Selling a House in Poor Condition in Springfield, MO
Selling a house in poor condition in Springfield, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to deal with repainting, cleaning, and staging for a conventional buyer, or are asking yourself how on earth you’re going unload a house with extensive asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We pay full value, in cash, for as-is properties in the Springfield area, and can complete the transfer in as little as a month. No matter what shape your house is in, we will make you an offer. If you’re selling a home in poor condition in Springfield, MO and want a home-selling experience with no hassle, call Evervest today at (417) 815-3889 or tell us about your property online.
When Is a House in Springfield, MO Considered to Be in Poor Condition?
“Poor condition,” is an umbrella phrase. To some homeowners, it may mean a home that needs major repairs, to others it may mean the walls need repainting. Typically, houses in poor condition can fall into three group: houses that you can’t live in, houses that need extensive remodeling, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor condition that no one can live in it without the risk of getting sick or hurt. Examples of uninhabitable houses include:
- Significant Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Extensive foundation issues
- Termite damage
- Considerable electrical issues
- Considerable roof damage
- 2. Houses that need significant work done — Other houses habitable, but uncomfortably. Houses in need of major repairs are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small cracks in the foundation
- 3. Houses that need updating or are otherwise undesirable — Some houses don’t need major repairs done, but may not be appealing to conventional home buyer because of other issues:
- The house is in bad part of town
- You have bad tenants
- It’s an outdated home
- It’s been vacant for a long period
- Crimes were committed inside the home
- Stained surfaces
- Neglected lawn
- Peeling paint
- Minor wood rot
If you’re looking to sell a house in poor condition in Springfield, MO, it may be more difficult than finding a buyer for a house that’s already in pristine shape, but you do have some options.
Selling a House in Springfield, MO in Poor Condition? You Have a Few Options
Most home buyers want a house to live comfortably in right away, not one they’ll have to put work into, or pay someone thousands of dollars to fix after the cost they put into the purchase. While selling a home that is already in turnkey condition is easier on the conventional market, there are still ways you can sell your Springfield, MO house in poor condition:
- Invest in major repairs — This will secure the most value for your home from a traditional buyer. However, the cost of getting there is high. An entire house renovation costs between $17,942-$78,270. According to research from the national cost vs. value 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 making major repairs will almost certainly fetch the highest bid for your house, you probably won’t recoup all the money you put into the repairs. The repairs will also add months or even a year to the time before you can list your home on the Springfield, MO market.
- Make minor repairs — Another option is to simply make your Springfield house look nicer. Curb appeal alone can boost a home’s value by almost 10% or more. The cost of cosmetic 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 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 the first option.
- Sell your home “as-is” on the traditional market — Some prospective homeowners may buy a home as-is in an effort to spend less upfront and slowly make upgrades over time. Those will be harder to find, and they’ll still want an empty house that’s well-staged when they see it. That will further increase the time and money spent before the house is sold.
- Sell in its current condition to cash home buying company — Lastly, you can sell your property to a company that pays cash for Springfield-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make all the necessary repairs and upgrades ourselves and make a small profit off the resale. Our process is easy and gets money in your pocket in as little as 30 days:
- We perform our own inspection
- We give you the best possible offer while still setting ourselves up for a profit
- If you agree to sell to us, we can have a contract ready and close in just 7 days
The way we do things 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 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 is made up of a professional Springfield, MO real estate broker, and a construction expert with more than three decades of experience. We are always straightforward to Springfield, 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 Springfield neighborhoods.
If want to learn more about selling your house in poor condition to an as-is home buyer, call us at (417) 815-3889, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in Springfield, MO: Frequently Asked Questions
Nearly one-third of U.S. home purchases are paid for with cash, according to a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most people in Springfield, MO who inquire to us still want to know more 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 selling to Evervest is not a scam; we are intent and intentional about our integrity and commitment to our neighborhoods. If you have any doubts, you can read our client testimonials and our perfect 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 follow its terms.
We grew up in the Springfield, MO area, and are proud to raise our own children where we grew up. We’re not trying 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 will depend on a variety of factors, including where in Springfield, MO it’s located, how big it is, and the cost of making all the repairs. More repairs equals lower value. Still, there are ways to do your own research. 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 there’s a lien on it?
Yes. We’ve bought houses from people who owe back taxes and have houses in foreclosure. Selling a home for cash is a great way to get the money to pay off your debts quickly.
Are you going to pay me in actual cash?
No. While the idea of a suitcase full of cash is nice to think about, 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 taking out a loan.
Other types of properties we buy in Springfield, 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 a stressful experience, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering Springfield, MO homeowners a fast and stress-free home selling experience. 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 contact us online.