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How to sell my inherited home for cash in Virginia

Even though at this point you and I are anonymous, I want to communicate my condolences with your loss.

Did you just inherit an unwanted piece of real estate or home in Virginia (or any other state for that matter)?

Sell_My_Inherited_House_Fast_Richmond_BB

Maybe you have had this inherited home

  • a few years ago,
  • wasn’t sure what to do about it,
  • and now the house you inherited is just a vacant house,
  • sitting there as a museum to a deceased loved one
  • until you finally got around to dealing with it.

Unloading a inherited home where you may have grown up, or a relative may have passed away can be emotionally challenging.

  • Not wanting to let go.
  • Giving up a piece of your past.
  • Years, if not decades of memories in that inherited home.

Sell An Inherited Home In Virginia

casketIf you do find yourself needing to sell an inherited home, perhaps I can help make at least that ONE process a little more straightforward and easy to understand.

I can relieve the stress of dealing with this inherited home as the mortgage statements keep coming in, and the other bills pile up.

Selling a inherited home in Virginia can quickly get those

  • pesky mortgage  payments off your hands
  • Free up the equity
  • allow you to pay the taxes, final services, and so forth.

Getting rid of that inherited home allows you to finish settling some debt and take those tax payments off your hands.

Perhaps I can help you to sell your inherited home in Virginia.

As a private and professional home buyer, I meet with families and discuss their options and their situation.

Sometimes I can buy their inherited home.

When I buy inherited homes, there are no real estate agents, no commissions and no open houses.

I can make the sale of your home that you inherited a quick transaction.

I’ve done them in as little as four days, though usually they take about 2-3 weeks to finalize the sale of the estate.

You don’t have to hassle with dozens of people coming through at all hours of the day and night. Nor will you suffer from concerns about not knowing when or if your inherited Virginia home will ever sell.

Call me to see if I will buy your inherited home

I’ll be able to tell you whether your inherited house in Virginia may be something I’m interested in buying, with just a 10 minute phone call

If working with me doesn’t make the most sense for you, I’ll be the first to tell you that.

I will cheerfully point you in another, better direction.

Call me at 804-719-1489 during normal business hours, 9-5 Eastern time.

Or fill out this form to start the conversation to sell your inherited home.

Get an offer

How to sell your house in 10 days

Lots of websites claim that you can sell your house in 10 days.

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 to sell your house that fast?

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The Secret to your 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, your house will need to make them a reasonable 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
  • holding a note for the equity, or
  • lease option your property

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 me to take over the mortgage payments and that gave them a closing in less than 14 days.  After I rehabbed the house, I sold it and paid off the mortgage.

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 804-719-1489 during normal business hours.

The consultation is free and confidential.

Get an offer

Would your house pass FHA Inspection?

Sell your ugly house fast to avoid FHA requirementsWe buy houses fast in Richmond Virginia and anywhere else in the state of Virginia.

In some markets, these will be resold to first time home buyers who often are using FHA or VA loans to secure their house.

One reason people come to us to sell their house fast is that their outdated or will not pass an FHA or VA inspection, or even inspection for a section 8 rental.

While this is not an article focused on such inspections requirements, you have to consider this in your pricing.

How FHA inspections influence your selling price

A seller called me wanting to sell his inherited house fast for a certain price.

A partner went out to look at the house to determine if we could buy this nasty house fast.

The end goal was to buy this house fast, fix it up and resell it to a first time home buyer.  In this current market, that often means an FHA insured loan, or a VA loan.

Going through some of the requirements of such inspections, the partner came up with a list of expected repairs to pass that inspection to a future buyer: $30,000.

The seller was not prepared to see that his house needed $30,000 in repairs.  But many of those repairs would be needed to meet FHA requirements for first time home buyers.

To make a deal work, this seller would have to come off his asking price by $20,000, because of the additional repairs and upgrades required by the needs of an FHA inspection.  He knew this nasty inherited house needed work, but he wasn’t aware of the extent of work needed.

FHA inspection requirements force a price change.  The seller could choose to fix up his own house and sell it for full market value – or simply settle for the lower price and walk away from it.

In this market, FHA and VA will impact the price at which you can sell your house to an investor.

If you want to get rid of your house that has too many repairs, call us during normal business hours, eastern time 804-719-1489.

Who Buys Houses for Cash? We do

We buy houses for cash“Do you buy houses for cash?  How does this work?”

This is a question I get during our free telephone consultation on a regular basis.

A person who wants to sell their house fast for cash searches the internet for phrases like

  • Who Buys Houses?
  • Who Buys Houses for cash?
  • Are those who buy houses for cash scammers?

Who Buys Houses for cash?

We can, no matter where they are in the United States.

We buy houses for cash in our local market in Richmond VA, but through our nationwide network of investors we can help you sell your house for cash in nearly any market.

What is the key to Buying My House for Cash?

The key to us buying your house for cash is price.

We buy houses to make a profit on the risk we take to buy your house for cash.

To make a speedy transaction to sell your house for cash to us, you must price it accordingly.

We buy houses for cash, but do not pay top dollar.

We who buy your house for cash will only pay liquidation prices.

If you want to walk away from your house and it’s problems, we are a solution who buys houses for cash.

Your next step:

Call Chris at 804-719-1489 during normal business hours for your free consultation.

Sell House Fast for Cash in Richmond VA

Do you have a house you need to sell fast in Richmond VA?

It could be there, or anywhere in the country.

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Perhaps you need to sell your house fast for cash because of

  • Divorce
  • Relocation
  • Inheritance
  • Foreclosure
  • Job Loss

These are common problems that can happen to anyone.

What can you do?

Wait for a real estate agent to sell your home?  If there isn’t enough equity to pay their commission, they might not even list it. The alternative if you don’t have much equity is for you to come out of pocket with a check for thousands of dollars just to cover the agent’s commission, closing costs and taxes!

Not to mention the additional monthly payments you will have to make while you wait and hope that your agent finds a buyer.

The national average is 6 months to sell a house!

For most people that is a less than desirable situation.

That is not how to sell your home fast.

We make fast home offers

We are professional home buyers that will help you sell house fast for cash in Richmond Virginia.

Give us a call at 804-719-1489 during normal business hours and see how we can help you sell your house fast for cash.

Or fill out this form, and I’ll call you when I’m in the office.

Get an offer

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  • Get A Fast Cash Offer
  • Stop Being a Landord
  • Avoid Foreclosure
  • Sell My Vacant Rental

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