Frequently Asked Questions
Have some questions about selling your house?
We know that selling a house for cash to a company like ours is a big decision. The questions below are common things we get asked about the process and FasterHouse.
Our offers stand firm, free from the contingencies that could allow other buyers to back out. We’re committed to providing you with a fair and reliable offer you can count on. While others may offer more on the surface, our commitment to transparency and immediate availability sets us apart. We encourage you to carefully review competing offers and their terms before deciding.
We understand that exploring multiple options is a smart move. Our team combines industry knowledge, experience, and a sense of urgency to provide unmatched service. While considering other offers, it’s essential to understand the contracts and contingencies they may have. Some buyers might have terms that could leave you in a tough spot. At FasterHouse, our focus is on your best interests and a smooth selling experience.
Our offers are meticulously calculated based on the After Repair Value (ARV) — minus repair costs and a contingency amount that ensures our ability to support homeowners like you. We aim to provide a fair and competitive offer that reflects the market conditions and your property’s unique attributes. Accepting our offer allows you to embark on a hassle-free journey with a trusted partner who values your needs.
We understand that moving timelines don’t always align perfectly. That’s why we offer flexibility when it comes to the possession of your property. Whether you need to stay for a few extra days or even a couple of weeks after closing, we’re here to accommodate your needs. Our FasterHouse lease-back program is designed for homeowners who want to unlock their home’s value while continuing to live in it.
If you’re a homeowner in the St. Louis area, our mission is to provide you with a swift and stress-free solution. You’ve likely searched for ways to “sell your house fast in St. Louis,” and that’s exactly what we specialize in. With FasterHouse, you can skip the complexities of traditional real estate sales. We buy houses in any condition, allowing you to sell quickly without the usual hassles and delays.
Our offers are not contingent on inspections or appraisals. If you do talk to or get an offer from a home purchasing company, we encourage you to have an understanding of their contract and contingencies that could allow them to back out of their contract and leave you in a tough spot.
Our level of service and sense of urgency combined with our industry knowledge and experience is unmatched. We try our best to be the best fit and option for you. If you do talk to or get an offer from a home purchasing company, we encourage you to have an understanding of their contract and contingencies that could allow them to back out of their contract and leave you in a tough spot.
The offer that was calculated for your house is based upon the After Repair Value (ARV or Market Ready Value), minus the cost of repairs needed to make it market ready and also a contingency amount that allows our company to stay in business and continue to help homeowners that need to sell.
Thankfully, we can be flexible on possession of the house. If you sell and need to stay for 24 hours or 2 weeks we can work with you.
FasterHouse helps seniors in two ways.
- We help seniors avoid the costly and time consuming process of preparing a home to sell in the retail market.
- We help seniors take back control of their life by empowering them to move to a new home or senior community faster and on their own timeline.
FasterHouse makes fast, fair cash offers for inherited home owners who are not interested in continuing to own a property for any reason.
We buy homes that need repairs and/or have other issues.
FasterHouse makes the process as fast as possible. We make fair cash offers within 24 hours of seeing your home. You are able to close on your own timeline.
Yes, we really do. In situations where a home has belongings in it, we give the family time to remove them and then we handle the rest of the details to buy the home as-is. Our professional moving partner can offer solutions like packing, storage, total clean out and tailor their service to your needs!
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No! We respect your situation and decision to sell as you please. What we can promise is that we will give you a fast and fair cash offer for your home that is guaranteed to close on your timeline.
There are many faceless, nation-wide corporations that offer to buy homes for cash. There are horror stories across the industry of high pressure tactics, last minute changes to the contract that benefit the buyer, and the list goes on. FasterHouse is a locally owned company active in our communities through volunteer work and charity. FasterHouse was built with a vision to help the community and homeowners with the need to sell fast. We’re proud of a long-standing A+ BBB Rating and countless 5-star reviews from previous sellers.
As of July 2025, the average home value in MO is around $262,355. This amount reflects a 2.3% increase over July of 2024.
Yes, selling a house as-is is possible in Missouri and often a smart move.
