Selling a House in Poor Condition in Clayton, MO
Selling a house in poor condition in Clayton, MO. We know, it seems impossible to get some houses off your hands. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the traditional market, or are wondering if you’re ever going to be able sell a home with significant asbestos presence, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is houses in the Clayton 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 need to sell a home in poor condition in Clayton, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or contact us through our website.
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What is Meant By a Home in “Poor Condition” in Clayton, MO?
“Poor condition,” is an inexact term. To some, it may mean a house that is unlivable, to others it may mean the cabinets need refinishing. Typically, houses in poor condition can be broken down into three categories: houses that no one can live in, houses that need extensive work done, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home must. Examples of unlivable houses include:
- Significant Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Significant foundation issues
- Termite damage
- Considerable electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses habitable, but still have major issues. 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 in need of aesthetic fixes or are otherwise undesirable — Some houses aren’t necessarily in bad shape, but could possibly turn traditional buyers off for other reasons:
- 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- It’s an outdated home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 at the property
- Dirty surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Clayton, MO, it will be much harder than finding a buyer for a house that’s already in pristine condition, but you do have some options.
Selling a House in Clayton, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house they can see themselves being comfortable 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 in turnkey condition is not as hard on the conventional market, you still have a few options for selling your Clayton, 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 costs between $17,942-$78,270. According to national cost vs. value averages, most repairs only get a 50-70% cost recuperation. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 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 your house is ready for the Clayton, MO market.
- Make aesthetic repairs — An alternative is to merely increase your Clayton home’s curb appeal. Curb appeal by itself can increase a property’s value by 7% or more. The cost of cosmetic 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 get all that money back, you’ll be sacrificing significantly less money than if you do a full renovation. The added curb appeal will improve offers from prospective buyers, though not as much as making major repairs.
- Sell your home “as-is” to a conventional buyers — There are some conventional buyers who will buy a home in poor condition with the hope of spending less upfront and gradually make upgrades over time. Those will be more difficult to find, and they’ll still want 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 — The final option is to sell your property to a company that pays cash for Clayton-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make the repairs ourselves and sell the property at a slightly higher value. Our process is stress-free and gets cash in your account in as little as a month:
- We carry out our own inspection
- We give you the highest offer we can while still setting ourselves up for a profit
- If you agree to sell to us, we can write up a contract and close in just a week
Our process is not only fair and fast, but it’s entirely hassle-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 that’s buying your home. 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 is made up of a professional Clayton, MO real estate broker, and a contractor with over three decades of experience. We are always straightforward to Clayton, MO homeowners about how much their property is worth, and how we came to that number. We’re not going to get rich off selling your property; we buy and rehabilitate houses to make a moderate amount of money and give Clayton families a place to settle down.
If want to learn more about selling your house in poor condition for cash, call us at (314) 730-0366, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Clayton, MO: FAQs
31.4% 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 Clayton, MO homeowners who reach out to us still have questions 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?
Unfortunately sometimes. The world has no shortage of dishonest people. But selling to Evervest is not a scam; we pride ourselves on our integrity and dedication to our neighborhoods. If you have any doubts, you can read our client testimonials and our perfect score with the Better Business Bureau®. You’ll see proof of funds before you sign, and in more than two decades 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 Clayton, MO area, and are proud to raise our own kids in the same place. We do not want to be dishonest with any of our neighbors.
How do I know how much my home is really worth as-is?
We always strive to give offers that we truly believe are fair. The value of your home will depend on numerous different aspects, including where in St. Louis, MO it’s located, how big it is, and the cost of making all the repairs. The more the repairs, the more it’s value will go down. 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 give home value estimates. You can also consult with a professional appraiser who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought houses from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is an excellent way to get the funds 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 pay for the full value of the home, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Clayton, 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 a stressful experience, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO residents get fair value for their properties. Don’t let a damaged property 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 online.