Yes! You can sell a condemned house in Maryland. However, you will often need to make repairs before you sell. Though, that’s not always the case.
According to the Maryland Real Property Code § 7-105.13, a dwelling is considered condemned if it is deemed unfit for human habitation or if it poses a serious health or safety hazard to potential occupants. This can include severe structural damage, hazardous materials within the premises, lack of utilities or sanitation facilities, or even repeated violations of building codes without adequate remediation.
Sellers frequently ask us if we can buy a house that’s been condemned in Maryland, so we decided to put together this article to outline what to consider when selling a condemned house and steps to make the selling process easier.
What are the steps to selling a condemned house?
To sell a house in Maryland that’s been condemned, start by understanding the reasons for condemnation and addressing lender required repairs with licensed professionals.
Consult local authorities to obtain necessary permits and make sure you comply with building codes especially when planning to sell your house. Clear outstanding liens and code violations, evaluate financial implications, and work with a real estate attorney to ensure legal compliance when considering the best way to sell your condemned property.
Decide whether you should hire an agent experienced with listing condemned houses, sell the property yourself, or sell directly to a “we buy houses in Maryland” company. Develop a transparent marketing strategy and consider selling “as-is” for buyers willing to undertake renovations.
Disclose the property’s condition and why it’s been condemned to potential buyers, negotiate selling terms, and close the sale with the assistance of real estate professionals.
Throughout the process, patience and diligence are essential. Selling a gutted house that’s been condemned may involve navigating various challenges and legal requirements. These can make your home sale take longer than selling a house that isn’t condemned.
Where to find Maryland buyers of condemned houses?
Finding a cash home buyer for a Maryland property that’s been condemned involves strategic efforts to attract those willing to take on a renovation project and deal with local government authorities.
Consider the following strategies when looking for someone who buys condemned houses:
- Target Real Estate Investors: Directly approach local real estate investors who buy distressed properties. Investors often seek opportunities for rehabilitation and may be interested in your condemned house.
- Utilize Online Platforms: Leverage online real estate platforms and social media to reach a broader audience. Highlight the property’s potential and the opportunity for cash home buyers to add value through renovation, attracting buyers looking for such projects.
- Hire an Investor Friendly Agent: Find a real estate agent with experience selling condemned houses. An agent familiar with distressed properties can tap into their network to connect with potential buyers who aren’t afraid of taking on major renovation projects.
Selling Condemned Houses in Maryland: Legal Considerations
When property is condemned in Maryland, there are several important legal considerations that must be taken into account when you are looking to sell.
First and foremost, it is crucial to understand the laws and regulations surrounding the condemnation process in the state. This includes knowing the reasons for condemnation, the rights of the property owner, and the proper procedures for condemnation.
Additionally, a thorough understanding of the disclosure requirements is essential, as failure to disclose pertinent information about the property could result in legal consequences.
It is also important to carefully review any contracts or agreements related to the property sale when you want to sell your house, and consult with a legal professional to ensure all legal requirements are met.
By being diligent and knowledgeable in addressing these legal considerations, one can ensure a smooth and lawful sale when deciding to sell a condemned property.
Selling a Condemned House Fast for Cash in Maryland
If you find yourself with a condemned house and thinking, “I need to sell my house fast,” you may feel overwhelmed and unsure of where to turn.
That’s where Creo Home Buyers comes in, a way to sell your house fast even if it’s condemned. As a trusted and reputable company, we understand the challenges of selling a condemned house for cash and we are here to help.
We offer fair cash offers for homes in any condition, including condemned properties. Our experienced team will work with you to find the best solution for your specific situation.
While it’s possible to sell a condemned house for cash on the open market, it will take time. Fortunately, there is no need to waste time and money trying to sell a property that’s been condemned with an agent!
Request a free cash offer from local Maryland house buyers today and sell your condemned house fast to Creo Home Buyers so you can move on to the next chapter of your life!
Selling Condemned Houses in Maryland FAQs
What are the grounds for house condemnation?
House condemnation typically occurs when a property is deemed uninhabitable due to various safety or structural concerns, such as extensive damage, a compromised foundation, or significant code violations that pose risks to occupants’ health and well-being.
What happens when a house is deemed uninhabitable?
When a house is deemed uninhabitable, it may be subject to condemnation, leading to restrictions on its occupancy or even mandated evacuation to ensure the safety of any potential occupants. Property owners in such situations may be required to address the identified issues or explore options for selling the property.
Can you still live in a condemned home while you wait for it to sell?
Living in a condemned home is generally not advisable, as the property is likely to pose significant risks to residents’ safety and well-being. In many cases, it is illegal to occupy a condemned property. Local authorities may prohibit inhabiting a condemned property to mitigate potential hazards and protect individuals from harm.