3 Costly Home Repairs You Don't Want to Make

Home ownership can have its perks and it can have its headaches. One topic that can surely cause a lot of problems for a homeowner is the need to make costly repairs. Although the need for some repairs can wait, in some cases, a homeowner needs to fix an issue right away and may not have the money to invest in this needed fix. In this brief article, a professional homebuyer will discuss three of these types of costly repairs and one logical solution for homeowners in a bind. Remember, if you are looking for a fair offer on your home, a real estate investor is a quick phone call away. At Ethical Home Buyers, we buy homes for cash in Tampa, FL. 

Roof Problems

One of the most costly areas of a home can be the roof right over your head. There are a myriad of reasons why a homeowner would need to invest in repairs to their rooftop, including a leak, flashing repair, shingles repair or replacement, or installing a new roof. As you can imagine, depending on the age of the materials and the damage sustained to the roof, a roof repair can cost anywhere from hundreds to thousands of dollars. For major repairs valued at around $3,000 or more, many homeowners elect to invest in an entire roofing system or to contact a home investor. 

Foundation Problems

Similar to a roof system, a homeowner experiencing foundation issues should expect to invest a significant amount into the home if they do in fact want to repair the damage. If you do elect to invest in repairing the foundation of the home, this decision needs to be addressed immediately as the condition of the home can quickly deteriorate, putting everyone living in the structure at risk. If the home is beginning to show signs of cracking, a homeowner may be able to inject epoxy and fix up the place for less than $1,000; however, most homeowners will need to invest anywhere from $3,000 to $6,000 for moderate repairs. For more significant damage that requires stabilizing the foundation of the home, a homeowner can expect to pay as much as $10,000 or more for repairs.     

HVAC Problems

If you live in Florida, you need a working HVAC unit and fixing or replacing these important units can leave a homeowner strapped for cash. Generally, an HVAC contractor will charge over $100 just to make a service call, and that’s before discovering anything that needs to be repaired. According to homeguide.com, homeowners pay on average between $144 and $451 when they call an HVAC company, costs can go up significantly during emergency service calls or when critical components need to be repaired or replaced. If the whole HVAC system needs to be replaced, the cost can balloon to between $3,500 and $6,000.  

At Ethical Home Buyers, it’s our goal to help homeowners that are looking to sell their homes fast. Whether you have to move to another location, you own a vacant or undesirable home, or home repair expenses have gotten out of hand, we buy homes in Tampa in every condition. If you are interested in receiving cash for your home in a week or less, speak with a professional home buyer today.  

Are you tired of waiting for your home to sell on the traditional real estate market? Ethical Home Buyers can help! We buy homes for cash in Tampa. For more information, submit our contact request form or give us a call at (813) 458-7355.

Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.

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