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Sinkhole houses are common in Florida, but their popularity doesn’t make them easy to sell homes. As a homeowner, you can’t hide the issues. (The signs are apparent). And you’re required by law to disclose the problems with your house. So either you need to disclose the issue or make the necessary repairs. Both choices are complicated, and here is why.
Unrepaired sinkhole houses often see a significant fall in prices. It’s not surprising to see the values drop by 50%-60%. Let’s say your home is valued at $100k, but you discover a sinkhole! The value of your home goes down to $50k-$60k. Banks refuse to lend funds for such housing projects, which is why you can’t sell in the retail market. Homeowners rely on mortgages to finance a house, and if they can’t find a loan, they can’t make a purchase. Not all the time, but it becomes challenging to obtain homeowners’ insurance for unrepaired sinkhole houses.
Get in touch! We are local and friendly. Let’s discuss what you’re looking for and how we can help you. Once we have the basics, we can start crafting a fair offer for you.
You’ll get your cash offer within 24 hours. Our goal is to give you a fair offer that fixes your unique problem.
Once we have an agreement, we do all of the paperwork and close on your timeline.
“Thanks for everything!“
“We just completed the sale of our aunt’s house in Sun City Center. She was not able to live in the house any longer and we are out of state, so cleaning it out, fixing it up and selling it was daunting to say the least. We are so glad we decided to use YouPayZero. From the very beginning the staff was professional, helpful, accommodating and responsive to our every question and concern. We are so glad we chose you to help us. Thanks for everything!”
“Thanks for everything!“
“We just completed the sale of our aunt’s house in Sun City Center. She was not able to live in the house any longer and we are out of state, so cleaning it out, fixing it up and selling it was daunting to say the least. We are so glad we decided to use YouPayZero. From the very beginning the staff was professional, helpful, accommodating and responsive to our every question and concern. We are so glad we chose you to help us. Thanks for everything!”
Depending on the condition, it’s possible to repair your house. Grouting and pinning are two methods often used. You’ll need to consult a licensed engineer to know which way is best for you. Grouting tends to be less reliable and less expensive. Pinning costs more, but it stabilizes the foundation. With minimal structural damage, it’s possible to repair the house for under $15,000. However, if the foundation is not stable, the costs can run between $25k-$50k.
The project’s nature is such that you can’t go without taking build permits and certifications. These steps cost both money and time. Let’s say you spend thousands on protecting your home, and now you’re planning to sell your sinkhole house. What’s the situation now? You’ll still see appraisals and offers that come 10%-15% below the retail price. Prospective buyers fear buying a repaired sinkhole house, and many banks are still unwilling to lend money. Even after doing all this work, it’s not a guarantee that your home will sell for the right price.
Want to sell your sinkhole house in FL? Don’t worry, we can buy your home, and we pay fair cash prices. For the past several years, You Pay Zero Tampa has helped homeowners in challenging circumstances. Whether you own a sinkhole house or have just discovered significant issues, we can help you. We buy sinkhole houses in Tampa in any condition. The severity of the problem doesn’t matter as we buy houses regardless of the situation. We pay cash for houses; thus, we’re not dependent on banks or lenders. If we want to work with you, we can make the deal work in a few days.
We have bought several houses in your area, but don’t take our word for it. Please feel free to browse our website, online presence, or let’s meet for a cup of coffee. Selling a home is a big decision, and we understand that!
If you have any questions, we’re willing to answer them for you. Our team collaborates with local attorneys and title companies to handle the legal aspects of the process. The price, of course, is discussed with you before anything. You’ll know the exact price and closing dates before you accept our offer. And we pay cash so that speeds up the process and you can sell your sinkhole house fast within a few days.
We buy houses in ANY CONDITION in FL. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (813) 686-5404…
Or Give Us A Call Now At: (813) 686-5404
We buy houses in FL… including Tampa and surrounding areas and pay a fair cash price, fast. Sometimes, those who own property simply don’t have time to do all of the things to prepare a house to sell on the market… if that describes you, just let us know about the property and sell your house fast for cash.
We buy houses in Tampa, FL 33603 and all surrounding areas in FL. If you need to sell a house fast in FL, connect with us… we’d love to make you a fair no-obligation no-hassle offer. Take it or leave it. You’ve got nothing to lose 🙂
