Selling Non-Standard Construction Houses – Is It Possible?
If you are planning on selling your property, there are obviously a variety of factors that make it difficult to secure a sale quickly. That is, as long as you have a property built from traditional and standard materials such as stone or brick walls with a tile or slate roof. If your home is made with anything different, it may be that you are not able to sell your home at all.
Why is it harder to sell these homes and what alternatives are open to if you have a property constructed by concrete or another non-standard material. That’s what we are going to discuss in the following post.
What Are Common Types of Non-Standard Homes?
The most common non-standard homes are those featuring prefabricated concrete, timber frames and log-style cabins. For instance, there are approximately one and a half million homes made from prefabricated that were, for the most part, had been built during the period following the war to ensure people had affordable forms of housing if they lost theirs during the Blitz.
Although concrete homes were seen as being reliable and durable enough, the issues related to them were more apparent as time passed.
Lifespan of Concrete
One of the major issues with concrete homes is the fact because the steel used to bind the concrete together begins to corrode, cracks begin to appear. While it’s true that there is no clear indication of when this will start to happen because it is a possibility, underwriters find it harder to determine the risk to the house and that makes it harder to get home insurance on the property. This will obviosity cause problems when it comes to selling it.
It is for this reason, too that many mortgage companies will be reluctant to offer mortgages to pay for a non-standard construction home.
Lack of Demand for This Type of Property
Another huge problem you are likely to face if you are selling a non-standard construction property is that there is not much demand for it. As lots of people are now savvy to the fact that there are difficulties associated with owning concrete or timber-framed properties, they are less likely to buy them in the first place.
One factor that comes into play particularly is the fact that it is hard to tell how well a property has been looked after. When non-standard construction properties have not been looked after properly, they lose their value much quicker than ones that are looked after.
Alternative to the Property Market
Is there a solution? Are you just simply stuck with a non-standard construction property? Although it may seem hopeless, there are still options out there. Companies like Cash Home exist to buy properties for cash quickly. In particular, properties like non-standard construction homes.
As they do not operate as real estate agents and are not part of a property chain, the time it takes for them to complete the purchase of your home is much shorter than more traditional methods. They are also not put off by non-standard construction properties, because that has actually become one of their specialities over the years.
Over the last 20 years, the team at Cash Home have purchased numerous non-standard construction properties for cash. What’s more, like most of the transactions for the properties they purchase, the sale can be completed in less than a week.
So, whether you are looking to get a quick sale because you need to move or you just want to be freed of the burden of owning a property that is trickier to sell via more traditional methods, contact Cash Home today.