Selling a House in Poor Condition in Republic, MO
Selling a house in poor condition in Republic, MO. Selling a house that needs major repairs can be daunting. Whether you don’t want to deal with repainting, cleaning, and staging for the traditional market, or are wondering how on earth you’re going unload a home with serious fire damage, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is homes in the Republic area, and can close in as little as a month. No matter what shape your house is in, we will make you an offer. If you need to sell a home in poor condition in Republic, MO and want a home-selling experience with no hassle, call Evervest today at (417) 815-3889 or contact us through our website.
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What is Meant By a Home in “Poor Condition” in Republic, MO?
“Poor condition,” is a subjective term. To some house buyers, it may mean a house that is unlivable, to others it may simply mean the walls need repainting. Typically, houses in poor condition can fall into three categories: houses that no one can live in, houses that need major remodeling, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such bad shape that it does not provide the basic shelter a home must. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Serious foundation issues
- Termite damage
- Serious electrical issues
- Significant roof damage
- 2. Houses that need significant repairs — Other houses habitable, but uncomfortably. Houses in need of major work are houses with:
- Plumbing issues
- Minor electrical issues
- Dying 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 aesthetic updates or are otherwise undesirable — Some houses don’t need major work done, but may not be appealing to conventional home buyer 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- It’s an outdated property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
- Dirty surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in Republic, MO, it will be much harder than finding a buyer for a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Republic, MO in Poor Condition? Read on For Help
Most home buyers want a house they can see themselves being comfortable in, not one they’ll have to fix up, or spend money to bring it up to par after they’ve already spent money on the house. While selling a home that is already in turnkey condition is not as hard to a conventional buyer, you still have a few options for selling your Republic, MO house in poor condition:
- Do a complete remodel — This is how you can get the most value for your home from a traditional buyer. However, you may not recoup the cost of the repairs in the sale. A complete house renovation will run between $17,942-$78,270. According to national resale report, most repairs only get a 50-70% ROI. For instance, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While investing in significant repairs will likely get you the most money for your house at final sale, you probably won’t recoup all the money you spent on repairs. The repairs will also add significant time to the time before your house is ready for the Republic, MO market.
- Make minor repairs — An alternative is to merely increase your Republic home’s curb appeal. Curb appeal by itself can increase a property’s value by almost 10% or more. The cost of minor upgrades is not nearly as much:
- $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 the return on investment isn’t very high either, you’ll be sacrificing substantially 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” to a conventional buyers — There are some traditional buyers who will buy a property as-is with the hope of spending less on the down payment and incrementally repair the house over time. Those will be more difficult to find, and they’ll still want the house to be clean, the lawn to be tidy, and that you’ll make the home look nice when they see it. That will further increase the time and money spent before the house is sold.
- Sell in poor condition to a cash home buyer — Lastly, you can sell your property to a company that pays cash for Republic-area homes. 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 simple 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 setting ourselves up for a profit
- When you agree to sell to us, we can write up a contract and close in as little as a week
Our process puts no pressure on you and gets you fair value for your property. 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 vacuum the carpet before we do our inspection.
Our team consists of a professional Republic, MO real estate broker, and a construction crew with over three decades of experience. We are always honest to Republic, MO homeowners 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 make a moderate amount of money and improve our Republic neighborhoods.
If you’re interested in selling your house in poor condition to an as-is home buyer, call us at (417) 815-3889, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Republic, MO: Frequently Asked Questions
31.4% of U.S. home purchases are paid for with cash, according to a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most Republic, MO homeowners who call us still have questions about the process. Below 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: sometimes. The world has no shortage of liars. But there are no scams involved when you sell to Evervest; we pride ourselves on our honesty and dedication to our communities. If you have any doubts, you can check out our client testimonials and our perfect score with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in over 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’re from the Republic, MO area, and are proud to raise our own kids where we grew up. We’re not trying to be dishonest with any of our neighbors.
How do I know how much my home is really worth as-is?
Our offer will be what we genuinely believe is fair. The value of your home is based on a variety of things, including what Republic, MO neighborhood it’s in, how big it is, and how much repairing it will cost us. The more the repairs, the more it’s value will go down. Still, there are ways to do your own research. There are many sites, like Zillow, that offer 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. Selling a home for cash is an excellent way to get the funds to become debt-free quickly.
Do I get paid in actual cash?
No. While it might sound fun to have bags full of cash, we’ll wire the money to your account. “Cash buyer” means we’re using our own money to cover the full purchase of the home, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Republic, 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 be difficult, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering Springfield, 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 Springfield, MO home in poor condition, call us at (417) 815-3889 or tell us about your property through our website.