How to Sell a House That Needs Major Repairs University City, MO
How to sell a house that needs major repairs in University City, MO. Do you have a home in University City that you’re worried is impossible to sell? Does it have termite or wind damage, or have an outdated floor plan or decor? Evervest Home Buyers specializes in flipping houses that have serious damage in the University City, MO area. In our three decades of experience, we’ve helped over 700 homeowners move on from houses that had too much damage for them to fix themselves. If you want to unload house that needs major repairs, get in touch with Evervest Home Buyers today at (314) 730-0366 or contact us online.
What it Means to Sell a House That Needs Major Repairs in University City, MO
Most prospective home buyers want one in turnkey condition so their University City, MO family can feel at home. While some may be OK with repainting the walls, almost nobody on the traditional market will want to buy a house that’s in horrible shape. They just dedicated a considerable amount of money when closing and have monthly mortgage payments to think about. The idea of added costs of paying contractors, or the months it would take to do the repairs themselves, does not attract many buyers.
Common serious damage in University City, 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 difficult to sell to the majority of prospective home buyers include disagreeable odors, little natural light, bad architecture like low ceilings, a home that’s unstaged, or even homes that are outmoded that have unappealing furnishing like ugly carpets.
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What Causes the Need for Major Repairs in University City, MO?
Properties, like musical instruments, need to be maintained and require minor upkeep from time to time. When that doesn’t happen, maybe in the event that a house was vacant for a long time or the house was inherited from a family member who couldn’t properly take care of it. Minor damage can become become exacerbated and cause serious damage.
If the home was a rental property, maybe you had irresponsible tenants who did not treat the propert well. In situations like what happened recently with flooding in the St. Louis area, weather events can tragically cause damage to a home as well.
How to Sell a House That Needs Major Repairs in University City, MO
If you want to sell a house in University City, MO that needs major repairs, you typically have three options:
- Make the repairs yourself — While many University City, MO residents can figure out how to fix a loose shower head, major repairs such as termite 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, which is even harder to stomach in today’s economy as 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 hire experts to handle the major repairs for you, but again that will take away from how much money you’ll get from the sale. A roof replacement can cost anywhere from $5,500 to $11,000, while a full kitchen remodel can cost $20,000 to $50,000. Even when hiring general contractors, you do not get a full return on investment with most repairs.
- 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 more money. While you won’t sell an as-is property for as much as you would if it was in perfect condition, you’ll save tens of thousands of dollars, months of construction crews and labor, and the convoluted process of trying to find a traditional house buyer.
With the first two options, you’ll have the added costs of third-party inspectors and appraisers, 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 Your House As-Is in University City, MO
Our University City, MO cash home buyers are honest and non-judgmental. Regardless of the condition your house is in or what neighborhood it’s in, we would like to purchase 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 just house flippers. We are home investors that take pride in being part of our University City, MO communities and using our skills to improve them.
We make the home buying process as simple as we can with four easy steps:
We perform an inspection ourselves and you will only directly talk to the person buying your house. For our inspections, we don’t even ask that you tidy up before we arrive, and you can leave any unwanted objects or faulty appliances when you go.
We can close on your home in as little as 30 days. We are always honest about the value of your home and give fair, all-cash offers. Our goal is to offer you the most amount of money we can for your University City, MO property while still being able to have a profit margin ourselves down the road. 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.
Click on the links below to discover the other services we offer on University City, MO:
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (For Cash)
- Sell My House Fast 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 an Inherited House
- Selling a Home in Pre-Foreclosure
- Selling a House in Poor Condition
- Selling a House As Is
- Home Investors
- Cash For Houses
- Buy My House
- We Buy Houses For Cash
- Sell My House
- Cash for Homes
- Sell My House As-Is
- Sell My House For Cash
- Sell My Probate House
- Sell My As-Is House
- Sell My Outdated House
- Sell My Inherited House in Greater St. Louis
- Sell Your House Fast
- How to Sell Your House
- Sell My Home Preforeclosure
- Sell My Home Now
- Rental Property Buyer
- Cash Home Buying Company
- Investment Property Buyers
- Foreclosed House Buyer
- House Buying Company
- Fast House Buyer
- Probate House Buyer
- Condemned Property Buyer
- House Buyers
- Property Buyers
- Cash Home Buyer
- We Buy Houses in Greater St. Louis
University City, 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 who won’t try to lowball you. We are proud to have an A+ rating with the Better Business Bureau®, and you can take a look at our client testimonials to see what our previous University City, MO clients think about us. Get in touch with us today at (314) 730-0366 or contact us online to sell your house that needs major repairs.