Selling a House in Poor Condition in St. Charles, MO
Selling a house in poor condition in St. Charles, MO. We get it, it seems impossible to get some houses off your hands. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for the traditional market, or are wondering how on earth you’re going sell a house with significant water damage, Evervest Home Buyers can offer you a solution. We Give fair, all-cash offers for as-is homes in the St. Charles area, and can complete the transfer in as little as a few weeks. No matter what shape your property is in, we will make you an offer. If you need to sell a home in poor condition in St. Charles, MO and want a a fast and easy solution, call Evervest today at (314) 730-0366 or get your offer through our website.
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What is Meant By a Home in “Poor Condition” in St. Charles, MO?
“Poor condition,” is a subjective term. To some homeowners, it may mean massive damage, to others it may mean the carpet needs some serious cleaning. Generally, houses in poor condition can be broken down into three categories: houses that you can’t live in, houses that need major work done, 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 live in it without the risk of getting sick or hurt. Examples of unlivable houses include:
- Considerable Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Considerable foundation issues
- Termite damage
- Extensive electrical issues
- Significant roof damage
- 2. Houses that need significant repairs — Other houses can be lived in, but uncomfortably. Houses in need of major repairs 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 cosmetic updates or are otherwise undesirable — 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 neighborhood
- You have bad tenants
- It’s an outdated house
- It’s been vacant a long time
- Crimes were committed inside the house
- Dirty surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re trying to sell a house in poor condition in St. Charles, MO, it will be much harder than selling a house that’s already in pristine condition, but that doesn’t mean it’s completely unsellable.
Selling a House in St. Charles, MO in Poor Condition? Here’s What You Can Do
Most people looking to buy a home want a house they can see themselves relaxing in, not one they’ll have to put work into, or spend money to repair after the cost they put into the purchase. While selling a house that is already in turnkey condition is easier to a traditional buyer, you still have a few options for selling your St. Charles, MO house in poor condition:
- Do a complete remodel — This is how you can secure the most value for your home on the conventional market. However, you might not get back the cost of the repairs in the sale. A complete house renovation costs between $17,942-$78,270. According to research from the national resale report, most repairs only get a 50-70% ROI. For example, the average minor kitchen remodel costs $28,279, but only adds $20,1225 in value to your home. While making significant repairs will almost certainly get you the most money for your house at final sale, you probably won’t profit off of the repairs you made. The repairs will also take time, and it could be months or even a year before you can list your home on the St. Charles, MO market.
- Make cosmetic upgrades — An alternative is to simply make your St. Charles house look nicer. Curb appeal by itself can raise a house’s sale price by 7% or more. The cost of cosmetic upgrades is much cheaper than major repairs:
- $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 added curb appeal will improve offers from prospective buyers, though not as much as making major repairs.
- Sell your home “as-is” on the traditional market — Some people may buy a home as-is with the hope of spending less on the down payment and slowly fix the house over the years. There aren’t many of those, and they’ll still want an empty house that’s well-staged when they see it. That alone can lead to you spending more money.
- Sell “as-is” to an as-is home buyer — Lastly, you can sell your property to a cash home buying company in St. Charles, MO. At Evervest, we buy homes in any condition for the current value of the property. Then, we make the repairs ourselves and make a small profit off the resale. Our process is stress-free and gets cash in your hand in as little as a month:
- We carry out our own inspection
- We give you the best possible offer while still seeing the property as an investment for ourselves
- If you agree to sell to us, we can have a contract ready and close in as little as 7 days
The way we do things 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 deal with is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to mop the floors when we come over to look at your home.
Our team is made up of a professional St. Charles, MO real estate broker, and a construction crew with more than 30 years of experience. We are always honest to St. Charles, MO residents 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 buy and rehabilitate houses to earn a moderate profit and improve our St. Charles neighborhoods.
If you’re interested in selling your house in poor condition to a cash home buyer, call us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in St. Charles, MO: Frequently Asked Questions
Nearly one-third of American homes sell to cash buyers, according data from a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most people in St. Charles, MO who inquire to us still have questions about the process. Below are some of the most frequently asked questions 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 scammers. But selling to Evervest is not a scam; we are intent and intentional about our honesty and dedication to our neighborhoods. If you have any doubts, you can check out 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 written a contract that we didn’t close on due to us backing out of the deal spelled out in the contract.
We grew up in the St. Charles, 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 how much my home is really worth as-is?
We always strive to give offers that we truly believe are fair. The value of your home is based on a variety of factors, including what St. Charles, MO neighborhood it’s in, how big it is, and how expensive making all the repairs might be. More repairs equals lower value. Still, there are ways to do your own research. There are many sites, like Zillow, that give approximations of your homes value. You can also consult with a professional assessor who can give you their professional opinion.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought property from people who owe back taxes and have houses in foreclosure. Selling a home for cash is an excellent way to get the money to pay off your debts fast.
Do I get paid 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 money to cover the full purchase of the home, and aren’t taking out a loan.
Other types of properties we buy in St. Charles, MO include:
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (For Cash)
- Sell My House Fast for Cash
- Selling a Fixer Upper Home
- Cash for Ugly Houses
- Sell Your House During a Divorce
- Selling a Rental Property
- Selling a Home with a Reverse Mortgage
- Selling a House Without a Realtor
- Selling an Inherited House
- 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 be a stressful experience, but we can offer a solution. Evervest Home Buyers has over three decades of experience offering St. Louis, MO homeowners get fair value for their properties. Don’t let a damaged house keep you down; get the funds to move to the next stage of your life today. To sell your St. Louis, MO home in poor condition, call us at (314) 730-0366 or tell us about your property through our website.