Hi everyone, this is Alex from Coastal Edge Homebuyers here. Today in this video, I wanted to take some time to go over some questions and answers for you. If you’re one of those people who owns a house, but you need to sell fast and maybe you’re wondering, how do I sell my house fast in Hampton, Virginia? We can help, we’re Coastal Edge Homebuyers, we are local real estate investors, and we buy houses locally, anywhere in the Hampton Roads area. So if you’re wondering, are there really such people that buy houses with cash? The answer is “yes”. We are one of those people. Yes. There are such companies that buy houses with cash. And it’s exactly as it sounds, you sit down at the closing table, you get your cash. Of course, it’s not a suitcase full of money. We don’t do it like in the movies, you’re going to get a check, but you’re getting a lump sum for the whole amount of the house, the agreed-upon amount.
So yes, these people do exist and they’re legit. Now, how do you check on that, how do you research them? Of course, you can do your own research online. You can go to Google, you can go to Facebook, Craigslist sometimes, or see some signs, even the ones on the streets. We see them here in Hampton Roads. So basically there are many companies out there and many of them are reputable. All you need to do is just check on them, make some calls, talk to these folks, see them in person, see how they do their diligence, how do they evaluate your house? Because, there are some that will do a quick offer on the phone. This is not a real offer. They have not seen your house. These are usually companies that are backed up by very large corporations and it may not be the best service you’ll receive, but we don’t do that.
The way we work is, we’re going to actually come out and see the house. We’re going to do due diligence. We’re going to take a look at the house, even if you are out of state and we can not go inside, we have ways to work around that. It’s not a problem. So, the easiness of getting a cash offer is obvious. There is no fees for you to pay. We can even cover your closing costs. We do our diligence. You check on the house inside and out, and we have a fair cash offer on the spot. There’s no need to clean the house. There’s no need to do any repairs whatsoever. And in all that easiness comes with the cash offer. And yes, that is the lowest offer you will get from any other way to sell a house, but it is the fastest, easiest, and you get out with some cash in your pocket within a week or two. There’s nothing else that can be done that can put cash faster in your pocket. And this is exactly what we specialize in.
Now, if you’re willing to wait, even if you don’t have money to fix the house, if you’re willing to wait and give us terms if the house is paid off, that can make it much easier. So, we basically take over the house and over time we pay you the money that is owed on the house. What is the benefit of that? Well, the benefit is you’re going to get more money. The total price will be higher. Now, there’s other creative options we can go over and we’ll be happy if you call us to go over these options with you. But I just wanted you to know that cash offer is the fastest and the easiest, no cleaning, no repairs, quick closing. You can, in fact, pick your own closing date! That’s how convenient and fast this process can be. But on the other hand, yes, it is the lowest offer you’ll get, but it’s the fastest and easiest you can ever do.
Now, there are other ways to sell the house, such as going through a traditional real estate agent, this is what most people do. Why? Because that’s something that’s very popular. Everybody knows about it. There’s a lot of commercials. This is just one of the ways to sell a house. No, you do not have to go through a real estate agent to sell a house. Especially if the house is in distress, it may not be the best way to go, because the real estate agent will want you to fix the house, make it good for showings to people. So, there is a lot of things you have to do, prep work. You have to sign an agreement with the real estate agent, that you’re going to only sell it through them. And it’s usually for several months or so. And guess what? You’re going to pay them a commission. Usually, it’s 6%. That is the usual commission that is paid here in this state (VA). So, I just wanted to let you know that you need to be aware that there’s different pros and cons of each way to sell a house.
But if you want to sell a house quickly, such as in our area in Hampton, Virginia, or anywhere in the Hampton Roads area, you can call us and we can go over all of your options, including the cash option, which is the fastest and easiest. So, when you go to a buyer like our company, we actually can either keep the house as a rental, if you’re wondering what happens to that house afterwards. Well, we can sell it on the market, rehabbed too. Sometimes we keep them as rentals with minimal repairs. It just depends on the current condition of the house. Where is it located, the current state of the market, and several other factors. But the bottom line is, once you sell the house, we solve your problem, your issue, your situation. And what happens next, usually it’s not really is something that most people are concerned with, because you at that point are on your way to redirect your funds in a better-performing asset, whatever that may be, and move on with your life.
So again, I hope this was helpful. If you want to talk more about options, we’ll be happy to help you out, just give us a call. We’re Coastal Edge Homebuyers, and our number is 757-414-7117. Thanks.