Selling a House in Poor Condition in Hazelwood, MO
Selling a house in poor condition in Hazelwood, MO. Selling a house that needs major repairs can be difficult. 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 considerable asbestos presence, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is properties in the Hazelwood area, and can put cash in your pocket in as little as a month. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Hazelwood, MO and want a stress-free solution, call Evervest today at (314) 730-0366 or contact us online.
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When Is a House in Hazelwood, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella term. To some, it may mean a house that is unlivable, to others it may mean the cabinets need refinishing. Typically, houses in poor condition can fall into three categories: homes that you can’t live in, houses that need significant repairs, and houses that need cosmetic updates:
- 1. Houses that you can’t live in — Sometimes, the damage to a home is so bad 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
- Serious foundation issues
- Termite damage
- Serious electrical issues
- Significant roof damage
- 2. Houses that need major work done — Other houses habitable, but uncomfortably. Houses in need of serious repairs 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 updating or are other minor patchwork — Some houses don’t need major remodeling done, but may turn traditional buyers off because of other issues:
- The house is in bad neighborhood
- You have bad tenants
- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed inside the home
- Dirty surfaces
- Neglected grass
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Hazelwood, MO, it may be more difficult than finding a buyer for a house that’s already in pristine shape, but that doesn’t mean it’s completely unsellable.
Selling a House in Hazelwood, MO in Poor Condition? Here’s What You Can Do
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 the cost they put into the purchase. While selling a house that is already turnkey property is not as hard to a conventional buyer, you still have a few options for selling your Hazelwood, MO house in poor condition:
- Do a complete remodel — This will get the most value for your home from a traditional buyer. However, the repairs may not add enough value for you to get your money back. A complete home renovation will run between $17,942-$78,270. According to research from the national resale report, most repairs don’t even get a 70% return on investment. For instance, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While making significant upgrades will almost certainly 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 your house is ready for the Hazelwood, MO market.
- Make aesthetic upgrades — An alternative is to simply increase your Hazelwood home’s curb appeal. Curb appeal by itself can raise a home’s sale price by 7% 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 the return on investment isn’t very high either, you won’t be spending nearly as much money. The cosmetic upgrades will lead to a higher offer, though not as much as the first option.
- Sell your home “as-is” to a traditional buyers — There are some conventional buyers who will buy a home in poor condition in an effort to spend less on the down payment and gradually make upgrades over time. Those will be more difficult to find, 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 poor condition to an as-is home buyer — The final option is to sell your property to a company that pays cash for Hazelwood-area homes. At Evervest, we buy homes in any condition for the current value of the property. Then, we make all the necessary repairs and upgrades ourselves and make a moderate profit off the resale. Our process is simple and gets money in your pocket 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
- When you accept our offer, we can write up a contract and complete the sale in as little as 7 days
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 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 pick the socks up off the floor when we come over to look at your home.
Our team consists of a professional Hazelwood, MO real estate broker, and a construction expert with more than 30 years of experience. We are always direct to Hazelwood, MO residents about how much their property is worth, and how we valued it. We’re not going to get rich off selling your property; we buy and renovate houses to earn a moderate profit and give Hazelwood families a place to settle down.
If you’re interested in selling your house in poor condition to a cash home buyer, reach out to 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 Hazelwood, MO: FAQs
31.4% of American home purchases are paid for with cash, according data from a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most Hazelwood, MO homeowners who call us still have questions about the process. The following are some of the most frequently asked questions concerning selling a house as-is:
Is the cash home buying process a scam?
Unfortunately it can be. There are dishonest people in this world who try to trick others for money. But there are no scams involved when you sell to Evervest; we are intent and intentional about our honesty and dedication to our communities. If you have any doubts, you can read our client testimonials and our perfect score with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in more than two decades we have never backed out of a contract because we didn’t abide by its terms.
We grew up in the Hazelwood, 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 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 what Hazelwood, MO neighborhood it’s in, its size, and the condition its in. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are many sites, like Zillow, that offer home value estimates. You can also consult with a licensed 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 property 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 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 cover the full purchase of the property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Hazelwood, 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 over three decades of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let an old property hold 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 get your offer through our website.