Scott contacted us mid-summer 2016, about selling a home he had inherited from his mother. The home was located just outside of Riverdale, California, on two acres in the country. Scott lived in Lemoore, California, which was about 20 to 30 minutes away. He worked at a large factory in the city of Lemoore. He worked long hours.
The property Scott inherited from his mother was a nice property, however, the home was old and had not been maintained over the years, it needed a lot of repairs, and it needed to be updated and renovated. Scott’s mother was a little bit of a hoarder, so the home was full of all types of things that weren’t of much value. The cost alone of renovating, repairing, and bringing the home up to current standards was huge, But the biggest and most costly issue was that the water well had gone dry. It was so dry there wasn’t even mud at the bottom. So they are really wondering how to go about selling a Home When the Well’s Gone Dry.
How to Sell a Home As-Is When the Well Has Gone Dry – Lemoore Ca
When a well has gone dry, you have no other option than to drill a new one. In this particular situation, the cost of drilling a new well and adding new pump equipment was going to cost about $30,000. Scott did not have the time nor the resources to renovate the home and drill a new well. Scott had already determined that listing and selling the property through a real estate agent the traditional way was not the right option.
After our initial conversation with Scott, we did our research on the market and the surrounding area. We met Scott at the property, walked through the home and around the acreage. After inspecting the property with Scott, we presented him with our all-cash, as-is offer. He thought it was a fair offer, however, he wanted to give it some thought and explore other options. We stayed in contact with Scott over the next couple of months.
Selling to a Reputable House Buying Company In Lemoore Ca When Your Well Has Gone Dry.
After Scott had explored all his options, he contacted us and said that he would like to accept our offer and move forward. We put together a simple purchase agreement between Scott and our company, Central Valley House Buyers. We then opened escrow at a local, reputable title company, and closed the deal in about a week. Central Valley House Buyers stayed in contact with Scott throughout the renovation. Once it was complete we sent him photos of how the property had turned out.
Scott was very pleased with the work and happy to see what we had done with his mother’s home that she had left him. Another win-win situation – Selling a Home When the Well’s Gone Dry and selling to the best house buyer in Lemoore.
Selling a Home When the Well’s Gone Dry – Lemoore Ca
If you need to sell your home then call, text or fill out one of our simple forms at CentralValleyHouseBuyers.com
