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What Does it Mean to Have a Distressed Property in Kansas City?

Brookside Home Sold Fast
House we recently purchased in Brookside.

Distressed property may be a property that is either in an advanced state of disrepair, which is obvious, and may also have landscaping that has grown wild and is potentially damaging structures or the foundation or facing an impending foreclosure procedure. Although listing and selling your home is a complicated and stressful process during the best of times, these problems become exacerbated by the pressures of time or financial stress. Should you have a distressed property in Kansas City, read on to learn what it may mean to you.

Time Marches On

If you have a distressed property in Kansas City with more significant problems with the house than you can handle, physically or financially ultimately, the longer you wait, the more expensive and extensive the repairs are becoming by the day. Every time it rains and that roof leads or the water comes in through the foundation wall, more damage is being caused.

Then when you finally get around to trying to fix it, the costs are much higher. Or if you go to list it for sale, the extensive damage makes it really hard to sell. Today’s buyers are seeking move-in ready houses because they don’t want to take on your problems and in most cases, if the home has major issues, their lenders will not let them take on your problems.

So what can you do, especially when you don’t have the skills or the money needed to make the repair? That’s where we come in. The Tuckers here at kcmoHomeBuyer will make you an offer with a guaranteed closing date within days or set to the day that’s convenient for you. Taking the hassle out of the whole process.

Using a Real Estate Agent

Now, most real estate agents will tell you that the traditional marketplace and listing process aren’t always suitable for a distressed property in Kansas City. And in most cases, with most Realtors this is true.

When you have a distressed property that’s getting worse by the day, you are probably not going to be in the best of positions for bargaining with Realtors and their buyers. And if you’re working under time constraints or have serious concerns about passing the inevitable inspection, you’re likely aware the offers you get, if any, will be far less than fair.

Then to add expenses to all those needed repairs, you will have real estate commissions, fees, and closing costs eating away at any remaining profits.

On the other hand, a direct buyer like the Tuckers here at kcmoHomeBuyer doesn’t charge commissions when we buy your houses. We make an all-cash offer closing on the day of your choice – that’s our fast option. But because we are also Realtors and not your traditional “the house must be perfect” Realtors, if you have a little time, we can list your house and market it as is to our EXTENSIVE cash buyer list. We have people begging us for fixer-upper properties all over the metro. So if you don’t need the property closed in a week or two and have a couple of months to work with, consider listing with us at our sister company – Realty Resource. Yes, you will have a commission and closing costs, but in most cases, you still make more money.

Listing Your Property Yourself

Much like listing with a real estate agent when you have a distressed property in Kansas City, you’ll face all of the same expenditures, less the commissions. Your emotional and financial investment in the home can make negotiations difficult, especially when the offer is insultingly low.

Here we can lay out our highly educated estimate of what your home would earn through the listing it through our brokerage and the expenses you would pay vs. accepting our cash offer, which comes with no out-of-pocket costs and is the amount you’ll receive at the closing.

So if you have a distressed property, you need to sell and you want a couple of options, give us a call. Let us know you want both a cash offer and a listing proposal. We can discuss the differences in price and time and effort and you can make a choice.

You can sell your house as-is to us as a direct buyer or through us to one of our own cash buyers. Either way, we are all looking for distressed property in Kansas City and across the metro. We don’t hide any details about the amount of our offer, which we think you’ll agree is fair. 

kcmoHomeBuyer

At kcmoHomeBuyer, there are no pressured sales; we are upfront about everything because we want you to make an educated decision based on the numbers and the problems you face.

By working with a direct buyer like those at kcmoHomeBuyer, you can avoid the commissions and closing costs, making repairs, and all of the other typical out-of-pocket expenses and hassles of listing your home. Our sister Company Realty Resource offers a no hassle “as-is” listing. We will stop, take the time to listen carefully to you, understand your concerns, and answer your questions thoroughly, with no obligation whatsoever. We do this because at kcmoHomeBuyer, we want you to be certain that you made the best choice out of all options available for your situation. Contact kcmoHomeBuyer today at (816) 408-3600 to learn more!

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NOT PENALIZED FOR NOT GETTING EVERYTHING CLEANED OUT OF THE HOUSE

I liked the fact that I wasn’t penalized or felt pressure for not getting everything cleaned out of the house. There was over 40 years and three families’ worth of treasure stored in the house, making me feel that the challenge of cleaning it was going to be impossible. I did what I could and you never hesitated in telling me that it’s ok to leave the rest behind.

Jim in Belton Jim in Belton
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