Selling a House in Poor Condition in Arnold, MO
Selling a house in poor condition in Arnold, MO. We get it, some houses seem impossible to sell. Whether you don’t want to deal with repainting, cleaning, and staging for the conventional market, or are asking yourself if you’re ever going to be able unload a house with extensive termite damage, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is houses in the Arnold area, and can close in as little as a few weeks. No matter what shape your property is in, we are interested in buying it. If you need to sell a home in poor condition in Arnold, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or tell us about your property online.
When Is a House in Arnold, MO Considered to Be in Poor Condition?
“Poor condition,” is a subjective term. To some, it may mean massive damage, to others it may simply mean the carpet needs some serious cleaning. Generally, houses in poor condition can be categorized by three types: homes that are uninhabitable, houses that need major remodeling, and houses that just need some fine tuning:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that no one can safely live in it. Examples of uninhabitable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Considerable foundation issues
- Termite damage
- Considerable electrical issues
- Considerable roof damage
- 2. Houses that need significant repairs — Other houses can be lived in, but not ideal. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of updating or are otherwise undesirable — Some houses aren’t necessarily in bad shape, but may turn traditional buyers off because of other issues:
- The house is in bad neighborhood
- It’s a rental and you have bad tenants
- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed inside the house
- Stained surfaces
- Untended grass
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Arnold, MO, it will be much harder than finding a buyer for a house that’s already in pristine shape, but that doesn’t mean it’s completely unsellable.
Selling a House in Arnold, MO in Poor Condition? Read on For Help
Most home buyers want a house to live comfortably in right away, not one they’ll have to work on for years, or spend money to bring it up to par after the cost they put into the purchase. While selling a property that is already turnkey property is not as hard on the traditional market, there are still ways you can sell your Arnold, MO house in poor condition:
- Do a complete remodel — This is how you can get the most money for your house on the traditional market. However, the repairs may not add enough value for you to get your money back. A total house renovation costs up to almost $80,000. According to research from the national resale averages, most repairs only get a 50-70% ROI. For instance, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While making significant upgrades will almost certainly fetch the highest bid for your house, you’re unlikely to recoup all the money you put into the repairs. The upgrades will also add significant time to the time before your house is ready for the Arnold, MO market.
- Make cosmetic upgrades — Another option is to simply make your Arnold house more attractive. Curb appeal by itself can boost a house’s sale price by 7% or more. The cost of cosmetic upgrades is not nearly as much:
- $153-$929 for a light fixture
- $161-$363 to replace faucets
- $1,2000-$3,900 to repaint all the interior walls
- $350-$3,500 to refinish cabinets
While the return on investment isn’t very high either, you’ll be sacrificing substantially less money than if you do a full renovation. The added curb appeal will lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” to a traditional buyers — Some people may buy a property in poor condition in an effort to spend less upfront and slowly fix the house over time. Those will be more difficult to find, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. All of that takes additional time and money.
- Sell in its current condition to cash home buying company — Lastly, you can sell your home to a company that pays cash for Arnold-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we make all the necessary repairs and upgrades ourselves and make a small profit off the resale. Our process is simple and gets money in your hand in as little as a month:
- We come to your home and do our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- When you accept our offer, we can write up a contract and complete the sale in as little as 7 days
The way we do things is not only fair and fast, but it’s entirely nuisance-free. You won’t have to deal with dozens of people coming in and out of your home. The only person you’ll deal with is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to vacuum the carpet before we do our inspection.
Our team is made up of a professional Arnold, MO real estate broker, and a contractor with more than 30 years of experience. We are always direct to Arnold, MO residents about the value of their home, and how we valued it. We’re not going to get rich off selling your property; we buy and renovate houses to earn a moderate profit and improve our Arnold neighborhoods.
If you’re interested in selling your house in poor condition to an as-is home buyer, call us at (314) 730-0366, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Arnold, MO: Frequently Asked Questions
Almost one-third of American home purchases are paid for with cash, according data from a Redfin report. While selling a house in poor condition to an as-is buyer is becoming an increasingly popular option, most people in Arnold, MO who reach out to us still have questions about the process. Below are some of the most frequently asked questions about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately sometimes. The world has no shortage of scammers. But there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and devotion to our neighborhoods. If you have any doubts, you can check out our client testimonials and our perfect score with the Better Business Bureau®. We’ll always show you proof of funds before the purchase is complete, and in over 20 years we have never backed out of a contract because we didn’t abide by its terms.
We’re from the Arnold, MO area, and are proud to raise our own children where we grew up. We’re not trying to be dishonest with any of our neighbors.
How do I know the true value of my home as-is?
We always strive to give offers that we truly believe are fair. How much your home is worth will depend on numerous different things, including where in St. Louis, MO it’s located, how big it is, and the condition its in. The more the repairs, the less we’ll want to pay for it. Still, there are many ways you can find out how much you should get for your as-is property. There are numerous web pages, like Zillow, that offer home value estimates. You can also consult with a licensed appraiser who can give you their professional opinion.
Can I sell my house if I’m in debt?
Yes. We’ve purchased houses from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a great way to get the money to pay off your debts fast.
Are you going to pay me in actual cash?
No. While the idea of a suitcase full of cash is nice to think about, we’ll wire the money to your account. “Cash buyer” means we’re using our own funds to pay for the full value of the property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Arnold, MO include:
- 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
- How to Sell a House That Needs Major Repairs
- 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
Selling a House in Poor Condition in St. Louis, MO | Evervest Home Buyers
Selling a house in poor condition can be a bad experience, but we can offer a solution. Evervest Home Buyers has over 30 years of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let an old property hold you down; turn it into a jumping board to the next phase of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or contact us through our website.