Selling a House in Poor Condition in Glasgow Village, MO
Selling a house in poor condition in Glasgow Village, MO. Selling a house that needs major repairs can be daunting. Whether you don’t want to make the minor updates necessary for a conventional buyer, or are asking yourself if you’re ever going to be able sell a home with serious water damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is properties in the Glasgow Village area, and can put cash in your pocket 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 Glasgow Village, 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 Glasgow Village, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella term. To some homeowners, it may mean a house that is unlivable, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can fall into three categories: houses that no one can live in, houses that need significant repairs, and houses that just need some fine tuning:
- 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 uninhabitable houses include:
- Significant Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Serious electrical issues
- Considerable roof damage
- 2. Houses that need major repairs — Other houses habitable, but uncomfortably. Houses in need of major fixes are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of updating or are otherwise undesirable — Some houses don’t need major repairs done, but might not be appealing to conventional home buyer because of other issues:
- The house is in bad part of town
- You have bad tenants
- It’s an outdated house
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Glasgow Village, MO, it may be more difficult than selling a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Glasgow Village, MO in Poor Condition? Read on For Help
Most home buyers want a house they can envision themselves relaxing in, not one they’ll have to put work into, or spend money to bring it up to par after they’ve already spent money on the house. While selling a property that is already in turnkey condition is easier on the conventional market, there are still ways you can sell your Glasgow Village, MO house in poor condition:
- Do a complete remodel — This will secure the most money for your house on the traditional market. However, the cost of getting there is high. A complete house remodeling will run up to $78,270. According to national resale report, most repairs only get a 50-70% return on investment. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 in value to your home. While investing in major repairs will likely get you the most money for your house at final sale, you’re unlikely to profit off of the repairs you made. The repairs will also take time, and it could be months or even a year before you can list your property on the Glasgow Village, MO market.
- Make minor repairs — Another option is to merely make your Glasgow Village house more attractive. Curb appeal by itself can improve a property’s value by almost 10% or more. The cost of minor upgrades is much cheaper than major repairs:
- $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 recoup all those expenses through the sale, you’ll be sacrificing significantly less money than if you do a full renovation. The added curb appeal will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” to a traditional buyers — Some prospective homeowners may buy a home in poor condition with the hope of spending less on the down payment and gradually make upgrades over the years. There aren’t many of those, and they’ll still expect an empty house that’s well-staged when they see it. That will further increase the time and money spent before the house is sold.
- Sell in its current condition to a cash home buyer — Lastly, you can sell your house to a company that pays cash for Glasgow Village-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we renovate the home and sell the property at a slightly higher value. Our process is simple and gets cash 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 seeing the property as an investment for ourselves
- If you agree to sell to us, we can have a contract ready and close in just 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 who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to do the dishes when we come over to look at your home.
Our team consists of a professional Glasgow Village, MO real estate broker, and a construction expert with over three decades of experience. We are always direct to Glasgow Village, MO residents about the value of their home, and how we valued it. We’re not going to get rich off selling your property; we buy and rehabilitate houses to make a moderate amount of money and give Glasgow Village families a place to settle down.
If want to learn more about selling your house in poor condition to a cash home buyer, call us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Glasgow Village, MO: FAQs
Nearly one-third of American home purchases are paid for with cash, according to a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most Glasgow Village, MO homeowners who reach out to us still have questions about the process. The following 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 selling to Evervest is not a scam; we pride ourselves on our integrity and commitment to our communities. If you still have concerns, you can look at 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 over 20 years we have never gone back on a contract because we didn’t follow its terms.
We’re from the Glasgow Village, MO area, and are proud to raise our own families in the same place. 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 is based on numerous different factors, including where in St. Louis, MO it’s located, its size, and how much repairing it will cost us. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are numerous sites, like Zillow, that offer home value estimates. You can also hire a professional appraiser to help you understand how much your home is worth.
Can I sell my house if there’s a lien on it?
Yes. We’ve purchased homes from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a great way to get the money 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 home, and aren’t taking out a loan.
Other types of properties we buy in Glasgow Village, 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 seem impossible, but it doesn’t have to be. Evervest Home Buyers has more than 30 years of experience offering St. Louis, MO homeowners get full value for their properties. Don’t let an old house weigh 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 tell us about your property through our website.