A seller called me once and wanting to unload his house in a hurry.

He wanted to sell his house fast, but was only willing to cut the price about 10% off the appraisal.

However, several things stood in his way.

• The appraisal was over inflated.
• For the same price, one could find a better neighborhood.
• The appraisal compared houses with AC to this one which didn’t have AC.

The only way to sell this house fast is to cut the price to level that would get a sale.  Even at that price, there are still better neighborhoods in the school district.

Notice this take on housing prices

Source: Homeowners Delusional On Values – More Dangerous Than Banking Crisis? (link broken)

Rob Blake reports on a Zillow survey showing in fast relief just how out of touch the average home owner is when it comes to evaluating their own home’s value.  He takes a spin wondering if that will lead to a real estate freeze, not because of lending requirements, but because no one wants to pay an inflated price.

Zillow’s survey says that half of home owners think their homes are worth the same as they were a year ago. 32 percent believe their home went up in value and 17 percent feel their home decreased in value.

Compare this to the reality that about 75% of all homes lost value since last year…we see just how delusional home owners really are.

There are many times when circumstances conspire against you that will force you into needing to sell the house fast.

Selling your home without unwanted delays can also tax your brain beyond its capabilities.  Managing the paperwork, title companies, inspectors, contractors, and attorneys.  There is a lot of details to manage.

What can you do?

If you are not knowledgeable about how this works, you will have to get a professional homebuyer.  An expert.  

It is only professional home buyers like us that will show you the best options to unload your house.

It is even possible to complete the deal within a month, even if you get mired in a protracted negotiation. So, don’t hesitate in asking an expert to help you sell your house fast.

An example of a fast house sale.

An attorney called us a few weeks ago, saying the heirs wanted their estate to be settled. 

The gor our Cash Offer for Your House in 24 Hours and they accepted it a few days later.

In about 15 days, the deal was closed.

We handled all the paperwork and the seller didn’t even have to pay the real estate closing.

What now?

Get our Cash Offer for Your House in 24 Hours.  If we can make an offer that works for you and us, we’ll handle the disposal of your house fast.

Now just imagine.  How can you unload your house in this current real estate market?  Perhaps you need to avoid foreclosure, perhaps you need to dispose of an inherited property. Maybe it is an ugly house.

Wrong ways to sell your house fast.

You might think that a Realtor is the best way to go.

However, given the condition of the current real estate market, that is likely to be one of the slowest ways to sell your house.  Why?

• Advance prep time necessary to make the house beautiful.
• Open houses that kick you out of the house for a couple of hours.
• Ongoing Lawn Maintenance and cleaning.
• Putting all your stuff away to depersonalize your house.
• Many average time on market is over 100 Days (that is over 3 months).
• Once it’s under contract, typically another 2 months to close, if it does.
• Continued mortgage payments and utility payments for all those months.

Perhaps you think that For Sale By Owner is the best way to sell your house fast.

Consider this:

• Marketing expertise to position your house to generate traffic.
• Qualifying buyers.
• Wasting time showing the house to unqualified buyers.
• Negotiating.
• Expenses of marketing.  Newspaper ads runs hundreds of dollars in major papers.

Is there a fast way to sell a house?

The best way to sell house fast and easy is to approach a company like ours that are in the  business of selling the house quickly.  If you strike a deal with us, you can likely close on the date of your choose and in under 30 days.

You should know that many companies will assist you to sell your property quickly, within a particular time frame.

No matter, wherever in the US your house is located, you might be able to get rid of it quickly.  However, you should try to choose the best company for the task. There are many companies that are based online. So, get on the web and select a company that can assist you.

Some are national brands, like Homevestors or CashOffer.  Yet they do not cover all markets.

Though we are based in Virginia, we have a nationwide network of investors that can help you unload your house.

What now?

To see if you can sell your house fast, Get our Cash Offer for Your House in 24 Hours.

If you want to call simply pick up the phone and call us at 804/719-1489.  With a 10 minute conversation, we might be able to help you sell your property quickly and help you get on with your life.

If you need a quick sale of your home, then we can help.  We are specialty company that can give you a verbal offer on your house and perhaps even give you cash for your house.

The quickest we have done is 7 days from first contact to close of sale.  The owner sold his home for cash to us in under 7 days (it would have been 3 but he was out of town, so we had to mail documents back and forth).

If we buy your house we will not charge you any commissions or fees.  In most cases, we pay for the closing costs.

Do you want cash for your house?  Do you need to sell quickly?  If you want top retail and can wait, we are not the right buyers for you.   However if you need a quick sale and don’t care at what price, we can likely work out the sale of your home.

Give us  a call directly at 804-719-1489, or fill out our form and Get our cash offer in 24 hours.  You can have a contract on your house in under 24 hours for the right price.

From the February 14, 2008 Richmond Times Dispatch:

Richmond joins record drop in home prices

Richmond was one of a record number of U.S. metropolitan areas where home prices fell in the fourth quarter, according to a report just out from the National Association of Realtors.

The report released this morning shows the median sales price for a home in Richmond was $225,700, a decrease of 1.6 percent from $229,400 in the fourth quarter of 2006.

Here is a take on real estate in the Williamsburg area from January 26, 2008  Virginia Gazette.

The Virginia Association of Realtors said home sales statewide fell 15% from 2006 to 2007. While home values continued to grow, by a little over 1%, they grew at a slower rate than they have on average over the last 30 years, more than 6%.

Indeed, during the housing boom of the last few years, the state experienced double-digit growth in home values.

Time on market in Virginia increased from 70 days to 88 days statewide, still below the historical average of 90 days.

Locally, the median price of a home in greater Williamsburg fell from $318,745 in 2006 to $295,000 in 2007 (see box).

Sales were off 12.5%.

However, average days on market hadn’t changed, it was 71 days each year, still up markedly from 56 days in 2004.

Linda Kinsman, executive director the Williamsburg Area Association of Realtors, put things in perspective.
“ Over the last five years the average price of a home here has increased 29 percent,” she said.

Hard times seem to be on the way — VAGazette.com (Link Broken)

Here is a recent update on the "Housing Market" in Richmond.  The Richmond Times Dispatch January 25, 2008

Highlights:

The housing market in central Virginia is not likely to improve until the end of this year, housing experts say.

House sales in Virginia and the Richmond area fell last year — 15 percent for the state and 12 percent for the region — much like they did nationally, according to figures released yesterday by the Realtors’ association.

The median price of a single-family home fell to $217,800 in 2007, down 1.8 percent from 2006. The median is the midpoint, with half the homes selling for more and half for less.

Houses statewide stayed on the market an average of 88 days, up from 70 days in 2006. In the Richmond area, it took an average 58 days to sell a home, up from 46 days in 2006.

Source: Housing outlook unchanged – Richmond, Virginia, Business News and Financial Information – inRich.com

The Washington Post reported that the median price for a house in the United States has declined 4.5%.  Read it at ‘No Real Positive News’ Seen As Home Prices Continue to Fall – washingtonpost.com.

We talk with sellers on a regular basis that want to sell their house fast.

However, a home sellers expectation is sometimes the full price at last year’s market value.

Simply put, that’s not economically feasible for us.

How do we put a price on a house?  It’s simple.  We deal with people who know what they want.  If that price is doable for us, its a fair price.

A house is worth what two people agree its worth when you have to sell your house fast.