PROMISE LAND PROPERTIES

Sell a House With Foundation Problems

Sell a house with foundation problems. Learn what to gather, what affects an as-is sale, and how to request a cash offer from Promise Land Properties.

Start with the reports you have.

Share engineer or contractor reports, photos of cracks or settlement, and any bids for repair. You do not need the work completed before a review.

Compare before committing

Foundation repairs can be expensive and slow. Compare completing the work for a listing with an as-is offer that prices the remaining work.

Questions worth asking

• What information does the buyer need to review the property?
• What costs and balances would come out of my proceeds?
• What happens if the closing is delayed?
• Who is responsible for possession, access, and belongings?

What we need to know

You do not need every answer before sending the address. These details help us understand the property and the parts of a sale that will need attention.

• Existing foundation reports or bids.
• Photos of visible concerns.
• Access for a property review.

What affects an as-is offer?

The property’s condition, location, access and the work involved all matter. Ownership, occupancy and deadlines can affect how a proposed sale is structured. Share reports and estimates you already have, and separate known facts from things that still need checking.

Ask the buyer to explain the offer and the terms. Check the price, inspection period, deposit, cancellation rights, closing expenses and possession date. A cash offer can still have conditions. Get the agreement in writing and take time to review it.

Cash offer or listing? Compare what you keep.

A listing may bring a higher sale price, especially when a house is ready for the market. An as-is cash sale may fit better when repairs, showings or timing are the bigger problem. Compare the actual terms before you decide. Ask for a written net sheet.

What happens after you send the address?

We discuss the condition and your timeline, then the information or access needed to review the property. You can decide whether any proposed offer fits your goals. Sending an inquiry does not require you to sell.

Foundation issues vary widely. Get written terms and a clear scope of what the buyer is assuming.