October 28, 2020

We bought this Algiers property that was in very bad condition

We bought this Algiers property that needed a lot of repairs. The house needed a significant rehab with lots of holes in the walls and floors, cracks and belongings to clean out. The house had been vacant for several years and at one point there were squatters living in it. While the house needed a lot of work, it also had a lot of potential as well. It was a classic New Orleans house with high ceilings and while most people see all the issues we see the potential. We buy houses like this all the time and enjoy putting our time. money and expertise into bring it back to its former glory.

Houses that need repairs like this generally need to be bought by a cash buyer as the banks won’t offer financing on properties in this condition. We buy with cash in As Is condition so you don’t need to make warranties or be responsible for the condition of the property. This also allows you to sell your house fast as we don’t have all the bureaucracy associated with getting finance approved.

The owners of this property had intended to repair the house themselves but had never got around to it. In the meantime they were paying taxes while squatters and time was eroding the value of the property. In the end they decided to just turn the house into cash and move on with their lives. They were really happy to sell the house and be done and we were happy to have a new project to work on.

If you know someone that has a house like this needs lots of repairs in Louisiana then let them know that Home Buyer Louisiana could be a good buyer for them. We also hold rentals and don’t mind buying houses that have tenants (even if they are bad tenants). We are always happy to offer advice on different options you have to sell your house so don’t hesitate to reach out to us to discuss your situation.

Watch the video to learn more about the property and the situation or read the video transcript below…

Hey everyone, it’s Aussie Steve here from Home Buyer Louisiana. We buy houses in any condition in Louisiana. I’m here at a property we’re purchasing on the West Bank of Orleans Parish. It’s a double, and it’s in pretty bad condition. It’s been vacant for a couple of years, and at some point, squatters were living in it, so it definitely needs a lot of work. But that’s okay—these are the types of houses we buy. We put in the work and add value to the property so we can either put tenants in it or sell it to a new owner.

The building itself has really nice bones—you can see the high ceilings, which are a great feature. We’re in Algiers, which is actually a pretty good area, but the house just needs a lot of attention. It’s going to be beautiful when it’s done, but it requires a fair bit of money, time, and effort. There are holes in the walls, probably needs a new central AC system, and there are cracks and even holes in the floor—I have to be careful where I step.

Even though it’s in bad shape, I see the potential. I can already picture how beautiful it’s going to be once we’re done. These are the kinds of houses we like to buy—the ones where we can really make a difference. Sure, we also buy nicer homes, but we enjoy putting our time, money, energy, and skills into properties like this to bring them back to life.

A house like this really needs to be sold to an investor for cash, because banks won’t lend on a property in this condition. That’s where we come in—we’re happy to buy homes like this for cash and take on the challenge of renovating them. It works out for everyone involved.

If you have a property you’re looking to sell—whether it’s damaged like this one or maybe it’s something you inherited and don’t want to clean out—we’re here to help. You can sell it in as-is condition. Reach out to us at Home Buyer Louisiana. Even if we’re not the right buyer for you, we’re always happy to talk and give you some advice on your options.

Thanks, guys!

Let us know if you are selling a house in Louisiana

If you know anyone looking to sell their house in Louisiana let them know we are buying. We buy houses all over Louisiana but have a particular emphasis on Greater New Orleans,  Metairie, The Westbank, The NorthshoreBaton RougeLafayette  and the Mississippi Gulf Coast. If you are selling a house in those areas reach out to us for an obligation free cash offer on our house.

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