How to Sell a House That Needs Major Repairs Cape Girardeau County, MO
How to sell a house that needs major repairs in Cape Girardeau County, MO. Do you have a home in Cape Girardeau County that needs serious repairs before it goes on the traditional housing market? Does it have termite or hail damage, or have a cracked foundation? Evervest Home Buyers specializes in fixing up homes that need major repairs in the Cape Girardeau County, MO area. To date, we’ve helped over 700 people move on from properties they felt were holding them back. If you want to unload house that needs major repairs, call Evervest Home Buyers today at (573) 367-5655 or reach out through our website.
How Hard Is It to Sell a House That Needs Major Repairs in Cape Girardeau County, MO?
Most prospective home buyers are looking for one in turnkey condition so their Cape Girardeau County, MO family can feel at home. While some might be open to making light cosmetic repairs themselves, or even like the idea of putting their own spin on a home, a traditional home buyer will usually not want to buy a house with serious damage. They’re already spending a hefty sum of money when closing and have a mortgage to pay for monthly. They’re unlikely to want to make the extra investment of repairing the damage themselves.
Common serious damage in Cape Girardeau County, MO include:
- Condemned properties
- Fire or water damage
- Lead or asbestos
- Mold
- Plumbing issues
- Wind or hail damage
- A foundation that’s starting to crack
- Termite damage
- Holes in the roof or floor
Other issues that can make a home “unsellable” to a traditional buyer include bad smells, limited natural light, poor architecture like low ceilings, a house that’s cluttered, or even homes that are out of fashion that have unappealing furnishing like old appliances.
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Why Do Some Cape Girardeau County, MO Homes Need Major Repairs?
Homes, like cars, can suffer from wear and tear and need to have minor damage repaired whenever it appears. When that doesn’t happen, such as if the property was vacant for years or the house was inherited from a family member who couldn’t properly take care of it. Those minor nicks and scratches can become significant issues.
If the home was a rental property, maybe you had irresponsible tenants who did serious damage. As we’ve seen recently with the historic floods in the St. Louis area, natural events can cause catastrophic damage with little to no notice.
Options for Selling a House That Needs Major Repairs in Cape Girardeau County, MO
If your Cape Girardeau County, MO home needs major repairs, you typically have three choices:
- Handle the repairs yourself — While many people in Cape Girardeau County, MO are able to install a new carpet, major repairs such as mold damage need to be handled by professionals in order to do so safely. Even if you’re confident in your abilities, much of what you might make by selling the house in turnkey condition would be lost in materials, which is even harder to stomach in today’s economy as the cost of many commodities such as lumber is still not down to pre-COVID levels.
- Hire contractors to repair the house for you — You can hire outside contractors to repair the damage for you, but again that will take away from any profit you’d make by selling the house. A roof replacement can cost anywhere from $5,500 to $11,000, while redoing an entire kitchen can cost up to $33,000. Even when enlisting the services of general contractors, the cost vs. value of most remodeling jobs does not give a full return on investment.
- Sell your house “as-is” — As-is house buyers do not necessarily look to buy homes that are in turnkey condition. They usually buy houses that need a fair amount of repairs, so they can make a profit when they resell it. While you won’t sell an as-is house for as much as you would if it was in perfect shape, you’ll save tens of thousands of dollars, hundreds of labor hours, and the convoluted process of the conventional market.
With the first two options, you’ll also have to pay for third-party inspectors and appraisers, pay a realtor fee, and wait months or even years to repair everything and find a buyer.
Why Choose Evervest Home Buyers to Sell Your House As-Is in Cape Girardeau County, MO
Our Cape Girardeau County, MO cash home buyers are direct and discreet. Whatever what repairs your property needs or what neighborhood it’s in, we can take it off your hands. Our team is made up of a licensed Real Estate Broker and has more than three decades of construction experience. We consider ourselves to be more than mere house flippers. We are home investors that take pride in helping the same Cape Girardeau County, MO neighborhoods we were raised in improve.
Our home buying process in Cape Girardeau County, MO is quick:
We carry out our own inspections and do not use an outside realtor. When we do our inspection, we don’t even ask that you wash the dishes before we come over, and we’ll even take any objects that you don’t want.
We can complete the purchase your house as quickly as a month. We are always honest about how much your home is worth and give fair, all-cash offers. Our goal is to offer you the most amount of money we can for your Cape Girardeau County, MO property while still having it make financial sense for us. In the entire time we’ve been in business, we have never backed out of contract because we didn’t fulfill its terms.
Check out the links below to discover the other services we offer on Cape Girardeau County, MO:
- Selling a Home in Pre-Foreclosure
- Selling a House in Poor Condition
- Home Investors
- Sell My House
- Cash for Homes
- Cash Home Buyer
How to Sell a House That Needs Major Repairs in Cape Girardeau County, MO | Evervest Home Buyers
When you want to sell a house that needs major repairs, it’s important to find someone who won’t try to lowball you. We have a perfect rating with the Better Business Bureau®, and you can check out our client testimonials to see what our previous Cape Girardeau County, MO clients think about us. Get in touch with us today at (573) 367-5655 or contact us online to sell your house that needs major repairs.