How Do I Sell My House In VA For Cash?
Our Cash Offers Are Based On The After Repair Value (ARV) Of Your House! (That’s A Good Thing)
How much cash we offer for your house is obviously one of the first things you want to know. Here on this page, we will explain the entire process from start to finish. We will do a quick overview of how we buy houses for cash in VA, then follow it up with a more thorough breakdown of an offer we recently made for a homeowner, just like you!
We Make The House Selling Process Easy & Seamless.
By eliminating bank approvals, home inspections, home repairs, and other inspections, we can drastically simplify and speed up the house-buying process. Simply sell your house to us for the best price. We can buy your home in as little as 7 days. It’s your decision-you choose when we close.
How Do I Sell My House Fast In VA?
Our Home-Buying Process Is Simple As You Can See Below.
Fill Out The Form Below
Once we receive your information, we figure out how much your house would be worth on the current market if it were completely renovated. Once we know what the house is worth fixed up we have a good starting point.
Schedule Your Appointment
During the appointment, we figure out how much it would cost us to fix up your home. We may not need to see your house in-person at first or even at all. We now know how much money we would sell it for, and how much it cost us to sell it. Once we know what the house is worth and how much it will cost to fix we can present you with a fair, cash offer for your home.
Pick A Closing Date
If you like the offer, fantastic, we can close on your schedule. You get the cash; we own the house, and everyone is happy!
“My time is very important to me and with a whole host of other responsibilities I decided to sell my home for cash to Simply Sold. Ben was efficient, explained the process and actually purchased the home himself. I was uneasy at first because you hear a lot of stories but I really couldn’t have asked for a better experience. Such a huge burden has been lifted off of my shoulders. Thank you Ben! I really appreciate everything you did for me.”
V – Fredericksburg, VA 
The Offer:
Our offers are based on the After Repaired Value (ARV) of your house. This way we can make the highest offer possible for your house while paying our expenses and contractors. Here is a breakdown of how the offer is generated.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Expenses]
This Is How We Calculate Our Cash Offers:
1) We Determine The After Repair Value Of Your House
The After-Repair Value (or “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. The reality is most homebuyers want a house they will need to do very little to after moving-in. Your offer is based on the maximum your home would be worth if it was fixed up.
2) We Calculate The Cost of Repairs
The Cost Of Repairs is how much it would cost US to renovate the house and get it ready for the market. We obviously strive to increase the value of the house so we can get as much as possible for it. We have worked hard over the years to establish meaningful relationships with contractors to ensure we get the best pricing possible while maintaining excellent quality. This means a higher offer for you and an acceptable margin for us.
3) We Determine Our Selling Costs
The Selling Costs includes all the costs associated with selling a property. We buy houses in VA from homeowners without you having to pay commissions or closing costs. We, on the other hand, do having closing costs which include transfer taxes, commissions, charges from the title company, etc. You don’t pay for any of this but we have to.
4) We Take Out Our Expenses
Our Expenses are reasonable. This is a business and we have expenses. Vehicles, salaries, this website, etc. Our goal is also to make a profit. We wouldn’t be able to stay in business, buy houses, pay our contractors if we didn’t. Rest assured our profits are fair, and our business prioritizes the highest possible offers (otherwise no one would accept our offers in the first place 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 business expenses(of course).
“Very helpful, professional and pleasant to work with throughout the whole process. Positive experience and would recommend for an easy stress free way to sell your house.” Martha – Warrenton, VA
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, (a potential buyer may not be able to get a mortgage against such a house in severe disrepair). Most banks require the home to not have any plumbing issues, have a working HVAC, no roof leaks, etc..
Now, let’s say that the house in its current condition is worth $250K (so the “as-is” value is $250,000), but let’s say that if you were to put $100K into the house, you would be able to sell it for $400K. (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.
Virginia Cash buyers like us could come in and offer you $280K for your home, which is $30K MORE than the current value of your house. If your house is worth $250K, but we offer you $280K for your house and we put in $100K of renovations and expenses the house is now worth $400K. Let’s ignore all other costs and taxes for the sake of simplicity and call it $20K after everything is said and done.
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.
Get Your Offer Started!
More About Us
Please visit our About Us page to learn more about what we are all about. I think we are quite interesting, but you’ll be the judge 🙂