Selling a House in Poor Condition in Bolivar, MO
Selling a house in poor condition in Bolivar, MO. We know, it seems impossible to get some houses off your hands. Whether you don’t want to make the minor updates necessary for a traditional buyer, or are asking yourself how on earth you’re going sell a house with extensive black mold presence, Evervest Home Buyers is here to take your unwanted property off your hands. We Give fair, all-cash offers for as-is homes in the Bolivar area, and can put cash in your pocket in as little as a few weeks. Whatever type of repairs your home needs, we are interested in buying it. If you need to sell a home in poor condition in Bolivar, MO and want a a fast and easy solution, call Evervest today at (417) 815-3889 or get your offer online.
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What is Meant By a Home in “Poor Condition” in Bolivar, MO?
“Poor condition,” is an umbrella phrase. To some, it may mean a home that needs major repairs, to others it may simply mean the walls need repainting. Generally, houses in poor condition can be categorized by three types: houses that are uninhabitable, houses that need significant work done, and houses that just need some fine tuning:
- 1. Houses that you can’t live in — Sometimes, a house is in such bad condition that no one can live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Significant Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Extensive foundation issues
- Termite damage
- Significant electrical issues
- Extensive roof damage
- 2. Houses that need major repairs — Other houses habitable, but uncomfortably. Houses in need of major repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small issues with the foundation
- 3. Houses that need aesthetic updates or are other minor patchwork — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off for other reasons:
- The house is in bad part of town
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Neglected landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Bolivar, MO, it will be much harder than finding a buyer for a house that’s already in pristine shape, but you do have some options.
Selling a House in Bolivar, MO in Poor Condition? You Have a Few Options
Most people looking to buy a home want a house to live comfortably in right away, not one they’ll have to put work into, or pay someone thousands of dollars to bring it up to par after they’ve already spent money on the house. While selling a property that is already in turnkey condition is easier to a traditional buyer, there are still ways you can sell your Bolivar, MO house in poor condition:
- Do a complete remodel — This will get the most value for your house from a traditional buyer. However, the cost of getting there is high. A total house renovation will run between $17,942-$78,270. According to research from the national cost vs. value report, most repairs don’t even get a 70% ROI. For example, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 to your final sale price. While investing in significant upgrades will almost certainly 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 add significant time to the time before your house is ready for the Bolivar, MO market.
- Make cosmetic repairs — An alternative is to merely make your Bolivar house look nicer. Curb appeal alone can raise a property’s sale price by 7% or more. The cost of cosmetic upgrades is much easier to fit in a budget:
- $153-$929 for a light fixture
- $161-$363 for new faucets
- $1,2000-$3,900 to repaint a home’s interior
- $350-$3,500 to refinish cabinets
While you also won’t get all that money back, you won’t be spending nearly as much money. The cosmetic upgrades will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” to a traditional buyers — There are some conventional buyers who will buy a house in poor condition in an effort to spend less on the down payment and gradually repair the house over the years. Those will be harder to find, and they’ll still expect an empty house that’s well-staged when they see it. That alone can lead to you spending more money.
- Sell “as-is” to cash home buying company — The final option is to sell your home to a company that pays cash for Bolivar-area homes. At Evervest, we give fair offers for homes in any condition. Then, we make the repairs ourselves and sell the property at a slightly higher value. Our process is stress-free and gets money in your account in as little as a month:
- We come to your home and do 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 as little as a week
The way we do things puts no pressure on you and gets you fair value for your house. You won’t have to deal with real estate agents, inspectors, appraisers, and getting ready for prospective buyers to come and see 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 consists of a licensed Bolivar, MO real estate broker, and a contractor with over three decades of experience. We are always honest to Bolivar, MO residents about how much their property is worth, and how we came to that number. We’re don’t get rich off the sale of one property; we buy and rehabilitate houses to make a moderate amount of money and enhance our Bolivar neighborhoods.
If want to learn more about selling your house in poor condition to an as-is home buyer, get in touch with us at (417) 815-3889, or read on below.
Selling a House in Poor Condition in Bolivar, MO: FAQs
Almost one-third of U.S. homes sell to cash buyers, according data from a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most people in Bolivar, 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 it can be. There are dishonest people in this world who lie to others for money. But there are no scams involved when you sell to Evervest; we are intent and intentional about our honesty and dedication to our communities. If you still have concerns, you can check out our client testimonials and our A+ score with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, 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 Bolivar, MO area, and are proud to raise our own families in the same place. 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 is based on numerous different aspects, including where in Springfield, MO it’s located, its size, and how expensive making all the repairs might be. The more the repairs, the less we’ll want to pay for it. Still, there are ways to do your own research. There are many sites, like Zillow, that offer home value estimates. You can also hire a licensed assessor who can give you their estimate.
Can I sell my house if there’s a lien on it?
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 money to pay off your debts fast.
Do I get paid in actual cash?
No. While it might sound fun to have bags full of cash, we’ll pay you through an electronic transfer into your account. “Cash buyer” means we’re using our own money to pay for the full value of the house, and aren’t taking out a loan.
Other types of properties we buy in Bolivar, MO include:
- 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
- Cash Home Buying Company
- House Buyers
- Cash Home Buyer
Selling a House in Poor Condition in Springfield, MO | Evervest Home Buyers
Selling a house in poor condition can be difficult, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering Springfield, MO homeowners a fast and stress-free home selling experience. Don’t let an old property keep you down; get the funds to move to the next stage of your life today. To sell your Springfield, MO home in poor condition, call us at (417) 815-3889 or contact us online.