Selling a House in Poor Condition in Normandy, MO
Selling a house in poor condition in Normandy, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to make the minor updates necessary for the conventional market, or are asking yourself how on earth you’re going to get rid of a property with significant asbestos presence, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is homes in the Normandy area, and can complete the transfer in as little as a few weeks. Whatever type of repairs your home needs, we are interested in buying it. If you need to sell a home in poor condition in Normandy, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or tell us about your property through our website.
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When Is a House in Normandy, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella term. To some, it may mean a home that needs major repairs, to others it may mean the windows need to be caulked. Typically, houses in poor condition can fall into three group: houses that are uninhabitable, houses that need major remodeling, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that no one can safely live in it. Examples of unlivable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Considerable foundation issues
- Termite damage
- Significant electrical issues
- Extensive roof damage
- 2. Houses that need significant work done — Other houses habitable, but not ideal. Houses in need of serious work are houses with:
- Plumbing issues
- Minor electrical issues
- Dying HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses that need cosmetic updates or are other minor patchwork — Some houses don’t need major work done, but might turn traditional buyers off because of other issues:
- The house is in bad neighborhood
- You have bad tenants
- It’s an outdated property
- It’s been vacant a long time
- 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 Normandy, MO, it may be more difficult than selling a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Normandy, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house to live comfortably in right away, not one they’ll have to put work into, or pay someone thousands of dollars to repair after they’ve already spent money on the house. While selling a property that is already in turnkey condition is not as hard to a traditional buyer, there are still ways you can sell your Normandy, MO house in poor condition:
- Invest in major repairs — This is the way to secure the most money for your house on the traditional market. However, you might not recoup the cost of the repairs in the sale. A complete house remodeling costs up to $78,270. According to data from the national cost vs. value report, most repairs don’t even get a 70% cost recuperation. For example, the average bathroom remodel costs $27,164, but only adds $15,990 to your final sale price. While making major upgrades will almost certainly fetch the highest bid for your house, you probably won’t recoup all the money you put into the repairs. The upgrades will also add months or even a year to the time before your house is ready for the Normandy, MO market.
- Make minor repairs — Another thing you can do is merely boost your Normandy home’s curb appeal. Curb appeal alone can increase a home’s value by 7% 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 get all that money back, you’ll be giving up considerably less money than if you do a full renovation. 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 people may buy a home as-is in an effort to spend less on the down payment and slowly fix the house over the years. There aren’t many of those, and they’ll still expect an empty house that’s well-staged when they see it. That alone can lead to you spending more money.
- Sell “as-is” to an as-is home buyer — Lastly, you can sell your home to an as-is home buying company in Normandy, MO. At Evervest, we give fair offers for homes in any condition. Then, we make the repairs ourselves and make a moderate profit off the resale. Our process is simple and gets money in your hand in as little as a month:
- We perform our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- If you accept our offer, we can write up a contract and close in as little as a week
Our process puts no pressure on you and gets you fair value for your property. 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 deal with is the person that’s buying your home. 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 licensed Normandy, MO real estate broker, and a construction crew with over 30 years of experience. We are always direct to Normandy, MO homeowners 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 do what we do to earn a moderate profit and give Normandy 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 (314) 730-0366, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Normandy, MO: FAQs
31.4% of U.S. home purchases are paid for with cash, according data from a Redfin report. While selling a house in poor condition to an as-is buyer is becoming a more popular option, most Normandy, MO homeowners who inquire to us still have questions about the process. Below are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately sometimes. There are dishonest people in this world who try to trick others for money. But there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and dedication to our communities. If you still have concerns, you can check out our client testimonials and our perfect score with the Better Business Bureau®. We’ll always show you proof of funds before the purchase is complete, and in 20+ years we have never backed out of a contract because we didn’t follow its terms.
We grew up in the Normandy, MO area, and are proud to raise our own families where we grew up. We’re not trying 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 think is fair. How much your home is worth is based on numerous different factors, including what Normandy, MO neighborhood it’s in, its size, and the condition its in. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are numerous web pages, like Zillow, that offer home value estimates. You can also consult with a licensed appraiser who can give you their professional opinion.
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. Getting cash for your home is a great way to get the money to pay off your debts quickly.
Are you going to pay me 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 funds to pay for the full value of the property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Normandy, MO include:
- 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 stressful experience, but we can offer a solution. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let an old house hold 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.