What are Your Options for Selling a Home with Code Violations?
If you recently learned that your home is in violation of several different building codes, you’re probably wondering what you should do. While it may sound bad to have a home that’s in violation, it’s not unusual. As the trends change, most homes no longer meet the latest codes.
As long as you’re maintaining your home properly and the code violation isn’t a threat to public safety, you are probably fine. You will have to disclose this to the new buyers, but you won’t have to fix most of them.
That said, building codes are all about minimizing risk. If your home is violating many codes, particularly those that could be dangerous to the new homeowners, then you will have to address them. You can bring your home up to code on your own or hire a licensed professional.
Let’s take a look at what code violations you should fix and what to do if you don’t have the resources to make the necessary repairs.
What Building Codes are Worth Fixing?
It’s important to note that you must report all code violations to the buyers. This is your responsibility, and if you don’t follow through with it, you could be held liable in the future. So which building codes are worth fixing?
Some building codes have to do with cosmetics and won’t matter much to the home sale. The building code violations you’ll want to address are:
- Electrical errors
- Missing or broken fire alarms
- Windows in dangerous locations
- Not having handrails on railings
- Severe water damage or mold issues
- Structural damage
- Zoning issues
Sell Your Home As-Is to an Investor
Once you learn of the code violations in your home, you can choose to fix them or negotiate with the buyers for a reduced purchase price. But what if you don’t have the resources to fix these issues? Do you have any other options?
Yes! You can sell your home to an investor.
Cash buyers in Las Vegas don’t mind investing in homes that have code violations. They plan on fixing up the property so these violations won’t stand in their way. A cash home sale also allows you to close in a week and avoid paying realtor commissions.
Get Your Free Cash Offer
If you need cash fast but have a home that requires a lot of repairs, selling for cash is a great alternative. You can close on the property right away while saving time and money. To learn more about selling your home to a team of cash buyers, contact We Buy Any Vegas House today.