The Low Down on Code Violations: Is It Possible to Sell a House As Is?
Building code violations can get expensive, sometimes adding up to as much as $10,000.
If the house that you’re looking to sell has multiple code violations, you might be wondering what your options are. The good news is that viable options do exist. It is possible to sell a house as is, and it doesn’t have to be a nightmare.
Here’s the scoop on what it takes to sell.
Why Does My House Have Code Violations?
Sometimes, violations are obvious. If the home that you’re looking to sell has been vacant, you might be looking at aesthetic issues like an overgrown lawn, peeling paint, or broken windows.
Other times, violations can be hidden. Most home improvement and home addition projects require permits… but not everyone gets them.
Often, this is an honest mistake – and a common one. Structural engineer Rich Nolan says that “By far the biggest mistake do-it-yourselfers make is not getting the right permits.”
Here are some common code violations to look out for:
- Improper bathroom venting: If your bathroom vent leads anywhere that isn’t outside, it’s a violation. Sending humid air into an enclosed space (like an attic) can cause lots of problems, such as rot and/or mold.
- Misplaced smoke detectors: There are specific requirements for smoke detector placement. Ensure that you have enough smoke detectors, that they are in the correct areas, and that they are all in working condition.
- Missing handrails/returns: Every staircase in your home needs a handrail to be within code. On top of that, each handrail must have a return, meaning it must connect to the wall at each end.
Getting Your House Ready to Sell
If your house only has minor code violations, you may want to take care of those issues before preparing to sell.
Easy tasks such as increasing curb appeal and updating aged wallpaper can help get your home sold quickly. Check out this article for more tips on fixing houses that need repairs.
But you cannot simply take care of the aesthetic issues and call it a day. If the home has health or safety violations, sellers must disclose that to potential buyers.
Closing a deal without being forthcoming can bring legal trouble.
If you cannot take care of these issues yourself, consider hiring a contractor to help. You will have to pay the contractor for any corrective work, but they will be able to close the violations so that you may sell the house without any problems.
If you cannot take care of the issues yourself and you are unable to hire a contractor, you can still sell a house as is.
How to Sell a House as Is
Is it really possible to sell a house as is? The answer is yes, and in some cases, it might even be the easiest option.
Selling a house with code violations to potential owners can be tricky. As previously stated, you will be required to disclose any open violations.
This will scare away any potential buyers who are looking for a move in ready home. Because of the difficulties associated with selling dilapidated homes to potential owners, many homeowners in this situation opt to sell to investors.
We Buy Houses Stockton is one such investor in California that gives free market analysis and will make an all-cash offer on your home.
Benefits of Selling to Investors
Selling your home to investors can save you a lot of headaches. Selling to investors means that you don’t have to disclose any violations because they buy the home as is.
And since you don’t have to tell them about any violations, you don’t have to fix them, either. This is a great option for anyone who needs cash quickly or is looking to relocate right away.
In addition, you’re able to forgo all the costs associated with hiring a realtor, as well as inspection fees and closing costs.
Do Your Research
Some older homes are exempt from certain regulations because it would require major reconstruction.
But if you do receive notice of code violations, it’s important that you have a plan. If ignored, violations can lead to huge fines. If these fines go unpaid and the property is still in disrepair, the city may commission a contractor themselves and send you the bill.
In extreme cases, the house can be sold and the profits used to cover the fines. Or you may face prosecution by the city attorney.
Being in the know also applies to buyers. When considering whether to purchase a home, be sure to ask for permits.
You can also have a general inspector check the quality of any work that was done on the home.
That’s the Low Down
And that’s the low down on code violations! Basically, they can be scary. But you have options.
Whether you give the home some major TLC on your own, hire a contractor, or sell a house as is to investors, there are solutions when you’re faced with building code violations. Selling a home as is will put cash in your hands right away; if you’re feeling overwhelmed and need someone to take the issues off your plate, this might be the way to go.
This route also allows you to relocate quickly, leaving no strings attached. Those with tight schedules and parents of children in the school system know how important this can be.
If you’re looking for more information on selling your home, check out our advice for home sellers archives!