Selling a House in Poor Condition in Union, MO
Franklin County
Evervest Home Buyers
3015 Salena St #201
St. Louis, MO 63118
Selling a house in poor condition in Union, MO. Selling a house that needs major repairs can be difficult. Whether you don’t want to deal with repainting, cleaning, and staging for the traditional market, or are asking yourself if you’re ever going to be able to get rid of a home with extensive asbestos presence, Evervest Home Buyers is here to take your unwanted property off your hands. We Give fair, all-cash offers for as-is houses in the Union area, and can complete the transfer in as little as 30 days. No matter what condition your property is in, we will make you an offer. If you’re selling a home in poor condition in Union, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or contact us through our website.
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What is Meant By a Home in “Poor Condition” in Union, MO?
“Poor condition,” is an inexact term. To some, it may mean a home that needs major repairs, to others it may simply mean the carpet needs some serious cleaning. Typically, houses in poor condition can fall into three group: homes that are uninhabitable, houses that need significant repairs, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, a house is in such poor condition that no one can safely live in it. Examples of unlivable houses include:
- Significant Fire or water damage
- Lead and/or asbestos you can’t get rid of
- Black mold
- Extensive foundation issues
- Termite damage
- Significant electrical issues
- Considerable roof damage
- 2. Houses that need significant repairs — Other houses habitable, but uncomfortably. Houses in need of serious fixes 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 aesthetic repairs or are other minor patchwork — Some houses don’t need major work 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- It’s an outdated home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
- Untended grass
- Peeling paint
- Minor wood rot
If you need to sell a house in poor condition in Union, MO, it will be much harder than finding a buyer for a house that’s already in pristine condition, but that doesn’t mean it’s completely unsellable.
Selling a House in Union, MO in Poor Condition? You Have a Few Options
Most people looking to buy a home want a house they can envision themselves relaxing in, not one they’ll have to fix up, 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 to a traditional buyer, you still have a few options for selling your Union, MO house in poor condition:
- Do a complete remodel — This will secure the most value for your property on the traditional market. However, you may not recoup the cost of the repairs in the sale. A complete home remodeling will run up to almost $80,000. According to national resale averages, most repairs don’t even get a 70% cost recuperation. For instance, the average minor kitchen remodel costs $28,279, but only adds $20,1225 to your final sale price. While making major upgrades will likely fetch the highest bid for your house, you’re unlikely to recoup all the money you spent on repairs. The upgrades will also take time, and it could be months or even a year before you can list your home on the Union, MO market.
- Make cosmetic upgrades — An alternative is to simply improve your Union home’s curb appeal. Curb appeal alone can increase a property’s value by almost 10% 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 all the interior walls
- $350-$3,500 to refinish cabinets
While you also won’t get all that money back, you’ll be sacrificing considerably less money than if you do a full renovation. The added curb appeal will improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” to a conventional buyers — There are some conventional buyers who will buy a home as-is in an effort to spend less upfront and gradually fix the house over the years. Those will be more difficult 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 you can unload the home.
- Sell “as-is” to a cash home buyer — The final option is to sell your property to an as-is home buying company in Union, MO. At Evervest, we give all cash offers for homes in poor condition. Then, we make all the necessary repairs and upgrades ourselves and sell the property at a slightly higher value. Our process is stress-free and gets money in your account in as little as a month:
- 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 write up a contract and complete the sale in as little as 7 days
Our process puts no pressure on you and gets you fair value for your home. You won’t have to deal with dozens of people looking over your home. The only person you’ll have to see is the person who’s making the purchase. We are discrete and nonjudgmental; you don’t even have to vacuum the carpet before we do our inspection.
Our team is made up of a professional Union, MO real estate broker, and a contractor with over three decades of experience. We are always direct to Union, MO residents about the value of their home, and how we valued it. We’re don’t get rich off the sale of one property; we buy and rehabilitate houses to earn a moderate profit and improve our Union neighborhoods.
If you’re interested in 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 Union, MO: Frequently Asked Questions
31.4% of American home purchases are paid for with cash, according to a Redfin report. While more people may be seeing the wisdom in selling a house in poor condition for cash, most Union, MO homeowners who inquire to us still have questions about the process. Below are some of the most frequently asked questions about selling a house as-is:
Is the cash home buying process a scam?
The short answer is: it can be. There are bad people in this world who lie to others for money. But there are no scams involved when you sell to Evervest; we pride ourselves on our integrity and dedication to our neighborhoods. If you have any doubts, you can look at our client testimonials and our perfect rating with the Better Business Bureau®. You’ll see proof of funds before the purchase is complete, and in 20+ years 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 Union, MO area, and are proud to raise our own kids in the same place. We’re not trying to be dishonest with 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 will depend on numerous different factors, including what Union, MO neighborhood it’s in, how big it is, and how much repairing it will cost us. The more the repairs, the more it’s value will go down. Still, there are many ways you can find out how much you should get for your as-is property. There are numerous web pages, like Zillow, that offer approximations of your homes value. You can also hire a professional appraiser who can give you their estimate.
Can I sell my house if there’s a lien on it?
Yes. We’ve bought houses from homeowners 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.
Do I get paid 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 funds to pay for the full value of the property, and aren’t taking out a loan.
Other types of properties we buy in Union, MO include:
- Sell a Property With Tenants – Fast, Easy, Hassle-Free
- Selling Your House Off-Market
- Local Home Buyers
- Sell Vacant House (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 a Home in Pre-Foreclosure
- How to Sell a House That Needs Major Repairs
- Home Investors
- Sell My House
- Cash for Homes
- Sell My House As-Is
- Sell My Probate House
- Sell My Outdated House
- Sell My Inherited House in Greater St. Louis
- How to Sell Your House
- Investment Property Buyers
- Foreclosed House Buyer
- Fast House Buyer
- Condemned Property Buyer
- Cash Home Buyer
- Sell My Home For Cash
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 30 years of experience offering St. Louis, MO residents get fair value for their properties. Don’t let an old home weigh 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 get your offer through our website.