Selling a House in Poor Condition in Lee’s Summit, MO
Selling a house in poor condition in Lee’s Summit, MO. We understand, it seems impossible to get some houses off your hands. 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 unload a house with extensive fire damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is houses in the Lee’s Summit area, and can complete the transfer in as little as a month. No matter what condition your house is in, 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 tell us about your property through our website.
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What is Meant By a Home in “Poor Condition” in Lee’s Summit, MO?
“Poor condition,” is an umbrella term. To some, it may mean massive damage, to others it may mean the windows need to be caulked. Typically, houses in poor condition can be broken down into three categories: houses that are uninhabitable, houses that need extensive repairs, and houses that need aesthetic updates:
- 1. Houses that no one can live in — Sometimes, a house is in such poor condition that no one can safely live in it. Examples of unlivable houses include:
- Significant Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Extensive foundation issues
- Termite damage
- Serious electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses habitable, but still have major issues. Houses in need of major repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small issues with the foundation
- 3. Houses that need updating or are otherwise undesirable — 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
- You have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed at the property
- Dirty surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Lee’s Summit, MO, it may be more difficult 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 Lee’s Summit, MO in Poor Condition? Read on For Help
Most home buyers want a house they can see themselves being comfortable in, not one they’ll have to work on for years, or pay someone thousands of dollars to repair after the cost they put into the purchase. While selling a property that is already turnkey property is easier to a conventional buyer, you still have a few options for selling your Lee’s Summit, MO house in poor condition:
- Invest in major repairs — This is how you can secure the most value for your home on the traditional market. However, the repairs may not add enough value for you to get your money back. A complete home remodeling will run up to almost $80,000. According to data from the national resale averages, most repairs only get a 50-70% ROI. For instance, the average minor kitchen remodel costs $28,279, but only adds $20,1225 to your final sale price. While investing in significant upgrades will likely fetch the highest bid for your house, you’re unlikely to profit off of the repairs you made. The repairs will also add significant time to the time before you can list your house on the Lee’s Summit, MO market.
- Make minor repairs — Another thing you can do is simply make your Lee’s Summit house look nicer. Curb appeal by itself can increase a house’s sale price by almost 10% or more. The cost of cosmetic upgrades is much easier to fit in a budget:
- $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 cosmetic upgrades will lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” on the traditional market — Some prospective homeowners may buy a house in poor condition with the hope of spending less upfront and slowly repair the house over time. There aren’t many of those, and they’ll still want 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 cash home buying company — The final option is to sell your home to a company that pays cash for Lee’s Summit-area homes. At Evervest, we buy homes in any condition for the current value of the property. Then, we rehabilitate the home and sell the property at a slightly higher value. Our process is stress-free and gets cash in your pocket in as little as a month:
- We perform 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 have a contract ready and close in just 7 days
The way we do things is not only fair and fast, but it’s entirely nuisance-free. You won’t have to deal with dozens of people looking over 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 before we do our inspection.
Our team consists of a professional Lee’s Summit, MO real estate broker, and a contractor with more than three decades of experience. We are always straightforward to Lee’s Summit, MO homeowners about the value of their home, and how we came to that number. We’re don’t get rich off the sale of one property; we buy and renovate houses to make a moderate amount of money and enhance our Lee’s Summit neighborhoods.
If you’re interested in selling your house in poor condition for cash, call 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 Lee’s Summit, MO: Frequently Asked Questions
31.4% of U.S. homes sell to cash buyers, according data from a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most people in Lee’s Summit, MO who call 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?
The short answer is: it can be. There are bad people in this world who try to trick others for money. But selling to Evervest is not a scam; we pride ourselves on our integrity and devotion to our neighborhoods. 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 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 children in the same place. We do not want to be dishonest with any of our neighbors.
How do I know the true value of my home as-is?
We always strive to give offers that we truly believe are fair. How much your home is worth will depend on a variety of aspects, including where in Kansas City, MO it’s located, how big it is, and how expensive making all the repairs might be. The more the repairs, the more it’s value will go down. 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 home value estimates. 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 purchased houses from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a good 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 pay for the full value 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
- 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 a bad experience, but we can offer a solution. Evervest Home Buyers has more than 30 years of experience offering Kansas City, MO residents get full value for their properties. 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 get your offer online.