How Do I Sell My House In Virginia Fast For Cash?
We Offer Cash For Your Virginia House Fast. Here’s How…
By eliminating the middle person, (agents, banks, inspectors, etc.) and by simply paying cash we can significantly uncomplicate things. We can truly make buying your house easy as 
You likely have some questions about how it works when we buy houses in cash! Here are the most common ones we get:
How does our 3 step process work?
What do we consider to format your offer?
How do we calculate your cash offer?
Want to see the numbers in action on a house we recently bought?
What are the little details when we buy houses?
What happens next if you Accept our offer?
Let’s get right to it and answer all your “how it works” questions!
Cash For Your House. Here’s How…
Sell Your House The Easy Way
Hi there, I am Courtney, and I am one of the acquisition managers here at “Maxsin Investment Group”. I will be your guide, walking you through the entire process getting your no-obligation-to-accept, all-cash offer started. Don’t worry, it is all free without any cost involved and without any obligation to accept any offer we make you. If you rather talk to a live person feel free to call me at my direct line at (804) 609-3966
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3 Steps To A FREE, No Obligations Cash Offer
CONTACT US
Just fill in the form below, and you’re all set! We’ll get the process started for you.
GET YOUR OFFER
Once we get your details, we’ll get right to work evaluating your house to form an offer.
GET PAID
If you like our offer, simply set a closing date & get your cash at closing
“I am so thankful to you guys for buying my house! I had it listed with a realtor and it was not selling. As soon as I called Andrew, I had an offer the very next day. I felt the offer was very fair and I am so grateful he bought it. I feel like a huge weight is off my shoulders.”
Kathy Rodgers. Richmond, VA. 
GET YOUR FAST OFFER NOW
Told You… Easy As 
Now that you know the steps involved, do you want to break it down?
Selling your home fast for cash in Virginia, we highly recommend you educate yourself before you decide what your best options are.
What We Consider When We Buy Houses
Andrew or Lance, it’s one of them you’ll talk to about your offer. Their goal is to give you the strongest offer possible so we can buy your house. To do that, we need to understand your needs. Like…
How quickly do you want to sell?
Why are you selling?
What’s the condition of the house?
How much do you need for it?
What’s important when you sell?
How We Calculate Your Cash Offer
“So how much am I going to get for my house?” This is usually what everyone is most eager to know. For good reason, you want to get a fair price! So let’s break down how it works when we calculate how much we can pay for your house.
First…
things first: we use a simple formula. There are 4 different parts of the formula and we’ll cover what each parts means and how we calculate them, but lets first take a look at the overall formula
What Does This Mean?
- The After Repair Value (“ARV”), is the price we think we can sell the house for after it’s all fixed up. To find this number, we look at recent sales for similar homes in your neighborhood. Sites like Redfin and Zillow are great resources to look for comparable sales.
- Next is the cost of rehabbing the property (“Repairs”). This is what we estimate it would cost for us to fix it up. We like to do quick, in-and-out rehabs that keep our costs low instead of elaborate jobs – which is how we can pay more than the competition
- After that, we take into consideration the transaction costs (“Trans. Cost”). If we’re going to resell the house, we need to make sure we give ourselves room for the commissions, closing costs, and holding fees to come- which is usually about 10% of the ARV.
- Lastly, we determine our minimum profit (“Min. Profit”). Real estate is how we support and provide for our family and if we aren’t profitable, we wouldn’t get to stay in business so this is something we must factor in. Our minimum profit is dependent on the purchase price of the home. The higher we pay for a home, the more profit we need to make to offset the risks.
Let’s Put This All Together…
So we start with what we can potentially resell the house for (“ARV”), then deduct all of the repair costs, deduct the transaction costs and minus out our profit… what is left is our maximum allowable offer – what we offer you for your house!
Let’s Take An Actual House We Recently Bought And Share With You How It Happened.
Let’s say this is your house in its current condition:
Not bad right? OK it could use a bit of sweet tender loving but not too shabby. It is just outdated…
Now remember, your neighbor with the exact same house as yours? He got a new roof, updated the kitchen and bathrooms, put granite in, new carpets and put in hardwood flooring? Well, this is what his house looks like after he did the changes:
Well, no wonder he sold it for $300K, it is gorgeous! WOW!
In order for us to also be able to sell your house (well, our house after we buy it from you) for $300K, we need to bring your house to the same condition as the house of your neighbor, or better, so that we can also sell it for $300K!
Why?
Because we will not be able to sell the house in this current state for $300K when all the other houses that are currently for sale in your area look as gorgeous as your neighbor’s. Would you as a buyer be interested in buying a house in lesser condition for $300K when a much nicer house sells for the same price? No, of course not!
So an obvious next question you’d ask, would be:
OK, if the house after it is completely fixed and updated would sell for $300K, for how much would it sell as is?
