Selling a House in Poor Condition in Valley Park, MO
Selling a house in poor condition in Valley Park, MO. We get it, it seems impossible to get some houses off your hands. Whether you don’t want to make the minor updates necessary for a conventional buyer, or are wondering if you’re ever going to be able sell a home with extensive black mold presence, Evervest Home Buyers is here to take your unwanted property off your hands. We Give fair, all-cash offers for as-is homes in the Valley Park area, and can put cash in your pocket in as little as 30 days. Whatever type of repairs your home needs, we are interested in buying it. If you’re selling a home in poor condition in Valley Park, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or tell us about your property online.
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When Is a House in Valley Park, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact term. To some homeowners, it may mean a home that needs major repairs, to others it may mean the carpet needs some serious cleaning. Generally, houses in poor condition can fall into three categories: homes that are uninhabitable, houses that need major remodeling, and houses that need aesthetic updates:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that no one can safely live in it. 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
- Considerable electrical issues
- Serious roof damage
- 2. Houses that need significant work done — Other houses habitable, but not ideal. Houses in need of major work are houses with:
- Plumbing issues
- Minor electrical issues
- Expiring HVAC systems
- Damaged kitchen
- Damaged light fixtures
- Damage to surfaces and siding
- Damaged chimney
- Small issues with the foundation
- 3. Houses that need cosmetic fixes or are other minor patchwork — Some houses aren’t necessarily in bad shape, but might turn traditional buyers off because of other issues:
- The house is in bad part of town
- It’s a rental and you have bad tenants
- It’s an outdated home
- It’s been vacant a long time
- Crimes were committed at the property
- Dirty surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re looking to sell a house in poor condition in Valley Park, MO, it may be more difficult than selling a turnkey house, but that doesn’t mean it’s completely unsellable.
Selling a House in Valley Park, MO in Poor Condition? You Have a Few Options
Most people looking to buy a home want a house they can envision themselves being comfortable in, not one they’ll have to put work into, or spend money to repair after they’ve already spent money on the house. While selling a home that is already in turnkey condition is easier on the conventional market, you still have a few options for selling your Valley Park, MO house in poor condition:
- Do a complete remodel — This is the way to get the most value for your home on the traditional market. However, the repairs may not add enough value for you to get your money back. An entire house remodeling costs between $17,942-$78,270. According to data from the national cost vs. value averages, most repairs only get a 50-70% return on investment. For example, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While investing in major 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 upgrades will also add months or even a year to the time before your house is ready for the Valley Park, MO market.
- Make aesthetic repairs — An alternative is to merely improve your Valley Park home’s curb appeal. Curb appeal by itself can raise a property’s value by almost 10% or more. The cost of minor 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 a home’s interior
- $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 improve offers from prospective buyers, though not as much as the first option.
- Sell your home “as-is” on the conventional market — There are some traditional buyers who will buy a home as-is with the hope of spending less on the down payment and gradually make upgrades over time. There aren’t many of those, and they’ll still expect the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. All of that takes additional time and money.
- Sell in poor condition to a cash home buyer — The final option is to sell your home to a company that pays cash for Valley Park-area homes. At Evervest, we buy homes in any condition for fair value. Then, we make the repairs ourselves and make a moderate profit off the resale. Our process is stress-free and gets cash in your account 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 accept our offer, we can have a contract ready and complete the sale in just a week
Our process puts no pressure on you and gets you fair value for your property. 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 that’s buying your home. We are discrete and nonjudgmental; you don’t even have to do the dishes before we do our inspection.
Our team is made up of a professional Valley Park, MO real estate broker, and a construction crew with over 30 years of experience. We are always straightforward to Valley Park, MO homeowners 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 renovate houses to make a moderate amount of money and improve our Valley Park neighborhoods.
If want to learn more about selling your house in poor condition to an as-is home buyer, call us at (314) 730-0366, or read on to discover more about the cash home buying process.
Selling a House in Poor Condition in Valley Park, MO: Frequently Asked Questions
31.4% of American homes sell to cash buyers, according data from a Redfin report. While selling a house in poor condition to a cash buyer is becoming a more popular option, most people in Valley Park, MO who call us still have questions about the process. The following 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 scammers. But there are no scams involved when you sell to Evervest; we are intent and intentional about our integrity and dedication to our communities. If you still have concerns, you can look at our client testimonials and our A+ score with the Better Business Bureau®. You’ll see proof of funds before any documents are signed, 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 grew up in the Valley Park, MO area, and are proud to raise our own children in the same place. We’re not trying 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 numerous different aspects, including what Valley Park, MO neighborhood it’s in, its size, and the condition its in. More repairs equals lower value. Still, there are ways to do your own research. There are numerous web pages, like Zillow, that give approximations of your homes value. You can also consult with a professional assessor 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 purchased property from people who owe back taxes and have houses in foreclosure. Selling a home for cash is an excellent way to get the funds to pay off your debts quickly.
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 house, and aren’t taking out a loan.
Other types of properties we buy in Valley Park, MO include:
- 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
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 an old house keep 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 get your offer through our website.