Who Buys Houses for Cash in Central Virginia?
We buy houses that need work in Central Virginia. If yours is move-in ready, listing it will usually net you more, and Scott is also a licensed agent.
Get A Cash Offer On Your House
Who buys houses for cash
- Local home buyers like us buy houses as-is, fix them up and resell or rent them. We know the area, see the house in person and close at a local title company.
- Landlords and investors buy houses to rent out. They usually want houses that need little work.
- National "instant offer" companies make offers online, mostly on newer houses in good condition, and often charge a service fee.
- Individual buyers with cash, such as someone downsizing or relocating. They're less common, and they usually want a move-in ready house.
Key terms
- Cash offer: an offer that doesn't depend on the buyer getting a mortgage. No lender means no appraisal or loan approval that can hold up or end the sale.
- As-is: you sell the house in the condition it's in. No repairs, cleaning or staging.
- Proof of funds: a bank statement or letter showing the buyer has the money to close. Any real cash buyer can show you one.
- Closing costs: the title, recording and settlement fees paid to finish the sale. We pay them when you sell to us.
- Title company: the neutral company that checks who owns the house, pays off the mortgage and hands you your money at closing.
How a cash sale with us works
- Tell us about the house. Fill in the form or call (434) 989-0741.
- We talk it through. Scott asks a few questions and sets up a visit.
- You get an all-cash offer, usually within 24 hours.
- You pick the closing date. We close at a local title company in as little as 7 days, or on your schedule.
Questions
Do cash buyers pay less than the market price?
Usually, yes. A cash buyer takes on the repairs, the holding costs and the risk of reselling, so the offer is below what an updated house would sell for. What you save is the repairs, the commission, the closing costs and months of waiting. The Fix-or-Sell calculator shows both sides for your house.
How fast can a cash sale close?
With no lender involved, we can close in as little as 7 days. Most of that time is the title company checking the title. If you need longer, you pick the date.
How do I know a cash buyer is legitimate?
Ask for proof of funds, ask to close at a title company or attorney you can look up, and never pay an upfront fee to get an offer. A real buyer will see the house, put the offer in writing and give you time to read it.
Scott, who runs Blue Mountain, is a licensed real estate agent. If your house would sell for more on the market, he'll tell you.