Selling a House in Poor Condition in Chesterfield, MO
Selling a house in poor condition in Chesterfield, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to deal with repainting, cleaning, and staging for the traditional market, or are wondering how on earth you’re going unload a property with serious asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We pay full value, in cash, for as-is homes in the Chesterfield area, and can close in as little as 30 days. No matter what condition your property is in, we will make you an offer. If you’re selling a home in poor condition in Chesterfield, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or contact us online.
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What is Meant By a Home in “Poor Condition” in Chesterfield, MO?
“Poor condition,” is an umbrella phrase. To some house buyers, it may mean a home that needs major repairs, to others it may simply mean the windows need to be caulked. Generally, houses in poor condition can be broken down into three categories: homes that you can’t live in, houses that need extensive 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:
- Serious Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Considerable foundation issues
- Termite damage
- Considerable electrical issues
- Significant roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but uncomfortably. Houses in need of serious work 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 fixes or are other minor patchwork — Some houses aren’t necessarily in bad shape, but might not be appealing to conventional home buyer because of other issues:
- The house is in bad neighborhood
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed inside the house
- Dirty surfaces
- Neglected grass
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Chesterfield, MO, it will be much harder than selling a turnkey house, but you do have some options.
Selling a House in Chesterfield, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house they can see themselves being comfortable in, not one they’ll have to work on for years, 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 easier to a conventional buyer, there are still ways you can sell your Chesterfield, MO house in poor condition:
- Do a complete remodel — This is the way to secure the most value for your house from a conventional buyer. However, the repairs may not add enough value for you to get your money back. A complete house remodeling costs between $17,942-$78,270. According to national resale report, most repairs don’t even get a 70% return on investment. For example, the average bathroom remodel costs $27,164, but only adds $15,990 to your final sale price. While making major upgrades will likely get you the most money for your house at final sale, you probably won’t recoup all the money you put into the repairs. The upgrades will also add months or even a year to the time before your house is ready for the Chesterfield, MO market.
- Make cosmetic upgrades — Another thing you can do is merely make your Chesterfield house look nicer. Curb appeal by itself can increase a house’s sale price by 7% or more. The cost of minor 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 you also won’t recoup all those expenses through the sale, you’ll be giving up 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” on the traditional market — There are some conventional buyers who will buy a property as-is with the hope of spending less upfront and slowly make upgrades over time. There aren’t many of those, 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 in poor condition to cash home buying company — The final option is to sell your property to a company that pays cash for Chesterfield-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we rehabilitate the home and make a small profit off the resale. Our process is stress-free and gets money in your account in as little as 30 days:
- 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
- If you accept our offer, we can have a contract ready 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 stress-free. 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 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 consists of a professional Chesterfield, MO real estate broker, and a construction crew with more than three decades of experience. We are always honest to Chesterfield, MO homeowners about how much their property is worth, and how we valued it. We’re don’t get rich off the sale of one property; we buy and renovate houses to make a moderate amount of money and give Chesterfield families a place to settle down.
If you’re interested in selling your house in poor condition to a cash home buyer, reach out to us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Chesterfield, MO: FAQs
Almost one-third of U.S. homes sell to cash buyers, according to a Redfin report. While selling a house in poor condition to an as-is buyer is becoming an increasingly popular option, most Chesterfield, MO homeowners who inquire to us still want to know more about the process. Below are some of the questions we get the most concerning selling a house as-is:
Is the cash home buying process a scam?
Unfortunately it can be. There are bad people in this world who lie to others for money. But there are no scams involved when you sell to Evervest; we pride ourselves on our integrity and devotion to our communities. If you have any doubts, you can check out our client testimonials and our A+ score with the Better Business Bureau®. You’ll see proof of funds before you sign, 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 Chesterfield, 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 the true value of my home as-is?
Our offer will be what we genuinely think is fair. The value of your home will depend on a variety of things, including what Chesterfield, MO neighborhood it’s in, how big it is, and the condition its in. 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 numerous sites, like Zillow, that offer approximations of your homes value. You can also consult with a licensed assessor to help you understand how much your home is worth.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought houses from people who owe back taxes and have houses in foreclosure. Getting cash for your home is an excellent way to get the money to become debt-free quickly.
Do I get paid 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 funds to cover the full purchase of the home, and aren’t taking out a loan.
Other types of properties we buy in Chesterfield, 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 difficult, but it doesn’t have to be. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners get full value for their properties. Don’t let a damaged home 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 contact us through our website.