Selling a House in Poor Condition in Independence, MO
Selling a house in poor condition in Independence, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the conventional market, or are asking yourself how on earth you’re going to get rid of a home with serious black mold presence, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is homes in the Independence area, and can put cash in your pocket in as little as a few weeks. Whatever type of repairs your home needs, we are interested in buying it. If you need to sell a home in poor condition in Independence, MO and want a home-selling experience with no hassle, call Evervest today at (816) 368-8508 or get your offer online.
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When Is a House in Independence, MO Considered to Be in Poor Condition?
“Poor condition,” is a subjective term. To some, it may mean a home that needs major repairs, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can be categorized by three types: homes that are uninhabitable, houses that need major work done, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad 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
- Considerable electrical issues
- Considerable roof damage
- 2. Houses that need significant repairs — Other houses can be lived in, but still have major issues. Houses in need of major 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 aesthetic fixes or are other minor patchwork — Some houses don’t need major work done, but might not be appealing to conventional home buyer for other reasons:
- The house is in bad neighborhood
- It’s a rental and you have bad tenants
- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re looking to sell a house in poor condition in Independence, MO, it will be much harder than selling a house that’s already in pristine shape, but that doesn’t mean it’s completely unsellable.
Selling a House in Independence, 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 pay someone thousands of dollars to repair after the cost they put into the purchase. While selling a home that is already in turnkey condition is not as hard on the traditional market, there are still ways you can sell your Independence, MO house in poor condition:
- Invest in major repairs — This will get the most value for your property on the conventional market. However, you might not recoup the cost of the repairs in the sale. A total home remodeling costs up to almost $80,000. According to research from the national resale averages, most repairs only get a 50-70% return on investment. For example, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While investing in significant repairs 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 add significant time to the time before you can list your property on the Independence, MO market.
- Make minor upgrades — An alternative is to merely boost your Independence 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 much easier to fit in a budget:
- $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’ll be sacrificing significantly less money than if you do a full renovation. The added curb appeal will lead to a higher offer, though not as much as making major repairs.
- 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 upfront and slowly make upgrades over time. Those will be harder 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 you can unload the home.
- Sell in poor condition to cash home buying company — The final option is to sell your property to a company that pays cash for Independence-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 easy and gets money in your account in as little as a month:
- We come to your home and do our own inspection
- We give you the best possible offer while still seeing the property as an investment for ourselves
- If you agree to sell to us, we can write up a contract and close in just 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 dozens of people coming in and out of your home. The only person you’ll have to see 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 licensed Independence, MO real estate broker, and a construction crew with more than 30 years of experience. We are always honest to Independence, MO residents about how much their property is worth, and how we came to that number. We’re not going to get rich off selling your property; we buy and rehabilitate houses to make a moderate amount of money and enhance our Independence neighborhoods.
If you’re interested in selling your house in poor condition for cash, get in touch with us at (816) 368-8508, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Independence, MO: Frequently Asked Questions
Almost one-third of American homes sell to cash buyers, according data from a Redfin report. While selling a house in poor condition to a cash buyer is becoming an increasingly popular option, most Independence, MO homeowners who call us still want to know more 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 sometimes. There are bad people in this world who try to trick others for money. But selling to Evervest is not a scam; we are intent and intentional about our integrity and dedication to our communities. If you still have concerns, 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 the purchase is complete, and in over 20 years we have never gone back on a contract because we didn’t abide by its terms.
We grew up in the Independence, MO area, and are proud to raise our own kids in the same place. We do not want 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. How much your home is worth will depend on numerous different aspects, including what Independence, MO neighborhood it’s in, how big it is, and how much repairing it will cost us. 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 many web pages, like Zillow, that offer approximations of your homes value. You can also hire a professional assessor 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 people who owe back taxes and have houses in foreclosure. Getting cash for your home is a great way to get the money to become debt-free quickly.
Do I get paid in actual cash?
No. While the idea of a suitcase full of cash is nice to think about, we’ll pay you through an electronic transfer into 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 Independence, MO include:
- Selling a Home in Pre-Foreclosure
- How to Sell a House That Needs Major Repairs
- Home Investors
- Sell My House
- Cash for Homes
- Cash Home Buyer
Selling a House in Poor Condition in Kansas City, MO | Evervest Home Buyers
Selling a house in poor condition can be a stressful experience, but we can offer a solution. Evervest Home Buyers has more than 30 years of experience offering Kansas City, MO residents a fast and stress-free home selling experience. Don’t let a damaged house weigh you down; get the funds to move to the next stage of your life today. To sell your Kansas City, MO home in poor condition, call us at (816) 368-8508 or tell us about your property through our website.