How to Sell a Hoarder House
Do you own a hoarder house? Have you recently inherited property from a loved one? If so, selling the traditional way may feel impossible.
One of the possible emotions of owning a hoarder house is embarrassment. You may be saying to yourself - "How did I let it get this bad?" and "There is no way I am letting anyone see my house in this condition." The good news is, you have options.
Don't let it feel like a burden - find out how to sell a hoarder house fast in Knoxville, TN here.
What Is a Hoarder House?
A hoarder house is a property overcrowded with personal effects and debris.
Hoarding refers to the habit of saving and storing items with no organization. Hoarders don't easily get rid of things, which means things pile up and put everyone inside the house at risk.
Hoarding also puts a strain on familial relationships. Once a hoarder passes, they may leave their home to their children, who now have the burden of cleaning and selling the property. The result may be a liability at best, and a danger at worst.
Why Should I Sell My Hoarder House?
Of course, you don't have to sell your hoarder house, but you'll likely have to pay taxes and insurance on the property. Not to mention, hoarder houses aren't always up to code. Aside from being fire hazards, hoarder houses sometimes have water damage or mold.
If the house is uninhabitable, your city or county could condemn it. Selling your hoarder house not only frees you of legal liabilities, but it means a fresh start for your family.
How to Sell a Hoarder House
Clean and List the House
Start by cleaning the house if you're going about things the traditional way. While this is usually the hardest part of the process, it needs to be done first. If possible, you can always hire a cleaning crew to take some of the burden off.
Full-size dumpsters cost $500 to $700 per load. Do you plan on filling the dumpster yourself? That could take days per dumpster. Plus who will help you with the items requiring two people? If you don't plan to load it yourself, hiring a crew will cost around $1,000 per day. Keep in mind that many hoarder houses take five dumpsters or more to clean out.
The next step is renovating the house. Nearly all hoarder houses need renovations before listing. Hoarder houses can be unsanitary and neglected, so you'll need to make sure it's up to code. If you're selling a house with foundation issues or a termite infestation, you'll have to take extra steps to remedy the problems, or sell the house as-is.
As you would expect, repair costs can quickly add up, and you may not get back what you put into the house. Plus, making sure everything is market-ready could take months or even years.
Keep in mind, hiring a real estate agent could also mean paying commission fees, among other costs, to sell your home.
Sell to a Cash Buyer
Fixing up a hoarder's house can be a major challenge, as seen in the steps above.
Fortunately, selling to a cash buyer means they will buy your hoarder house without any prep, repairs, or renovations.
Most importantly, you will only have to show the house once in that condition.
At Reliant Home Buyers of TN, we're not phased by hoarder houses and can make you a fair cash offer for your home today! In the past 20 years, we've bought houses with all types of issues - from code violations to outstanding liens.
Plus, you won't have to wait months or years, because we can typically close in ten business days, though some closings can be expedited to a few days.
We Buy Hoarder Houses in the Greater Knoxville Area
If you're selling a hoarder house, your first step is to contact Reliant Home Buyers of TN. As cash home buyers, we work with property owners that need to sell their house as-is, fast!
Our three-step system is designed to be as simple for you as possible. With us, there are no closing costs or real estate commissions. You'll close when you want, as soon as you want - whether that's in a week or 30 days!
Here are a few other reasons you should sell to us:
- No clean-up - Unlike with a real estate agent, you won't have to clean up or clean out your house. You'll also save money by avoiding remodeling costs. Our home buyers will take care of anything left in the house.
- Choose your closing date - Getting your house market-ready can take months. With us, you can sell your hoarder house quickly and close within days or weeks. We have the means to make you a fair cash offer today!
- Skip inspections - With Reliant Home Buyers of TN, there are no home inspections. You won't have to pay for repairs either, giving you one less thing to worry about.
- There's no obligation - Not sure if you're ready to let go just yet? There's absolutely no obligation to sell your house to us. You're free to walk away at any time before signing.
Sell Us Your Hoarder House in East Tennessee
Owning or inheriting a hoarder's house can quickly become a financial burden. If you need to sell fast, our home buyers are ready to invest in your property today - at absolutely no cost on your part!
Call 865-567-6391 or fill out the contact form for more information.