Hi everyone, this is Alex from Coastal Edge Homebuyers. In today’s video, I wanted to go over some information that would be very helpful for those of you who want to sell a house fast. There could be a number of reasons that may be prompting you to sell your house fast. Maybe it’s an inherited house, maybe there is a foreclosure incoming maybe in 2-3 weeks (there’s an auction) where you may lose the house.
Traditional ways to sell the house they work well, but sometimes when speed is of the essence and ease and convenience of a fast cash offer, nothing beats that than sell it to a Direct Buyer like us, we’re Coastal Edge Homebuyers and we buy houses locally, anywhere in the Hampton Roads area, in any condition, so if your house needs some work and you need to sell it and you have to sell fast, if you try the traditional way – to go through a realtor – that’s a more involved process and it’s actually similar if you sell it For Sale By Owner what does that mean? It means you still have to wait for the house to be sold, you may have to wait months for that to happen. You may find a regular/retail buyer, but then they have to get financing. That may take a while and sometimes, it falls through. I mean it may not happen at all, and you have to look for another buyer. You still have to do multiple showings, you have to oblige by all the information based on an inspection of the house, so it’s a more involved process – you have to do staging, fixes, anything that’s necessary for a loan to be approved so on, and on top of that you may have to pay closing cost assistance which, when the market was really hot in the last several years it was mostly the buyers that had to pay that, but nowadays it’s more of the sellers paying that, which means you as the seller of the house may have to pay closing cost assistance, which can be up to 4 percent and that is on top of the agent fees which could be 6 percent.
If you do it for sale by owner, you can save yourself half of that (the agent commissions), which means you still have to pay 3 percent for the agent representing the buyer of the house, so it’s okay if the math may be a little bit confusing, but long story short is, we often help people in these situations when you want to sell a house faster for cash and sometimes you may think you’re going to do better by going through for sale by owner or through an agent, but by the time and holding costs and paying all these costs that you have to pay – the fees and the agent commissions and the repairs that you need to do to bring the house up to code, you may actually spend more money than it is vs. to sell the house for a little bit less but fast for cash, so depending on what your situation is and your timeline, we may or may not be the best solution for you. Just give us a call, we’ll be happy to get you a fast cash offer on the spot.
We buy houses in any condition, anywhere in the Hampton Roads area – primarily in the 7 Cities, so if you have a house let’s say in Chesapeake, Virginia and you want to sell it fast for cash without a realtor, give us a call. We’ll be happy to go over all of your options and help you choose the best one for you. This is what we do. This is why people come to us all the time. Even if we don’t end up buying the house from you, it’s perfectly fine if you call us. You’re still going to get your offer. You’re going to know where you stand and you’re going to know the Pros and the Cons of each way of selling the house. You’re going to hear it right from the source. Sometimes Google is good with these things, but sometimes not so much. This is one of those situations where we may be doing a little bit of a better job explaining things to you than for you to just Google things. But long story short, if you want to sell a house fast for cash, give us a call to get your free, no obligation offer. We’re Coastal Edge Homebuyers and you can reach us at 757-414-7117.