Selling a house is already a big deal, but selling it when it has a judgment isn’t any easier.
But it’s still possible to sell your property with the right tools and resources. If you find yourself asking, “Can I sell a house with judgments in Boardman?” read on to learn how.
How Do I Know if I Have a Judgment on My Boardman House?
A judgment is different from a lien, which you agreed to take on in exchange for getting a house. It is a “nonconsensual lien,” which means it is attached to your property without your permission. A judgment lien happens when someone wins a lawsuit against you and records the money judgment.
Some judgment liens might include those for:
- Bankruptcy proceedings
- Child support
- Damages for a personal injury or personal property lawsuit
- Property tax liens
Can I Sell My Boardman Home with Judgments?
Generally, you have to pay the judgment lien to get rid of it. Then you can sell your house without a title search showing a claim. Unfortunately, it might not be the best option for you if you can’t afford to pay the lien. That, or you might be in a hurry to move out due to a sudden move or financial difficulties.
Selling the Boardman House As-Is
It’s still possible to sell a house with judgments without paying for them, and that is by selling “as-is.” A house being sold “as-is” means it is sold in its current condition with no renovations, repairs, or improvements. Most people list their property “as-is” because they can’t afford to do the work or pay off the judgment attached to the home, and they need to sell it quickly.
The con of selling a house “as-is” is obvious—no one might want to shoulder the judgment when they buy the property. The buyer might think they’re getting a great deal, but they might end up throwing away their money.
You must also be prepared to not receive the full value of your property by selling as-is. Your home will sell for the current market value, and it could be lower if your house is in need of repairs or renovations. Any potential buyer might also negotiate for a lower price, especially since the property has judgments attached to it.
Selling Your Boardman House for Cash
In this case, selling to a Boardman cash home buyer might be your best option. Cash sales are generally fast as cash buying companies don’t have to go through approval for a loan. Many of the common headaches and uncertainties of selling a house, like staging, showings, and appraisals, are a thing of the past when you work with a cash buyer. Once you accept their cash offer, the closing process usually takes an average of two weeks.
A cash home buyer’s offer may be lower than what you could get in a traditional sale, but you’ll save on commissions, concessions, and prep work. These types of buyers will even help you with closing costs and other expenses associated with closing.
A flexible schedule is another benefit of selling for cash. A cash buyer is more likely to delay possession after closing if you need to close on your next home before moving.
Lastly, cash home buyers will buy your house as-is. You don’t have to spend on repairs and renovations. The best part is that they accept properties with judgment liens. They’ll take on the judgment attached to the property on your behalf.
Get Cash for Your House Today
At Access Homebuyers, we are here to help if you keep telling yourself, “I want to sell my Boardman OH house fast” but can’t seem to find a speedy solution for your goals.
We’re passionate about helping homeowners like you no matter what. There are many reasons why homeowners may need to sell their homes in a non-traditional way, from needing cash now, inheriting a house they don’t want, downsizing, or needing more space.
No matter what, we’re here to help. We’ll buy your house in any condition, even if it needs major repairs. We’ll give you a fair cash offer in 72 hours and transfer your money in as little as two weeks.
Get a cash offer on your house today. Leave us a message or give us a call at (330) 708-7077.