Selling a House in Poor Condition in Richmond Heights, MO
Selling a house in poor condition in Richmond Heights, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to make the minor updates necessary for the traditional market, or are wondering if you’re ever going to be able to get rid of a home with serious asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We pay full value, in cash, for as-is houses in the Richmond Heights 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’re selling a home in poor condition in Richmond Heights, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or get your offer through our website.
When Is a House in Richmond Heights, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact phrase. To some homeowners, it may mean massive damage, to others it may mean the walls need repainting. Typically, houses in poor condition can be categorized by three types: houses that are uninhabitable, houses that need major repairs, and houses that need cosmetic updates:
- 1. Houses that no one can live in — Sometimes, the damage to a home is so bad that no one can safely live in it. Examples of uninhabitable houses include:
- Serious Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Considerable foundation issues
- Termite damage
- Serious electrical issues
- Serious roof damage
- 2. Houses that need significant work done — Other houses can be lived in, but uncomfortably. Houses in need of serious repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Failing HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small cracks in the foundation
- 3. Houses in need of updating or are other minor patchwork — Some houses don’t need major work done, but might not be appealing to conventional home buyer because of other issues:
- The house is in bad neighborhood
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed at the property
- Stained surfaces
- Neglected grass
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Richmond Heights, 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 Richmond Heights, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house they can see themselves being comfortable in, not one they’ll have to put work into, or hire someone to bring it up to par after the cost they put into the purchase. While selling a property that is already in turnkey condition is not as hard on the traditional market, you still have a few options for selling your Richmond Heights, MO house in poor condition:
- Do a complete remodel — This will get the most value for your property from a traditional buyer. However, the cost of getting there is high. An entire house remodeling costs between $17,942-$78,270. According to national cost vs. value averages, most repairs don’t even get a 70% return on investment. For example, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 to your final sale price. While investing in major repairs will likely fetch the highest bid for your house, you probably won’t profit off of the repairs you made. The upgrades will also take time, and it could be months or even a year before you can list your home on the Richmond Heights, MO market.
- Make minor upgrades — An alternative is to simply make your Richmond Heights house look nicer. Curb appeal alone can raise a property’s value by 7% 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 lead to a higher offer, though not as much as making major repairs.
- Sell your home “as-is” on the traditional market — Some prospective homeowners may buy a house as-is with the hope of spending less upfront and slowly make upgrades over time. Those will be harder to find, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. That will further increase the time and money spent before the house is sold.
- Sell in poor condition to an as-is home buyer — The final option is to sell your home to a company that pays cash for Richmond Heights-area homes. At Evervest, we give fair offers for homes in poor condition. Then, we renovate the home and make a moderate profit off the resale. Our process is stress-free and gets money in your hand in as little as a month:
- We carry out 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 have a contract ready 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 real estate agents, inspectors, appraisers, and getting ready for prospective buyers to come and see your home. The only person you’ll have to talk to is the person who’s making the purchase. 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 consists of a licensed Richmond Heights, MO real estate broker, and a construction crew with over 30 years of experience. We are always straightforward to Richmond Heights, 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 buy and renovate houses to earn a moderate profit and improve our Richmond Heights neighborhoods.
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 Richmond Heights, MO: Frequently Asked Questions
Nearly one-third of American home purchases are paid for with cash, according data from a Redfin report. While selling a house in poor condition to an as-is buyer is becoming an increasingly popular option, most people in Richmond Heights, MO who reach out to us still want to know more about the process. Below are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately sometimes. The world has no shortage of scammers. But there are no scams involved when you sell to Evervest; we pride ourselves on our honesty and commitment to our communities. If you have any doubts, you can look at our client testimonials and our perfect score with the Better Business Bureau®. We’ll always show you proof of funds before any documents are signed, and in more than two decades 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 Richmond Heights, MO area, and are proud to raise our own families where we grew up. We do not want to be dishonest with 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 is based on a variety of aspects, including what Richmond Heights, MO neighborhood it’s in, how big it is, and the condition its in. 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 consult with a professional assessor to help you understand how much your home is worth.
Can I sell my house if there’s a lien on it?
Yes. We’ve purchased houses from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a great way to get the funds to become debt-free fast.
Are you going to pay me 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 pay for the full value of the property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Richmond Heights, 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
- 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 30 years of experience offering St. Louis, MO residents get fair value for their properties. Don’t let a damaged home 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 through our website.