About Listings

home rehab in st.louis

Every circumstance is unique

There are no retail properties here. We specialize in purchasing (and listing for other investors to purchase) houses being sold below market value. It is important to organize listings into the right category simply because it is just as important to know WHY someone is selling a property as it is to know how much they want for it. Knowing that answer BEFORE submitting an offer helps to submit it in the best possible light. Each situation is different and must be approached according to that particular need. Divorce, death (probate), disease (health issues), debt relief (foreclosures, short sales), distressed property (needs rehab), downsized (loss of job or job relocation), or simply moving or relocating (time sensitive deadlines), all have to be approached uniquely.

If we list a vacant house, sometimes we know very little about the property and try to give as much info as possible and update it as we learn more. Sometimes we have yet to acquire the square footage (or other info) but we know how many bedrooms and bathrooms it has based on comparable properties. If we are allowed inside a property we will post pictures of kitchens, bathrooms, and bedrooms and provide due diligence. In the very near future we even plan to allow you to upload your own properties (FSBO) to our website. Our goal is to connect buyer’s and seller’s in profitable transactions while expanding our own real estate investing network. We even plan to work with investor friendly buyer’s agents. If you are an agent we want to help you earn money. If you are a seller (FSBO) consider this site another place to list your home and get it sold. If you are a buyer (real estate investor) consider us another pipeline of “AS IS” properties sent straight to your inbox. As our site grows bigger we can be thought of as another alternative to Craigslist (no flagging or ghosted ad’s here) and Backpage (no bumping your ad down the list).

Distressed Property

A distressed property is one where either the owners of the property or the property itself is in a position where it is likely that the property will sell below market value. This can be either financial distress, personal distress, or poor property condition. But even though technically speaking, divorce and probate could fall into the distressed property category, we here at propertycashmoney.com prefer to define a distressed property specifically as a property in POOR CONDITION for the sake or organizing our categories. For example someone can have a house that’s pretty much ‘squeaky clean’ in good condition but they are selling it due to a divorce and want to get it done quickly. Those properties should be listed in the divorce category. But when a property is in poor condition the potential set of buyer’s for the property is greatly reduced. Most new homeowners don’t want to buy a house where they will have to do a lot of work and spend a lot of money even if if they can purchase it below market price. Furthermore the lender they are going through more than likely will not even approve the purchase. If the property is not “move-in” ready (all the major systems in the house are working) most traditional lenders will not lend money to buyers for that property. A distressed property can include anything from paint and carpet (cosmetic) to a full scale renovation. If a property is not retail ready it more than likely falls into the distressed category.


If the house is vacant (even if it appears to be very distressed), we place it in the vacant category. At this point we have no idea what’s going on with the house and why it’s vacant or even who own’s it. Such things can be easily updated on our site as we discover them. Once we get in touch with the owner we can update our system accordingly.


If someone fails to keep up their mortgage payment and the bank threatens to take possession to recoup the price of the loan, the property is under foreclosure. The earlier the foreclosure process the easier to remedy the situation. Even though we are here to make money, we hate to see anyone lose their home. We are here to help you. You have options! But once the “Notice of Default”  (filed by the county recording office) has been sent to you, the foreclosure process has begun. If all else fails and your bank has started the foreclosure proceedings your house can be listed in this category. It’s important for houses under foreclosure to be placed in this category because the purchase price of the home must be able to pay off the entire loan. We need to know the actual loan payoff including any penalties and fees that may have incurred. If our offer isn’t high enough to cover that amount then we’ll refer you to a realtor who can help you.

Short Sale

If you owe more on your loan than your property is worth, and you are having a hard time making your mortgage payments you can consider a short sale. It’s best to try to get qualified for a short sale before putting it on the market to help speed up the process. Once you get permission from your lender you can list it. Foreclosure is expensive so even though the bank loses money on a foreclosure, they may lose less money by allowing you to short sale the property.


When a property is being sold due to the death of one or more owners that can be a difficult time. You have our condolences. We understand that negotiating while mourning can be stressful. We would consider purchasing based on how much the property is worth. If it fits our investment criteria we will make an offer. Any house dealing with the death of one or more owners should be placed in the probate category to keep things organized. You don’t have to ‘fix’ anything in the house before you sell it. We purchase “as-is”.


Most owners going through a divorce usually want the house sold quickly. This category is reserved for such needs pertaining to divorce. In this situation the actual property may or may not even be in bad shape at all. Nevertheless, the circumstances of a divorce can help identify the motivation level of the seller.

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