Selling a House in Poor Condition in Bel-Ridge, MO
Selling a house in poor condition in Bel-Ridge, MO. We understand, it seems impossible to get some houses off your hands. Whether you aren’t predisposed to make the minor updates necessary for the conventional market, or are wondering if you’re ever going to be able unload a house with extensive termite damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is homes in the Bel-Ridge area, and can complete the transfer in as little as a few weeks. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Bel-Ridge, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or tell us about your property through our website.
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When Is a House in Bel-Ridge, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact term. To some homeowners, 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 significant remodeling, and houses that just need some fine tuning:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home has to. Examples of uninhabitable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Significant foundation issues
- Termite damage
- Significant electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but uncomfortably. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing 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 other minor patchwork — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off because of other issues:
- The house is in bad part of town
- 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- It’s an outdated property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 landscape
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Bel-Ridge, MO, it will be much harder than selling a turnkey house, but you do have some options.
Selling a House in Bel-Ridge, MO in Poor Condition? You Have a Few Options
Most home buyers want a house to live comfortably in right away, not one they’ll have to work on for years, or hire someone to repair after the cost they put into the purchase. While selling a house that is already turnkey property is not as hard to a traditional buyer, there are still ways you can sell your Bel-Ridge, MO house in poor condition:
- Do a complete remodel — This will get the most value for your house on the traditional market. However, you might not get back the cost of the repairs in the sale. A total house renovation costs up to $78,270. According to national resale averages, most repairs don’t even get a 70% ROI. For instance, the average bathroom remodel costs $27,164, but only adds $15,990 in value to your home. While making major upgrades will likely get you the most money for your house at final sale, you’re unlikely to profit off of the repairs you made. The upgrades will also take time, and it could be months or even a year before your house is ready for the Bel-Ridge, MO market.
- Make minor upgrades — Another way to sell your home easier is to merely raise your Bel-Ridge home’s curb appeal. Curb appeal by itself can raise a home’s sale price by 7% or more. The cost of minor upgrades is much cheaper than major repairs:
- $153-$929 for a light fixture
- $161-$363 for new faucets
- $1,2000-$3,900 to repaint all the interior walls
- $350-$3,500 to refinish cabinets
While you also won’t recoup all those expenses through the sale, you’ll be sacrificing considerably less money than if you do a full renovation. The cosmetic upgrades will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the conventional market — Some people may buy a house as-is in an effort to spend less on the down payment and slowly make upgrades over the years. There aren’t many of those, and they’ll still expect the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. That will further increase the time and money spent before the house is sold.
- Sell in poor condition to an as-is home buyer — The final option is to sell your property to a company that pays cash for Bel-Ridge-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we rehabilitate the home and sell the property at a slightly higher value. Our process is easy and gets cash in your account in as little as 30 days:
- We carry out our own inspection
- We give you the best possible offer while still seeing the property as an investment for ourselves
- 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 puts no pressure on you and gets you fair value for your property. 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 who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to mop the floors when we come over to look at your home.
Our team is made up of a professional Bel-Ridge, MO real estate broker, and a contractor with over 30 years of experience. We are always straightforward to Bel-Ridge, MO residents about the value of their home, and how we valued it. We’re don’t get rich off the sale of one property; we do what we do to make a moderate amount of money and give Bel-Ridge families a place to settle down.
If you’re interested in selling your house in poor condition for cash, reach out to us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Bel-Ridge, MO: Frequently Asked Questions
Almost one-third of U.S. homes sell to cash buyers, according to a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most Bel-Ridge, MO homeowners who inquire to us still want to know more about the process. Below are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
The short answer is: sometimes. The world has no shortage of scammers. But selling to Evervest is not a scam; we are intent and intentional about our integrity and dedication to our communities. If you still have concerns, you can look at our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in 20+ years we have never gone back on a contract because we didn’t abide by its terms.
We grew up in the Bel-Ridge, MO area, and are proud to raise our own kids where we grew up. We do not want to be dishonest with any of our neighbors.
How do I know how much my home is really worth as-is?
Our offer will be what we genuinely believe is fair. How much your home is worth will depend on a variety of aspects, including where in St. Louis, MO it’s located, how big it is, and how expensive making all the repairs might be. More repairs equals lower value. Still, there are many ways you can find out how much you should get for your as-is property. There are many web pages, like Zillow, that give approximations of your homes value. You can also hire a credentialed appraiser who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve purchased homes from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a good way to get the money to pay off your debts fast.
Are you going to pay me in actual cash?
No. While it might sound fun to have bags full of cash, we’ll wire the money to your account. “Cash buyer” means we’re using our own money to cover the full purchase of the house, and aren’t depending on a lender.
Other types of properties we buy in Bel-Ridge, MO include:
- Sell a Property With Tenants – Fast, Easy, Hassle-Free
- 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
- 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
- Sell My Home For Cash
Selling a House in Poor Condition in St. Louis, MO | Evervest Home Buyers
Selling a house in poor condition can be a stressful experience, but we can offer a solution. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO homeowners get full value for their properties. Don’t let a damaged property weigh 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.