Selling a House in Poor Condition in Cape Girardeau County, MO
Selling a house in poor condition in Cape Girardeau County, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to make the minor updates necessary for a conventional buyer, or are wondering if you’re ever going to be able unload a house with extensive fire damage, Evervest Home Buyers is here to take your poor condition property off your hands. We Give fair, all-cash offers for as-is houses in the Cape Girardeau County area, and can put cash in your pocket in as little as 30 days. 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 Cape Girardeau County, MO and want a stress-free solution, call Evervest today at (573) 367-5655 or get your offer through our website.
What is Meant By a Home in “Poor Condition” in Cape Girardeau County, MO?
“Poor condition,” is an inexact phrase. 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 repairs, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that no one can live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Serious foundation issues
- Termite damage
- Considerable electrical issues
- Serious roof damage
- 2. Houses that need significant 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 cracks in the foundation
- 3. Houses in need of cosmetic fixes or are otherwise undesirable — Some houses aren’t necessarily in bad shape, but may 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- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed at the property
- Stained surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in Cape Girardeau County, MO, it may be more difficult than selling a turnkey house, but you do have some options.
Selling a House in Cape Girardeau County, 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 put work into, or spend money to bring it up to par after they’ve already spent money on the house. While selling a house that is already in turnkey condition is not as hard on the conventional market, you still have a few options for selling your Cape Girardeau County, MO house in poor condition:
- Invest in major repairs — This will secure the most value for your home on the conventional market. However, the cost of getting there is high. A total home remodeling costs up to almost $80,000. According to research from the national cost vs. value report, most repairs only get a 50-70% ROI. For example, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While making major repairs 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 repairs will also take time, and it could be months or even a year before you can list your house on the Cape Girardeau County, MO market.
- Make minor upgrades — Another way to sell your home easier is to merely increase your Cape Girardeau County home’s curb appeal. Curb appeal by itself can improve a house’s value 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 a home’s interior
- $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 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 prospective homeowners may buy a property in poor condition with the hope of spending less upfront and slowly make upgrades over the years. Those will be more difficult to find, and they’ll still expect the house to be clean, the lawn to be tidy, and that you’ll put effort into staging the home. All of that takes additional time and money.
- Sell in poor condition to an as-is home buyer — The final option is to sell your house to a company that pays cash for Cape Girardeau County-area homes. At Evervest, we give fair offers for homes in any condition. Then, we make the repairs ourselves and make a moderate profit off the resale. Our process is simple and gets money in your pocket in as little as a month:
- 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 have a contract ready and close in just 7 days
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 looking over your home. The only person you’ll have to see is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to do the dishes before we do our inspection.
Our team consists of a licensed Cape Girardeau County, MO real estate broker, and a construction crew with over 30 years of experience. We are always direct to Cape Girardeau County, MO residents about the value of their home, and how we came to that number. We’re not going to get rich off selling your property; we buy and renovate houses to make a moderate amount of money and improve our Cape Girardeau County neighborhoods.
If you’re interested in selling your house in poor condition to an as-is home buyer, reach out to us at (573) 367-5655, or read on below.
Selling a House in Poor Condition in Cape Girardeau County, MO: FAQs
Nearly one-third 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 an increasingly popular option, most people in Cape Girardeau County, MO who call us still want to know more about the process. Below are some of the most frequently asked questions concerning selling a house as-is:
Is the cash home buying process a scam?
Unfortunately sometimes. The world has no shortage of liars. But selling to Evervest is not a scam; we pride ourselves on our integrity and dedication to our neighborhoods. 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 written a contract that we didn’t close on due to us backing out of the deal spelled out in the contract.
We’re from the Cape Girardeau County, MO area, and are proud to raise our own families where we grew up. We do not want to cheat any of our neighbors.
How do I know the true value of my home as-is?
Our offer will be what we genuinely believe is fair. How much your home is worth is based on a variety of aspects, including where in Cape Girardeau, MO it’s located, its size, and how expensive making all the repairs might be. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are many web pages, like Zillow, that give 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 purchased houses from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is a great way to get the funds to become debt-free quickly.
Do I get paid in actual cash?
No. While the idea of a suitcase full of cash is nice to think about, we’ll pay you through an electronic transfer into your account. “Cash buyer” means we’re using our own funds to pay for the full value of the property, and aren’t depending on a lender.
Other types of properties we buy in Cape Girardeau County, 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 Cape Girardeau, MO | Evervest Home Buyers
Selling a house in poor condition can be difficult, but we can offer a solution. Evervest Home Buyers has more than 30 years of experience offering Cape Girardeau, MO residents a fast and stress-free home selling experience. Don’t let an old house keep you down; get the funds to move to the next stage of your life today. To sell your Cape Girardeau, MO home in poor condition, call us at (573) 367-5655 or contact us online.