Selling a House in Poor Condition in O’Fallon, MO
Selling a house in poor condition in O’Fallon, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to make the minor updates necessary for the conventional market, or are wondering if you’re ever going to be able sell a property with considerable black mold presence, Evervest Home Buyers is here to take your unwanted property off your hands. We Give fair, all-cash offers for as-is houses in the O’Fallon area, and can put cash in your pocket in as little as 30 days. No matter what condition your house is in, we are interested in buying it. If you’re selling a home in poor condition in O’Fallon, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or get your offer through our website.
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When Is a House in O’Fallon, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella phrase. To some, it may mean a house that is unlivable, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can be categorized by three types: homes that are uninhabitable, houses that need major work done, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor condition that it does not provide the basic shelter a home has to. Examples of uninhabitable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Serious foundation issues
- Termite damage
- Considerable electrical issues
- Considerable roof damage
- 2. Houses that need significant work done — Other houses habitable, but not ideal. Houses in need of serious 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 in need of cosmetic fixes or are other minor patchwork — Some houses don’t need major remodeling done, but may turn traditional buyers off for other reasons:
- 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- It’s an outdated property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 inside the home
- Stained surfaces
- Neglected landscape
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in O’Fallon, MO, it may be more difficult than selling a house that’s already in pristine condition, but you do have some options.
Selling a House in O’Fallon, 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 property that is already in turnkey condition is not as hard on the conventional market, there are still ways you can sell your O’Fallon, MO house in poor condition:
- Invest in major repairs — This is the way to secure the most value for your home on the conventional market. However, the cost of getting there is high. A complete house remodeling costs up to almost $80,000. According to national resale report, most repairs don’t even get a 70% cost recuperation. For instance, the average bathroom remodel costs $27,164, but only adds $15,990 in value to your home. While investing in major upgrades 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 upgrades will also add significant time to the time before you can list your house on the O’Fallon, MO market.
- Make aesthetic upgrades — An alternative is to merely make your O’Fallon house more attractive. Curb appeal by itself can raise a property’s value by almost 10% or more. The cost of cosmetic 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 the return on investment isn’t very high either, you won’t be spending nearly as much money. The cosmetic upgrades will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” to a conventional buyers — There are some traditional buyers who will buy a house as-is with the hope of spending less upfront and incrementally repair the house over the years. There aren’t many of those, and they’ll still want the house to be clean, the lawn to be tidy, and that you’ll put effort into staging the home. That alone can lead to you spending more money.
- Sell in its current condition to cash home buying company — The final option is to sell your property to a company that pays cash for O’Fallon-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 easy and gets cash in your account in as little as a month:
- We come to your home and do our own inspection
- We give you the highest offer we can while still seeing the property as an investment for ourselves
- 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 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 mop the floors when we come over to look at your home.
Our team consists of a licensed O’Fallon, MO real estate broker, and a construction expert with more than three decades of experience. We are always honest to O’Fallon, 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 O’Fallon families a place to settle down.
If you’re interested in selling your house in poor condition for cash, get in touch with 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 O’Fallon, MO: Frequently Asked Questions
31.4% of U.S. home purchases are paid for with cash, according to a Redfin report. While selling a house in poor condition to an as-is buyer is becoming an increasingly popular option, most O’Fallon, MO homeowners who inquire to us still have questions about the process. The following 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: sometimes. The world has no shortage of liars. But there are no scams involved when you sell to Evervest; we pride ourselves on our integrity and devotion to our communities. If you still have concerns, you can look at our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, and in over 20 years we have never backed out of a contract because we didn’t follow its terms.
We’re from the O’Fallon, 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 think is fair. The value of your home will depend on a variety of factors, including where in St. Louis, MO it’s located, how big it is, and how expensive making all the repairs might be. The more the repairs, the less we’ll want to pay for it. Still, there are ways to do your own research. There are numerous web pages, like Zillow, that give home value estimates. You can also consult with a professional assessor to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve purchased homes 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 pay off your debts quickly.
Do I get paid in actual cash?
No. While the idea of a suitcase full of cash is fun, we’ll wire the money to your account. “Cash buyer” means we’re using our own money to cover the full purchase of the house, and aren’t taking out a loan.
Other types of properties we buy in O’Fallon, 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 seem impossible, 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 a damaged 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.