Are you racking up code violations on a property you own?
Whether it’s your primary residence, a vacant or rental property you own, or a house you recently inherited, you are responsible for maintaining it so it doesn’t pose a danger to the neighborhood. If not, your property is at risk of being condemned.
Homes get condemned when a government entity determines that the property is no longer fit to live in. Consistent code violations are a warning sign, and officials may lean toward condemnation if the home has been vacant for more than 60 days, the utilities have been disconnected, or an inspector has documented specific hazards.
If your home is condemned, you’ll receive a letter notifying you that the property must be vacated, if it’s not already. Then you will be ordered to either repair or demolish the building. Both pathways are difficult and expensive. So what can you do?
Try to reverse condemned status
Most of the time, you can try to negotiate with the government and reverse the condemned status of the property. But this will usually require repairs to be made to the home to bring it up to basic living standards for the health and safety of occupants. This is definitely an option, but only if you have a good chunk of money to invest in repairs and updates.
Demolish the property
The other option is to demolish the structure. Then you can keep or sell the land it sat on. Unfortunately, even demolishing a house properly can be pretty pricey, ranging from $3,000 to $18,000 depending on the size and location of the house. These numbers seem high, especially when you are left with an empty lot, but demolition still may cost significantly less than repairing the structure.
Sell for cash
Professional home buyers like Mitten Made Properties are always in the market for as-is homes. We’ll pay a fair price – in cash – and we can close in as little as two weeks. That means nothing comes out of your pocket (not even closing costs), the condemned status of the property is off your plate, and your stress level goes way down.
So if you don’t want to deal with the hassle of repairing or demolishing your condemned property, call Mitten Made Properties at (248) 883-3340 to learn more.