Rod had the floor of his house eaten out by termites. Due to health issues, he decided to let us worry about how to put the house back together!
Home ownership just isn’t what it was in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. If you’re looking to sell your house, you could be frustrated.
Despite the market trends in Norfolk slowly shifting, it’s still very much a buyer’s market. With so much property available, you could find yourself waiting months or longer to get a fair price on your home.
How To Sell Your House in Norfolk
One option that many homeowners are turning to is selling to a real estate investor to buy your house from you.
In Rod’s case, the repairs needed to correct the damage done by termites was too much for him with his deteriorating health.
Selling your house to an investor is relatively simple.
You provide information about your home and personal situation.
We will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… usually within 7 days if you want to close that fast.
How Fast Can You Sell Your House?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days.
If you need to sell your Norfolk home very quickly, with little hassle, we are a great option.
There usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, we will cover the closing costs.
The Hidden Costs Of Waiting To Sell Your Norfolk House
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
Save yourself possible months of headache, and quickly move on to your new home. You’ll avoid expensive fees, closing costs, and let us purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
Get a fast cash offer on your home!
Give us a call anytime at 757-500-3544!
There is a shortage of opportunities and high desirability of rent-to-own properties for buyers, making rent-to-own agreements offer a lucrative delayed exit strategy allowing real estate investors to squeeze a few extra dimes out of the returns on the property. In addition, the buyer maintains the property as if it were their own, typically up to a given price point, per the terms of your agreement. All while you enjoy an extra income stream during the lease period.
Rent-to-own opportunities afford the buyer a method of attaining the benefits of homeownership before qualifying for a conventional mortgage with a lender or as a way to test drive the house and neighborhood to ensure a fit that lasts a lifetime in the home. Of course, you should always have your contract reviewed by a professional real estate attorney, tax consultant, or trusted counsel experienced in real estate. So read on as we explore how to get your asking price without any waiting in Norfolk VA.
Pricing
you will have to determine what you believe the property value would be at the end of the term, two or three years into the future. While you will be asking far above the current market value, buyers understand you are taking the risk that there is an unexpected boom in housing values, and they might buy at below market value. In the rent-to-own scenario, buyers can exercise their right to purchase the property under the lease terms, and you get the asking price without any of the hassles of listing or any waiting in Norfolk, VA.
Avoiding Listing
Many sellers prefer to avoid listing with an agent or selling independently as an FSBO, which is a process with no guaranteed end date. The stress of a property lingering on the market is overwhelming, and the prep work and any repairs needed are typically costly and the entire process stressful. Yet, they believe it is the only way to sell the property and get their asking price. You can sell your property as-is through rent-to-own, even if it needs a lot of work. Given the law of supply and demand, you are in the driver’s seat at the bargaining table without any waiting in Norfolk by selling rent-to-own.
Rent and Option Premiums
you will receive an upfront option fee or premium without waiting in Chesapeake. Sellers tend to charge a set percentage of the home’s price ranging from 1 to 20 percent of the asking price. Additionally, the buyer will pay an additional amount on top of the current monthly rental rate, known as the rent premium, that will apply towards their downpayment, should they exercise their option to buy. So while most buyers complete the purchase, you will keep the premiums and all rents collected should they decide otherwise or fail to qualify for a mortgage.
We Buy Houses – Quick
We Buy Houses – Quick is ready to buy your home, giving you the asking price via rent-to-own. Talk to one of the local professional home buyers at WeBuyHouses-Quick today. The professional home buyers at WeBuyHouses-Quick never charge commissions or closing costs to sellers, and there is nothing hidden in our contracts. You will have cash in your hands in a matter of days for your property and a guaranteed closing date. At WeBuyHouses-Quick, we are your neighbors who live and work alongside you here in Norfolk, and we want to make a deal you will feel great about long after closing. Ready to learn more about selling your Norfolk home via rent-to-own? At WeBuyHouses-Quick, we are happy to answer your questions without any obligation, so call WeBuyHouses-Quick at 757-500-3544.