Selling a House in Poor Condition in Eureka, MO
Selling a house in poor condition in Eureka, MO. We understand, it seems impossible to get some houses off your hands. Whether you don’t want to deal with repainting, cleaning, and staging for a conventional buyer, or are wondering how on earth you’re going to get rid of a house with significant asbestos presence, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is homes in the Eureka area, and can complete the transfer in as little as a month. No matter what condition your property is in, we are interested in buying it. If you need to sell a home in poor condition in Eureka, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or contact us online.
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When Is a House in Eureka, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact term. To some homeowners, it may mean massive damage, to others it may 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 repairs, and houses that need aesthetic updates:
- 1. Houses that you can’t live in — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home must. Examples of uninhabitable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Significant foundation issues
- Termite damage
- Serious electrical issues
- Extensive roof damage
- 2. Houses that need significant repairs — Other houses can be lived in, but still have major issues. Houses in need of major 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 issues with the foundation
- 3. Houses in need of aesthetic repairs or are other minor patchwork — Some houses don’t need major work done, but could possibly 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- It’s an outdated home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 for a long period
- Crimes were committed inside the house
- Dirty surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Eureka, MO, it may be more difficult than selling a house that’s already in pristine shape, but you do have some options.
Selling a House in Eureka, MO in Poor Condition? You Have a Few Options
Most home buyers want a house to live comfortably in right away, not one they’ll have to work on for years, or hire someone to fix after they’ve already spent money on the house. While selling a home that is already in turnkey condition is easier on the traditional market, you still have a few options for selling your Eureka, MO house in poor condition:
- Do a complete remodel — This is how you can get the most value for your house from a traditional buyer. However, the repairs may not add enough value for you to remake your money. A complete home renovation costs up to $78,270. According to national resale report, most repairs don’t even get a 70% return on investment. For instance, the average bathroom remodel costs $27,164, but only adds $15,990 in value to your home. While making significant upgrades will almost certainly fetch the highest bid for your house, you probably won’t profit off of the repairs you made. The repairs will also add months or even a year to the time before you can list your house on the Eureka, MO market.
- Make cosmetic upgrades — Another thing you can do is merely make your Eureka house more attractive. Curb appeal alone can increase a home’s value by almost 10% or more. The cost of minor upgrades is not nearly as much:
- $153-$929 for a light fixture
- $161-$363 for new 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 considerably less money than if you do a full renovation. The cosmetic upgrades will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the traditional market — Some people may buy a home in poor condition in an effort to spend less on the down payment and gradually 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 make the home look nice when they see it. That will further increase the time and money spent before the house is sold.
- Sell in poor condition to cash home buying company — Lastly, you can sell your property to a company that pays cash for Eureka-area homes. At Evervest, we buy homes in any condition for the current value of the property. Then, we make the repairs ourselves and make a moderate profit off the resale. Our process is simple 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 highest offer we can while still setting ourselves up for a profit
- When you accept our offer, we can have a contract ready and complete the sale in as little as a week
The way we do things 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 deal with is the person who’s making the purchase. 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 Eureka, MO real estate broker, and a construction expert with over 30 years of experience. We are always direct to Eureka, MO homeowners about the value of their home, and how we came to that number. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and enhance our Eureka neighborhoods.
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 Eureka, MO: FAQs
31.4% of American 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 people in Eureka, MO who reach out to us still want to know more about the process. Below are some of the most frequently asked questions about selling a house as-is:
Is the cash home buying process a scam?
The short answer is: it can be. There are dishonest 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 commitment to our communities. If you have any doubts, you can read our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, 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’re from the Eureka, MO area, and are proud to raise our own families where we grew up. We do not want 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. How much your home is worth is based on numerous different aspects, including where in St. Louis, MO it’s located, how big it is, and how expensive making all the repairs might be. 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 web pages, like Zillow, that give home value estimates. You can also consult with a professional appraiser to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve bought houses from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a good way to get the funds to become debt-free 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 funds to pay for the full value of the house, and aren’t taking out a loan.
Other types of properties we buy in Eureka, 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 30 years of experience offering St. Louis, MO residents a fast and stress-free home selling experience. 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 contact us online.