Cash home-buying companies like FasterHouse help sellers skip real estate woes, including commissions. In the state, the average commission rate is 5.73%.
Kennett is a good spot to start your search for affordable houses. Here, the average home value is $111,080.
Some of the least expensive neighborhoods in St. Louis include Benton Park, Soulard, Franz Park, and North Hampton.
North Hampton has a cost of living score of 93, which is higher than Missouri’s but still manageable.
Saint Louis is one of the best-value cities for real estate investors. The cost of living is 13% lower than the national average, and the cost of housing is 30% lower.
Saint Louis has historic architecture, a buzzing downtown, an exciting food scene, and many parks and entertainment options. Enjoy the perks without the sky-high price tags!
Cities like Kennett, Saint Louis, and Sikeston consistently offer some of the cheapest houses in Missouri.
As of the first quarter of 2025, the state has the fourth-lowest cost of living in the U.S. That means your money stretches further here, especially regarding housing.
You would need an income of around $76,895 to afford a home in St. Louis. Keep in mind that this amount can vary based on down payment, interest rates, and other factors, but it serves as a good ballpark.
Spring and early summer are popular buying seasons. For better deals, shop in the fall. Studies show October brings the lowest seller premium — just 8.8%, compared to 13.1% in May.
Missouri’s cost of living index is 88.0, which is well below the national average. Check out areas like Sikeston for low housing prices, reasonable living expenses, and a range of amenities.
It depends on your goals and situation. Generally, the best time to buy is between October and February.
During these cold months, houses tend to stay on the market around 50 days, longer than the 30 days during the peak buying season. Fewer buyers mean less competition.
Yes, you can! Craigslist.org is a widely used platform with local classifieds in over 450 cities across the globe. It handles job postings, furniture, services, and housing. It might be worth a shot if you want to handle the sale yourself, but beware of fraud.
Sell to a cash homebuyer like FasterHouse. Traditional sales take weeks or months, but cash investors close in as little as seven days.
Real estate investors, especially house flippers, often follow the “70% rule.” They aim to buy properties for no more than 70% of their after-repair value (ARV), minus the expenses of any needed renovations.
In most cases, the person who offers the highest price is your best-paying buyer, and you are most likely to find them through a real estate agent.
Homes sold by owners typically go for less — about $380,000 — compared to $435,000 for agent-assisted sales.
Nope! Listing a home for sale on Zillow is free. However, for rentals, you might consider upgrading to a premium listing for a one-time fee of $39.99 and get extra exposure for up to 90 days.
Zillow is deemed one of the most reliable sites for real estate data, especially for active listings. Its Zestimate tool alone has a median error rate of just 1.83% for homes currently on the market. For off-market homes, the margin of error is a bit higher at 7.01%
The average time on market is 23 days, and this timeline involves properties in excellent condition. If your house needs major repairs or is in poor shape, sell directly to a cash homebuyer like FasterHouse.
In general, yes. But for the best deals, time your purchase for when the market is quiet, usually between December and February. For context, in the U.S., 11,380 existing homes and 1,640 new homes are sold daily during these months.
Search for foreclosed homes, get preapproved for a mortgage, make a competitive offer, and schedule an inspection and appraisal. Don’t forget about earnest money; you will need 1% to 3% of the purchase price to put down.
Missouri has a cost of living index of 88.0, the fourth lowest in the country. Explore places like Kennett, St Louis, and Sikeston for manageable living expenses.
Look for foreclosed properties, work on a mortgage preapproval, make an offer, and complete an inspection and appraisal. You can explore financing options like a 203(k) loan and borrow up to $35,000 above the home’s purchase price for improvements.
Compared to many other states, yes, houses in Missouri are relatively affordable. The average home value statewide is about $262,355; many smaller cities and towns offer even lower prices.
Yes, the city is more affordable than Kansas City. The overall cost of living in Kansas City is 3% higher, with notable differences in utilities, transportation, and healthcare.
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Why have other homeowners like you sold their house to FasterHouse?
