These “we buy houses” websites claim that you can sell your house in 10 days and be done with the entire transaction.

Imagine that: call, contract, close, cash in hand in less than 10 days.

Can it be possible in this market?

The Secret to the 10 day house sale.

Let me fill you in on the secret to selling your house in 10 days.

Price or terms.

Before I explain how that works, let me share with you two reasons normal real estate transactions take so long

1.  Price at market level. If you want top market dollar to sell your house fast, you will not sell your house in 10 days.  Those days are over.  Bidding wars for houses are rare.  Your house is like 200 others on the market that people can look at.  It might take 30-120 days for a buyer to even choose your house.

2. Banking delays. If your buyer needs a bank loan, you’ll have to wait 45-60 days in current market conditions for a bank approval.  And sometimes, banks will not loan on a house even if the buyer agrees to a price.  I’ve got second hand stories of banks killing an agreement because they don’t like the price.

To close your transaction quickly, you’ll need to avoid the banks and have a cash buyer.

How to sell your house in 10 days.

Cash home buyers are professionals who either buy houses to fix and resell them, or buy houses to hold them as rentals.

These cash home buyers are looking for returns on their investment, not a home to live in.

For any of these “we buy houses” people to deploy their cash, it’s got to make a good return.

Thus, you as the seller must price your house according to the formulas they need to make a good return.

If everyone around you is asking for $100,000, and you will sell your house for $60,000, you’ll sell your house in 10 days, depending on the condition of the property.  By the time the house is fixed up and resold, the investor may only make 10-15% return after expenses.

If everyone around you asks for $100,000 and you will sell for $90,000, you’ll not sell your house in 10 days to anyone in this industry for cash.

Terms

If you will be flexible and allow for terms such as taking over payments or holding a note for the equity, you can get a much higher price and close your transaction in 10 days or less.

The seller of one house I dealt with was willing to wait 5 years for her funds – she got an above market price in less than 10 days because she offered terms.

Another house seller let my buyer to take over the mortgage payments and that gave her a closing in less than 14 days.

To Sell Your House in 10 days

If you want to sell your house in 10 days or less, these are some of the criteria you’ll have to consider to help make it work.

If you are not sure and want to talk with a professional, you can give me a call at 804-915-9475 during normal business hours.  The consultation is free and confidential.

Or fill out this form to start a conversation by email.

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©2012 Chris Buys Houses Fast in VA. All Rights Reserved.

Do you want to sell your house in Virginia?

Who in this market doesn’t want to sell a house?

That may be the question.

If you want to sell a house in Virginia, you have a variety of options available to you.

You can chose a realtor to represent you and hope for the best.  Last I read, in the Richmond market, it’ll take over 8 months to clear the current inventory of houses available for sale.

As of October 2009, average days on market was running between 2-3 months.

So how can you sell your house in Virginia more quickly?

Consider a professional house buying company in Virginia.

We will help you sell your Virginia house quickly, or come up with a some other possible solutions to help you get rid of your house.

If you are not in a hurry to sell your house we may not be the right solution for you.

• We buy houses when the need to sell now is now.
• We buy houses when the situation has turned ugly.
• We have ways to buy houses when you owe more than it is worth.
• We buy houses when they need 40K in repair.
• We buy houses when they are not ugly.

If you’d like to sell your house fast in Virginia, feel free to give us a call at 804/915-9475 or use the contact form on the right.

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©2012 Chris Buys Houses Fast in VA. All Rights Reserved.

To ease the pain and help you get on with life, we can help you sell your house quick and get on with life.

You will be relieved that we can buy your house quickly.

It helps us if you and your spouse still communicate.

We find that having to work through your divorce attorney simply gets in the way.

We can still work through your divorce lawyer, but it’s simply easier if you and your spouse (or ex spouse, or soon to be ex) can cooperate long enough without having to work through your divorce attorneys.

Let’s take the burden of your house off your hands in a divorce!

You can Get offers from us in 24 hours.

©2012 Chris Buys Houses Fast in VA. All Rights Reserved.