Indeed, local house sellers are still getting cash for houses in Newport News Virginia even in this real estate market, even if the house needs considerable amount of work. A while back, selling a Newport News house for cash was quite easy and fun too.
All you had to do was hang a “For Sale” sign on your front yard and wait for the potential buyers to call you and sometimes you’d get 5 above asking price offers before supper time.
However, in today’s tough economy, coupled with an unstable (but stabilizing and hot) housing market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling houses fast in some parts of our local market.
All around the country, more and more homeowners are seeking to sell their homes fast thus creating stiff competition in the market.
However, if you are trying to figure out how you can get cash for houses in Newport News Virginia, then you shouldn’t lose hope, especially if you know what you can and can’t control; there is a lot that you can control.
Here are some tips that can help you sell your Newport News Virginia house for cash in the quickest time possible…
Getting Cash For Houses in The Newport News Virginia Area
There are a few good options when you’re selling your Newport News Virginia house for cash in today’s market… and I’ll walk you through some options in this article. Hopefully by the time you get to the bottom of this article you’ll have a pretty darn clear picture for the options you can go after, to sell your house fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months.
Do not be carried away with emotions
When you are trying to sell your Newport News house fast, you must begin by taking complete charge of your emotions, yes, that’s correct. When your life and money, or both, are tied up in the house, it is quite easy to give in to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to this task.
Know your competition here in Newport News and your neighborhood
While trying to sell their Virginia houses fast, most homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some house sellers can wait months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately. If you are the latter, you may need to familiarize yourself with the reality of prices today. The common retail prices for house you see for sale close by a a good place to start.
So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell. If you can’t wait long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your house quickly? Moreover, your perceived value of the house may not reflect the actual value depending on its current physical condition.
As such, potential buyers will be doing a good research in order to find the best house that suits their budget & needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively. If not, you may see your house sitting on the market for a while, when many others are selling quickly!
Objectively assess your situation and property
It is important that you establish whether your house can compete effectively with what other sellers are offering. If it can’t, then find out if you can make a some repairs to make it competitive in the marketplace. You’d be surprised to realize that you can’t just say “well, a new kitchen is $15,000, so my house should only be $15,000 lower if it needs a new kitchen”. In reality, a house rehabber will offer lower price than what you expect, to account for their time, risk, and efforts, so their offer will be more than $15,000 less. If you can and are willing to renovate, you need to create a budget and timeline before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).
However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at Coastal Edge Homebuyers. We buy Newport News houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all, or any cleaning of the house.
Give us a call at +1 (757) 414-7117 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.
Get the pricing right
Most local Newport News Virginia home sellers fail to sell their houses fast because they are asking for too much. Remember, just because you think the house should be worth XX dollars because you saw some prices online that does not mean YOURS will be worth that. You cannot see everything through the lens of an investor, and that’s OK. Just talk to him/her and cooperate to show them the house inside and out and ask many questions!
Be sure to talk with an experienced real estate agent in order to give your house the right valuation so you know what you may be able to sell it for if you list it with an agent. If you can wait the 3-6 months to sell to a full priced buyer… awesome! Price it high and see what you can get for it!
If you have to sell your house fast… you’ll need to price your house more attractively and be willing to negotiate on price.
There are several reasons why you may want to get cash for houses in Newport News. It could be due to a pending foreclosure, a recent divorce, or death in the family, need to downsize to save money, or just time to sell off one or several properties to sponsor your retirement. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.
Want to learn more quick home selling tips? Click here. Better still, call us today at +1 (757) 414-7117 for amazing cash for houses deals in Newport News. 🙂
We here at [company] offer cash for houses in Newport News. We’re local buyers helping local people sell their house quickly with no hassle and zero fees.
We either hold these houses ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.
If your Newport News Virginia house qualifies, we can you make a quick and fair cash offer.