Selling a House in Poor Condition in Frontenac, MO
Selling a house in poor condition in Frontenac, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to make the minor updates necessary for a conventional buyer, or are asking yourself how on earth you’re going sell a house with serious termite damage, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is properties in the Frontenac area, and can put cash in your pocket in as little as a month. No matter what shape your house is in, we are interested in buying it. If you’re selling a home in poor condition in Frontenac, 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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What is Meant By a Home in “Poor Condition” in Frontenac, MO?
“Poor condition,” is a subjective term. To some, it may mean a house that is unlivable, to others it may simply mean the walls need repainting. Typically, houses in poor condition can be broken down into three categories: houses that are uninhabitable, houses that need major 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:
- Serious Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Significant foundation issues
- Termite damage
- Significant electrical issues
- Considerable roof damage
- 2. Houses that need major work done — Other houses can be lived in, but not ideal. Houses in need of major work are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of updating 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 neighborhood
- You have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed at the property
- Dirty surfaces
- Neglected grass
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Frontenac, MO, it may be more difficult than finding a buyer for a house that’s already in pristine shape, but you do have some options.
Selling a House in Frontenac, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house to live comfortably in right away, not one they’ll have to fix up, or spend money to repair after the cost they put into the purchase. While selling a house that is already turnkey property is not as hard on the traditional market, there are still ways you can sell your Frontenac, MO house in poor condition:
- Make major repairs — This is how you can secure the most value for your house on the traditional market. However, the repairs may not add enough value for you to get your money back. A total home renovation will run between $17,942-$78,270. According to national cost vs. value report, most repairs only get a 50-70% 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 repairs will likely get you the most money for your house at final sale, you probably won’t 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 Frontenac, MO market.
- Make aesthetic upgrades — Another option is to simply boost your Frontenac home’s curb appeal. Curb appeal by itself can improve a house’s value by almost 10% or more. The cost of cosmetic upgrades is much cheaper than major repairs:
- $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 substantially 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” on the traditional market — Some people may buy a property in poor condition with the hope of spending less on the down payment and incrementally repair the house over the years. Those will be more difficult to find, and they’ll still expect an empty house that’s well-staged when they see it. All of that takes additional time and 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 Frontenac-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make all the necessary repairs and upgrades ourselves and sell the property at a slightly higher value. Our process is stress-free and gets cash in your pocket in as little as 30 days:
- We carry out our own inspection
- We give you the highest offer we can while still seeing the property as an investment for ourselves
- When you accept our offer, we can write up a contract and complete the sale in as little as 7 days
Our process 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 have to talk to is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to pick the socks up off the floor before we do our inspection.
Our team is made up of a professional Frontenac, MO real estate broker, and a construction expert with more than 30 years of experience. We are always straightforward to Frontenac, 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 buy and renovate houses to earn a moderate profit and improve our Frontenac neighborhoods.
If want to learn more about selling your house in poor condition for cash, get in touch with 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 Frontenac, MO: FAQs
Almost one-third of American home purchases are paid for with cash, according data from a Redfin report. While selling a house in poor condition to an as-is buyer is becoming a more popular option, most Frontenac, MO homeowners who inquire to us still have questions 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?
Unfortunately sometimes. 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 integrity and dedication to our communities. If you have any doubts, you can check out our client testimonials and our A+ rating with the Better Business Bureau®. We’ll always show you proof of funds before you sign, 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 grew up in the Frontenac, MO area, and are proud to raise our own children where we grew up. We do not want 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 is based on numerous different things, including what Frontenac, MO neighborhood it’s in, how big it is, and how expensive making all the repairs might be. The more the repairs, the less we’ll want to pay for it. Still, there are many ways you can find out how much you should get for your as-is property. There are many sites, like Zillow, that give home value estimates. You can also consult with a professional assessor who can give you their professional opinion.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought property from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a good way to get the funds to pay off your debts fast.
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 funds to pay for the full value of the property, and aren’t depending on a lender.
Other types of properties we buy in Frontenac, 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 difficult, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO residents 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.