Selling a House in Poor Condition in Bellefontaine Neighbors, MO
Selling a house in poor condition in Bellefontaine Neighbors, MO. Selling a house that needs major repairs can be daunting. Whether you don’t want to deal with repainting, cleaning, and staging for a conventional buyer, or are asking yourself how on earth you’re going unload a property with extensive fire damage, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is properties in the Bellefontaine Neighbors area, and can put cash in your pocket in as little as a month. Whatever type of repairs your home needs, we will make you an offer. If you’re selling a home in poor condition in Bellefontaine Neighbors, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or contact us online.
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When Is a House in Bellefontaine Neighbors, MO Considered to Be in Poor Condition?
“Poor condition,” is a subjective term. To some, it may mean a house that is unlivable, to others it may simply mean the windows need to be caulked. Typically, houses in poor condition can fall into three group: houses that no one can live in, houses that need major repairs, and houses that just need some fine tuning:
- 1. Houses that no one can live in — Sometimes, a house is in such poor condition that no one can live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Considerable foundation issues
- Termite damage
- Significant electrical issues
- Considerable roof damage
- 2. Houses that need major repairs — Other houses habitable, but uncomfortably. 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 cosmetic fixes or are otherwise undesirable — 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
- You have bad tenants
- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed inside the house
- Dirty surfaces
- Untended grass
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Bellefontaine Neighbors, MO, it may be more difficult than finding a buyer for a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Bellefontaine Neighbors, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house they can see themselves being comfortable in, not one they’ll have to fix up, or hire someone to fix 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, you still have a few options for selling your Bellefontaine Neighbors, MO house in poor condition:
- Do a complete remodel — This is how you can secure the most money for your home on the conventional market. However, you might not recoup the cost of the repairs in the sale. A total home renovation will run between $17,942-$78,270. According to research from the national resale averages, most repairs only get a 50-70% ROI. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While making major repairs 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 repairs will also take time, and it could be months or even a year before your house is ready for the Bellefontaine Neighbors, MO market.
- Make aesthetic upgrades — An alternative is to simply make your Bellefontaine Neighbors house look nicer. Curb appeal by itself can boost a property’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 for new 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 won’t be spending nearly as much money. 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 — There are some conventional buyers who will buy a house as-is with the hope of spending less on the down payment and slowly fix the house over the years. Those will be more difficult to find, and they’ll still want an empty house that’s well-staged when they see it. That will further increase the time and money spent before the house is sold.
- Sell in poor condition to a cash home buyer — Lastly, you can sell your property to a company that pays cash for Bellefontaine Neighbors-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make all the necessary repairs and upgrades ourselves and sell the property at a slightly higher value. Our process is stress-free and gets money in your hand in as little as a month:
- We perform our own inspection
- We give you the highest offer we can while still setting ourselves up for a profit
- When you accept our offer, we can have a contract ready and complete the sale in just a week
The way we do things is not only fair and fast, but it’s entirely stress-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 who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to pick the socks up off the floor before we do our inspection.
Our team is made up of a professional Bellefontaine Neighbors, MO real estate broker, and a construction crew with over 30 years of experience. We are always honest to Bellefontaine Neighbors, MO homeowners about the value of their home, and how we valued it. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and give Bellefontaine Neighbors families a place to settle down.
If want to learn more about selling your house in poor condition to an as-is home buyer, reach out to us at (314) 730-0366, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in Bellefontaine Neighbors, MO: Frequently Asked Questions
31.4% of American homes sell to cash buyers, according to a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most Bellefontaine Neighbors, MO homeowners who inquire to us still want to know more about the process. The following 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: it can be. There are bad people in this world who lie to others for money. But selling to Evervest is not a scam; we are intent and intentional about our integrity and dedication to our neighborhoods. If you have any doubts, you can look at 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 20+ years we have never written a contract that we didn’t close on due to us backing out of the deal spelled out in the contract.
We grew up in the Bellefontaine Neighbors, 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 is based on numerous different 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 sites, like Zillow, that offer home value estimates. You can also hire a professional appraiser who can give you their professional opinion.
Can I sell my house if I’m in debt?
Yes. We’ve bought property from homeowners who owe back taxes and have houses in foreclosure. Selling a home for cash is a good way to get the funds to pay off your debts quickly.
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 money to cover the full purchase of the house, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Bellefontaine Neighbors, 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 it doesn’t have to be. Evervest Home Buyers has more than 30 years of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let a damaged house weigh you down; get the funds to move to the next stage of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or get your offer through our website.