Has your vacant house been tagged “Condemned” by the City of Richmond? Â That bright orange sticker can bring a homeowner a sense of dread. Â Has this sticker appeared on your property?
Did the house you just inherit come with a condemnation sticker?
Did the City of Richmond send you notices about starting the procedures to condemn your house? Â Usually, it’s a letter that arrives after the building inspector visits the property. Â You will find a list of items that need to be addressed to avoid the condemnation by a certain deadline.
A house that receives this sticker is ruled as inhabitable, and if you have tenants in it, they will be forced to move out.
I buy condemned houses
The very first house I bought had tenants living in the property just as the city was condemning the structure as unsafe due to all sorts of building code violations.
The Code Enforcement officer gave me a copy of the letter so that I would know what to fix after I bought the house.
The seller was a slum lord who cared less for the tenant than receiving his monthly check.
The house had illegal furnace, failing floors, roof leaks, electrical code violations and lots more. Â I spent at least $40,000 fixing the code violations on the house.
Usually, a homeowner who’s house is being condemned feels overwhelmed with the amount of repairs.
Does the inside of your house look something like this?
One house our team visited had a messed up kitchen like the one above.
This house was still occupied by a tenant, but this house would be condemned by the city.
Additional pictures show all sorts of building code violations that would require the forced evictions of the tenant.
This house will need at least $45,000-$60,000 in repairs.
A condemned house will cost you.
Does your house have code violations that will lead to condemnation?
The City of Richmond will demand that you correct these violations.
That can cost you a lot of money.
Another house I visited required nearly $80,000 in repairs. Â It might have been easier to simply tear it down and start new.
If you donâ€™t correct these violations you will be fined by the city government. Â If those fines remain unpaid, they will convert into Liens on the property.
If they still remain unpaid, it might be sent to the city attorney’s office who might get a court order. Â The administrative fees will keep piling up, plus court costs, and perhaps a rate of interest on the unpaid amount.
You will not be able to refinance your house or obtain a mortgage on it if you own it free and clear.
You will not be able to sell your condemned house to anyone who needs a loan.
You may not be able to sell your house with a real estate agent because the commission will be SO LOW that they may not even bother with you.
The only way to get rid of your condemned property is to sell your condemned house fast for cash.
We buy condemned Houses in Richmond Virginia
The good news is that the professional home buyers of SDP Partners Â LLC can help! Â They are one of many investors in the Richmond area who can buy houses for cash.
- You can sell your condemned house fast to us.
- You will receive a cash offer.
- You will not have to make repairs.
- You will not have to fix the code violations that caused your house to be condemned.
- You won’t have to pay any commissions to a real estate agent.
If you have a house with code violations in Richmond Virginia or the surrounding areas we can make you a no obligation cash offer for your house.
Take away the stress of your condemned house in Richmond and sell your house fast to us.
Your Next Step
Call Chris at 804-719-1489 during normal business hours on the East Coast.
Or fill out the form here and I’ll be in touch in about 24 hours or less.