How to Sell a House That Needs Major Repairs Cape Girardeau, MO
How to sell a house that needs major repairs in Cape Girardeau, MO. Do you own a home in Cape Girardeau that you’re worried is impossible to sell? Does it have termite or hail damage, or have a cracked foundation? Evervest Home Buyers specializes in repairing houses that have serious damage in the Cape Girardeau, MO area. To date, we’ve helped over 700 individuals and families get rid of houses that needed repairs they couldn’t do themselves. If you want to unload house that needs major repairs, call Evervest Home Buyers today at (573) 367-5655 or contact us online.
What it Means to Sell a House That Needs Major Repairs in Cape Girardeau, MO
Most people in the market to buy a house want a place where they can move in and immediately feel like they have a welcoming home for their Cape Girardeau, MO family. While some might be open to making light cosmetic repairs themselves, or even like the idea of putting their own spin on a home, almost nobody on the traditional market will be interested in a house with serious damage. They just dedicated a considerable amount of money on the down payment and have monthly mortgage payments to think about. They’re unlikely to want to make the extra investment of repairing the damage themselves.
Common major repairs needed in Cape Girardeau, 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 problems that can make a home difficult to sell to a traditional buyer include unpleasant smells, restricted natural light, poor construction like low ceilings, a home that wasn’t staged right for showing, or even outdated properties that have unappealing decor like old appliances.
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What Causes the Need for Major Repairs in Cape Girardeau, MO?
Houses, like musical instruments, need to be maintained and need to have minor damage taken care of whenever it emerges. When that doesn’t happen, maybe in the event that a property was vacant for years or you inherited the home from a loved one who couldn’t properly take care of it. Minor damage can become worsen and cause serious damage.
If you were renting the home, maybe you had difficult tenants who trashed the placed. In situations like what happened recently with the historic floods in the St. Louis area, natural disasters can cause serious damage with little to no notice.
How to Sell a House That Needs Major Repairs in Cape Girardeau, MO
If your Cape Girardeau, MO home needs major repairs, you typically have three choices:
- Fix up your house yourself — While many people in Cape Girardeau, MO are able to install a new carpet, major repairs such as asbestos damage can often only be repaired safely and successfully by professionals. Even if you’re confident in your abilities, you would spend much of the potential profit from selling the house on materials, when the price of many commodities such as lumber is still not down to pre-COVID levels.
- Hire contractors to repair the house for you — You can enlist the services of outside contractors to handle the major repairs for you, but, like like the previous option, that will take away from any profit you’d make by selling on the traditional market. replacing an entire roof can cost up to $11,000, while redoing an entire kitchen can cost $22,000, according to the national average. Even when hiring general contractors, the cost vs. value of most repairs does not give a full return on investment.
- Sell your house “as-is” — As-is house buyers do not typically look for turnkey properties. They typically look for homes they can repair themselves and later sell for a higher amount. While the sale itself won’t be as high as if the house was fully repaired, you’ll save a significant amount of money, hundreds of labor hours, and the stress of trying to find a traditional house buyer.
If you don’t sell the home as-is, you’ll also have to pay for hiring other people to carry out an inspection, give a realtor 6% of whatever you end up selling the house for, and wait months or even years before the house is ready to be listed and you find someone to buy it.
Why Choose Evervest Home Buyers to Sell a House That Needs Major Repairs in Cape Girardeau, MO
Our Cape Girardeau, MO cash home buyers are direct and non-judgmental. Whatever what repairs your home needs or where it’s located, we are interested in purchasing it. Our team is made up of a licensed Real Estate Broker and has been buying and repairing houses for more than 30 years. We consider ourselves to be more than mere house flippers. We are home investors that take pride in being part of our Cape Girardeau, MO communities and using our skills to improve them.
Our home buying process in Cape Girardeau, MO is simple:
We carry out our own inspections and you will only directly talk to the person buying your house. For our inspections, you don’t even have to wash the dishes before we come over, and you can leave any unwanted objects or faulty appliances when you go.
We can complete the purchase your property in as little as a month. We are always honest about the value of your home and give fair, all-cash offers. Our goal is to give you as much as we can for your Cape Girardeau, MO property while still seeing it as an investment for ourselves. In the entire time we’ve been in business, we have never written a contract that we didn’t close on due to us backing out of the deal agreed to.
Click on the links below to see the other types of homes we buy on Cape Girardeau, MO:
- Selling a Home in Pre-Foreclosure
- Selling a House in Poor Condition
- Home Investors
- Sell My House
- Cash for Homes
- Cash Home Buyer
Cape Girardeau, MO As-Is House Buyers | Evervest Home Buyers
When you’re selling a house that needs major repairs, it’s important to find someone who will pay you the full value of your Cape Girardeau property. We are proud to have an A+ rating with the Better Business Bureau®, and you can check out our client testimonials to see what our previous Cape Girardeau, MO clients think about us. Get in touch with us today at (573) 367-5655 or reach out through our website to sell your house that needs major repairs.