Selling a House in Poor Condition in Oakville, MO
Selling a house in poor condition in Oakville, MO. We know, some houses seem impossible to sell. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the conventional market, or are wondering how on earth you’re going sell a home with significant water damage, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is properties in the Oakville area, and can close in as little as 30 days. Whatever type of repairs your home needs, we will make you an offer. If you need to sell a home in poor condition in Oakville, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or get your offer online.
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What is Meant By a Home in “Poor Condition” in Oakville, MO?
“Poor condition,” is an umbrella phrase. To some house buyers, it may mean a house that is unlivable, to others it may simply mean the carpet needs some serious cleaning. Typically, houses in poor condition can fall into three categories: houses that are uninhabitable, houses that need significant work done, and houses that just need some fine tuning:
- 1. Houses that you can’t live in — Sometimes, the damage to a home is so bad that no one can safely live in it. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Extensive foundation issues
- Termite damage
- Considerable electrical issues
- Considerable roof damage
- 2. Houses that need significant repairs — Other houses can be lived in, but uncomfortably. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small issues with the foundation
- 3. Houses in need of 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
- It’s a rental and you have bad tenants
- It’s an outdated house
- It’s been vacant for a long period
- Crimes were committed at the property
- Stained surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Oakville, MO, it may be more difficult than selling a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Oakville, MO in Poor Condition? Here’s What You Can Do
Most people looking to buy a home want a house to live comfortably in right away, not one they’ll have to work on for years, or spend money to repair after they’ve already spent money on the house. While selling a property that is already turnkey property is easier to a conventional buyer, you still have a few options for selling your Oakville, MO house in poor condition:
- Do a complete remodel — This will secure the most money for your house on the traditional market. However, the cost of getting there is high. A total house remodeling costs between $17,942-$78,270. According to national cost vs. value averages, 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 in value to your home. While making major upgrades will likely get you the most money for your house at final sale, you’re unlikely to profit off of the repairs you made. The repairs will also take time, and it could be months or even a year before your house is ready for the Oakville, MO market.
- Make minor repairs — Another way to sell your home easier is to simply make your Oakville house look nicer. Curb appeal by itself can raise a home’s value by 7% or more. The cost of minor upgrades is much easier to fit in a budget:
- $153-$929 for a light fixture
- $161-$363 for new faucets
- $1,2000-$3,900 to repaint all the interior walls
- $350-$3,500 to refinish cabinets
While you also won’t get all that money back, you’ll be sacrificing significantly less money than if you do a full renovation. The added curb appeal will lead to a higher offer, though not as much as the first option.
- Sell your home “as-is” on the traditional market — There are some traditional buyers who will buy a house in poor condition with the hope of spending less on the down payment and slowly fix the house over time. Those will be harder to find, and they’ll still expect an empty house that’s well-staged when they see it. That will further increase the time and money spent before you can unload the home.
- Sell in poor condition to an as-is home buyer — Lastly, you can sell your property to an as-is home buying company in Oakville, MO. At Evervest, we give fair offers for homes in poor condition. Then, we make the repairs ourselves and sell the property at a slightly higher value. Our process is easy and gets money in your hand in as little as 30 days:
- We carry out our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- When you agree to sell to us, we can have a contract ready and complete the sale 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 real estate agents, inspectors, appraisers, and getting ready for prospective buyers to come and see your home. The only person you’ll have to talk to is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to vacuum the carpet before we do our inspection.
Our team consists of a licensed Oakville, MO real estate broker, and a construction crew with over three decades of experience. We are always straightforward to Oakville, 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 make a moderate amount of money and improve our Oakville neighborhoods.
If want to learn more about selling your house in poor condition to an as-is home buyer, reach out to us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Oakville, 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 an increasingly popular option, most Oakville, MO homeowners who inquire to us still want to know more about the process. The following are some of the most frequently asked questions concerning 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 there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and commitment to our neighborhoods. If you have any doubts, you can read our client testimonials and our A+ score with the Better Business Bureau®. We’ll always show you proof of funds before you sign, 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 Oakville, MO area, and are proud to raise our own kids 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?
We always strive to give offers that we truly believe are fair. How much your home is worth is based on a variety of things, including where in St. Louis, MO it’s located, how big it is, and the condition its in. More repairs equals lower value. Still, there are ways to do your own research. There are numerous web pages, like Zillow, that give approximations of your homes value. You can also hire a professional appraiser who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought houses from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is a great way to get the funds to become debt-free fast.
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 money to pay for the full value of the house, and aren’t taking out a loan.
Other types of properties we buy in Oakville, 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 difficult, but we can offer a solution. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners get full value for their properties. Don’t let an old home 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 contact us through our website.