If you’re selling your home, there’s a litany of potential buyer notification requirements that you need to fulfill. A home is often one of the biggest investments you ever make. If you’re going to maximize your return, you need to know about potential problems, like lead paint.
The government outlawed this paint half a century ago, so can you sell a house with lead paint? You can, but it might present more challenges than a regular listing.
At Home Buyers of Savannah, we buy houses in Richmond Hill, GA and the surrounding area, including properties still covered in lead paint. Here, we explain what you need to do before listing an older home and how to access a hassle-free alternative.
Why Is Lead Paint a Problem for Homesellers?
Lead-based paint was common before 1978. The government banned it for residential use due to health risks, especially for children and pregnant women.
Lead in paint can cause a range of symptoms, ranging from gastrointestinal discomfort to developmental delays. Unfortunately, many older homes still have this paint on some surfaces. Often, layers of newer paint cover the lead material, so disclosure is important if you’re selling the place.
Do You Have To Remove Lead Paint To Sell the Property?
Can you sell a house with lead paint, or do you have to remove it first? Why not order a professional lead paint assessment to find out how much lead is actually present on surfaces throughout your home?
If, as you suspect, there is lead present, you can opt for lead paint remediation, an expensive and time-consuming process. However, it’s important to know that, according to the Residential Lead-Based Paint Hazard Reduction Act, you don’t have to remove lead paint to sell your home. The law only requires you to disclose the lead to any potential buyer.
How To Sell a Home With Lead Paint
Are you selling a home built before 1978? You must:
- Disclose lead-based paint on surfaces.
- Provide records from a lead hazard inspection.
- Give buyers the EPA pamphlet, Protect Your Family From Lead in Your Home, to explain the risks of lead exposure.
- Attach a lead-based paint disclosure form signed by you and the buyer.
- Allow 10 days for the buyer to schedule their own lead hazard inspection.
These steps comply with federal lead paint law requirements. Skipping them could result in legal trouble, even after the sale.
Home Buyers of Savannah’s Alternative for Homes With Lead Paint: Sell As-Is for Cash
Lead remediation may make the home more appealing and alleviate buyer concerns, but why not skip the hassle? Sell the house as-is to a cash buyer and save time and money!
Can you sell a house with lead paint? You can, with full disclosure, but you can also approach homebuying experts like Home Buyers of Savannah for a fair cash offer, even for homes with lead paint and other issues. You won’t have to jump through hoops, wait for inspections, deal with an extended house selling timeline, or spend thousands fixing the place up.
Sell to a local homebuyer in the Richmond Hill area! Contact Home Buyers of Savannah at 912-513-8744 to explore your options.
