Selling because of code violations
Code enforcement runs on deadlines, and the fines do not wait. Once violations and citations turn into a lien, they follow the property and complicate any sale. Owners often freeze because fixing the violations costs more than the house is worth to them. Covent buys property with open code violations as-is and clears the violations and liens through closing.
Violations escalate on a clock: an initial notice becomes a citation, then a fine, then a lien or a condemnation order. A retail buyer will not take that on, and a lender will not finance a house with open violations. That leaves the owner stuck holding a property that is simultaneously unmarketable and accruing costs.
Yes. We buy with open violations and handle compliance after closing. Recorded fines and liens are paid off through the title company at the closing table.
We can still buy it. Tell us the status and we will price it accordingly, including as a teardown if that is what the property has become.
We buy across every market we serve, on our own balance sheet and through a network of over 500,000 active, vetted investors.