Selling a House in Poor Condition in Fenton, MO
St. Louis County
Evervest Home Buyers
3015 Salena St #201
St. Louis, MO 63118
Selling a house in poor condition in Fenton, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to make the minor updates necessary for a traditional buyer, or are wondering if you’re ever going to be able to get rid of a house with significant black mold presence, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is homes in the Fenton area, and can complete the transfer in as little as 30 days. No matter what condition your property is in, we are interested in buying it. If you’re selling a home in poor condition in Fenton, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or contact us online.
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When Is a House in Fenton, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact phrase. To some, it may mean massive damage, to others it may simply mean the cabinets need refinishing. Typically, houses in poor condition can be broken down into three categories: houses that are uninhabitable, houses that need extensive repairs, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such bad shape that no one can safely live in it. Examples of unlivable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Extensive foundation issues
- Termite damage
- Serious electrical issues
- Considerable roof damage
- 2. Houses that need major work done — Other houses can be lived in, but still have major issues. Houses in need of major fixes 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 that need aesthetic updates or are other minor patchwork — Some houses aren’t necessarily in bad shape, but might not be appealing to conventional home buyer 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- It’s an outdated house
- It’s been vacant a long time
- Crimes were committed inside the home
- Stained surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Fenton, MO, it will be much harder than selling a house that’s already in pristine condition, but that doesn’t mean it’s completely unsellable.
Selling a House in Fenton, 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 spend money to fix after they’ve already spent money on the house. While selling a house that is already turnkey property is easier on the traditional market, there are still ways you can sell your Fenton, MO house in poor condition:
- Do a complete remodel — This will secure the most value for your property on the conventional market. However, you might not get back the cost of the repairs in the sale. An entire house renovation will run between $17,942-$78,270. According to research from the national cost vs. value averages, most repairs only get a 50-70% ROI. For instance, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While investing in significant upgrades will almost certainly fetch the highest bid for your house, you’re unlikely to recoup all the money you spent on repairs. The repairs will also take time, and it could be months or even a year before your house is ready for the Fenton, MO market.
- Make cosmetic repairs — An alternative is to simply increase your Fenton home’s curb appeal. Curb appeal by itself can improve a house’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 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 sacrificing significantly less money than if you do a full renovation. The cosmetic upgrades will lead to a higher offer, though not as much as the first option.
- Sell your home “as-is” to a conventional buyers — There are some conventional buyers who will buy a property as-is with the hope of spending less on the down payment and slowly repair the house 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. All of that takes additional time and money.
- Sell in its current condition to a cash home buyer — Lastly, you can sell your home to a cash home buyer in Fenton, MO. At Evervest, we give fair offers for homes in poor condition. Then, we rehabilitate the home and sell the property at a slightly higher value. Our process is stress-free and gets money in your hand in as little as a month:
- We perform 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 complete the sale in just 7 days
Our process 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 have to talk to is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to mop the floors before we do our inspection.
Our team consists of a licensed Fenton, MO real estate broker, and a construction expert with over three decades of experience. We are always honest to Fenton, MO homeowners about the value of their home, and how we valued it. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and give Fenton families a place to settle down.
If you’re interested in selling your house in poor condition for cash, call us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Fenton, MO: Frequently Asked Questions
Nearly one-third of American 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 people in Fenton, MO who call us still have questions about the process. The following 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 selling to Evervest is not a scam; we pride ourselves on our honesty and dedication to our neighborhoods. If you have any doubts, you can check out our client testimonials and our perfect rating with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, 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’re from the Fenton, MO area, and are proud to raise our own kids where we grew up. We’re not trying 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 things, 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 sites, like Zillow, that give approximations of your homes value. You can also consult with a professional assessor who can give you their estimate.
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 an excellent way to get the money 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 funds to cover the full purchase of the home, and aren’t taking out a loan.
Other types of properties we buy in Fenton, MO include:
- Sell a Property With Tenants – Fast, Easy, Hassle-Free
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (For Cash)
- 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 a Home in Pre-Foreclosure
- How to Sell a House That Needs Major Repairs
- Home Investors
- Sell My House
- Cash for Homes
- Sell My House As-Is
- Sell My Probate House
- Sell My Outdated House
- Sell My Inherited House in Greater St. Louis
- How to Sell Your House
- Investment Property Buyers
- Foreclosed House Buyer
- Fast House Buyer
- Condemned Property Buyer
- Cash Home Buyer
- Sell My Home For Cash
Selling a House in Poor Condition in St. Louis, MO | Evervest Home Buyers
Selling a house in poor condition can seem impossible, but it doesn’t have to be. Evervest Home Buyers has over 30 years of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let an old home keep 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 get your offer through our website.