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Inherited a Gutted St. Louis Property With Back Taxes, Sold As-Is in 30 Days

I inherited it but I couldn’t afford to rehab it. It was gutted, needed a roof, and every day I held it I was losing money. They gave me a fair offer as-is and we were done in about a month.

– The seller

No rehab, no roof, no rebuild
No more property taxes piling up on a vacant house
Get Your Cash Offer Today

Inherited a House You Can't Afford to Fix

A 1947 home, 3 beds, 1 bath, unfinished basement. The seller inherited it, and inherited a problem. The property had been completely gutted. It needed a new roof. The foundation was sound, but everything above it was scope of work he couldn’t afford. The house sat vacant. Taxes kept coming. The neighborhood made him nervous about vandalism and squatters. He’d called other investors who wanted to “come look at it.” He didn’t want to keep waiting. He told us flat out: he wanted to be done in 30 days or less, and he’d take something close to $20,000 as-is.

Sold Inside 30 Days

He set the timeline. We met it.

No Rehab Quotes to Chase

The team didn’t ask him to get contractor bids or estimate roof cost.

Stopped the Carrying Costs Cold

Every day he held the house, taxes accrued and risk grew. Closing ended that.

Here's What Happened

A gutted inherited property, sold in under 30 days

Why a Traditional Listing Wasn't an Option

A gutted, no-roof, no-utilities house doesn’t list on the MLS in any normal way. Even if a retail buyer showed interest, it would need rehab financing, and the seller wasn’t going to wait 90 days for a deal that might still fall apart. He also wasn’t going to pour money into a property he didn’t want.

Seller story

Finding a Solution That Worked

Chris offered $18,000 as-is, close to his $20,000 target, with full transparency about the condition and the scope. No bait-and-switch, no “we’ll reduce after inspection.” The same number on the contract was the number at closing.

Finding a solution

A Smooth Path Forward

The contract came together the day after the first call. He didn’t have to clean the property out (there was nothing to clean, it was already gutted). He didn’t have to be there for showings. He had a single point of contact.

The decision

Done in About a Month

The sale closed inside his window. The property taxes stopped. The risk of vandalism on a vacant gutted house became someone else’s problem to underwrite. He walked away with cash in hand and one less thing draining his savings.

The outcome

Meet the Seller

An inherited 1947 home, gutted, with back taxes climbing

Property: 1947 home, 3 beds, 1 bath, unfinished basement

Condition: Completely gutted, no roof, no utilities

Occupancy: Vacant, at risk of vandalism and squatters

Target price: Around $20,000 as-is

Goal: Stop the carrying costs and walk away with cash

Timeline: 30 days or less

Priorities: No rehab, no contractor bids, no roof estimates

Dealbreaker: Bait-and-switch pricing or another investor who only wanted to "come look"

The Problem

An inherited 1947 home, gutted and roofless, sitting vacant while back taxes climbed and vandalism risk grew. The seller couldn’t afford the rehab and didn’t want to.

The Solution

A cash offer at $18,000 as-is, close to his target, with no inspection reduction, no contractor bids, and a contract signed the day after the first call.

The Result

Closed in about a month. Taxes stopped, vandalism risk transferred, and the seller walked away with cash and one less drain on his savings.

They gave me a fair offer as-is and we were done in about a month.

– The seller

Your Fresh Start Is Waiting

Inherited a property in St. Louis you can’t afford to fix, gutted, vacant, or condemned? We buy houses as-is, in any condition.
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We buy houses in St. Louis and surrounding areas → Get Your Offer