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616-379-3099

Stephanie Lashuay

As a realtor, we walk through a lot of flips. This company went above and beyond, hired excellent people and gave a great value in a competitive seller market. My clients were thrilled. I enjoyed working with their very competent listing agent. It was a win/win for all. I hope to be doing another deal with this stellar company again soon!

Can You Sell a House With Mold?

Yes, it is possible to sell a house with mold, but you must disclose the problem to potential buyers before selling. Let’s break down what a mold problem means for you and your home, and how you can sell a house with mold fast.

Can You Sell a House with Mold?

If you’ve noticed signs of mold in your house — damp or peeling wallpaper, dark spots on your walls and ceiling, flooding damage, musty or foul odors in your heating system — the good news is you can still sell your home. If you can’t deal with the mold before you sell, it’s your obligation to disclose the mold to potential buyers. If you’re able to take care of the mold before you sell your home, you’re likely to have more luck finding a buyer. However, there are plenty of situations where dealing with mold problems first isn’t an option. Assessing and treating mold in your home can get expensive, fast. It also can take time to find all of the mold and get rid of it completely. If you need to sell a house quickly, or don’t think you can afford the repairs your home needs, you’ll need to sell your house with mold.

Disclosing the Problem

If you plan to sell a house with mold, you’ll need to disclose the problem to potential buyers. You should put it in writing to make sure any interested buyers are aware of the extent of the mold so you’ll be protected from any liability. You might consider consulting a legal professional to make sure everything is clearly stated. Although most buyers and lenders will be wary after hearing the news, it’s still possible to sell a house with mold. Keep in mind you may need to adjust the selling price to help buyers see the home’s potential beyond its problems.

How to Sell a House with Mold

To sell a house with mold, your best bet will be to secure a cash offer you can trust. You can either wait for the right buyer to find you or, for a quick and hassle-free sale, sell your house for cash to a real estate investor.

Sell Your House Fast for Cash

A cash sale means the buyer has the funds available to purchase your home in full, right now. They don’t rely on a bank to secure financing, which means cash sales often close faster than traditional home sales. Also, many lenders will not grant a mortgage for a house with mold, so a cash buyer will be your best option. If you can find the right cash buyer who is willing to overlook the mold, other fixes your home needs are likely not to deter them either. Whether your home needs expensive repairs or just a bit of TLC, a cash sale could help you sell a house with mold.

Sell Your House to a Real Estate Investor

Another way to sell a house with mold is to sell to a real estate investor. Real estate investors are more interested in the potential of a home than its current state, and will offer you a fair price based on its real market value. They prefer to close on home sales quickly, in cash, so you don’t have to wait for a bank to approve financing, or go through a long closing process. If you sell a house with mold to a real estate investor, you can sell quickly without having to spend money to fix up your home or deal with the mold yourself. If you’re struggling to combat mold in your home, know that you do have options. If you’re trying to sell, but can’t seem to find a buyer given your mold concerns, Hometown Development can help. Give our team a call to talk through your options today.

4 Things to Know about Investing in a Real Estate Company

Investing in a real estate company can be an excellent way to expand and diversify your portfolio, draw in steady profits, and experiment with long and short term investments — all without having to buy property yourself. If you’re considering branching into the investment world of real estate, there are a few things you should know. 

#1 Investing in a Real Estate Company is Passive Income

Investing in real estate is already very hands-off — you can expect steady returns from appreciation and tax deductions — but investing in a real estate company is even easier. Owning and managing property requires time and money to maintain, but when you invest in a real estate company, they do all the work for you. 

You spend your time and money researching real estate companies that will make great investments, then sit back and enjoy the fruits of your minimal effort.

#2 There are Diverse Ways of Investing in a Real Estate Company

When it comes to investing in a real estate company, there are many ways to get involved. You can invest in a development, construction company, real estate investment firm, real estate crowdfunding opportunity, or a real estate investment trust.

When investing in a real estate company, you can identify the company that will provide the best returns over time by comparing their projects and performance. For example, a real estate investment firm with a strong presence in their local community, that is dedicated to quality work and building trust with their clients and investors will be a safe long-term investment you can expect to deliver excellent results year after year.

#3 Investing in a Real Estate Company Can Deliver Above Average Returns 

Investing in a real estate company is not only easier than buying and managing your own property, it can also be more profitable — depending on how you invest and who you invest with, of course. Real estate investments are a great way to increase cash flow, and when you invest in a real estate company that works with a large number of properties, you enjoy these benefits on a grander scale. 

Depending on the real estate company you invest with, you can expect short term returns from buying and selling property or long term returns as developments or projects appreciate in value. Either way, investing in a real estate company can deliver better returns than traditional real estate investments like buying property yourself.

#4 Investing in a Real Estate Company Can Be Relatively Low Risk

Compared to investing in the stock market, investing in a real estate company is relatively stable. Real estate companies are comfortable operating in the fluctuating trend of the real estate market, and know when to buy and when to sell properties to capitalize on their investments.

Real estate companies are experienced in choosing the properties that have the most potential. They can identify profitable investment opportunities and bring the results of that expertise back to their investors. By investing in a real estate company, you are making a safe bet that they know the real estate market and will make the best decision for you and their company’s bottom line.

Ready to invest in a real estate company that can provide above-average returns? Talk to the team at Hometown Development.

John Yowaish

My mother recently passed in October. Her and my dad had owned the house for many years. Everything needed to be updated. We sold our childhood to them and they have done an excellent job. Gabrielle is excellent..she has been sending updates as the house is getting ready. I would definitely recommend them with no hesitation

Licensed Contractor

Licensed Builder
Licensed Real Estate Agent

All closings performed by Bell Title
Meghan Vandenhout 616-942-8955

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