Selling a House in Poor Condition in Fair Grove, MO
Selling a house in poor condition in Fair Grove, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for a traditional buyer, or are wondering how on earth you’re going sell a house with serious black mold presence, 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 Fair Grove area, and can complete the transfer in as little as a few weeks. Whatever type of repairs your home needs, we will make you an offer. If you’re selling a home in poor condition in Fair Grove, MO and want a a fast and easy solution, call Evervest today at (417) 815-3889 or tell us about your property through our website.
What is Meant By a Home in “Poor Condition” in Fair Grove, MO?
“Poor condition,” is a subjective phrase. To some homeowners, it may mean massive damage, to others it may mean the carpet needs some serious cleaning. Generally, houses in poor condition can fall into three categories: homes that you can’t live in, houses that need major work done, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor shape that no one can safely live in it. Examples of uninhabitable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Significant electrical issues
- Significant roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but uncomfortably. Houses in need of serious fixes are houses with:
- Plumbing issues
- Minor electrical issues
- Dying HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small issues with the foundation
- 3. Houses that need updating or are other minor patchwork — Some houses don’t need major remodeling done, but might turn traditional buyers off because of other issues:
- The house is in bad part of town
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed inside the home
- Stained surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Fair Grove, MO, it will be much harder than finding a buyer for a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Fair Grove, 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 put work into, or pay someone thousands of dollars to repair after they’ve already spent money on the house. While selling a house that is already in turnkey condition is easier on the conventional market, you still have a few options for selling your Fair Grove, MO house in poor condition:
- Invest in major upgrades — This is the way to secure the most money for your house from a conventional buyer. However, you might not recoup the cost of the repairs in the sale. An entire house remodeling will run between $17,942-$78,270. According to data from the national cost vs. value report, most repairs only get a 50-70% ROI. For instance, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While investing in significant repairs will almost certainly get you the most money for your house at final sale, you’re unlikely to 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 Fair Grove, MO market.
- Make aesthetic repairs — Another option is to merely make your Fair Grove house look nicer. Curb appeal alone can improve a property’s sale price by 7% 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 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 added curb appeal 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 conventional buyers who will buy a home in poor condition in an effort to spend less upfront and slowly repair the house over time. Those will be more difficult to find, 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 poor condition to an as-is home buyer — Lastly, you can sell your property to a company that pays cash for Fair Grove-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we make the repairs ourselves and sell the property at a slightly higher value. Our process is stress-free and gets money in your pocket in as little as a month:
- We perform 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 write up a contract and close in as little as a week
The way we do things is not only fair and fast, but it’s entirely stress-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 that’s buying your home. We are discrete and nonjudgmental; you don’t even have to mop the floors before we do our inspection.
Our team is made up of a licensed Fair Grove, MO real estate broker, and a construction crew with more than 30 years of experience. We are always direct to Fair Grove, 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 buy and rehabilitate houses to earn a moderate profit and enhance our Fair Grove neighborhoods.
If you’re interested in selling your house in poor condition to a cash home buyer, get in touch with us at (417) 815-3889, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in Fair Grove, MO: Frequently Asked Questions
31.4% of U.S. homes sell to cash buyers, according to a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most people in Fair Grove, MO who inquire to us still have questions about the process. Below are some of the questions we get the most concerning selling a house as-is:
Is the cash home buying process a scam?
Unfortunately it can be. The world has no shortage of liars. But there are no scams involved when you sell to Evervest; we are intent and intentional about our honesty and commitment to our neighborhoods. If you still have concerns, you can check out our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, and in 20+ years we have never gone back on a contract because we didn’t abide by its terms.
We grew up in the Fair Grove, MO area, and are proud to raise our own families where we grew up. We do not want to be dishonest with 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 a variety of aspects, including where in Springfield, MO it’s located, how big it is, and the cost of making all the repairs. The more the repairs, the less we’ll want to pay for it. Still, there are ways to do your own research. There are many web pages, like Zillow, that offer approximations of your homes value. You can also hire a credentialed appraiser 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. Selling a home for cash is a great way to get the funds to become debt-free 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 property, and aren’t depending on a lender.
Other types of properties we buy in Fair Grove, 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 Springfield, 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 over 30 years of experience offering Springfield, MO homeowners get fair value for their properties. Don’t let a damaged property weigh you down; turn it into a jumping board to the next phase of your life today. To sell your Springfield, MO home in poor condition, call us at (417) 815-3889 or get your offer online.