What Counts as "Major Repairs"?

Major repairs are typically structural, mechanical, or safety-related issues that significantly affect the home's habitability or value:

• Foundation problems or sinkhole damage
• Roof replacement needed
• Complete HVAC system failure
• Extensive plumbing or electrical overhaul
• Severe water or fire damage
• Mold remediation
• Structural damage from storms or neglect

Why Traditional Buyers Can't Help

Homes needing major repairs face a fundamental problem in the traditional market: mortgage lenders require homes to meet minimum property standards before approving a loan. A home with a failed roof, non-functional HVAC, or structural damage typically won't qualify for conventional, FHA, or VA financing. This eliminates the vast majority of buyers.

Cash Buyers Are Built for This

Cash buyers — particularly real estate investors — specifically seek out homes needing major repairs. They have contractor relationships, renovation experience, and the capital to handle large projects. They purchase the home as-is, manage all repairs themselves, and either resell or rent the property.

For you as the seller, this means:

• No repairs required before closing
• No contractor management or cost overruns
• A fast, certain close — typically 7–21 days
• No agent commissions

Understanding the Offer

The cash offer will be lower than market value — that's the tradeoff for selling as-is. The buyer is absorbing all the repair risk and cost. But when you compare the cash offer to your net proceeds after repairs, commissions, and carrying costs in a traditional sale, the gap is often much smaller than it appears.