Selling a House with Subsidence
If your property is experiencing subsidence or structural problems you are still able to sell it. However, It is going to involve more time and effort than an untroubled house. But it doesn’t mean that it’s impossible to sell, and we are here to help you do so.
What is subsidence and what does it look like?
Subsidence is generally defined as the situation when the ground underneath a property suddenly starts to sink. What’s more, houses are sinking at different rates and without any uniform direction. As a result, physical displacement on unstable soil can affect the foundations.
What does this mean? It means that part of the property will start to slump down into the ground. Ignoring the signs of sinkage or subsidence can lead to walls cracking, tilting the whole side of the house down, problems with opening and closing the door or the windows, wallpaper wrinkling and many more issues. In the worst scenario the structure may be at risk of collapse. Of course, this won’t happen overnight, it is a process, but you should act as quickly as possible to have the problem addressed.
If you notice any of these issues:
- Wrinkled wallpaper.
- Cracks around doors and windows.
- Cracks on the walls – visible inside and outside of the property.
- Problems with closing and opening doors/windows.
- Doors and windows are sticking.
- The whole side of the house are down.
- Cracks where an extension joins the house.
- In older properties sloping floors.
This can mean you have a house with subsidence and you should start acting.
Can I sell my house with subsidence?
If your property is exhibiting subsidence issues, then unfortunately you are going to find it very hard to sell. First, you have to accept that people don’t like problem houses. Mostly home repairs require money as well as a lot of time and hard work to fix the problem. For these reasons, your target market will be much smaller.
Should I mention about subsidence when I am selling a house?
Some sellers think they can get away from the problem. They decided to
wallpaper the cracks or repaint the walls of the house; this is just a cover for the real problem. Buyers will find out very quickly, and hiding these issues could have legal consequences. So you should definitely inform the buyers about the subsidence issue when selling your home.
What are the risks of ignoring subsidence?
Unfortunately, the occurrence of the problem of home subsidence is associated with a lot of work and money. In this situation, convincing yourself that there isn’t really a problem at all can be really tempting. Such thinking will postpone the problem but not solve it. Moreover, in the near future, ignoring of subsidence may be associated with:
- A risk of serious structural damage and even collapse.
- Higher home security premiums.
- Higher repair costs.
- Loss of property value.
How do I sell my house with subsidence? Who will buy my house?
Even if you own a subsidence house, a cash buyer can still offer you a solution for a quick direct sale. You don’t have to worry about a small target market. You don’t have to worry about subsidence repairs. This option also saves you time, work and it may save you money too.
With Gaffsy you can receive a competitive offer on your home. We buy properties with subsidence damage and we guarantee fast house sale.
Sell your house with subsidence to Gaffsy - advantages:
- Cash in your hands in less then two weeks.
- Sale guarantee.
- We certainly can buy your property no matter what the condition is.
- This option saves you time, work and it may save you money too.
- Skipping repair and the stress associated with it.
- Easy sale.
- We manage all aspect of sale.
- You don’t have to worry about a small target market.