Selling a House in Poor Condition in Shrewsbury, MO
Selling a house in poor condition in Shrewsbury, 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 conventional market, or are asking yourself how on earth you’re going unload a house with considerable termite damage, 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 Shrewsbury area, and can close in as little as 30 days. No matter what condition your property is in, we are interested in buying it. If you’re selling a home in poor condition in Shrewsbury, MO and want a stress-free solution, call Evervest today at (314) 730-0366 or get your offer online.
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What is Meant By a Home in “Poor Condition” in Shrewsbury, MO?
“Poor condition,” is an inexact term. To some, it may mean a house that is unlivable, to others it may mean the walls need repainting. Generally, houses in poor condition can fall into three group: houses that you can’t live in, houses that need significant work done, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home has to. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Serious foundation issues
- Termite damage
- Extensive 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
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to walls, garage, floors, or ceiling
- Damaged chimney
- Small cracks in the foundation
- 3. Houses that need updating or are other minor patchwork — Some houses aren’t necessarily in bad shape, 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- It’s an outdated house
- It’s been vacant a long time
- Crimes were committed at the property
- Stained surfaces
- Untended landscape
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Shrewsbury, MO, it may be more difficult than selling a turnkey house, but you do have some options.
Selling a House in Shrewsbury, MO in Poor Condition? Here’s What You Can Do
Most people looking to buy a home want a house to live comfortably in right away, 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 home that is already turnkey property is not as hard to a conventional buyer, you still have a few options for selling your Shrewsbury, MO house in poor condition:
- Make major repairs — This will secure the most money for your home on the traditional market. However, you may not recoup the cost of the repairs in the sale. An entire home remodeling will run up to $78,270. According to research from the national resale averages, most repairs don’t even get a 70% ROI. 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 upgrades will almost certainly get you the most money for your house at final sale, you probably won’t recoup all the money you spent on repairs. The upgrades will also add months or even a year to the time before your house is ready for the Shrewsbury, MO market.
- Make aesthetic repairs — Another thing you can do is simply raise your Shrewsbury home’s curb appeal. Curb appeal alone can improve a house’s sale price by 7% 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 all the interior walls
- $350-$3,500 to refinish cabinets
While you also won’t get all that money back, you’ll be giving up 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 making major repairs.
- Sell your home “as-is” to a traditional buyers — There are some conventional buyers who will buy a home in poor condition with the hope of spending less on the down payment and gradually repair the house over the years. There aren’t many of those, and they’ll still expect the house to be clean, the lawn to be tidy, 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 cash home buying company — Lastly, you can sell your property to an as-is home buying company in Shrewsbury, MO. At Evervest, we buy homes in any condition for the current value of the property. 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 hand in as little as 30 days:
- We come to your home and do 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 have a contract ready and complete the sale in just a week
Our process is not only fair and fast, but it’s entirely nuisance-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 see is the person that’s buying your home. We are discrete and nonjudgmental; you don’t even have to pick the socks up off the floor before we do our inspection.
Our team consists of a licensed Shrewsbury, MO real estate broker, and a construction crew with more than three decades of experience. We are always straightforward to Shrewsbury, MO residents 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 do what we do to make a moderate amount of money and enhance our Shrewsbury neighborhoods.
If want to learn more about selling your house in poor condition to a cash home buyer, reach out to us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Shrewsbury, MO: FAQs
31.4% of American homes sell to cash buyers, according data from a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Shrewsbury, MO homeowners who reach out to us still have questions 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 dishonest people. But there are no scams involved when you sell to Evervest; we pride ourselves on our honesty and dedication 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 any documents are signed, and in more than two decades we have never backed out of a contract because we didn’t abide by its terms.
We’re from the Shrewsbury, MO area, and are proud to raise our own families in the same place. We do not want to cheat any of our neighbors.
How do I know how much my home is really worth as-is?
Our offer will be what we genuinely think is fair. The value of your home is based on a variety of aspects, including what Shrewsbury, MO neighborhood it’s in, its size, and how expensive making all the repairs might be. The more the repairs, the less we’ll want to pay for it. Still, there are many ways you can find out how much you should get for your as-is property. There are many web pages, like Zillow, that give approximations of your homes value. You can also hire a credentialed appraiser to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve bought houses from homeowners who owe back taxes and have houses in foreclosure. Getting cash for your home is a good way to get the funds 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 property, and aren’t taking out a loan.
Other types of properties we buy in Shrewsbury, 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 more than three decades of experience offering St. Louis, MO homeowners get fair value for their properties. Don’t let an old property 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 contact us through our website.