Selling a House in Poor Condition in Clay County, MO
Selling a house in poor condition in Clay County, MO. Selling a house that needs major repairs can be daunting. Whether you don’t want to deal with repainting, cleaning, and staging for the conventional market, or are asking yourself if you’re ever going to be able to get rid of a home with extensive fire damage, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is homes in the Clay County area, and can put cash in your pocket in as little as a month. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Clay County, MO and want a home-selling experience with no hassle, call Evervest today at (816) 368-8508 or tell us about your property online.
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When Is a House in Clay County, MO Considered to Be in Poor Condition?
“Poor condition,” is a subjective phrase. To some, it may mean massive damage, 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 need aesthetic updates:
- 1. Houses that no one can live in — Sometimes, the damage to a home is so bad that no one can safely live in it. Examples of uninhabitable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Considerable foundation issues
- Termite damage
- Serious electrical issues
- Significant roof damage
- 2. Houses that need major work done — Other houses can be lived in, but not ideal. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small cracks in the foundation
- 3. Houses that need updating or are otherwise undesirable — Some houses don’t need major remodeling done, but may not be appealing to conventional home buyer for other reasons:
- The house is in bad neighborhood
- You have bad tenants
- It’s an outdated house
- It’s been vacant a long time
- Crimes were committed at the property
- Stained surfaces
- Neglected landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Clay County, MO, it will be much harder than finding a buyer for a turnkey house, but that doesn’t mean it’s impossible.
Selling a House in Clay County, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house they can see themselves relaxing in, not one they’ll have to work on for years, or hire someone to bring it up to par after the cost they put into the purchase. While selling a house that is already turnkey property is not as hard to a conventional buyer, there are still ways you can sell your Clay County, MO house in poor condition:
- Do a complete remodel — This will secure the most money for your house from a traditional buyer. However, the repairs may not add enough value for you to get your money back. An entire home renovation costs between $17,942-$78,270. According to national cost vs. value report, most repairs don’t even get a 70% cost recuperation. For instance, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While making significant repairs will almost certainly fetch the highest bid for your house, you’re unlikely to profit off of the repairs you made. The upgrades will also take time, and it could be months or even a year before you can list your property on the Clay County, MO market.
- Make minor upgrades — An alternative is to merely make your Clay County house look nicer. Curb appeal alone can increase a house’s value by almost 10% or more. The cost of minor upgrades is much easier to fit in a budget:
- $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 the return on investment isn’t very high either, you’ll be giving up considerably less money than if you do a full renovation. The aesthetic upgrades will improve offers from prospective buyers, 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 in poor condition with the hope of spending less upfront and gradually make upgrades over the years. Those will be harder to find, and they’ll still expect the house to be clean, the lawn to be tidy, and that you’ll make the home look nice when they see it. That alone can lead to you spending more money.
- Sell in poor condition to a cash home buyer — Lastly, you can sell your property to an as-is home buying company in Clay County, MO. At Evervest, we give fair offers for homes in any condition. Then, we renovate the home and make a small profit off the resale. Our process is easy and gets cash in your pocket in as little as 30 days:
- We carry out our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- 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 nuisance-free. You won’t have to deal with dozens of people looking over 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 licensed Clay County, MO real estate broker, and a contractor with more than 30 years of experience. We are always straightforward to Clay County, MO residents 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 enhance our Clay County neighborhoods.
If you’re interested in selling your house in poor condition for cash, get in touch with us at (816) 368-8508, or read on below.
Selling a House in Poor Condition in Clay County, MO: Frequently Asked Questions
31.4% of American home purchases are paid for with cash, according to a Redfin report. While selling a house in poor condition to an as-is buyer is becoming an increasingly popular option, most people in Clay 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 it can be. The world has no shortage of dishonest people. But selling to Evervest is not a scam; we pride ourselves on our honesty and dedication to our communities. If you still have concerns, you can look at our client testimonials and our perfect rating 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 grew up in the Clay County, MO area, and are proud to raise our own kids in the same place. We’re not trying to cheat 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. The value of your home will depend on a variety of aspects, including where in St. Louis, MO it’s located, how big it is, and how much repairing it will cost us. More repairs equals lower value. Still, there are ways to do your own research. There are numerous web pages, like Zillow, that offer home value estimates. You can also hire a licensed appraiser who can give you their estimate.
Can I sell my house if I’m in debt?
Yes. We’ve bought homes 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 pay off your debts fast.
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 property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Clay County, MO include:
- Selling a Home in Pre-Foreclosure
- How to Sell a House That Needs Major Repairs
- Home Investors
- Sell My House
- Cash for Homes
- Cash Home Buyer
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 we can offer a solution. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let a damaged property hold you down; turn it into a jumping board to the next phase of your life today. To sell your St. Louis, MO home in poor condition, call us at (816) 368-8508 or get your offer through our website.