How to Sell a House That Needs Major Repairs Phelps County, MO
How to sell a house that needs major repairs in Phelps County, MO. Do you own a property in Phelps County that needs serious repairs before it goes on the traditional housing market? Does it have mold or flooding damage, or have an outdated floor plan or decor? Evervest Home Buyers specializes in flipping houses that have serious damage in the Phelps County, MO area. To date, we’ve helped over 700 individuals and families get rid of homes that had too much damage for them to fix themselves. If you have an unwanted house that needs major repairs, get in touch with Evervest Home Buyers today at (573) 367-5677 or contact us online.
How Hard Is It to Sell a House That Needs Major Repairs in Phelps County, MO?
When someone is interested in buying a house, they usually are looking for one in turnkey condition so their Phelps County, MO family can feel at home. While some may be OK with putting a new carpet in, almost nobody on the traditional market will want to buy a house with serious damage. They’re already spending a hefty sum of money on the down payment and have a mortgage to pay for monthly. They’re unlikely to want to make the extra investment of repairing the damage themselves.
Common major repairs needed in Phelps 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 problems that can make a property almost impossible to sell to the majority of prospective home buyers include disagreeable smells, little natural light, bad architecture like low ceilings, a house that’s cluttered, or even outdated properties that have unsightly decor like ugly carpets.
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What Causes the Need for Major Repairs in Phelps County, MO?
Properties, like cars, can suffer from wear and tear and need to have slight damage repaired whenever it emerges. When that doesn’t happen, such as if the home was vacant for years or you inherited the home from a family member who wasn’t physically able to stick with the upkeep. Those minor nicks and scratches can become become exacerbated and turn into more serious damage.
If the home was a rental property, maybe it was rented difficult tenants who did not treat the propert well. In situations like what happened recently with the historic floods in Greater St. Louis, natural events can quickly cause damage to a house as well.
Options for Selling a House That Needs Major Repairs in Phelps County, MO
If your Phelps County, MO home needs major repairs, you can take one of three options:
- Fix up your house yourself — While many people in Phelps County, MO can learn how to paint walls, major repairs such as asbestos damage need to be handled by professionals in order to do so safely. Even if you consider yourself an expert handy-person, 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 wood is still not down to pre-COVID levels.
- Hire contractors to make the repairs — You can enlist the services of professionals to repair the damage for you, but again that will eat into 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 $22,000, according to the national average. Even when hiring general contractors, the cost vs. value of most repairs does not yield 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 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 home for as much as you would if it was in perfect shape, you’ll save tens of thousands of dollars, months of construction crews and labor, and the stress of the traditional market.
If you don’t sell the house as-is, you’ll have the added expenses of hiring other people to carry out an inspection, give a realtor 6% of the final sale, 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 Phelps County, MO
Our Phelps County, MO cash home buyers are honest and open minded. Whatever the condition your property is in or where it’s located, we would like to purchase it. Our team consists of a licensed Real Estate Broker and has been buying and repairing houses for over 30 years. We consider ourselves to be more than just house flippers. We are home investors that take pride in being part of our Phelps County, MO communities and using our skills to improve them.
We make the home selling process as pain-free as possible 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, 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 as quickly as 30 days. We will always be direct about how much your home is worth and give offers we think you’ll feel good about. Our goal is to offer you the most amount of money possible for your Phelps County, MO property while still having it make financial sense for us. In our 30 years of experience, we have never written a contract that we didn’t close on because we backed out of the deal spelled out in the contract.
Check out the links below to see the other services we offer on Phelps 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 Phelps County, 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 Five-Star rating with the Better Business Bureau®, and you can take a look at our client testimonials to see what our previous Phelps County, MO clients think about us. Call us today at (573) 367-5677 or contact us online so you never have to worry about selling a house with major repairs again.