to help me through the process."

"Very professional and welcoming! I appreciate how fast and responsive the company is. I would highly recommend it.

Couldn't have asked for a better experience.

Thank you so much Capstone Homebuyers."

"Colby was a man of his word. I had a bad experience with other home buyers, and was about to give up on the whole process. Colby and Capstone gave me the best offer, and did everything they said they were going to do. I was able to start over without worries.

Thank you."

"We loved this business from the start. We turned out to be a special case but Colby never gave up and saw it thru to the end. We couldn't be more grateful.

We would recommend Capstone and Colby to everyone."

"Absolutely awesome! Gave me an offer and we closed the same month. I am beyond grateful for Capstone and Colby!!!

Thank you for your honesty, communication, and dedication! My family and I appreciate you!"

"Recommend. I did a lot of research and went with Colby at capstone because I needed to sell quickly and efficiently.

Great communication, and answered any questions I had.

Made me feel comfortable with the whole transaction. Would definitely recommend to friends and family."

How To Sell A House In Need Of Repairs: The Ultimate Guide To Selling A House As-Is

Colby Hager on October 28, 2022

How To Sell A House In Need Of Repairs: The Ultimate Guide To Selling A House As-Is

Selling a house as-is in need of repairs comes with some big-time decisions. Knowing what repairs to complete, who to hire, making sure the repairs are done correctly, and making sure you will get your money back for the repairs is only the beginning. First, you must decide if it is even worth it or possible to make all of the repairs to the home. Houses that need repairs don’t attract many buyers who typically look for move-in-ready properties. Luckily, we have a breakdown of everything you need to cover to make the right decisions for your situation when selling a house that is in need of repairs.

Preparing To Sell A House That Needs Repairs: Know What To Expect

To sell a house that is in need of repairs, you must first prepare for what to expect. Most people will sell a house as-is and avoid the entire process of repairing the home before selling it. However, others may prefer to take on the repairs themselves in order to pad their bottom line. In addition to educating yourself on repairs, you need to completely understand your motivation for having your home ready for sale by knowing what price point you can sell at prior to making repairs.

Before making any repairs, have an honest conversation with yourself about selling a property in less-than-perfect condition and what that actually looks like. The buyers for a property in need of repairs may be local buyers who are paying cash for houses. This can make the sales process fast, easy, and worry-free. Putting a house on the market that is in need of repairs can mean the house sits for a longer period of time due to the condition of the home.

Making the repairs prior to the sale can significantly decrease the time on the market for your house, but it will also cost you money. It could possibly make you money once the dust settles.

*Don’t Want To Make Repairs? Skip To Steps To Selling As-Is

Identify the types of repairs needed

To sell a house that is in need of repairs, you must first prepare for what to expect. Most people will sell a vacant house as-is and avoid the entire process of repairing the home before selling it. However, others may prefer to take on the repairs themselves in order to pad their bottom line. In addition to educating yourself on repairs, you need to completely understand your motivation for having your home ready for sale by knowing what price point you can sell at prior to making repairs.

Before making any repairs, have an honest conversation with yourself about selling a property in less-than-perfect condition and what that actually looks like.

The buyers for a property in need of repairs may be local buyers who are paying cash for houses. This can make the sales process fast, easy, and worry-free. Putting a house on the market that is in need of repairs can mean the house sits for a longer period of time due to the condition of the home.

Minor Repairs

Minor repairs are small fixes that can be done in a day or two with the use of regular household tools. Some examples include:

Painting a room or bathroom
Replace doorknobs, hinges, door locks, etc.
Minor sheetrock or drywall repairs
Fix leaky faucets or toilets

These repairs are typically DIY in nature or can be completed by a local handyman.

