How to Sell a House That Needs Major Repairs Lee’s Summit, MO
How to sell a house that needs major repairs in Lee’s Summit, MO. Are in possession a house in Lee’s Summit that you’re worried is impossible to sell? Does it have asbestos or wind damage, or have a cracked foundation? Evervest Home Buyers specializes in flipping homes that have serious damage in the Lee’s Summit, MO area. In our three decades of experience, we’ve helped over 700 homeowners move on from properties they no longer wanted. If you need to sell house that needs major repairs, call Evervest Home Buyers today at (816) 368-8508 or reach out through our website.
What it Means to Sell a House That Needs Major Repairs in Lee’s Summit, MO
Most people in the market to buy a house are looking for one in turnkey condition so their Lee’s Summit, MO family can feel at home. While some may be OK with putting a new carpet in, a traditional home buyer will usually not be interested in a house that needs major repairs. They’re already making a significant investment when closing 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 Lee’s Summit, 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 property difficult to sell to a traditional buyer include unpleasant odors, limited natural light, bad design like a poor floor plan, a house that wasn’t staged to appeal to home buyers, or even outdated properties that have unsightly decor like old appliances.
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What Causes the Need for Major Repairs in Lee’s Summit, MO?
Homes, like cars, can suffer from wear and tear and need to have minor damage repaired whenever it appears. When slight fixes aren’t taken care of, such as if the home was vacant for a long time or the house was inherited from a family member who wasn’t physically able to stick with the upkeep. Minor damage can become significant issues.
If you were renting the home, maybe you had bad tenants who trashed the placed. As we’ve seen recently with flooding in Greater St. Louis, weather events can quickly cause damage to a house as well.
How to Sell a House That Needs Major Repairs in Lee’s Summit, MO
If you want to sell a house in Lee’s Summit, MO that needs major repairs, you can take one of three choices:
- Make the repairs yourself — While many Lee’s Summit, MO residents are able to fix a loose shower head, major repairs such as asbestos damage can often only be repaired safely and successfully by professionals. Even if you have extensive construction experience yourself, much of what you might make by selling the house fully repaired would be lost in materials, when the cost of many construction essentials such as lumber is still not down to pre-COVID levels.
- Hire contractors to deal with the damage — You can enlist the services of experts to repair the damage for you, but, like doing it yourself, that will take away from how much money you’ll get from the sale. A roof replacement can cost up to $11,000, while redoing an entire kitchen can cost $20,000 to $50,000. Even when enlisting the services of general contractors, the cost vs. value of most remodeling jobs does not yield a full return on investment.
- Sell your house “as-is” — As-is house buyers do not necessarily look to buy properties that are in turnkey condition. They typically look for homes that need a fair amount of repairs, and drive their business of the slight profit they get when they resell it. While you won’t sell an as-is property 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 stress of trying to find a traditional house buyer.
With the first two options, you’ll also have to pay for third-party inspectors and appraisers, give a real estate agent their percentage of the sale, 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 Lee’s Summit, MO
Our Lee’s Summit, MO cash home buyers are honest and non-judgmental. Regardless of what damage your house has sustained or where it’s located, we are interested in purchasing it. Our team consists of a licensed Real Estate Broker and has been in the construction business for more than three decades. We consider ourselves to be more than just house flippers. We invest in homes and in our Lee’s Summit, MO communities.
We make the home selling process as quick as we can with four easy steps:
We perform our own inspections and do not use an outside realtor. For our inspections, we don’t even ask that you vacuum the carpet before we arrive, and we’ll even take any objects that you don’t want.
We can complete the purchase your property as quickly as 30 days. We are always honest about how much your home is worth and give fair, all-cash offers. Our objective is to offer you the most amount of money possible for your Lee’s Summit, MO property while still having it make financial sense for us. In our 30 years of experience, we have never backed out of contract because we didn’t fulfill its terms.
Click on the links below to see the other types of properties we buy on Lee’s Summit, MO:
- Selling a Home in Pre-Foreclosure
- Selling a House in Poor Condition
- Home Investors
- Sell My House
- Cash for Homes
- Cash Home Buyer
Lee’s Summit, MO As-Is House Buyers | Evervest Home Buyers
When you want to sell a house that needs major repairs, it’s important to find someone trustworthy. We are proud to have an A+ rating with the Better Business Bureau®, and you can read our client testimonials to see what our previous Lee’s Summit, MO clients think about us. Call us today at (816) 368-8508 or reach out through our website to sell your house that needs major repairs.