OUR SIMPLE PROCESS TO SELL
How Can I Sell My House Fast In Richmond?
How fast a sale closes mostly depends on whether the buyer pays cash for your house. A financed buyer has to get through an appraisal and underwriting on the lender’s timeline. For a listed Richmond house, that adds another 30 to 60 days once it’s under contract. When you sell your house to us in Richmond, VA, we pay with our own cash, so most closings wrap up in 21 to 24 days. Our fastest ever was 15 days from the first call to cash in your account. That difference matters most when you need to sell fast because a mortgage payment is coming due or you’ve already signed a lease somewhere else.
Call About Your House
Call (804) 609-3966 and tell us what’s going on with your Richmond house, who’s living there right now, and how fast you’d like to sell it.
Get A Written Cash Offer
Someone from our team will walk through your Richmond house with you, and you’ll have a firm cash offer fast, with no obligation to sell once it’s in your hands.
Close And Get Paid In Cash
You pick the day you sell, and a licensed Virginia closing agent records the deed, pays off your loan, and wires the rest of your cash to your account.
Wondering how we compare to the online offer sites? They usually price your house from photos, tax records, and a formula built on national data, often before anyone has seen it in person. Then an inspector comes out, and a service fee plus a list of repair credits can shrink the cash you were first shown. Maxsin Investment Group starts with a visit instead. Someone on our team walks through your Richmond house, and then we put a price in writing. We buy houses fast, and when you sell to us, the cash offer we hand you is the one we close on.
Sell Your House The Easy Way
Hi there, I am Andrea, 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 to you. If you would rather talk to a live person, feel free to call me at my direct line at (757) 744-9681 or our company line at (804) 609-3966.
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 part means and how we calculate them, but let’s first take a look at the overall formula
The formula we use to make your offer: [ARV] – [Repairs] – [Trans. Costs] – [Min. Profit] = $$ YOUR OFFER $$
What does this mean?
1
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.
2
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
3
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.
4
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.
Before
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…
After
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:
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!
Well, no wonder he sold it for $300K, it is gorgeous! WOW!
All The Little Details Of How It Works
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We buy houses without agents, so you will NOT pay commissions!
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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.
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We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
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We pay cash for houses – this way, there are no hassles like working with a bank and doing inspections or appraisals.
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We can close on your timetable – no matter how fast or slow you need!
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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.
The Easiest Way To Sell Your House Is To Sell It Directly To Us
That’s because we are local house 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.