Major Repairs

Major repairs are large fixes that are more complicated in nature. They take much more time, effort, and expertise to complete the repair(s). Some examples include:

Replace an entire heating or air conditioning system
Large plumbing issues
Adding a new kitchen
Making structural changes in the home (adding rooms, or removing walls)
Remodeling the bathroom
Roof replacement
Foundation repair
Upgrading the electric system
Exterior siding and/or window replacement

These repairs are best left to the professionals and should be delegated to licensed contractors. Renovating the kitchen and bathrooms typically gets you the most bang for your buck and will give you the greatest return on your money. Some repairs like the roof, foundation repairs, and electrical upgrades are required but yield little return on money spent.

Upgrades

Upgrades are things that you may want to consider adding before the sale such as:

Updating lighting fixtures and switches
Fencing or security system installation
Updating Appliances
Landscaping

These cosmetic changes can help increase your home’s asking price. It might also make your house stand out from the competition. These upgrades to your house before selling are valuable if the rest of the house is already in move-in-ready condition.

Get Estimates For The Repairs From Profesional Contractors

It is best to hire licensed contractors (for major repairs) or an experienced handyman (for minor repairs). You can get estimates from local professionals in order to estimate the cost of all necessary home repairs.

Get recommendations from people in your area who you know or trust.
Collect more than one bid. This is an important step you should not skip.
Don’t be solely driven by the price of the bid.

Look at the credentials of each contractor. Also, ask about the warranty that comes with the repair work. Many contractors offer a warranty that covers them for a year or more.

Be sure to shop around, comparing the bids with each other and being clear about what they include.

Ask them if they have a list of references from previous customers who were happy with the job they did. Request contact information for those references so you can call them.

Once you have identified a contractor you would like to work with if you complete the repairs, you now have to go through the list of repairs that may or may not be needed so you can come up with an exact scope of work and refine your budget.

Decide On Which Repairs Are Worth The Cost

Some repairs are considered “cosmetic” and are not worth the cost of construction or repair. For example, a door that sticks when you close it may only require the hinge to be tightened. Replacing the door is not needed in this scenario. There are numerous other examples of cosmetic repairs, so really think through what needs to be fixed so your budget doesn’t get out of hand.

According to remodeling in the Texas region, some repairs and updates are truly worth the money you put in while others, well, not so much.

Repair Costs/Values

Window Replacement: 59.7% of your costs will be recouped
Major Kitchen Remodel: 54.4% of your costs will be recouped
Bathroom Remodel: 54.4% of your costs will be recouped
Garage Door Replacement: 93.2% of your costs recouped.

Some of those numbers are surprising, to say the least. Make sure you are choosing your repairs and updates wisely in order to get the most out of your remodeling budget.

Is My House Worth Repairing?

Repairing your house can be costly, not to mention time-consuming. Before you get started on any repairs, you want to make sure that the value of your home will increase with the amount of money invested in it.

Factor in items besides just cost. There is the time requirement, the frustrations of a remodeling project as well as the risk that your design or aesthetic isn’t well-received by potential buyers. Taking all these factors into account will help you decide if remodeling or repairing the house is worth the cost and benefit.

Making The Repairs Prior To The Sale

Once you have made the decision to make the repairs to the house prior to selling the house, and you know exactly which repairs you are going to complete, you will want to keep a close eye on the quality of the repairs. If you are going to ask for top dollar for your home, buyers expect to see that quality work was done on the home.

Ensure your colors, design selection, and finish-out materials are in style and have a wide appeal so that you can attract as many potential buyers as possible.

Now is also a good time to consider finding a realtor who will help you list your house for sale.

Clearing Clutter Before Selling

When selling a home that has already been completely repaired and is move-in-ready, you will want to remove as many personal belongings as possible.

The less clutter, the bigger the impact. Homebuyers want to visualize themselves living in the home they are purchasing.

Although this may be difficult for some homeowners to do, you should remove as many personal items as possible before putting your house on the market.

Make A List Of Items To Sell Or Donate

Before you start packing, make a list of any items that need to be sold or donated. You may want to do this with your spouse so both parties will know what needs to be done and how long it will take. Garage sales can be helpful but time-consuming. Donating to the Salvation Army or Goodwill is also easy and helpful.

Rent A Storage Unit

If you have items that are large or you do not want to part with, consider renting a storage unit.

