I didn’t realize that they would purchase a house that was not yet completed or even liveable
A few years ago, my husband and I bought property on the outskirts of Jacksonville. The property is located a significant distance from any amenities. The area was just beginning to see development. We planned to build a house and hoped the property would steadily increase in value. Right from the beginning, we had all sorts of problems. We struggled to get approved for the bank loan, had difficulty securing permits and argued over the floorplan. To save money, we were prepared to handle most of the construction on our own. We ended up renting quite a bit of machinery and the expense added up very quickly. We got into trouble laying the foundation and made some major mistakes when framing the house. Everything we ordered, from lumber and drywall to windows, doors and appliances cost way more than anticipated. There were also continuous delays. While working on the house, we were living in an apartment. That meant we were paying rent and also attempting to cover the non-stop investment into the new house. We splurged on luxuries that we couldn’t afford. It turned into a huge nightmare. Eventually, it was obvious that we would never finish the house. We didn’t have the budget to cover the remainder of the project. Our lack of knowledge and skills had made a mess of vital components. I had no idea how we would go about selling an unfinished house. My husband came up with the idea of contacting a cash home buyer. I didn’t realize that they would purchase a house that was not yet completed or even liveable. We filled out an online contact form and received a cash offer within a matter of hours.
