Thinking about listing your old house on the market with an agent? You’ll end up paying a fortune for repairs. Consider the benefits of a cash buyer instead. We buy old houses in Greater Cleveland, Ohio in any condition for cash, as-is, regardless of the condition.
Need to Sell an Old House? We Buy Those!
We buy old houses in Greater Cleveland, Ohio for cash, as-is, and in any age or condition.
Old houses in Cleveland are viewed as much less desirable vs. newer built houses.
The stigma’s that they require a lot more repairs and have a lot of problems. This opinion seems to be growing as more millennials are looking for new, low maintenance properties with fewer repairs.
We are not most buyers. We buy old houses in Cleveland because they don’t scare us. The more work they need the better.
We are equipped to buy old homes because we are experienced in fixing them. We like projects. So we will happily buy old properties that need repairs or even ones that are in disrepair.
We will buy your old house 100% as-is, pay you cash, and close quick.
Also, be assured that we buy all kinds of old homes, including:
- Single-family houses that are old
- Duplexes, triplexes, quads, and apartment buildings
- We buy old houses that need repairs (major or minor) or are in disrepair
Get a Fair Offer For Your Old House
We will give you a fair offer for your old property in Cleveland. Our offers are based on:
- The value of the house in its current condition (based on actual home values in the area)
- The cost of the required repairs needed to make the property market-ready
We will buy your old house 100% as-is, pay you cash, and close quickly.
Click here to find out how it works or fill out our form below to get started
Why Are Old Houses So Hard to Sell in Cleveland?
Most people know that old houses are tougher to sell than newer houses on the Cleveland real estate market. Even though they may have more character they are less desirable. But why?
Most people feel that old houses have problems due to their age. It’s just natural. Old houses have inherent problems that develop regardless of how well you have maintained it.
You as a seller have to understand that buyers are nervous about old houses. They are nervous about existing problems and potential problems that come as houses age.
In turn, you need to be aware that buyers are going to be extremely diligent and call out all your house’s issues in order to protect themselves from buying a nightmare.
Some problems (and less desirable features) that may be more prevalent in old houses vs. newer houses include the following:
- Lead paint that is chipping and peeling
- Asbestos insulation
- Foundation issues including major issues, uneven floors, cracked walls, etc.
- Wood rot
- Lack of insulation
- Inoperable and low insulating windows and doors
- Major & expensive mechanical systems like HVAC, electrical, and plumbing that are at or past their useful lives
- Cosmetic and design short-comings such as smaller rooms, short ceiling heights, popcorn ceilings, wallpaper, etc.
- Pests including mice and termites
We buy old houses because we don’t mind projects and are able to fix them up.
FAQ About Selling a Old House
By far the fastest way to sell an old house is to sell it to a cash buyer. This is especially true if your house needs repairs or updates. Selling an old house on the multiple listing service will most likely require you to make costly repairs and updates to make the home appealing to market buyers. Major repairs will also be required to allow the buyer to get a traditional mortgage.
This work, alongside the typically long time line of a traditional home sale and closing will not be “fast”. Selling to a cash buyer will allow you to sell your house as-is (make no repairs) and close quickly (weeks vs. months).
Yes. With some exceptions old homes are typically harder to sell than newer homes. There are a few main reasons. First, many old homes have issues that naturally happen over time. Issues tend to come with age, regardless of how well a house has been taken care of. Components have life expectancies, like furnaces, electrical systems (also a safety concern in some cases), roofs, plumbing, etc. These will deteriorate over time.
Also, there are legitimate safety concerns around the building materials present in older homes that are now considered dangerous (lead paint, asbestos, knob and tube wiring). Second, even if the older home is in perfect condition there tends to be a stigma that older homes have issues, regardless if they do or not.
Buyers tend to like newer homes with less issues or perceived less issues. So yes it can be tougher to sell an old house vs. a newer house. Depending on the condition it may be easiest to sell it for cash to reduce the need to make costly repairs and updates.