Sell My House In VA For Cash Or Should I List It As Is?
Let’s say you contacted an agent and she/he says, that your house as is, in its current condition is worth $190K. Now you have contacted the most awesome, friendly, amazing house buyers in all of Virginia… (us of course)! If you have not,… you really should!
We would come in, with our contractor and if we can, our agent. (We bring our contractor and our agent to the walkthrough, so that our agent tells our contractor what needs to be fixed (as he/she knows what buyers are currently looking for) and what does not need to be fixed (to save on the cost of repairs)).
Tells us, that we need granite counter tops, because the neighbor across the fence that sold his house for $300K, also has granite, as well as hardwood floors, removing wallpaper, installing new appliances etc.
Our Contractor: Gives us an accurate COR (Cost Of Repairs). See, we know exactly what we will do to the house the second we are done with the walk-through and we have already completed the flip in our imagination and we know exactly what all the numbers will look like.
The more accurate these numbers the more accurate (and the higher) your offer will be! Let’s say our contractor gives us a cost of repairs of $70K.
Now We Are Ready To Make You An Offer!
Here are the numbers:
As-Is Value = $190K
ARV (After Repair Value) = $300K
COR (Cost Of Repairs) = $70K
Our Selling Cost = 10% x $300K = $30K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $70K – $30K – $40K = $160K
Your Offer = $160K
Analyzing The Offer
So, the house is worth $190K as is, meaning if you listed it with an agent you could sell it for $190K. Yet after 6% agent fees and closing costs you would probably get about $174K for it, after it will be on the market for 4? 5? months! And no one can guarantee the house will actually sell.
So now you have to make a decision.
Sell it for a guaranteed sale for $160K in as little as 10-20 days, or a “maybe sale” for $174K hopefully within 4 to 5 months.
~Decisions, decisions..
BUT WAIT!!!
What If The Cost Of Repairs Was $30K Instead Of $70K?
As-Is Value = $190K
ARV (After Repair Value) = $300K
COR (Cost Of Repairs) = $30K
Our Selling Cost = 10% x $300K = $30K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $30K -$30K – $40K = $200K
Yup! That is $10,000.00 MORE than what the house is currently worth, and almost $30K more than what you would get if you had listed it with an agent (remember that you would only get $174K after all listing and agent fees). Again, our offers are based on the numbers, not on how desperate you are to sell.
All The Little Details Of How It Works
We buy houses without agents, so you will NOT pay commissions!
We purchase properties in any condition – no matter what’s wrong with the house, you don’t have to fix anything or even clean it.
We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
We pay cash for houses – this way there are no hassles like working with a bank and doing inspections or appraisals.
We can close on your timetable – no matter how fast or slow you need!
We buy houses “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can Pay more for houses if you are willing to take the money over time.
What Happens Next If We Accept Your Offer?
If You Accept Our Offer
You will be required to sign and return a simple purchase and sell agreement.
Once you return the signed purchase and sell agreement, we will open Escrow immediately. Escrow will then provide you with Escrow and Title paperwork to complete.
Once all parties have received the necessary completed paperwork from you, we will wire the closing funds to Escrow. It only takes us one day to wire the closing funds to Escrow.
Once Escrow receives the closing funds, Title records the sale on the date of your choice. After Title records the sale, Escrow will wire your closing proceeds to your bank account or you can pick up a check at Escrow.
After you confirm your money is in your bank account, we meet you to get the keys.
Cash In Your Hands, Property Off Your Hands. It’s Really That Easy!
How Quickly Can You Get Cash In Your Hand?
This is completely up to you! How quickly do you need to sell your house? We move as fast as you need, or as slowly. We are out to make the deal work for you, so we can be as adaptable as you need. There are two parts to how it works…
How Long To Get An Offer?
We can give you an offer as quickly as 30 minutes after getting your information. The offer will still be contingent on viewing the property but if you need something more certain, we can be out to your house within the same day if you need and make an offer right on the spot. We truly work on your schedule.
How Long To Get Paid?
Again, this is going to be up to you! Are you trying to do a quick close and have your money in 7 days? No problem. Or, maybe you need 60-90 days so you can find a new house and get your arrangements in place before you relocate. It makes no difference to us! We’re adaptive and will line the closing up so it’s convenient for you.
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The Easiest Way To Sell Your House Is To Sell It Directly To Us
That’s because we are local home buyers. We don’t list houses. We don’t sell houses for other people. We only buy them.
We’re a family-owned business and we treat everyone we work with as an extension of our family. Learn more about our family team through our About Us Page!
We take care of all the details and work so you don’t have to. You’ll get our offer and then you can choose the date you want to close. Imagine next week you could be walking away from closing doing your happy dance
Now you know how our process works. Have more Questions? Please Contact Us directly or visit our Frequently Asked Questions page.