Selling a House in Poor Condition in Polk County, MO
Selling a house in poor condition in Polk 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 a conventional buyer, or are wondering how on earth you’re going to get rid of a property with serious asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We Give fair, all-cash offers for as-is properties in the Polk County area, and can put cash in your pocket in as little as a few weeks. Whatever type of repairs your home needs, we will make you an offer. If you need to sell a home in poor condition in Polk County, MO and want a home-selling experience with no hassle, call Evervest today at (417) 815-3889 or get your offer online.
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What is Meant By a Home in “Poor Condition” in Polk County, MO?
“Poor condition,” is an umbrella term. To some homeowners, it may mean a house that is unlivable, to others it may simply mean the walls need repainting. Typically, houses in poor condition can be broken down into three categories: homes that are uninhabitable, houses that need extensive remodeling, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such bad condition that it does not provide the basic shelter a home has to. Examples of unlivable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Significant electrical issues
- Serious roof damage
- 2. Houses that need major repairs — Other houses habitable, but not ideal. Houses in need of major work are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of cosmetic repairs or are otherwise undesirable — Some houses don’t need major remodeling done, but could possibly not be appealing to conventional home buyer 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- It’s an outdated home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 house
- Stained surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re looking to sell a house in poor condition in Polk County, MO, it may be more difficult than finding a buyer for a turnkey house, but that doesn’t mean it’s impossible.
Selling a House in Polk County, MO in Poor Condition? You Have a Few Options
Most home buyers want a house they can see themselves relaxing in, not one they’ll have to work on for years, or spend money 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 traditional market, you still have a few options for selling your Polk County, MO house in poor condition:
- Make major repairs — This is the way to secure the most money for your home on the traditional market. However, the repairs may not add enough value for you to get your money back. A complete home renovation costs up to almost $80,000. According to data from the national cost vs. value averages, most repairs only get a 50-70% ROI. For instance, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 to your final sale price. While investing in major 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 you can list your house on the Polk County, MO market.
- Make minor upgrades — An alternative is to simply make your Polk County house more attractive. Curb appeal by itself can boost a home’s sale price by almost 10% 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 recoup all those expenses through the sale, you’ll be sacrificing considerably 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” on the traditional market — Some prospective homeowners may buy a property in poor condition in an effort to spend less on the down payment and incrementally make upgrades over time. Those will be harder to find, and they’ll still expect the house to be clean, the lawn to be tidy, and that you’ll put effort into staging the home. That will further increase the time and money spent before you can unload the home.
- Sell in its current condition to a cash home buyer — The final option is to sell your house to an as-is home buying company in Polk County, MO. At Evervest, we give fair offers for homes in any condition. Then, we make all the necessary repairs and upgrades ourselves and sell the property at a slightly higher value. Our process is easy and gets money in your account in as little as 30 days:
- We carry out our own inspection
- We give you the highest offer we can while still setting ourselves up for a profit
- If you accept our offer, we can write up a contract and complete the sale in just 7 days
The way we do things puts no pressure on you and gets you fair value for your home. You won’t have to deal with dozens of people coming in and out of 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 do the dishes when we come over to look at your home.
Our team is made up of a professional Polk County, MO real estate broker, and a construction crew with over 30 years of experience. We are always direct to Polk County, MO homeowners about the value of their home, 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 Polk County neighborhoods.
If want to learn more about selling your house in poor condition for cash, get in touch with us at (417) 815-3889, or read on below.
Selling a House in Poor Condition in Polk County, MO: Frequently Asked Questions
Almost one-third of U.S. home purchases are paid for with cash, according data from a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Polk County, MO homeowners who inquire to us still want to know more about the process. Below 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 dedication to our communities. If you have any doubts, you can check out our client testimonials and our A+ rating with the Better Business Bureau®. We’ll always show you proof of funds before the purchase is complete, and in over 20 years we have never backed out of a contract because we didn’t abide by its terms.
We grew up in the Polk County, 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?
We always strive to give offers that we truly believe are fair. How much your home is worth will depend on numerous different aspects, including where in Springfield, MO it’s located, its size, and the condition its in. More repairs equals lower value. Still, there are ways to do your own research. There are many web pages, like Zillow, that offer home value estimates. You can also hire a licensed appraiser who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought homes from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is a good 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 cover the full purchase of the house, and aren’t depending on a lender.
Other types of properties we buy in Polk 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 Springfield, 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 Springfield, MO residents get fair value for their properties. Don’t let an old house keep you down; get the funds to move to the next stage of your life today. To sell your Springfield, MO home in poor condition, call us at (417) 815-3889 or tell us about your property online.