I spend a lot of time evaluating Stockton Real Estate, you might say it’s my passion, but it’s also what I do for a living. As a Stockton real estate investor in Stockton, I look at approximately 150 to 300 properties each month and some things, as much as you would like them to, don’t increase the value of your house.
In fact, I can say with certainty that the number one reason that a houses diminished value goes hand in hand with its current condition.
In fact, ignoring the most needed maintenance and repairs to a house will actually get more expensive as time goes on. It is also safe to say that when houses are left in a state of disrepair for a period of years rather than days, weeks or months, other serious damage and problems arise that also cost serious money to fix.
So, while I make a living buying and fixing real estate, it never ceases to amaze me that some people think property values are virtually unaffected by their houses current “as-is” and often awful condition. It also seems to shock them when I tell them that their houses value has more to do with its current as-is condition then probably anything else and that potential has no cash value to an investor.
So I have learned three things as a Stockton Real Estate investor: 1) I am not a speculator, I am an investor, so I make cash offers on Stockton Real Estatefor real value not potential value, 2)When people call me with problem houses, I always ask if they have talked with a Realtor regarding their properties value (I’d rather not be the messenger that gets shot) and 3) I tell them that I buy houses based on their houses current condition MINUS repairs.
So, while your Stockton house may have sentimental memories and value for you, it may be a serious challenge for me to make you an offer knowing that your house is in serious need of repair. It may also be a serious challenge for you to hear exactly what I have to say, but what the heck, I will make you an offer as long as you realize that the following list will not make your house more valuable.
Holes in the wall: It doesn’t matter who made them
The Indoor laundry Room with virtually no outside wall:
The cracks and holes in the foundation:
The Dry Rot supporting the New Bathroom tub:
The Blue Tarp covering the 50 year old Roof that needs to be replaced:
40 Year old windows with holes and counter weights:
The Kicked in and rusted out Front Security Door: Curb Appeal
The Fact that the house is on a double lot in Central Stockton: The original house was built in 1946, if no one has built on the extra lot by now… they never will.
The 10 year old leak under the Kitchen sink:
Pad locks on each of the Kitchen Cabinets:
Electrical Panels and Junction Boxes with 50 year old fuses:
It’s no secret, as an Investor in Stockton, I get to see it all, but I also understand that I am not the person of first resort when it comes to buying a property that needs a lot of work. I am the person of last resort, as people call me when they need to sell a house that NO ONE ELSE wants to buy. People call me when the realtor scratched their head because they don’t know how to show the house in its best light.
Lets be clear, people call me when they want to sell their unwanted Stockton House quickly and without having to clean up or make repairs. People call me when they want Cash for their house now.
My name is Peter Westbrook and I buy Houses in Stockton in any condition. I Pay Cash and I can close quickly. Call me at 209-481-7780 and I will talk to you personally.