Termites are little insects that feed on wood. When they gain access to your home, they destroy and ruin the structural integrity of your home. They cause damage that leads to costly repairs.
If you’re planning to sell your house, but discover it has been damaged by termites, how do you sell it? That’s a valid concern, but you can sell your home even with termite damage if you know the best step to take. Continue reading to learn more!
What are your options for selling a house with termites?
When trying to sell a house infested with termites, there are three major options you can try. Just remember to go for any option that’s most suitable for you. However, some factors determine the option you choose such as your budget, how serious the damage is, and how fast you want to sell your home. These are the options below:
- Repair the damage
One of the available options is to repair the damage the termites have caused before listing your home. Before you embark on this, you must ensure you’ve gotten rid of the termites in your house. This is so you don’t repeat the repair process all over again. You can get termite treatment at a reasonable price, depending on the size and extent of the infestation. Before you proceed with the treatment, get an estimate of the total cost as this will help you plan your budget.
Next, you proceed with the repairs. If termites have damaged the walls, floors, and other things in the house, then you have to spend a lot to restore the structural integrity of the house.
Although this process may cost a lot, the good part is that you’ll be able to increase the value of your house and help you sell your house fast at a good price.
- Try listing your house with the damage on the open market
You can sell a termite-damaged house on the open market, however, you need to be transparent with the buyers. You have to disclose the condition of your house to your buyers including the issue of termite damage. This could save you from future alterations or lawsuits with your buyer. So, be transparent as possible and let your buyers know what kind of repairs they’ll be making in the house.
This option doesn’t work for most homeowners because their houses might not sell fast due to the damage. However, it all depends on your buyer. Most buyers do not view termite infestation as a serious problem that could impede the transaction.
- Sell your house to a cash house buyer
Selling your house to a cash house buyer is another option many homeowners opt for. If you don’t mind taking a slight loss on the sale of your house, this could be the best option for you. Cash house buyers buy your house at an agreed price and then proceed to make repairs and make it ready for the market.
Buying a house as-is is like an investment for cash house buyers because they’ll get back all the money they spent on renovations and repairs when they finally sell the house. However, you should still be transparent with your cash house buyer when selling to them.
Conclusion
Termites are very dangerous insects, they can cause injuries to humans and be destructive to the structural integrity of your home. Not to worry, you can still sell your house termite damage.
If you’re looking to sell my house fast Birmingham, you can count on us at Chase Pays Cash For Houses. We’re your reliable cash house buyer in Birmingham and will offer the best price for your home. We will make all necessary repairs and renovations after buying your home so you don’t have to spend your money.
Contact us today to learn more about our services!