Let Me Explain How To Sell Your House Fast In Virginia!
As cash house buyers, it is our goal to make sure all your questions are answered and you fully understand how our process works. We want you to move forward with confidence in our ability to get the job done. We share how the offer is formulated as well as what steps you will take to eliminate any delays or road blocks.
3 Steps To Sell Your Home Fast
Complete the form below to get the process started
We contact you to get the details and schedule a tour of your property.
The more we know about the house, the faster the process works.
We make a fair all-cash offer and close quickly.
In most cases we give you a solid offer within 24 hours.
Get Your No-Obligation All Cash Offer Today!
The Offer
Our Offer Is Based On Market Data
We compare your house to houses that recently sold in or near your neighborhood.
How Is The Offer Generated?
After we take a tour of your home, we look at how much homes in the area sold for when totally fixed up. We perform a comparable market analysis (CMA). This is the starting point because it tells us what the ARV (After Repair Value) for your property is, in essence how much your house would sell for fixed up.
Your Offer = After Repair Value – Cost of Repairs – Our Selling Costs – Our Minimum Profit
These 4 components determine your offer
After Repair Value or ARV: This is the market value of your house AFTER we buy it and fix it up.
Cost of Repairs / COR: All cost required to renovate the house AFTER we purchase it from you. These include the cost of material and labor.
Our Selling Costs: Although we buy houses directly from sellers, we have to use an agent to sell the house AFTER we fix it up. The fees involved total about 10% of the sales price and include agent commissions, closing costs, taxes etc…
Our Minimum Profit: As a business, we want to present you with the highest possible offer. We can do this because we are buying many houses and can make a little profit per deal as opposed to making a huge profit on a few deals. Our goal is to make it a WIN-WIN transaction.
Show Me The Money!!
Let’s Say Your Property’s Value In As-Is Condition Is $175K. When listing with an agent, your fees would be 6% commissions and roughly 4% in closing costs, netting you $157,500.00
Now What Happens If We Buy The House?
Start with an ARV of $270K – Minus COR (Cost Of Repairs) $30K – Minus Our Selling Cost $27K – Minus Our Profit $30K
Your Offer Would Be
270K – $30K – $27K – $30K = Net $183K
But Wait, What Is The Total Profit?
I’m Glad You Asked!
Your total profit depends on how much equity you have in the house.
Here’s How Home Equity Is Determined
We Buy Houses For Cash In Any-Condition
Benefits of Selling Your Virginia House To Us
