Selling an Older Home That Has Problems

Old homes are hard to sell, especially ones with visible or extensive damage. Even though St. Louis has seen rising demand in real estate, property owners may still find it difficult to get offers because not many buyers want an old property.

Thankfully, there are alternatives to help you sell an old home fast. One of these options is selling to a cash buyer like us at FasterHouse. In this guide, we’ll discuss the issues of selling an old home and how you can trust us to make the process quicker and easier.

St Louis Missouri

St Louis Missouri

Selling an Older Home That Has Problems

Houses that have been around since 1920 are generally considered old homes. However, by today’s standards, even ones that have been around since 1990 can be categorized as old homes. Due to their age, these properties often have more issues than traditional homes. Here are a few.

  • Structural Issues: These include damaged or cracked foundations and rotting wooden supports.
  • Presence of Lead Paint: Did you know that 21% of houses in Missouri were built before the 1950s? Many of these properties still have paint, increasing the chances of contamination.
  • Code Violations: Many old homes have features that no longer follow modern code regulations.
st louis skyline

st louis skyline

Old Homes Are Expensive to Maintain

The cost of maintaining an old home increases as it ages, especially if problems remain unaddressed. For example, plumbing issues don’t just cause inconvenience. The leaks could cause water damage and even deterioration in structural components. Addressing these issues may require complete overhauls that could cost tens of thousands. As the property owner, you must determine whether the sentimental value is worth it.

Even if you eventually repair the issues, you may be unable to find a buyer because not many prospective homeowners want to purchase an old property. The longer the property stays on the market, the more expenses you’ll have to shoulder.

 

Mold or Termite Damage Is Common

Another common issue in old homes is mold and termite infestations. The St. Louis climate creates an ideal environment for these pests. The older the home is, the higher its tendency to have some form of termite or mold problem. As mold and termites flourish, they introduce more issues to your home, such as rotting wood or a low-quality indoor air environment. These challenges diminish your chances of getting offers and may pose dangers to the occupants.

Sell Old Homes: Sell to a Cash Buyer Like Us

In a traditional real estate sale, you might need to wait 23 days on average before you can begin the closing process. This duration can be longer for old homes.

Take away the hassle of waiting and get cash quickly by selling to cash buyers like us. At FasterHouse, we’ve created a systematic process that allows you to close in as quickly as seven days. That way, you can get your cash quickly and avoid long delays, no matter the condition of your property.

 

We Buy Houses In Any Condition

We Buy Houses In Any Condition

What We Mean by Properties in Any Condition

Our team will provide a fair, fast, and competitive cash offer regardless of the condition of your old home or any attached legal problems. We also buy other types of properties with these issues.

  • Needs Repairs: You won’t have to make expensive repairs just to make the property appeal to buyers. We will send a cash offer no matter the extent of the needed fixes.
  • Renovations Gone Wrong: Instead of trying to redo botched remodels, save yourself from the hassle of selling the property to us.
  • Code Violations: Complying with code regulations is another expensive challenge you might face as a property owner. Selling the home to us helps you avoid this costly process.
  • Trash Filled: There’s no need to clean a garbage-filled home. We will send a reasonable cash offer regardless.
  • Damaged Homes: Whether your property has termite, storm, or fire damage, you can rely on us to proceed with the transaction.
  • Bad Rental Property Tenants: Landlords who no longer want to deal with unruly tenants can sell the rental property to us. You can then use the equity to invest in more lucrative assets.
  • Hoarder Homes: Leave the cleanup to us. We won’t ask you to empty all the accumulated stuff before the sale.
  • Fixer-Uppers: No matter the extent of fixes needed, you can count on us to proceed with the transaction.
  • Dirty or in Bad Shape: We won’t require you to address properties in bad condition.
  • Death Estates: Dealing with the probate, title issues, and property taxes of death estate can be too much hassle for most people. Sell the property to us instead and find peace of mind.
  • Abandoned: Access the trapped equity of an abandoned property by having us buy it.
  • Rundown Homes: Even if your home is in a deteriorated state, you can still count on us to proceed with the transaction.
  • Foundation Cracks: We won’t require you to address structural issues like cracked or sinking foundations before we close the sale.
  • Vacant Land and Houses: Make use of unoccupied property by selling it to us and accessing the equity.
cash buyer of houses

Cash Home Buyer

Testimonials

Over the years, we’ve helped many property sellers to sell my St Louis homes fast and conveniently. Here’s what they have to say about our services.

“Professional help with quick [turnaround]. We were very pleased with the price offered and the quality of service given every step of the way. Highly recommend.”

-Karen Gatti

“Wow! I am very happy and impressed [with] how easy it was to sell our house to FasterHouse. We completed the entire transaction within 30 days, [and the company] offered a fair price and seamless transaction. They took care of absolutely everything. Great Company and Awesome Team. Thank you.”

-Bill Bub

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We Buy Houses in St Louis and St Charles County

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Fasterhouse is a locally owned and operated company that has gained the trust and satisfaction of many St. Louis residents. We’ve shared our story so you can learn how we’re making a difference in the city.

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Sell your home as-is in any condition and close on your timeline. Give us a call at (314) 926-0660 or fill out our form to get started.