Selling a House in Poor Condition in Webster Groves, MO
Selling a house in poor condition in Webster Groves, MO. We understand, it seems impossible to get some houses off your hands. Whether you don’t want to make the minor updates necessary for the traditional market, or are asking yourself how on earth you’re going sell a house with serious termite damage, Evervest Home Buyers is here to take your poor condition property off your hands. We pay full value, in cash, for as-is properties in the Webster Groves area, and can close in as little as a month. No matter what shape your property is in, we will make you an offer. If you’re selling a home in poor condition in Webster Groves, MO and want a home-selling experience with no hassle, call Evervest today at (314) 730-0366 or get your offer online.
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When Is a House in Webster Groves, MO Considered to Be in Poor Condition?
“Poor condition,” is an inexact phrase. 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 be broken down into three categories: homes that you can’t live in, houses that need significant repairs, and houses that need aesthetic 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 uninhabitable houses include:
- Serious Fire or water damage
- Lead and/or asbestos that can’t be removed
- Black mold
- Serious foundation issues
- Termite damage
- Serious electrical issues
- Significant roof damage
- 2. Houses that need significant work done — Other houses habitable, but still have major issues. 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 cracks in the foundation
- 3. Houses in need of updating or are other minor patchwork — Some houses don’t need major remodeling done, but may 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- It’s an outdated home
- 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 Webster Groves, MO, it may be more difficult than finding a buyer for a house that’s already in pristine shape, but you do have some options.
Selling a House in Webster Groves, 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 spend money to repair after they’ve already spent money on the house. While selling a home that is already in turnkey condition is not as hard on the traditional market, there are still ways you can sell your Webster Groves, MO house in poor condition:
- Invest in major upgrades — This will get the most value for your house on the conventional market. However, the cost of getting there is high. An entire house remodeling will run 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 instance, the average vinyl siding replacement costs $18,662, but only adds $12,541 in value to your home. While making major repairs will almost certainly get you the most money for your house at final sale, you’re unlikely to recoup all the money you put into the repairs. The repairs will also add significant time to the time before your house is ready for the Webster Groves, MO market.
- Make aesthetic repairs — Another way to sell your home easier is to merely improve your Webster Groves home’s curb appeal. Curb appeal alone can boost a property’s sale price by 7% 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 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 lead to a higher offer, though not as much as the first option.
- Sell your home “as-is” on the conventional market — Some prospective homeowners may buy a house as-is with the hope of spending less on the down payment and gradually repair the house over the years. There aren’t many of those, and they’ll still expect an empty house that’s well-staged when they see it. That will further increase the time and money spent before the house is sold.
- Sell in its current condition to a cash home buyer — Lastly, you can sell your house to a company that pays cash for Webster Groves-area homes. At Evervest, we give all cash offers for homes in poor condition. Then, we renovate the home and make a small profit off the resale. Our process is simple and gets cash 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 just 7 days
The way we do things puts no pressure on you and gets you fair value for your property. You won’t have to deal with dozens of people coming in and out of 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 do the dishes before we do our inspection.
Our team consists of a professional Webster Groves, MO real estate broker, and a construction crew with more than 30 years of experience. We are always straightforward to Webster Groves, MO residents about how much their property is worth, 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 enhance our Webster Groves neighborhoods.
If you’re interested in selling your house in poor condition for cash, get in touch with us at (314) 730-0366, or read on to find out more about the cash home buying process.
Selling a House in Poor Condition in Webster Groves, MO: FAQs
31.4% of American home purchases are paid for with cash, according data from a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most Webster Groves, MO homeowners who call us still want to know more 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: it can be. There are dishonest 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 communities. If you have any doubts, you can check out our client testimonials and our perfect rating 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 Webster Groves, MO area, and are proud to raise our own children in the same place. We do not want to be dishonest with any of our neighbors.
How do I know the true value of my home as-is?
Our offer will be what we genuinely believe is fair. The value of your home will depend on a variety of factors, including what Webster Groves, MO neighborhood it’s in, how big it is, and how expensive making all the repairs might be. 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 many sites, like Zillow, that give home value estimates. You can also consult with a credentialed appraiser to help you understand how much your home is worth.
Can I sell my house if I’m in debt?
Yes. We’ve bought homes from people who owe back taxes and have houses in foreclosure. Getting cash for your home is a good way to get the money to pay off your debts quickly.
Are you going to pay me in actual cash?
No. While the idea of a suitcase full of cash is fun, we’ll pay you through an electronic transfer into your account. “Cash buyer” means we’re using our own money to pay for the full value of the property, and aren’t taking out a loan.
Other types of properties we buy in Webster Groves, 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 seem impossible, but we can offer a solution. Evervest Home Buyers has more than three decades of experience offering St. Louis, MO residents a fast and stress-free home selling experience. Don’t let a damaged house 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 tell us about your property through our website.