Selling a House in Poor Condition in St. Louis County, MO
Selling a house in poor condition in St. Louis County, MO. We get it, some houses seem impossible to sell. Whether you aren’t predisposed to make the minor updates necessary for the conventional market, or are asking yourself how on earth you’re going to get rid of a house with considerable water damage, Evervest Home Buyers can offer you a solution. We pay full value, in cash, for as-is houses in the St. Louis County area, and can put cash in your pocket in as little as a month. No matter what condition your house is in, we will make you an offer. If you’re selling a home in poor condition in St. Louis County, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or contact us online.
When Is a House in St. Louis County, MO Considered to Be in Poor Condition?
“Poor condition,” is a subjective phrase. To some, it may mean massive damage, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can fall into three group: homes that no one can live in, houses that need extensive repairs, and houses that need cosmetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor condition that it does not provide the basic shelter a home has to. Examples of unlivable houses include:
- Extensive Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Extensive foundation issues
- Termite damage
- Serious electrical issues
- Extensive roof damage
- 2. Houses that need significant repairs — Other houses habitable, but not ideal. Houses in need of major fixes are houses with:
- Plumbing issues
- Minor electrical issues
- Failing 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 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 part of town
- You have bad tenants
- It’s an outdated property
- It’s been vacant a long time
- Crimes were committed inside the house
- Dirty surfaces
- Neglected grass
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in St. Louis County, MO, it will be much harder than finding a buyer for a house that’s already in pristine shape, but you do have some options.
Selling a House in St. Louis County, MO in Poor Condition? Here’s What You Can Do
Most home buyers want a house to live comfortably in right away, not one they’ll have to work on for years, or spend money to repair after they’ve already spent money on the house. While selling a house that is already turnkey property is easier on the conventional market, you still have a few options for selling your St. Louis County, MO house in poor condition:
- Do a complete remodel — This is how you can get the most value for your property from a conventional buyer. However, the repairs may not add enough value for you to remake your money. An entire home remodeling will run up to almost $80,000. According to national cost vs. value report, most repairs don’t even get a 70% cost recuperation. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 in value to your home. While making significant repairs will likely get you the most money for your house at final sale, 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 your house is ready for the St. Louis County, MO market.
- Make cosmetic upgrades — Another option is to simply increase your St. Louis County home’s curb appeal. Curb appeal alone can increase a property’s sale price by almost 10% or more. The cost of cosmetic upgrades is much easier to fit in a budget:
- $153-$929 for a light fixture
- $161-$363 to replace 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 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” to a traditional buyers — There are some traditional buyers who will buy a house as-is in an effort to spend less upfront and incrementally repair the house over time. There aren’t many of those, and they’ll still want the house to be clean, the lawn to be tidy, and that you’ll put effort into staging the home. All of that takes additional time and money.
- Sell in poor condition to cash home buying company — Lastly, you can sell your home to a company that pays cash for St. Louis County-area homes. At Evervest, we give all cash offers for homes in poor condition. Then, we make all the necessary repairs and upgrades ourselves 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 seeing the property as an investment for ourselves
- When you agree to sell to us, we can write up a contract and complete the sale in just 7 days
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 looking over your home. The only person you’ll deal with is the person that’s buying your home. 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 is made up of a licensed St. Louis County, MO real estate broker, and a construction crew with over 30 years of experience. We are always direct to St. Louis County, MO homeowners about how much their property is worth, and how we valued it. We’re not going to get rich off selling your property; we do what we do to make a moderate amount of money and give St. Louis County families a place to settle down.
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 St. Louis County, MO: FAQs
31.4% of U.S. 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 a more popular option, most St. Louis County, MO homeowners who inquire to us still want to know more about the process. The following 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 devotion to our neighborhoods. If you still have concerns, you can check out our client testimonials and our A+ rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in 20+ years we have never gone back on a contract because we didn’t abide by its terms.
We’re from the St. Louis County, 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 the true value of my home as-is?
Our offer will be what we genuinely think is fair. How much your home is worth is based on numerous different factors, including where in St. Louis, MO it’s located, its size, and how much repairing it will cost us. The more the repairs, the less we’ll want to pay for it. Still, there are ways to do your own research. There are many sites, like Zillow, that offer home value estimates. You can also consult with a licensed appraiser who can give you their professional opinion.
Can I sell my house if I’m in debt?
Yes. We’ve bought houses from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a great way to get the money to pay off your debts fast.
Do I get paid in actual cash?
No. While the idea of a suitcase full of cash is nice to think about, we’ll wire the money to your account. “Cash buyer” means we’re using our own funds to cover the full purchase of the property, and aren’t won’t be getting a mortgage.
Other types of properties we buy in St. Louis County, 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 be a bad experience, but it doesn’t have to be. Evervest Home Buyers has more than 30 years of experience offering St. Louis, MO residents a fast and stress-free home selling experience. Don’t let a damaged home hold 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 online.