Selling a House in Poor Condition in Maplewood, MO
Selling a house in poor condition in Maplewood, 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 if you’re ever going to be able to get rid of a property with considerable termite damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is homes in the Maplewood area, and can complete the transfer in as little as a month. Whatever type of repairs your home needs, we are interested in buying it. If you need to sell a home in poor condition in Maplewood, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or contact us online.
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What is Meant By a Home in “Poor Condition” in Maplewood, MO?
“Poor condition,” is an umbrella phrase. 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: houses that are uninhabitable, houses that need extensive repairs, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such bad condition that it does not provide the basic shelter a home must. Examples of unlivable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Significant foundation issues
- Termite damage
- Serious electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but not ideal. Houses in need of serious repairs 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 issues with the foundation
- 3. Houses in need of updating or are other minor patchwork — Some houses aren’t necessarily in bad shape, but may 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- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Neglected landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Maplewood, MO, it will be much harder than selling a turnkey house, but that doesn’t mean it’s impossible.
Selling a House in Maplewood, MO in Poor Condition? You Have a Few Options
Most home buyers want a house they can see themselves being comfortable in, not one they’ll have to work on for years, or spend money to repair after the cost they put into the purchase. While selling a home that is already in turnkey condition is easier to a conventional buyer, there are still ways you can sell your Maplewood, MO house in poor condition:
- Make major repairs — This is how you can secure the most money for your property on the traditional market. However, you may not recoup the cost of the repairs in the sale. An entire home renovation costs between $17,942-$78,270. According to research from the national resale averages, most repairs only get a 50-70% cost recuperation. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While investing in significant repairs will likely get you the most money for your house at final sale, you’re unlikely to recoup all the money you put into the repairs. The repairs will also add months or even a year to the time before you can list your house on the Maplewood, MO market.
- Make aesthetic upgrades — Another way to sell your home easier is to merely make your Maplewood house more attractive. Curb appeal alone can raise a home’s sale price by almost 10% or more. The cost of cosmetic upgrades is much cheaper than major repairs:
- $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 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 — Some prospective homeowners may buy a house in poor condition with the hope of spending less upfront and incrementally make upgrades over time. There aren’t many of those, and they’ll still expect an empty house that’s well-staged when they see it. All of that takes additional time and money.
- Sell in its current condition to a cash home buyer — The final option is to sell your home to a cash home buyer in Maplewood, MO. At Evervest, we give all cash offers for homes in any condition. Then, we renovate the home and sell the property at a slightly higher value. Our process is stress-free and gets money in your account in as little as a month:
- We perform our own inspection
- We give you the highest offer we can while still seeing the property as an investment for ourselves
- If you accept our offer, we can write up a contract and complete the sale in as little as a week
Our process is not only fair and fast, but it’s entirely hassle-free. You won’t have to deal with dozens of people coming in and out of your home. The only person you’ll deal with is the person who’s making the purchase. 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 professional Maplewood, MO real estate broker, and a contractor with over 30 years of experience. We are always direct to Maplewood, MO residents about the value of their home, and how we valued it. We’re not going to get rich off selling your property; we do what we do to earn a moderate profit and enhance our Maplewood neighborhoods.
If want to learn more about selling your house in poor condition to a cash home buyer, call us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Maplewood, 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 a more popular option, most Maplewood, MO homeowners who reach out to us still have questions 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 dishonest people in this world who lie to others for money. But there are no scams involved when you sell to Evervest; we pride ourselves on our honesty and dedication to our neighborhoods. If you have any doubts, you can check out our client testimonials and our perfect rating with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, and in more than two decades 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’re from the Maplewood, MO area, and are proud to raise our own kids in the same place. 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 will depend on a variety of things, including where in St. Louis, MO it’s located, how big it is, and the cost of making all the repairs. More repairs equals lower value. Still, there are ways to do your own research. There are many web pages, like Zillow, that give home value estimates. 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 bought property from people who owe back taxes and have houses in foreclosure. Selling a home for cash is an excellent way to get the funds 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 taking out a loan.
Other types of properties we buy in Maplewood, 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
- 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 more than 30 years of experience offering St. Louis, MO residents a fast and stress-free home selling experience. Don’t let a damaged house weigh you down; turn it into a jumping board to the next phase of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or get your offer online.