How to Sell a House That Needs Major Repairs Olivette, MO
St. Louis County
Evervest Home Buyers
3015 Salena St #201
St. Louis, MO 63118
How to sell a house that needs major repairs in Olivette, MO. Do you own a house in Olivette that you’re worried is impossible to sell? Does it have termite or fire damage, or have uneven floors? Evervest Home Buyers specializes in repairing houses that need major repairs in the Olivette, MO area. In our 30 years buying and selling houses, we’ve helped over 700 homeowners get rid of houses they felt were holding them back. If you need to sell house that needs major repairs, call Evervest Home Buyers today at (314) 730-0366 or contact us online.
How Easy Is It to Sell a House That Needs Major Repairs in Olivette, MO?
When someone is interested in buying a house, they usually are looking for a place where they can move in and immediately feel like they have a pleasant home for their Olivette, 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, a traditional home buyer will usually not want to buy a house with serious damage. They’re already using a lot of their savings when closing and have a mortgage to pay for monthly. The idea of added expenses of paying contractors, or the months it would take to make all the repairs themselves, is unappealing.
Serious damage that we often see in Olivette, 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 house “unsellable” to a traditional buyer include bad odors, restricted natural light, bad design like low ceilings, a home that’s cluttered, or even homes that are out of fashion that have unsightly furnishing like ugly carpets.
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What Causes the Need for Major Repairs in Olivette, MO?
Houses, like cars, can suffer from wear and tear and need to have minor damage fixed whenever it emerges. When minor fixes aren’t taken care of, maybe in the event that a property was vacant for a long time or you inherited the home from a loved one who couldn’t properly take care of it. Those minor nicks and scratches can become become exacerbated and turn into more serious damage.
If you were renting the home, maybe you had difficult tenants who did serious damage. In situations like what happened recently with the historic floods in the St. Louis area, natural events can cause serious damage with little to no notice.
What You Can Do to Sell a House That Needs Major Repairs in Olivette, MO
If your Olivette, MO home needs major repairs, you typically have three choices:
- Make the repairs yourself — While many people in Olivette, MO are able to change a carpet, major repairs such as water damage can often only be repaired safely and successfully by professionals. Even if you have extensive construction experience yourself, you would spend much of the potential profit from selling the house on materials, when the cost of many construction essentials such as wood is still fluctuating.
- Hire someone to make the repairs — You can hire outside contractors to repair the damage for you, but, like doing it yourself, that will eat into any profit you’d make by selling the house. A roof replacement can cost at minimum $5,000, while redoing an entire kitchen can cost up to $33,000. Even when improvements are professionally done, the cost vs. value of most repairs does not give a full return on investment.
- Sell your house “as-is” — As-is house buyers are not usually interested in houses that are in turnkey condition. They usually buy houses they can repair themselves and later sell for more money. While the sale itself won’t be as high as if the house was fully repaired, you’ll save a significant amount of money, months of construction crews and labor, and the stress of the traditional market.
With the first two options, you’ll have the added expenses of 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 a House That Needs Major Repairs in Olivette, MO
Our Olivette, MO cash home buyers are direct and open minded. Regardless of what damage your home has sustained or what neighborhood it’s in, we we can offer you a solution. Our team consists of a licensed Real Estate Broker and has over 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 Olivette, MO neighborhoods we were raised in improve.
We make the home buying process as pain-free as we can with four easy steps:
We perform our own inspections and the only person you’ll be dealing with is the one buying your property. For our inspections, we don’t even ask that you tidy up before we arrive, and we’ll even take any possessions that you don’t want.
We can close on your home in as little as a month. We will always be straightforward about the value of your home and give fair, all-cash offers. Our goal is to give you as much as possible for your Olivette, 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 because we backed out of the deal agreed to.
Click on the links below to discover the other services we offer on Olivette, MO:
- Sell a Property With Tenants – Fast, Easy, Hassle-Free
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (For Cash)
- 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 a Home in Pre-Foreclosure
- Selling a House in Poor Condition
- Home Investors
- Sell My House
- Cash for Homes
- Sell My House As-Is
- Sell My Probate House
- Sell My Outdated House
- Sell My Inherited House in Greater St. Louis
- How to Sell Your House
- Investment Property Buyers
- Foreclosed House Buyer
- Fast House Buyer
- Condemned Property Buyer
- Cash Home Buyer
- Sell My Home For Cash
How to Sell a House That Needs Major Repairs in Olivette, MO | Evervest Home Buyers
When you’re selling 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 take a look at our client testimonials to see how we’ve helped other Olivette, MO residents move on from an unwanted properties. Get in touch with us today at (314) 730-0366 or contact us online so you never have to worry about selling a house with major repairs again.