A Simple & Easy Approach To Selling Your Home!
No Repairs | No Agent Commissions | No Closing Costs | No Hassles
How Do I Sell My House In Richmond VA Fast For Cash?
We Offer Cash For Your Richmond House. 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 1, 2, 3.
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?
How long does it take?
Let’s get right to it and answer all your “how it works” questions!
Sell Your House The Easy Way
Hi there, I am Chris, and I am one of the acquisition managers here at “Maxsin Investment Group”. I will be your guide, walking you through the entire process of 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 to you. If you rather talk to a live person feel free to call me at my direct line at (804) 609-3966
3 Steps To A FREE, No Obligations Cash Offer
Step 1: CONTACT US
Just fill in the form beside, and you’re all set! We’ll get the process started for you.
Step 2: GET YOUR OFFER
Once we get your details, we’ll get right to work evaluating your house to form an offer.
Step 3: GET PAID
If you like our offer, simply set a closing date & get your cash at closing
it's Simple, Right?
What We Consider When We Buy Houses
Andrew or Chris, 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?
The Offer:
Our offers are based on the After Repaired Value of your house. This way we can make the highest fair offers for your house where we can walk away with our profits, and you with the cash you need.
Here is a breakdown of how the offer is generated.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
We Determine The After Repairs-Market Value Of Your House
After-Repairs Value (ARV): simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
2
We Calculate The Cost of Repairs
The Cost of Repairs: is how much it would cost the US to renovate the house and make it look spectacular, ready for the market. We obviously strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
3
We Determine Our Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need to be able to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4
We Take Out Our Profits
Our Profits are reasonable. This is a business and without profit we wouldn't be able to buy houses, pay our contractors, and plumbers, etc. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers and we’d be out of business!)
Simply put, it all boils down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).
Here Is An Actual Case Study
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 made 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 its current state for $300K when all the other houses 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’s completely fixed and updated, would sell for $300K, how much would it sell as is?
The Win-Win Principle Of Cash Offers
Imagine for a moment that you have a house in complete disrepair, and therefore you can’t sell it for much, (in fact, you probably wouldn’t even be able to list it as banks will not loan against houses in severe disrepair).
Now, let’s say that the house in its current condition is worth $50K (so the “as-is” value is $50,000), but let’s say that if you were to put $100K into the house, you would be able to sell it for $200K. (Yes this is actually the same house.)
Sadly you either don’t have the funds or the will, time, or energy to deal with contractors, repairs, and all the stress that comes with it.
Cash buyers like us could come in and offer you $80K for your home, which is $30K MORE than the current value of your house. For us, this works because, if your house is worth $50K, but we offer you $80K for your house and we put in $100K making the house worth $200K, means we then spend $180K and we made $200K netting us a profit (let’s ignore all other costs and taxes for the sake of simplicity) of $20K.
You get more than what your house is currently worth, we make our minimum profit, and everyone walks away happy. The fine print here is that this situation doesn’t always occur, but that is why you fill in the form, so we can see what options are available to you so you can still walk away with a win.
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!
“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.
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.
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.