Condemned Property
When a government entity deems a house or building unfit for habitation due to unsafe housing code violations or other hazards, it is classified as a condemned property. If you find yourself in this situation and need to sell a condemned property, Bheri Capital is here to assist you.
Understanding Condemned Property
For a property to be considered livable, it must meet certain safety standards, including functioning electrical outlets, adequate lighting, heating and cooling systems, proper ventilation, hot water, and a plumbing system. Homeowners, tenants, and family members share the responsibility of maintaining a clean, structurally sound, and pest-free dwelling.
If an inspector identifies hazards such as black mold, structural damage, or unsanitary conditions, the property may be condemned. Additionally, if utilities have been discontinued and the building remains vacant or boarded up for more than 60 days, it can be condemned by authorities.
It’s important to note that even properties in pristine condition can be condemned, especially if they are located in areas earmarked for construction or public use. For instance, an entire block of residential homes may be condemned to make way for a library or public park.
Why Sell a Condemned Property?
A condemned property cannot be sold as a habitable dwelling, and the land it occupies is often less valuable than vacant land. Owners may incur expenses for demolishing existing structures and disposing of debris. Selling the property quickly is often the best solution to avoid further financial strain and headaches.
How to Sell a Condemned Property
Selling a condemned property is a straightforward process with Bheri Capital. Simply reach out to us to schedule a free, no-obligation consultation. Our team will conduct a thorough assessment of your property and provide you with a fair cash offer. Unlike traditional real estate transactions, our offers are not impacted by costly commissions. Once you accept our offer, you can choose your preferred move-out date.
We Buy Condemned Properties
At Bheri Capital, we specialize in purchasing condemned properties across Raleigh, Rolesville, Apex, Chapel Hill, Garner, Morrisville, Cary, and other areas of North Carolina. Our experienced buyers recognize value where others may not, ensuring you receive the maximum cash value for your property. You can trust us to handle all legal and logistical aspects of the sale, providing you with a hassle-free experience.
Contact us today for a free, fast, and fair cash offer on your condemned property. Let Bheri Capital help you move forward with peace of mind.