Selling a House in Poor Condition in Lee’s Summit, MO
Selling a house in poor condition in Lee’s Summit, MO. We know, some houses seem impossible to sell. Whether you don’t want to make the minor updates necessary for a conventional buyer, or are wondering how on earth you’re going to get rid of a property with serious black mold presence, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is houses in the Lee’s Summit area, and can close in as little as 30 days. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Lee’s Summit, MO and want a stress-free solution, call Evervest today at (816) 368-8508 or get your offer online.
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When Is a House in Lee’s Summit, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella phrase. To some homeowners, it may mean massive damage, to others it may mean the carpet needs some serious cleaning. Generally, houses in poor condition can be broken down into three categories: homes that you can’t live in, houses that need major remodeling, and houses that just need some fine tuning:
- 1. Houses that no one can live in — 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 uninhabitable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Extensive foundation issues
- Termite damage
- Serious electrical issues
- Significant roof damage
- 2. Houses that need major work done — Other houses can be lived in, 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 walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of cosmetic repairs or are other minor patchwork — Some houses aren’t necessarily in bad shape, but could possibly turn traditional buyers off because of other issues:
- The house is in bad part of town
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- 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 Lee’s Summit, MO, it may be more difficult than finding a buyer for a turnkey house, but that doesn’t mean it’s impossible.
Selling a House in Lee’s Summit, MO in Poor Condition? You Have a Few Options
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 hire someone to repair after they’ve already spent money on the house. While selling a home that is already turnkey property is easier to a traditional buyer, you still have a few options for selling your Lee’s Summit, MO house in poor condition:
- Make major repairs — This will secure the most money for your property from a conventional buyer. However, the repairs may not add enough value for you to remake your money. A total home renovation will run between $17,942-$78,270. According to data from the national resale averages, most repairs only get a 50-70% ROI. For example, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While investing in major repairs 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 upgrades will also take time, and it could be months or even a year before you can list your home on the Lee’s Summit, MO market.
- Make aesthetic upgrades — An alternative is to simply make your Lee’s Summit house more attractive. Curb appeal alone can increase a house’s sale price by almost 10% or more. The cost of minor upgrades is not nearly as much:
- $153-$929 for a light fixture
- $161-$363 to replace 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 won’t be spending nearly as much money. The added curb appeal will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the conventional market — Some prospective homeowners may buy a property as-is with the hope of spending less upfront and slowly repair the house over the years. There aren’t many of those, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. That will further increase the time and money spent before the house is sold.
- Sell “as-is” to a cash home buyer — Lastly, you can sell your house to a company that pays cash for Lee’s Summit-area homes. At Evervest, we give fair offers for homes in any condition. Then, we rehabilitate the home and sell the property at a slightly higher value. Our process is easy and gets cash in your account in as little as 30 days:
- We carry out 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 complete the sale in just 7 days
Our process is not only fair and fast, but it’s entirely hassle-free. 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 see is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to do the dishes before we do our inspection.
Our team is made up of a professional Lee’s Summit, MO real estate broker, and a contractor with over three decades of experience. We are always honest to Lee’s Summit, MO homeowners about the value of their home, and how we came to that number. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and give Lee’s Summit 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 (816) 368-8508, or read on below.
Selling a House in Poor Condition in Lee’s Summit, MO: FAQs
31.4% of American home purchases are paid for with cash, according to a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most people in Lee’s Summit, MO who inquire to us still have questions about the process. Below are some of the most frequently asked questions about selling a house as-is:
Is the cash home buying process a scam?
The short answer is: it can be. The world has no shortage of liars. But there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and devotion to our neighborhoods. If you still have concerns, you can look at our client testimonials and our perfect 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 written a contract that we didn’t close on due to us backing out of the deal spelled out in the contract.
We grew up in the Lee’s Summit, MO area, and are proud to raise our own families where we grew up. We do not want to cheat any of our neighbors.
How do I know the true value of my home as-is?
Our offer will be what we genuinely believe is fair. The value of your home is based on a variety of aspects, including where in Kansas City, MO it’s located, its size, and the condition its in. More repairs equals lower value. Still, there are ways to do your own research. There are many web pages, like Zillow, that offer approximations of your homes value. You can also hire a credentialed assessor who can give you their estimate.
Can I sell my house if I’m in debt?
Yes. We’ve bought property from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is an excellent way to get the money to become debt-free quickly.
Are you going to pay me in actual cash?
No. While the idea of a suitcase full of cash is fun, 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 won’t be getting a mortgage.
Other types of properties we buy in Lee’s Summit, 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 seem impossible, but we can offer a solution. Evervest Home Buyers has more than 30 years of experience offering Kansas City, MO homeowners a fast and stress-free home selling experience. Don’t let an old property 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.