Selling a House in Poor Condition in Crestwood, MO
Selling a house in poor condition in Crestwood, MO. We get it, some houses seem impossible to sell. 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 to get rid of a property with considerable termite damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is properties in the Crestwood area, and can close in as little as a month. Whatever type of repairs your home needs, we will make you an offer. If you need to sell a home in poor condition in Crestwood, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or get your offer online.
What is Meant By a Home in “Poor Condition” in Crestwood, MO?
“Poor condition,” is an inexact term. To some, it may mean massive damage, to others it may mean the cabinets need refinishing. Typically, houses in poor condition can fall into three group: houses that no one can live in, houses that need significant work done, and houses that just need some fine tuning:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor shape that it does not provide the basic shelter a home must. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Significant foundation issues
- Termite damage
- Serious electrical issues
- Considerable roof damage
- 2. Houses that need significant repairs — Other houses habitable, but still have major issues. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Dying 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 might not be appealing to conventional home buyer for other reasons:
- The house is in bad neighborhood
- You have bad tenants
- It’s an outdated property
- It’s been vacant a long time
- Crimes were committed inside the home
- Stained surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Crestwood, MO, it may be more difficult than finding a buyer for a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Crestwood, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house to live comfortably in right away, 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 not as hard on the conventional market, you still have a few options for selling your Crestwood, MO house in poor condition:
- Make major repairs — This will get the most money for your house from a conventional buyer. However, the cost of getting there is high. An entire home renovation will run up to $78,270. According to national cost vs. value averages, most repairs only get a 50-70% cost recuperation. For example, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While investing in major upgrades will almost certainly get you the most money for your house at final sale, you probably won’t recoup all the money you spent on repairs. The upgrades will also add significant time to the time before your house is ready for the Crestwood, MO market.
- Make aesthetic upgrades — An alternative is to simply make your Crestwood house look nicer. Curb appeal alone 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 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 aesthetic upgrades will lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” on the conventional market — There are some conventional buyers who will buy a house in poor condition in an effort to spend less on the down payment and incrementally make upgrades over the years. There aren’t many of those, and they’ll still want the house to be clean, the lawn to be tidy, and that you’ll put effort into staging the home. That alone can lead to you spending more money.
- Sell in poor condition to an as-is home buyer — The final option is to sell your home to a company that pays cash for Crestwood-area homes. At Evervest, we give fair offers for homes in any condition. Then, we make the repairs ourselves and make a small profit off the resale. Our process is stress-free and gets cash in your pocket 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 agree to sell to us, we can write up a contract and complete the sale in as little as a week
The way we do things puts no pressure on you and gets you fair value for your house. You won’t have to deal with dozens of people coming in and out of 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 licensed Crestwood, MO real estate broker, and a construction expert with more than three decades of experience. We are always straightforward to Crestwood, MO homeowners about the value of their home, and how we came to that number. We’re don’t get rich off the sale of one property; we do what we do to make a moderate amount of money and improve our Crestwood neighborhoods.
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 Crestwood, MO: Frequently Asked Questions
Nearly one-third of U.S. home purchases are paid for with cash, according data from a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most Crestwood, MO homeowners who call us still want to know more about the process. Below are some of the questions we get the most about 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 are intent and intentional about our integrity and devotion to our communities. If you still have concerns, you can look at our client testimonials and our A+ score with the Better Business Bureau®. You’ll see proof of funds before you sign, and in over 20 years we have never backed out of a contract because we didn’t abide by its terms.
We grew up in the Crestwood, MO area, and are proud to raise our own children where we grew up. We’re not trying to cheat any of our neighbors.
How do I know the true value of my home as-is?
We always strive to give offers that we truly believe are fair. How much your home is worth 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. More repairs equals lower value. Still, there are ways to do your own research. There are numerous sites, like Zillow, that give approximations of your homes value. You can also consult with a professional assessor to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve purchased homes 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.
Do I get paid in actual cash?
No. While it might sound fun to have bags full of cash, we’ll pay you through an electronic transfer into your account. “Cash buyer” means we’re using our own money to pay for the full value of the home, and aren’t taking out a loan.
Other types of properties we buy in Crestwood, 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
- 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 we can offer a solution. 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; 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 (314) 730-0366 or tell us about your property online.