Once your house is sold, transport the items from the storage container to your new home.

This may be an extra charge for moving companies but having at least some of your personal belongings will be worth it in the end.

Hire A Staging Company

This might be an option if your budget allows it.

The goal of this option is to make your home look like a model showroom. However, this option can cost several thousands of dollars depending on the level of staging.

If You Decide Not To Make The Repairs…

Sell The House As-Is Without Making Repairs

You have decided you need to sell your house without making repairs. You may be wondering who will buy a house that is in disrepair, and how much less will it sell for. You might not even be sure if there are buyers out there willing to purchase a home that isn’t move-in ready. We will answer all questions related to how to sell your house as-is.

Can You Sell A House Without Fixing It Up?

It is possible to sell a home without making repairs. The house might not be in the best shape, but it will likely close escrow with enough buyers interested in purchasing it. For houses in need of substantial repair, you could be looking at contacting a local company that pays cash for houses.

What Is The Fastest Way To Sell A House That Needs Repairs?

When people are finally ready to get out of their house, they are usually in a hurry to make the sale happen. For homeowners who are trying to get rid of an old home but don’t have much money for repairs, the fastest way to sell a house is to contact a company that will buy your house as-is. These companies are more reliable than individual investors and they have the ability to close on your timeline so it can happen quickly.

How Much Do You Lose Selling A House As-Is?

If you own a house in need of repairs, the key question is how much money will you lose by selling it as-is?

The easy answer to this common question is that there are three things that make up your bottom line when selling a house: the sales price, closing costs (fees), and commissions.

#1. Sales Price – When you sell as-is to a home buying company, conventional wisdom says you will sell at a discount. However, this isn’t always the case. Depending on the repairs needed on the home, you might actually get more than market value for the as-is condition.

#2. Closing Costs or Fees – typically closing costs can be anywhere from 1.5-6% depending on the type of transaction you have. Depending on your sales price this can be a significant hit. Most people who buy houses professionally are willing to pay your closing costs as a part of the transaction.

#3. Commissions – When you are selling without making repairs, you have the opportunity to skip using a realtor. When you sell your house on your own, you can save a typical 6% on commissions. For a house selling for $200,000 that is a whopping $12,000!

So if your home needs repairs and you want to sell without making any of the needed repairs, you might actually walk away with an equally good deal.

Considering that according to remodel and the figures listed above you actually are unlikely to recoup all of the money spent remodeling your house yourself, you might actually come out ahead.

Finding A Cash House Buyer To Sell The House As-Is

If you decide to sell your house to a company that buys houses, there are some best practices you can implement so that you have the best experience selling your house. Not all-cash buyers are the same and you want to make sure you work with the best buyer for your local area.

Follow these important steps when beginning to research who buys houses that need repairs in your area.

Get A Referral For A Homebuyer

The single most important thing you can do is get a referral. That’s because your referrals are the best source of information for which cash house buyer is best suited to buy your property in the condition it’s in. If you don’t know anyone who has worked with a cash home buyer, use Google, Yelp, or the BBB to find a reputable company that takes us to our next step..

Check Reviews For A Homebuying Company

Once you have a company in mind, check out their reviews. Google them and see what other people are saying about the company. Also, read through any online reviews such as Yelp or BBB to get an overall feel for how they handle customers.

Deal With A Reputable & Reliable Company That Is Local

When working with a company that buys houses, make sure to deal locally. Yes, there are companies that buy homes nationally but you don’t want to sell your house to someone who is hundreds of miles away because there could be complications later on in the process. Plus, do you really want to sell your home to a computer algorithm?

For more tips on how to find the best possible company to buy your house, we wrote an in-depth article on how to find the right cash buyer that covers all the steps.

Sell Your House As-Is For Cash And Move On Without Making Repairs

Selling a house doesn’t have to be complicated and expensive.

The process of selling a home may seem overwhelming, but it doesn’t have to be. We buy houses in their as-is condition at no cost to you. Our quick and easy process allows you to sell your house fast without any hassle or repairs.

