Selling a House in Poor Condition in St. Ann, MO
Selling a house in poor condition in St. Ann, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to deal with repainting, cleaning, and staging for a traditional buyer, or are wondering how on earth you’re going sell a house with considerable asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We pay full value, in cash, for as-is homes in the St. Ann area, and can close in as little as a month. No matter what shape your house is in, we will make you an offer. If you’re selling a home in poor condition in St. Ann, MO and want a stress-free solution, call Evervest today at (314) 730-0366 or tell us about your property online.
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When Is a House in St. Ann, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact phrase. To some, it may mean a house that is unlivable, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can be broken down into three categories: homes that are uninhabitable, houses that need significant work done, and houses that just need some fine tuning:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home has to. Examples of uninhabitable houses include:
- Serious Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Significant foundation issues
- Termite damage
- Considerable electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but not ideal. Houses in need of major fixes are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small issues with the foundation
- 3. Houses that need aesthetic fixes or are otherwise undesirable — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off because of other issues:
- The house is in bad neighborhood
- It’s a rental and you have bad tenants
- It’s an outdated house
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Untended grass
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in St. Ann, MO, it will be much harder than selling a house that’s already in pristine shape, but you do have some options.
Selling a House in St. Ann, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house to live comfortably in right away, not one they’ll have to put work into, or hire someone to bring it up to par after they’ve already spent money on the house. While selling a home that is already turnkey property is easier to a traditional buyer, there are still ways you can sell your St. Ann, MO house in poor condition:
- Do a complete remodel — This is the way to secure the most value for your house on the conventional market. However, you might not get back the cost of the repairs in the sale. A complete house remodeling costs between $17,942-$78,270. According to national resale report, most repairs only get a 50-70% cost recuperation. For example, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While making significant repairs will likely fetch the highest bid for your house, you probably won’t recoup all the money you spent on repairs. The upgrades will also take time, and it could be months or even a year before you can list your house on the St. Ann, MO market.
- Make cosmetic repairs — Another thing you can do is simply make your St. Ann house more attractive. Curb appeal by itself can increase a home’s value by almost 10% or more. The cost of cosmetic upgrades is not nearly as much:
- $153-$929 for a light fixture
- $161-$363 for new faucets
- $1,2000-$3,900 to repaint a home’s interior
- $350-$3,500 to refinish cabinets
While the return on investment isn’t very high either, you’ll be giving up considerably less money than if you do a full renovation. The aesthetic upgrades will lead to a higher offer, though not as much as the first option.
- Sell your home “as-is” to a traditional buyers — There are some traditional buyers who will buy a property in poor condition in an effort to spend less upfront and slowly repair the house over time. Those will be harder to find, and they’ll still want an empty house that’s well-staged when they see it. That alone can lead to you spending more money.
- Sell in its current condition to an as-is home buyer — Lastly, you can sell your house to a company that pays cash for St. Ann-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make all the necessary repairs and upgrades ourselves and sell the property at a slightly higher value. Our process is stress-free and gets money in your pocket in as little as 30 days:
- We carry out our own inspection
- We give you the highest offer we can while still setting ourselves up for a profit
- When you accept our offer, we can have a contract ready and close in as little as a week
Our process puts no pressure on you and gets you fair value for your property. You won’t have to deal with dozens of people coming in and out of your home. The only person you’ll have to see is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to vacuum the carpet before we do our inspection.
Our team is made up of a professional St. Ann, MO real estate broker, and a construction crew with over three decades of experience. We are always honest to St. Ann, MO homeowners about how much their property is worth, and how we came to that number. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and improve our St. Ann neighborhoods.
If want to learn more about selling your house in poor condition for cash, get in touch with us at (314) 730-0366, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in St. Ann, MO: Frequently Asked Questions
Almost one-third of American home purchases are paid for with cash, according to a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most people in St. Ann, MO who call us still have questions about the process. The following are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately sometimes. There are dishonest people in this world who try to trick others for money. But selling to Evervest is not a scam; we are intent and intentional about our integrity and dedication to our communities. If you have any doubts, you can look at our client testimonials and our A+ score with the Better Business Bureau®. You’ll see proof of funds before you sign, and in 20+ years we have never written a contract that we didn’t close on due to us backing out of the deal spelled out in the contract.
We grew up in the St. Ann, MO area, and are proud to raise our own kids where we grew up. We’re not trying to be dishonest with any of our neighbors.
How do I know the true value of my home as-is?
We always strive to give offers that we truly believe are fair. The value of your home will depend on numerous different factors, including what St. Ann, MO neighborhood it’s in, how big it is, and how expensive making all the repairs might be. The more the repairs, the more it’s value will go down. Still, there are many ways you can find out how much you should get for your as-is property. There are numerous web pages, like Zillow, that offer approximations of your homes value. You can also consult with a professional assessor who can give you their professional opinion.
Can I sell my house if there’s a lien on it?
Yes. We’ve purchased houses from homeowners who owe back taxes and have houses in foreclosure. Selling a home for cash is a great way to get the money to pay off your debts quickly.
Do I get paid in actual cash?
No. While it might sound fun to have bags full of cash, we’ll wire the money to your account. “Cash buyer” means we’re using our own money to cover the full purchase of the house, and aren’t taking out a loan.
Other types of properties we buy in St. Ann, MO include:
- Selling a Fixer Upper Home
- Cash for Ugly Houses
- Sell Your House During a Divorce
- Selling a Rental Property
- Selling a Home with a Reverse Mortgage
- Selling a House Without a Realtor
- Selling an Inherited House
- Selling a Home in Pre-Foreclosure
- How to Sell a House That Needs Major Repairs
- Selling a House As Is
- Home Investors
- Cash For Houses
- Buy My House
- We Buy Houses For Cash
- Sell My House
- Cash for Homes
- Sell My House As-Is
- Sell My House For Cash
- Sell My Probate House
- Sell My As-Is House
- Sell My Outdated House
- Sell My Inherited House in Greater St. Louis
- Sell Your House Fast
- How to Sell Your House
- Sell My Home Preforeclosure
- Sell My Home Now
- Rental Property Buyer
- Cash Home Buying Company
- Investment Property Buyers
- Foreclosed House Buyer
- House Buying Company
- Fast House Buyer
- Probate House Buyer
- Condemned Property Buyer
- House Buyers
- Property Buyers
- Cash Home Buyer
- We Buy Houses in Greater St. Louis
Selling a House in Poor Condition in St. Louis, MO | Evervest Home Buyers
Selling a house in poor condition can be difficult, but we can offer a solution. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO residents get full value for their properties. Don’t let an old property keep you down; turn it into a jumping board to the next phase of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or contact us online.