Selling a House in Poor Condition in City of Columbia, MO
Selling a house in poor condition in City of Columbia, MO. We understand, some houses seem impossible to sell. Whether you don’t want to deal with repainting, cleaning, and staging for a conventional buyer, or are wondering if you’re ever going to be able unload a property with serious black mold presence, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is homes in the City of Columbia area, and can close in as little as a month. No matter what shape your property is in, we are interested in buying it. If you’re selling a home in poor condition in City of Columbia, MO and want a a fast and easy solution, call Evervest today at (573) 367-5767 or contact us through our website.
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When Is a House in City of Columbia, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella term. To some, it may mean a house that is unlivable, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can fall into three group: homes that you can’t live in, houses that need significant work done, 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 that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Serious electrical issues
- Serious roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but not ideal. Houses in need of major fixes 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 issues with the foundation
- 3. Houses in need of updating or are other minor patchwork — Some houses aren’t necessarily in bad shape, but may not be appealing to conventional home buyer for other reasons:
- The house is in bad part of town
- You have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed at the property
- Stained surfaces
- Neglected landscape
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in City of Columbia, MO, it may be more difficult than selling a turnkey house, but that doesn’t mean it’s impossible.
Selling a House in City of Columbia, MO in Poor Condition? Here’s What You Can Do
Most people looking to buy a home want a house they can envision themselves relaxing in, not one they’ll have to put work into, or pay someone thousands of dollars to fix after they’ve already spent money on the house. While selling a house that is already turnkey property is not as hard on the traditional market, there are still ways you can sell your City of Columbia, MO house in poor condition:
- Do a complete remodel — This is how you can secure the most value for your home from a traditional buyer. However, the cost of getting there is high. A total home remodeling costs between $17,942-$78,270. According to data from the national resale report, most repairs only get a 50-70% cost recuperation. For example, the average bathroom remodel costs $27,164, but only adds $15,990 in value to your home. While making significant repairs will likely fetch the highest bid for your house, you’re unlikely to recoup all the money you spent on repairs. The upgrades will also take time, and it could be months or even a year before you can list your home on the City of Columbia, MO market.
- Make minor upgrades — An alternative is to simply raise your City of Columbia home’s curb appeal. Curb appeal by itself can improve a home’s sale price by almost 10% or more. The cost of minor upgrades is much cheaper than major repairs:
- $153-$929 for a light fixture
- $161-$363 to replace 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 aesthetic upgrades will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the conventional market — There are some traditional buyers who will buy a house as-is in an effort to spend less on the down payment and gradually repair the house 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 make the home look nice when they see it. That alone can lead to you spending more money.
- Sell in its current condition to cash home buying company — The final option is to sell your property to an as-is home buyer in City of Columbia, MO. At Evervest, we give fair 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 hand in as little as a month:
- We come to your home and do 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 complete the sale in as little as 7 days
Our process is not only fair and fast, but it’s entirely hassle-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 have to see is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to mop the floors before we do our inspection.
Our team consists of a licensed City of Columbia, MO real estate broker, and a construction crew with over three decades of experience. We are always straightforward to City of Columbia, MO homeowners about how much their property is worth, and how we valued it. We’re not going to get rich off selling your property; we do what we do to make a moderate amount of money and give City of Columbia families a place to settle down.
If you’re interested in selling your house in poor condition to a cash home buyer, get in touch with us at (573) 367-5767, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in City of Columbia, MO: FAQs
Nearly 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 City of Columbia, MO homeowners who inquire to us still want to know more about the process. The following are some of the most frequently asked questions concerning 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 there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and dedication to our neighborhoods. If you have any doubts, you can check out our client testimonials and our perfect rating with the Better Business Bureau®. We’ll always show you proof of funds before you sign, and in over 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 City of Columbia, MO area, and are proud to raise our own children in the same place. We’re not trying 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 will depend on a variety of things, including what City of Columbia, MO neighborhood it’s in, its size, and the condition its in. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are numerous sites, like Zillow, that give home value estimates. You can also consult with a credentialed appraiser 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 property from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a good way to get the money to pay off your debts quickly.
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 home, and aren’t won’t be getting a mortgage.
Other types of properties we buy in City of Columbia, 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 Columbia, 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 30 years of experience offering Columbia, MO homeowners get fair value for their properties. Don’t let a damaged home hold you down; get the funds to move to the next stage of your life today. To sell your Columbia, MO home in poor condition, call us at (573) 367-5767 or tell us about your property through our website.