Selling a House in Poor Condition in Wentzville, MO
Selling a house in poor condition in Wentzville, MO. Selling a house that needs major repairs can be daunting. Whether you aren’t predisposed to deal with repainting, cleaning, and staging for a traditional buyer, or are wondering if you’re ever going to be able sell a property with significant 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 Wentzville area, and can put cash in your pocket in as little as a month. Whatever type of repairs your home needs, we will make you an offer. If you’re selling a home in poor condition in Wentzville, 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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What is Meant By a Home in “Poor Condition” in Wentzville, MO?
“Poor condition,” is an umbrella phrase. To some, 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 be broken down into three categories: houses that no one can live in, houses that need extensive remodeling, and houses that need cosmetic 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:
- Significant Fire or water damage
- Lead and/or asbestos you can’t eliminate
- Black mold
- Serious foundation issues
- Termite damage
- Considerable electrical issues
- Serious roof damage
- 2. Houses that need significant work done — Other houses habitable, but uncomfortably. Houses in need of major fixes 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 in need of cosmetic fixes or are other minor patchwork — Some houses don’t need major repairs done, but might not be appealing to conventional home buyer because of other issues:
- The house is in bad neighborhood
- 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- It’s an outdated home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
- Stained surfaces
- Untended grass
- Peeling paint
- Minor wood rot
If you’re selling a house in poor condition in Wentzville, MO, it may be more difficult than selling a turnkey house, but you do have some options.
Selling a House in Wentzville, MO in Poor Condition? Read on For Help
Most people looking to buy a home want a house to live comfortably in right away, 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 property that is already turnkey property is not as hard on the traditional market, there are still ways you can sell your Wentzville, MO house in poor condition:
- Make major upgrades — This will get the most money for your home on the traditional market. However, the repairs may not add enough value for you to get your money back. A total house renovation costs up to almost $80,000. According to research from the national resale report, most repairs only get a 50-70% return on investment. For instance, the average roof replacement for asphalt shingles costs $31,535, but only adds $18,780 in value to your home. While making significant repairs will likely fetch the highest bid for your house, you probably won’t recoup all the money you spent on repairs. The repairs will also add months or even a year to the time before your house is ready for the Wentzville, MO market.
- Make aesthetic upgrades — Another way to sell your home easier is to merely make your Wentzville house more attractive. Curb appeal alone can improve a house’s sale price 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 a home’s interior
- $350-$3,500 to refinish cabinets
While you also won’t get all that money back, 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 in poor condition with the hope of spending less upfront and incrementally 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 the house is sold.
- Sell in its current condition to cash home buying company — The final option is to sell your home to a company that pays cash for Wentzville-area homes. At Evervest, we buy homes in any condition for the current value of the property. Then, we renovate the home and sell the property at a slightly higher value. Our process is easy and gets cash in your hand in as little as 30 days:
- 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
- When you agree to sell to us, we can have a contract ready and complete the sale in as little as a week
Our process puts no pressure on you and gets you fair value for your house. 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 pick the socks up off the floor when we come over to look at your home.
Our team is made up of a licensed Wentzville, MO real estate broker, and a construction crew with over three decades of experience. We are always honest to Wentzville, MO homeowners about how much their property is worth, and how we came to that number. We’re don’t get rich off the sale of one property; we do what we do to make a moderate amount of money and give Wentzville families a place to settle down.
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 Wentzville, MO: Frequently Asked Questions
Almost one-third of U.S. homes sell to cash buyers, according to a Redfin report. While more people may be seeing the value in selling a house in poor condition for cash, most people in Wentzville, MO who call us still have questions about the process. Below are some of the questions we get the most about selling a house as-is:
Is the cash home buying process a scam?
Unfortunately 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 check out our client testimonials and our A+ 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 backed out of a contract because we didn’t follow its terms.
We grew up in the Wentzville, 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 how much my home is really worth as-is?
We always strive to give offers that we truly believe are fair. The value of your home will depend on a variety of factors, including what Wentzville, MO neighborhood it’s in, 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 numerous sites, like Zillow, that give home value estimates. You can also hire a credentialed appraiser who can give you their professional opinion.
Can I sell my house if I’m in debt?
Yes. We’ve bought property from people who owe back taxes and have houses in foreclosure. Selling a home for cash is an excellent way to get the money to pay off your debts quickly.
Are you going to pay me in actual cash?
No. While it might sound fun to have bags full of cash, 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 home, and aren’t won’t be getting a mortgage.
Other types of properties we buy in Wentzville, 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 difficult, but we can offer a solution. Evervest Home Buyers has over 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 tell us about your property online.