What is a distressed House?
A distressed house is a house that needs repairs. Most often it will need a new Air conditioning, new roof and plumbing. Also, in real estate a house that needs cosmetic work such as: new kitchen cabinets, flooring, faucet, etc. The flooring may need to be repair and or replaced. The yard may be overgrown and the grass may need to be replaced. With that said a home owner may be struggling to make all the repairs he house needs and can just sell as is to a cash home buyer so they can sell their house fast.
A cash house buyer can buy a house that is distressed because they plan to fix it and sell it once is in good condition. Or a cash buyer may opt to get it up to code and rent it for a long term benefit. The home owner doesn’t need even to clean the house and can just take what they want and leave what they don’t want.
A home seller can sell their distressed house fast and completely as-is. All you have to do is contact the home buyer and receive a cash offer on their house. The closing will take place with tittle agency and can be schedule either by the home buyer or home seller.