Unfortunately there are lots of abandoned houses in New Orleans. Obviously when houses are abandoned they deteriorate and lose value while also making the neighborhood less desirable. We love buying houses like this as it allows us to improve the house and add value while also improving the neighborhood. This house we are buying in Algiers was one of those abandoned houses. You can watch the video of our founder Steve Keighery talking about the situation with this house or you can read the video transcript below.
Hey guys, Aussie Steve here from Home Buyer Louisiana, we buy houses in any condition in Louisiana. I’m here at a property we’re looking to purchase. We’re on the West Bank of Orleans Parish.
The seller had reached out to us. The house is in really bad condition. There’s a mortgage on the house, and the house has been vacant for a while. If the mortgage company finds out the house is vacant, they will winterize the property because they need to protect their asset. This is understandable as when a house is abandoned, no one is going to look after it; it deteriorates. The bank, being concerned about their asset, will send someone to winterize the property and make sure the pipes don’t freeze, all in a bid to protect the asset.
For this property, the owners really needed to sell it as it was abandoned. So, they reached out to us, and we’re looking to buy it. You can see it’s in a pretty bad state. They left some stuff behind and so much trash. That’s okay because we buy houses like this in as is condition. We just need to clean them out.
Obviously, this house is very far from being ready to be sold through a realtor. There is no way realtors can show this to a homeowner. So, they really need a cash home buyer and investor. Someone like us who’s happy to come in, fix the house up, clear out all the trash, and do a full rehab of the property. That’s okay because we do that sort of stuff.
So, if you’ve got a house you want to sell, it could be really bad, like this, and it may not necessarily be this bad, reach out to us. We also buy better houses, but truthfully, if your house is super ready for a homeowner, you should use a realtor. It’s going to be the best bet as you’ll get someone using bank finance, and you will get more money from them. But if your house isn’t ready for a homeowner to move into it, then calling a direct cash buyer like us can be a really good option. There are no realtor fees. You just sell the house in as is condition. There is no need to clean it up or fix anything. We’ll buy it, pay you cash, and go to closing. Then we’ll come in, clear it out and fix it. This is what we do.
So, if you want more information, visit our website Homebuyerlouisiana.com. You could also give us a call. We’re happy to discuss your property or situation.
Have a good one. Thanks so much guys.
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