Selling a House in Poor Condition in Lake Winnebago, MO
Selling a house in poor condition in Lake Winnebago, MO. We get it, it seems impossible to get some houses off your hands. Whether you don’t want to deal with repainting, cleaning, and staging for a conventional buyer, or are asking yourself if you’re ever going to be able sell a property with extensive termite damage, Evervest Home Buyers is here to take your unwanted property off your hands. We pay full value, in cash, for as-is houses in the Lake Winnebago area, and can complete the transfer in as little as a few weeks. No matter what condition your house is in, we are interested in buying it. If you need to sell a home in poor condition in Lake Winnebago, MO and want a home-selling experience with no hassle, call Evervest today at (816) 368-8508 or tell us about your property online.
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When Is a House in Lake Winnebago, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella phrase. To some homeowners, it may mean a home that needs major repairs, to others it may mean the cabinets need refinishing. Generally, houses in poor condition can be categorized by three types: homes 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, a house is in such poor shape that no one can live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Serious foundation issues
- Termite damage
- Significant electrical issues
- Significant roof damage
- 2. Houses that need major work done — Other houses habitable, but not ideal. Houses in need of serious work are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small issues with the foundation
- 3. Houses in need of cosmetic updates or are other minor patchwork — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off 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- It’s an outdated home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 inside the home
- Dirty surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Lake Winnebago, MO, it will be much harder than finding a buyer for a house that’s already in pristine condition, but that doesn’t mean it’s impossible.
Selling a House in Lake Winnebago, MO in Poor Condition? Read on For Help
Most home buyers want a house to live comfortably in right away, not one they’ll have to put work into, or spend money to repair after the cost they put into the purchase. While selling a house that is already in turnkey condition is not as hard to a conventional buyer, there are still ways you can sell your Lake Winnebago, MO house in poor condition:
- Make major upgrades — This is how you can get the most money for your house on the traditional market. However, you might not get back the cost of the repairs in the sale. A total home renovation will run up to almost $80,000. According to national cost vs. value report, most repairs only get a 50-70% ROI. For example, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 to your final sale price. While making significant upgrades 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 months or even a year to the time before your house is ready for the Lake Winnebago, MO market.
- Make cosmetic upgrades — An alternative is to simply make your Lake Winnebago house more attractive. Curb appeal alone can boost a property’s sale price 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 a home’s interior
- $350-$3,500 to refinish cabinets
While the return on investment isn’t very high either, you’ll be sacrificing considerably 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 people may buy a house in poor condition in an effort to spend less on the down payment and gradually fix the house over the years. There aren’t many of those, and they’ll still want the house to be clean, the lawn to be tidy, and that you’ll make the home look nice when they see it. That will further increase the time and money spent before you can unload the home.
- Sell “as-is” to cash home buying company — The final option is to sell your property to a cash home buyer in Lake Winnebago, MO. At Evervest, we give fair offers for homes in poor condition. Then, we rehabilitate the home and sell the property at a slightly higher value. Our process is simple and gets money in your hand 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 setting ourselves up for a profit
- When you agree to sell to us, we can have a contract ready and close in as little as 7 days
The way we do things is not only fair and fast, but it’s entirely stress-free. 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 who’s making the purchase. 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 licensed Lake Winnebago, MO real estate broker, and a construction crew with over 30 years of experience. We are always straightforward to Lake Winnebago, 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 rehabilitate houses to earn a moderate profit and enhance our Lake Winnebago neighborhoods.
If want to learn more about selling your house in poor condition for cash, get in touch with us at (816) 368-8508, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in Lake Winnebago, MO: Frequently Asked Questions
31.4% of U.S. home purchases are paid for with cash, according data from a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Lake Winnebago, MO homeowners who call us still want to know more 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?
The short answer is: sometimes. The world has no shortage of dishonest people. But selling to Evervest is not a scam; we are intent and intentional about our honesty and commitment to our communities. If you still have concerns, you can read our client testimonials and our perfect rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in over 20 years we have never backed out of a contract because we didn’t abide by its terms.
We’re from the Lake Winnebago, 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 the true value of my home as-is?
Our offer will be what we genuinely think is fair. The value of your home is based on numerous different factors, including what Lake Winnebago, MO neighborhood it’s in, how big it is, and how much repairing it will cost us. 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 numerous web pages, like Zillow, that offer home value estimates. You can also hire a credentialed assessor who can give you their professional opinion.
Can I sell my house if I’m in debt?
Yes. We’ve bought homes from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a great way to get the funds to pay off your debts quickly.
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 money to cover the full purchase of the house, and aren’t taking out a loan.
Other types of properties we buy in Lake Winnebago, MO include:
- 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
- Cash Home Buying Company
- House Buyers
- Cash Home Buyer
Selling a House in Poor Condition in Kansas City, MO | Evervest Home Buyers
Selling a house in poor condition can be difficult, but we can offer a solution. Evervest Home Buyers has over 30 years of experience offering Kansas City, MO residents a fast and stress-free home selling experience. Don’t let an old house keep 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 contact us through our website.