We buy old houses in the Cleveland, Ohio area in any condition for cash, as-is, regardless of the condition.
Thinking about listing your old house on the market with an agent? You might end up paying a fortune for repairs. Consider the benefits of getting a cash offer from a cash home buyer instead.
Need to Sell an Old House? We Buy Those!
We buy old houses in Greater Cleveland, Ohio for cash, as-is, regardless of their age or condition.
Why Are Old Homes Harder to Sell?
Old houses in Cleveland are viewed as much less desirable vs. newer built houses.
They have a stigma 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.
Why We Buy Old Houses
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 properties because we are experienced in fixing them. We like renovation projects. So we will happily buy old houses and rentals that need repairs or even ones that are in disrepair.
Get a cash offer. 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 FairCash Offer For Your Old House
We will give you a fair cash offer for your old home or rental 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 a no obligation cash offer.
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
The answer is “it depends”. Most we buy houses companies are legitimate. However, like with everything there are bad apples. You should always look to make sure the company is legitimate, read its reviews, and ask questions to ensure they know what they are doing and that they are experienced in buying houses for cash.
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.
The easiest and fastest way to sell an old house, especially one that needs updating or repairs is to sell it to a we buy houses company.
We buy houses companies sometimes actively identify houses that might be a candidate for a sale. When houses are identified the companies use public record sources, such as the county assessor site, which provide the owner’s mailing address and information. Using these public record sources these companies are able to contact the homeowner.
The majority of we buy houses companies are credible who buy homes for a living. However, there are of course some individuals or company who may be inexperienced or worse. Like with any major decision you should do your due diligence. Make sure the company is legitimate, read its online reviews, and ask them questions about their experience and process. This will help to ensure they know what they are doing and that they are experienced in buying houses for cash. Also, always make sure that the company uses a title company to close and transfer the title. The title company will act as a legitimate, third-party acting to ensure everything is by the book. Never close without using a title company.