Selling a House in Poor Condition in Wildwood, MO
Selling a house in poor condition in Wildwood, MO. Selling a house that needs major repairs can be difficult. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the traditional market, or are wondering how on earth you’re going sell a home with serious asbestos presence, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is properties in the Wildwood area, and can complete the transfer in as little as a month. Whatever type of repairs your home needs, we are interested in buying it. If you need to sell a home in poor condition in Wildwood, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or tell us about your property through our website.
What is Meant By a Home in “Poor Condition” in Wildwood, MO?
“Poor condition,” is an inexact phrase. To some house buyers, it may mean a house that is unlivable, to others it may mean the carpet needs some serious cleaning. Typically, houses in poor condition can fall into three group: houses that no one can live in, houses that need significant work done, and houses that need cosmetic updates:
- 1. Houses that you can’t live in — 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:
- Considerable Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Considerable electrical issues
- Significant roof damage
- 2. Houses that need major work done — Other houses can be lived in, but not ideal. Houses in need of major repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small issues with the foundation
- 3. Houses in need of cosmetic fixes or are other minor patchwork — Some houses don’t need major repairs done, but may turn traditional buyers off because of other issues:
- The house is in bad part of town
- You have bad tenants
- It’s an outdated property
- It’s been vacant a long time
- Crimes were committed at the property
- Stained surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re looking to sell a house in poor condition in Wildwood, MO, it will be much harder than selling a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Wildwood, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house they can envision themselves relaxing in, not one they’ll have to put work into, or hire someone to repair after the cost they put into the purchase. While selling a house that is already in turnkey condition is not as hard to a traditional buyer, there are still ways you can sell your Wildwood, MO house in poor condition:
- Do a complete remodel — This will secure the most money for your home on the conventional market. However, the repairs may not add enough value for you to remake your money. A complete home renovation costs between $17,942-$78,270. According to research from the national cost vs. value report, most repairs don’t even get a 70% cost recuperation. For example, the average bathroom remodel costs $27,164, but only adds $15,990 to your final sale price. While making significant upgrades will almost certainly get you the most money for your house at final sale, you probably won’t recoup all the money you put into the repairs. The upgrades will also add significant time to the time before you can list your house on the Wildwood, MO market.
- Make aesthetic upgrades — Another thing you can do is merely make your Wildwood house look nicer. Curb appeal by itself can boost a property’s sale price by almost 10% or more. The cost of minor upgrades is not nearly as much:
- $153-$929 for a light fixture
- $161-$363 to replace faucets
- $1,2000-$3,900 to repaint all the interior walls
- $350-$3,500 to refinish cabinets
While the return on investment isn’t very high either, you’ll be sacrificing substantially less money than if you do a full renovation. The added curb appeal will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the traditional market — There are some traditional buyers who will buy a house in poor condition with the hope of spending less on the down payment and incrementally fix the house over the years. Those will be more difficult to find, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. All of that takes additional time and money.
- Sell in its current condition to a cash home buyer — The final option is to sell your home to a company that pays cash for Wildwood-area homes. At Evervest, we give fair offers for homes in poor condition. Then, we make the repairs ourselves and sell the property at a slightly higher value. Our process is easy and gets money in your account in as little as 30 days:
- We carry out our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- When you agree to sell to us, we can write up a contract and complete the sale in as little as 7 days
The way we do things is not only fair and fast, but it’s entirely hassle-free. You won’t have to deal with dozens of people coming in and out of your home. The only person you’ll deal with is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to mop the floors when we come over to look at your home.
Our team consists of a professional Wildwood, MO real estate broker, and a construction crew with more than three decades of experience. We are always straightforward to Wildwood, MO residents 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 make a moderate amount of money and give Wildwood families a place to settle down.
If you’re interested in selling your house in poor condition to a cash home buyer, call us at (314) 730-0366, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Wildwood, MO: Frequently Asked Questions
31.4% of U.S. home purchases are paid for with cash, according to a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Wildwood, MO homeowners who call us still want to know more about the process. The following are some of the questions we get the most concerning selling a house as-is:
Is the cash home buying process a scam?
The short answer is: sometimes. The world has no shortage of liars. But there are no scams involved when you sell to Evervest; we pride ourselves on our honesty and commitment to our communities. If you have any doubts, you can look at our client testimonials and our perfect rating with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, and in 20+ years we have never backed out of a contract because we didn’t abide by its terms.
We’re from the Wildwood, MO area, and are proud to raise our own children where we grew up. We do not want to be dishonest with any of our neighbors.
How do I know how much my home is really worth as-is?
We always strive to give offers that we truly believe are fair. The value of your home is based on a variety of aspects, including where in St. Louis, MO it’s located, its size, and the cost of making all the repairs. More repairs equals lower value. Still, there are many ways you can find out how much you should get for your as-is property. There are many web pages, like Zillow, that give home value estimates. You can also hire a professional assessor to help you understand how much your home is worth.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought property from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a good 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 funds to pay for the full value of the home, and aren’t taking out a loan.
Other types of properties we buy in Wildwood, 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 seem impossible, but we can offer a solution. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let a damaged house hold you down; get the funds to move to the next stage of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or contact us online.