If you’re looking for an easier way to get cash for your home, we can help! Since 2011, Capstone Homebuyers has been buying homes from owners just like you who want the most convenient option available when they need money fast. With our “No Hassle” approach, there are no fees or commissions charged by us; instead, we make offers based on the value of your property in its current state (as-is). Once you accept we close on your timeline at a price that’s guaranteed not to change! You don’t even pay closing costs when working with us!

Selling Fire Damaged House: Get Top Value for Your Property Today

What to do With Your House With Fire Damage in Texas

Understanding Fire-Damaged Houses

Being Aware of Your Fire Damaged Property

Health Issues of a Fire Incident

Challenges of Selling a Fire-Damaged House

Issues Selling a Damaged House Texas

Emotional and Financial Stress

Options for Selling a Fire-Damaged House in Texas

Repairing and Renovating

Selling As-Is on the Open Market

Selling to a Cash Home Buyer

The Capstone Homebuyers Solution

How We Work

Our Difference

Legal Considerations in Texas

Legal Disclosures for Fire Damaged House

A Smooth Process Selling a House with Fire Damage

Tips for a Smooth Sale

Getting Insurance Claim Paperwork Together

Being Honest

Get Legal Advice

Frequently Asked Questions

Selling Your Fire-Damaged House in Texas Today

Selling Your Damaged House Texas With Us: The Process

Selling a House with Code Violations in Texas

Understanding Code Violations in Texas

Common Types of Code Violations ​

Structural Issues

Zoning Violations​

Safety Hazards​

Abandoned House/Yard Overgrown

How Code Violations Affect Property Value

Options for Selling a House with Code Violations

Fixing the Violations Before Selling

Selling As-Is to Traditional Buyers

Selling to a Cash Home Buyer

The Capstone Homebuyers Process

Step-by-Step Guide

1. Contact Capstone Homebuyers

2. Property Assessment

3. Receive a Fair Cash Offer

4. Close on Your Timeline

Benefits of Working with Us

Frequently Asked Questions

Conclusion

How to Sell Your House Online in San Antonio: A Guide to Selling to Direct Buyers

Why Sell Your House Online in San Antonio to a Direct Buyer?

Step-by-Step Guide to Selling Your House Online in San Antonio to a Direct Buyer

Step 1: Preparing Your Home for Sale

Step 2: Choosing the Right Online Platform

Step 3: Setting the Right Price

Step 4: Listing Your Home

Step 5: Marketing Your Listing

Step 6: Managing Offers and Negotiations

Benefits of Selling to a Local Direct Buyer

Best Way to Sell a House Online in San Antonio

5 Pro Tips When Considering Selling Your Home to an Investor

Tip 1. Partner with a Local Investor: Community and Knowledge Matter

Tip 2. Home Buyer Review Profile: Authenticity is Key

Tip 3. Due Diligence When Vetting Potential Cash Home Buyers

Tip 4. Ensure Financial Ability: Check Proof of Funds

Tip 5. Personality Fit: Working With A Real Estate Investor Should Be Comfortable

Bonus Tip: Understand Their Exit Strategy and Avoid Middlemen

In Conclusion: Avoiding The Pitfalls When Selling Direct To A Real Estate Investor

Is It Hard To Sell A House With Foundation Problems?

Should You Repair the Foundation Before Selling?

Finding the Right Foundation Repair Contractor

Cost of Foundation Repairs in San Antonio

Additional Repairs After Fixing the Foundation

Potential Extra Costs After Foundation Repair

Selling a House with Foundation Problems As-Is

Can You Sell a House with a Bad Foundation?

Why Real Estate Investors are Key Buyers

Benefits of Selling to Real Estate Investors

The Pitfalls of Traditional Home Sales with Foundation Issues

Preventing Failed Escrows and Contract Issues

Are Foundation Issues A Deal-Breaker?

Making the Decision: Selling a House with Foundation Problems in 2023

Can I Sell My House During Chapter 13 Bankruptcy?

Common Types of Code Violations

Zoning Violations

Safety Hazards