Has your vacant house been tagged “Condemned” by the City of Richmond? Â That bright orange sticker can bring a homeowner a sense of dread. Â Has this sticker appeared on your property? [Read more…]
The other day, a house seller called me, wanting to “sell their house as is.”
They don’t want to
- fix the floors
- paint the walls
- update the electrical system
- replace the furnace
You may want to sell your house “as is” because there is no time for clean up, high end repairs, or not enough money in your hand to make the repairs.
Maybe you just want to get rid your house for fast cash and sell your house as is.
Sell your house for cash as is
“As is” is just that.
We have bought these types of homes since we have been in business.Â Here are some examples:
- Rotten floor joists from bathroom toilet leak.
- Trees growing through the living room floor.
- Second stories that have collapsed into the first floor.
- One house missing an exterior wall
Now these are extreme rehab examples.
However, we have bought houses as is that are ok, just out of date.
- Outdated but functional kitchen.
- Homeowners association complaints about siding and exterior repairs.
- Former Tenants who destroyed the home.
- EstateÂ clutter.
If we talk about the fast sale of your home, we’d take it as is.
No need to make repairs, no need to fix things up.Â No need to clean out the junk.
You simply sell your house as is to us and we buy it as is.
That is what we do.Â We clean it out.Â We make the repairs.Â You simply get rid of your headache of your as-is house.
Or Call us directly at 804-719-1489 and ask for Chris.
Please use normal business hours, Eastern Time US.
We by as-is houses nationwide in the US.
We 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One reason people come to us to sell their house fast is that their outdated or will not pass an FHA or VA inspection, or even inspection for a section 8 rental.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. Â 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. Â 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. Â 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. Â 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.
“Do you buy houses for cash? Â 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.
We are one of the “We Buy Houses” people in the Richmond VA market.
You’ve probably seen the signs on street corners that simply read, “We Buy Houses” and wondered how does this work?
Let me show you a few of the ways.
We Buy Houses that are Behind on Payments
We can provide you with workable solutions to your financial dilemma.
We are able to work with you and your lending institution to help you avoid a possible foreclosure situation.
We may be able to take the burden of trying to catch up payments off your back, so you can attempt a fresh start in another home you are better able afford.
We cannot lease your house back to you. Â In Virginia, that is now against the law.
We Buy Houses where you’ve been Transferred or Relocating
Job transfers or a relocation should be a good thing and means that congratulations are in order.
However, the relocation part of it can be very stressful.
What can really set you back is now that you found that great new job now you have to worry about selling your house before you move, or paying a mortgage on an empty house after you move.
Seldom is there isn’t enough time to get your house sold before you move and you end up getting stuck making double payments on a house you no longer live in. The last thing you need to be worried about when taking a new position is selling your house.
We can lease your house long term with an option to buy to help you get those payments covered.
We Buy Houses in Richmond VA
If you have a house to sell fast for any situation, contact the professional, experienced Richmond Virginia we buy houses people at Â 804-719-1489.
I answer my own phone.