Our latest articles
May 28, 2021
Holding Onto a Vacant Property in Manassas? Here’s What You Need to Know.
There are many reasons why a home sits vacant. Time in between renters, a major life event or a slow market are just some of the reasons why some homes become vacant. It’s easy for these properties to be forgotten – out of sight, out of mind. However, forgetting about a vacant home can quickly become a problem, and an expensive one at that.
If you have a vacant property in Manassas VA, it’s time to decide what you plan to do with the property. 2021 is a seller’s market so it’s very likely that you’ll get the most for your money if you sell right now.
What are the Risks of Keeping a Vacant Home in Manassas?
Every day a home is left empty is another day of increased risks. Even in good neighborhoods, people will seek out empty homes. Here are some of the risks of keeping a vacant home in Manassas:
- Theft and vandalism. Vacant homes are more likely to attract criminals and thieves. If you have stuff inside the home, you’ll especially want to be careful.
- Trespassing. An easy target for trespassers, vacant homes provide a place to hang out, party and conduct illegal activities.
- Squatters. Squatters also pose a risk to an empty home. And, believe it or not, squatters have rights in Virginia so it might not be easy to get them out.
- System failures. What happens when a pipe bursts or the fuse box starts a small fire? All of this damage comes at a cost you’ll have to pay for.
- Neglecting maintenance. When you’re not living in the home, the “little things” go unnoticed and can spiral into bigger and more expensive problems.
What Should I Do with My Empty House in Manassas?
If you have a vacant home that’s just sitting there, it might be in your best interest to sell. It’s a seller’s market right now so you can get top dollar for your Manassas home! This is far better than waiting for trespassers, criminals or squatters to damage the property. And it’s much better than hearing from a neighbor that your home is flooded or needs some type of attention.
4 Brothers Buy Houses can provide you with a free, no obligation quote in just one day. If you like what you see, we can close in about seven days. Not only will you get money in your pocket, but also you can avoid the expenses associated with taking care of the home or having to list it for sale.
To get your fast and free cash offer, contact our cash home buyers in Manassas today!
May 25, 2021
What is the Cheapest Way to Sell a Home in Fairfax County VA?
It’s not cheap to sell a home. At first glance, it might seem like all you have to do is tidy up the home, list it for sale and wait for someone to make an offer. But things are a lot more complex – and costly – than this. Some expenses may be negotiable but others will land solely on you, the seller.
Fortunately, there is a cheaper way to sell your home, especially if it requires a lot of repairs and updates to make it desirable to buyers. Selling your home for cash in Fairfax County Virginia is the fastest and least expensive option for selling a home. Let’s learn more about why this is the case and the expenses you can avoid.
How Much Does it Cost to Sell a Home in Fairfax County?
Typically, the biggest fee sellers pay is the realtor fee, which is between 5 and 6 percent here in Virginia. For a $250,000 home, you could be paying as much as $15,000 in realtor fees which is split between the seller’s real estate agent and the buyer’s agent. Roughly 77 percent of sellers pick up this cost, according to the National Association of Realtors (NAR).
Other costs associated with selling a home are:
- Home repairs. Most sellers end up having to make minor cosmetic improvements like new flooring or paint.
- Inspection. If the inspection turns up problems, the buyers can request that you fix them or offer a credit.
- Home staging. The NAR found that 28 percent of sellers staged their homes before listing. Some tactics you can do yourself, but others you’ll need to pay for.
- Closing costs. Even though closing costs are often the buyer’s responsibility, don’t be surprised if you end up having to pay some association fees, property taxes, attorney fees, transfer taxes and title insurance.
- Additional fees. Other costs you may incur include escrow fees, brokerage fees and courier fees.
Why Selling for Cash is the Cheapest Option
When you sell your home for cash in Fairfax County, you work directly with the buyers. There are no banks involved, granting you the freedom to skip over inspections, appraisals and long wait times. Believe it or not, 4 Brothers Buy Houses can typically close in about one week. Imagine how close you are to being done with your mortgage, taxes, utilities and HOA fees!
Here are the costs you can eliminate from a cash sale:
- Pre-sale home inspection
- Appraisal
- Closing costs – we typically pick these up for our sellers
- Showings – when people are in your home, you have to leave which means driving around, eating out for dinner, etc.
- Repairs or updates
- Realtor commissions
- Negotiations with buyers
If you’re interested in selling your home fast in Fairfax County, contact 4 Brothers Buy Houses. We can give you a fair, no obligation cash offer in a matter of minutes.
May 4, 2021
10 Benefits of Accepting a Cash Offer on Your Montgomery Village Home
If you’re like most sellers, you’re probably not looking forward to all of the work that goes into selling a home. From the cleaning to the staging to making repairs and upgrades, the laundry list of things to do is exhausting. Fortunately, there is a better way to go through this process – sell your home to a Maryland cash buyer.
Here are 10 benefits of accepting a cash offer on your home in Montgomery Village MD.
1. Fast Closing
Perhaps the greatest benefit to selling your home for cash is that you can close right away. Because the buyer is using their own cash, they don’t have to wait for financing to be approved. With a traditional sale, you’re responsible for the mortgage, taxes, utilities and HOA fees until your home is sold.
2. Save on Repairs
Cash buyers purchase homes as-is. You don’t have to invest a dime into your home, which is especially beneficial if you inherited a home, own a distressed property or are in foreclosure. Use your money for your next adventure.
3. Avoid Realtor Fees
There are NO fees or commissions to work with a home buying company in Montgomery Village. The buyer is purchasing your home – NOT looking for someone to buy it. Real estate agents, on the other hand, charge about 6 percent.
4. No Appraisal
In most traditional mortgages, the buyer works with a mortgage lender. Lenders require appraisals because they don’t want to pay more for a house than it’s worth. In a cash sale, the buyer is using their own money so there is no need for an appraisal.
5. No Inspection
Another formality you can eliminate is the inspection. Cash buyers expect homes to have flaws so they don’t need an inspection to point them out. Traditional buyers, on the other hand, will expect issues that turn up to be addressed.
6. Less Risk
Cash offers tend to be stronger than offers that use bank financing. The banks go through a lot of steps to ensure their investment is safe, but this also means they can back out at any time. Cash offers are pretty much guaranteed so you’ll close faster and get paid sooner.
7. Skip the Showings
Don’t want strangers walking around your home at all hours of the day? No problem! In a cash sale, you don’t have to do any showings. This is a huge perk for those who have kids, pets or busy schedules.
8. Avoid Negotiations
Even in a seller’s market, there are almost always negotiations. The buyers might want a problem fixed or a credit to replace your flooring. If you don’t want to go back and forth at the negotiation table, you’ll appreciate that cash buyers give firm offers.
9. Less Paperwork
A reputable cash buyer in Montgomery Village will handle most of the paperwork for you. There’s far less paperwork involved in these sales because there are no middlemen – the transaction is between you and the buyer.
10. Reduce Stress
Cash sales are straightforward. Once you accept the offer, the closing paperwork starts right away. You can move quickly and keep money in your pocket. If you’re facing a difficult time, a cash buyer will eliminate your real estate hurdles.
Ready to see what you can sell your home for? Request your free cash offer from 4 Brothers Buy Houses. All cash offers are firm, free and no obligation!
