Selling a House in Poor Condition in Phelps County, MO
Selling a house in poor condition in Phelps County, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the traditional market, or are wondering how on earth you’re going to get rid of a home with serious black mold presence, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is properties in the Phelps County area, and can put cash in your pocket 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 Phelps County, MO and want a home-selling experience with no hassle, call Evervest today at (573) 367-5677 or tell us about your property online.
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What is Meant By a Home in “Poor Condition” in Phelps County, MO?
“Poor condition,” is an umbrella term. To some house buyers, it may mean a home that needs major repairs, to others it may simply mean the carpet needs some serious cleaning. Generally, houses in poor condition can be broken down into three categories: homes 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 poor shape that it does not provide the basic shelter a home must. Examples of uninhabitable houses include:
- Significant Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Significant foundation issues
- Termite damage
- Serious electrical issues
- Considerable roof damage
- 2. Houses that need major repairs — Other houses can be lived in, but uncomfortably. Houses in need of serious 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 in need of cosmetic repairs or are other minor patchwork — Some houses don’t need major repairs done, but might 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- It’s an outdated home
- It’s been vacant for a long period
- Crimes were committed inside the home
- Dirty surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Phelps County, MO, it will be much harder than finding a buyer for a house that’s already in pristine condition, but that doesn’t mean it’s impossible.
Selling a House in Phelps County, MO in Poor Condition? Here’s What You Can Do
Most people looking to buy a home want a house they can envision themselves being comfortable in, not one they’ll have to fix up, or hire someone to repair after the cost they put into the purchase. While selling a house that is already in turnkey condition is not as hard on the conventional market, you still have a few options for selling your Phelps County, MO house in poor condition:
- Invest in major repairs — This is the way to secure the most money for your home from a traditional buyer. However, the cost of getting there is high. A complete house renovation will run 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 significant upgrades will almost certainly 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 add significant time to the time before your house is ready for the Phelps County, MO market.
- Make minor repairs — An alternative is to simply make your Phelps County house more attractive. Curb appeal alone can boost a home’s sale price by almost 10% or more. The cost of cosmetic 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 a home’s interior
- $350-$3,500 to refinish cabinets
While the return on investment isn’t very high either, you’ll be giving up significantly less money than if you do a full renovation. The cosmetic upgrades will improve offers from prospective buyers, though not as much as making major repairs.
- Sell your home “as-is” to a traditional buyers — Some people may buy a house in poor condition with the hope of spending less upfront and gradually repair the house over time. 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 “as-is” to an as-is home buyer — Lastly, you can sell your house to a company that pays cash for Phelps County-area homes. At Evervest, we give all cash offers for homes in any condition. Then, we make the repairs ourselves and make a small profit off the resale. 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 7 days
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 have to see is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to vacuum the carpet before we do our inspection.
Our team is made up of a licensed Phelps County, MO real estate broker, and a construction expert with over three decades of experience. We are always direct to Phelps County, MO homeowners about how much their property is worth, and how we came to that number. We’re don’t get rich off the sale of one property; we buy and rehabilitate houses to earn a moderate profit and enhance our Phelps County neighborhoods.
If want to learn more about selling your house in poor condition to an as-is home buyer, get in touch with us at (573) 367-5677, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Phelps County, MO: FAQs
Almost one-third of American 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 Phelps County, MO homeowners who inquire to us still have questions about the process. The following are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
The short answer is: it can be. There are bad people in this world who lie to others for money. But selling to Evervest is not a scam; we are intent and intentional about our integrity and devotion to our communities. 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 you sign, 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 Phelps County, 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?
We always strive to give offers that we truly believe are fair. The value of your home is based on numerous different things, including what Phelps County, MO neighborhood it’s in, its size, and how much repairing it will cost us. The more the repairs, the more it’s value will go down. Still, there are many ways you can find out how much you should get for your as-is property. There are numerous web pages, like Zillow, that give home value estimates. You can also consult with a professional appraiser to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve purchased houses from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is an excellent way to get the money 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 home, and aren’t depending on a lender.
Other types of properties we buy in Phelps County, 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
- Cash Home Buying Company
- House Buyers
- Cash Home Buyer
Selling a House in Poor Condition in Rolla, MO | Evervest Home Buyers
Selling a house in poor condition can be a stressful experience, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering Rolla, MO homeowners get fair value for their properties. Don’t let an old home hold you down; get the funds to move to the next stage of your life today. To sell your Rolla, MO home in poor condition, call us at (573) 367-5677 or get your offer through our website.