Selling a House in Poor Condition in Kirkwood, MO
Selling a house in poor condition in Kirkwood, 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 wondering how on earth you’re going to get rid of a house with significant fire damage, Evervest Home Buyers is here to take your poor condition property off your hands. We Give fair, all-cash offers for as-is houses in the Kirkwood area, and can complete the transfer in as little as 30 days. Whatever type of repairs your home needs, we will make you an offer. If you need to sell a home in poor condition in Kirkwood, MO and want a stress-free solution, call Evervest today at (314) 730-0366 or get your offer online.
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What is Meant By a Home in “Poor Condition” in Kirkwood, MO?
“Poor condition,” is an inexact term. To some, it may mean a home that needs major repairs, to others it may simply mean the windows need to be caulked. Generally, houses in poor condition can be broken down into three categories: homes that no one can live in, houses that need significant repairs, and houses that need aesthetic updates:
- 1. Houses that no one can live in — 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:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Extensive foundation issues
- Termite damage
- Extensive electrical issues
- Considerable roof damage
- 2. Houses that need major repairs — Other houses can be lived in, 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 in need of updating or are otherwise undesirable — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off for other reasons:
- The house is in bad neighborhood
- It’s a rental and 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- It’s an outdated house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
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Kirkwood, MO, it may be more difficult than finding a buyer for a turnkey house, but you do have some options.
Selling a House in Kirkwood, MO in Poor Condition? You Have a Few Options
Most people looking to buy a home want a house they can envision themselves relaxing in, not one they’ll have to fix up, or spend money to fix after the cost they put into the purchase. While selling a property that is already turnkey property is easier on the traditional market, there are still ways you can sell your Kirkwood, MO house in poor condition:
- Do a complete remodel — This will secure the most money for your house on the traditional market. However, you may not get back the cost of the repairs in the sale. An entire home renovation costs up to $78,270. According to research from the national resale report, most repairs only get a 50-70% return on investment. For instance, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While investing in significant upgrades will almost certainly 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 add months or even a year to the time before your house is ready for the Kirkwood, MO market.
- Make cosmetic repairs — Another way to sell your home easier is to simply make your Kirkwood house more attractive. Curb appeal by itself can raise a house’s value by 7% or more. The cost of cosmetic upgrades is not nearly as much:
- $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 get all that money back, you’ll be sacrificing substantially less money than if you do a full renovation. The aesthetic upgrades will lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” to a traditional buyers — There are some conventional buyers who will buy a house in poor condition in an effort to spend less upfront and gradually make upgrades over time. There aren’t many of those, and they’ll still expect the house to be clean, the lawn to be tidy, and that you’ll make the home look nice when they see it. That alone can lead to you spending more money.
- Sell in poor condition to an as-is home buyer — The final option is to sell your house to a company that pays cash for Kirkwood-area homes. At Evervest, we buy homes in any condition for the current value of the property. Then, we make the repairs ourselves and make a moderate profit off the resale. Our process is stress-free 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 best possible offer 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 a week
The way we do things puts no pressure on you and gets you fair value for your home. 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 vacuum the carpet when we come over to look at your home.
Our team is made up of a professional Kirkwood, MO real estate broker, and a contractor with over three decades of experience. We are always straightforward to Kirkwood, 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 renovate houses to earn a moderate profit and improve our Kirkwood neighborhoods.
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 Kirkwood, 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 Kirkwood, MO homeowners who inquire to us still have questions about the process. The following are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately it can be. There are bad people in this world who lie to others for money. But selling to Evervest is not a scam; we are intent and intentional about our honesty and commitment to our neighborhoods. If you have any doubts, you can check out our client testimonials and our A+ 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 backed out of a contract because we didn’t follow its terms.
We’re from the Kirkwood, MO area, and are proud to raise our own children where we grew up. 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?
Our offer will be what we genuinely think is fair. How much your home is worth will depend on a variety of factors, including where in St. Louis, MO it’s located, its size, and the cost of making all the repairs. 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 give approximations of your homes value. You can also hire 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 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 funds to cover the full purchase of the house, and aren’t depending on a lender.
Other types of properties we buy in Kirkwood, MO include:
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (For Cash)
- Sell My House Fast 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 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 bad experience, 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 a damaged house hold 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 online.