Selling a House in Poor Condition in Washington, MO
Selling a house in poor condition in Washington, MO. We understand, it seems impossible to get some houses off your hands. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for a traditional buyer, or are asking yourself how on earth you’re going to get rid of a property with significant asbestos presence, Evervest Home Buyers is here to take your poor condition property off your hands. We Give fair, all-cash offers for as-is homes in the Washington area, and can put cash in your pocket in as little as 30 days. No matter what condition your house is in, we are interested in buying it. If you need to sell a home in poor condition in Washington, 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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When Is a House in Washington, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact phrase. To some, it may mean massive damage, to others it may simply mean the cabinets need refinishing. Generally, houses in poor condition can be categorized by three types: homes that are uninhabitable, houses that need significant repairs, and houses that just need some fine tuning:
- 1. Houses that are uninhabitable — Sometimes, the damage to a home is so bad that it does not provide the basic shelter a home has to. Examples of unlivable houses include:
- Serious Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Considerable 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 repairs 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 issues with the foundation
- 3. Houses that need cosmetic updates or are other minor patchwork — Some houses don’t need major work done, but could possibly turn traditional buyers off because of other issues:
- The house is in bad part of town
- You have bad tenants
- It’s an outdated property
- It’s been vacant for a long period
- Crimes were committed at the property
- Dirty surfaces
- Untended lawn
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Washington, MO, it may be more difficult than selling a house that’s already in pristine shape, but you do have some options.
Selling a House in Washington, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house they can envision themselves being comfortable in, not one they’ll have to work on for years, or pay someone thousands of dollars to repair after they’ve already spent money on the house. While selling a home that is already turnkey property is not as hard on the conventional market, there are still ways you can sell your Washington, MO house in poor condition:
- Do a complete remodel — This is the way to get the most money for your property from a traditional buyer. However, the repairs may not add enough value for you to remake your money. A total 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% cost recuperation. For instance, the average vinyl siding replacement costs $18,662, but only adds $12,541 to your final sale price. While investing in major upgrades will likely fetch the highest bid for your house, you’re unlikely to recoup all the money you spent on repairs. The repairs will also add significant time to the time before your house is ready for the Washington, MO market.
- Make minor upgrades — An alternative is to simply make your Washington house look nicer. Curb appeal alone can raise a house’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 you also won’t recoup all those expenses through the sale, you won’t be spending nearly as much money. The added curb appeal will lead to a higher offer, 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 on the down payment and incrementally fix the house over the years. Those will be harder to find, and they’ll still want the house to be clean, the grass to be mowed, and that you’ll put effort into staging the home. That will further increase the time and money spent before you can unload the home.
- Sell in poor condition to a cash home buyer — Lastly, you can sell your property to an as-is home buyer in Washington, MO. At Evervest, we buy homes in any condition for fair value. 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 pocket in as little as a month:
- We come to your home and do our own inspection
- We give you the best possible offer while still seeing the property as an investment for ourselves
- If you accept our offer, we can have a contract ready and close in as little as 7 days
Our process 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 talk to 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 consists of a licensed Washington, MO real estate broker, and a construction crew with more than 30 years of experience. We are always direct to Washington, 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 buy and rehabilitate houses to earn a moderate profit and improve our Washington neighborhoods.
If want to learn more about selling your house in poor condition for cash, reach out to us at (314) 730-0366, or read on below.
Selling a House in Poor Condition in Washington, 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 Washington, MO who inquire to us still want to know more about the process. The following 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: it can be. There are bad people in this world who lie to others for money. But selling to Evervest is not a scam; we are intent and intentional about our honesty and commitment to our neighborhoods. If you have any doubts, you can read our client testimonials and our A+ score with the Better Business Bureau®. We’ll always show you proof of funds before any documents are signed, and in over 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 Washington, MO area, and are proud to raise our own families where we grew up. 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 believe is fair. The value of your home will depend on numerous different aspects, including where in St. Louis, MO it’s located, how big it is, and how much repairing it will cost us. More repairs equals lower value. Still, there are many ways you can find out how much you should get for your as-is property. There are numerous sites, like Zillow, that give approximations of your homes value. You can also consult with a licensed assessor who can give you their estimate.
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. Selling a home for cash is an excellent way to get the funds to become debt-free fast.
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 cover the full purchase of the house, and aren’t depending on a lender.
Other types of properties we buy in Washington, 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
- 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 difficult, but it doesn’t have to be. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO homeowners get fair value for their properties. Don’t let an old home weigh 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 tell us about your property through our website.