Selling a House in Poor Condition in Overland, MO
Selling a house in poor condition in Overland, 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 wondering if you’re ever going to be able to get rid of a property with considerable black mold presence, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is properties in the Overland area, and can close in as little as a few weeks. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Overland, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or contact us through our website.
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What is Meant By a Home in “Poor Condition” in Overland, MO?
“Poor condition,” is an umbrella term. To some, it may mean a home that needs major repairs, to others it may simply mean the walls need repainting. Typically, houses in poor condition can be categorized by three types: homes that are uninhabitable, houses that need significant remodeling, and houses that need cosmetic updates:
- 1. Houses that you can’t live in — Sometimes, a house is in such poor shape that no one can live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Significant foundation issues
- Termite damage
- Extensive electrical issues
- Serious roof damage
- 2. Houses that need significant work done — Other houses habitable, but not ideal. Houses in need of major repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Dying HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small cracks in the foundation
- 3. Houses that need cosmetic fixes or are other minor patchwork — Some houses don’t need major repairs done, but might not be appealing to conventional home buyer for other reasons:
- The house is in bad part of town
- 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- It’s an outdated property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
- Untended grass
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in Overland, MO, it may be more difficult than selling a house that’s already in pristine shape, but that doesn’t mean it’s impossible.
Selling a House in Overland, MO in Poor Condition? You Have a Few Options
Most home buyers want a house to live comfortably in right away, not one they’ll have to put work into, or hire someone to fix after the cost they put into the purchase. While selling a home that is already in turnkey condition is not as hard to a traditional buyer, you still have a few options for selling your Overland, MO house in poor condition:
- Do a complete remodel — This will get the most money for your home on the conventional market. However, you may not get back the cost of the repairs in the sale. A complete house renovation will run up to almost $80,000. According to data from the national resale averages, most repairs don’t even get a 70% cost recuperation. For example, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While investing in major upgrades will almost certainly get you the most money for your house at final sale, you probably won’t recoup all the money you put into the repairs. The upgrades will also take time, and it could be months or even a year before your house is ready for the Overland, MO market.
- Make aesthetic upgrades — An alternative is to simply make your Overland house more attractive. Curb appeal by itself can boost a home’s value by 7% or more. The cost of minor 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 you also won’t get all that money back, you’ll be giving up significantly less money than if you do a full renovation. The cosmetic upgrades will lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” to a conventional buyers — There are some conventional buyers who will buy a home as-is with the hope of spending less upfront and incrementally fix the house over time. There aren’t many of those, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll make the home look nice when they see it. That alone can lead to you spending more money.
- Sell “as-is” to a cash home buyer — Lastly, you can sell your house to an as-is home buyer in Overland, MO. At Evervest, we buy homes in any condition for the current value of the property. Then, we renovate the home and sell the property at a slightly higher value. Our process is stress-free and gets money in your hand in as little as 30 days:
- 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 have a contract ready and close 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 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 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 professional Overland, MO real estate broker, and a contractor with more than 30 years of experience. We are always honest to Overland, MO residents about the value of their home, 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 Overland families a place to settle down.
If want to learn more about selling your house in poor condition to an as-is home buyer, call us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Overland, MO: FAQs
31.4% of U.S. home purchases are paid for with cash, according to a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Overland, MO homeowners who reach out to us still want to know more 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?
The short answer is: it can be. The world has no shortage of dishonest people. But there are no scams involved when you sell to Evervest; we pride ourselves on our integrity and devotion to our neighborhoods. If you have any doubts, you can look at our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in over 20 years we have never gone back on a contract because we didn’t abide by its terms.
We grew up in the Overland, MO area, and are proud to raise our own families 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?
Our offer will be what we genuinely think is fair. The value of your home will depend on a variety of aspects, including where in St. Louis, MO it’s located, how big it is, and how expensive making all the repairs might be. More repairs equals lower value. Still, there are ways to do your own research. There are many web pages, like Zillow, that give approximations of your homes value. You can also hire a credentialed assessor who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought homes 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 become debt-free 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 depending on a lender.
Other types of properties we buy in Overland, 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 it doesn’t have to be. Evervest Home Buyers has over 30 years of experience offering St. Louis, MO homeowners a fast and stress-free home selling experience. Don’t let a damaged home keep 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.