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November 25, 2022

Sell Your Washington DC House for Cash in 4 Easy Steps!

Are you interested in selling your Washington DC house? If so, you have a number of different options to get your property sold. You can list your house for sale with a realtor, sell it on your own or work with a cash home buying company like 4 Brothers Buy Houses. While there are benefits to each method, more people are choosing to sell their houses for cash. 

With a cash sale, you can sell your house quickly and move out in just weeks! It’s also a ‘clean’ sale, meaning that the transaction is between you and the buyers. There are no middlemen, like banks, lenders, appraisers or inspectors, which means you can negotiate directly with the buyer. 

We’ll show you how easy it is to sell your Washington DC house for cash! Follow these steps and you can be walking away with money in your pocket in just a few short weeks! 

Step 1: Get in Contact with Cash Home Buyers 

The first step is to get in contact with a home buying company. We recommend choosing a local company that is familiar with your market. They’ll be able to schedule a time to come out, look at your house and make a fair offer. In the meantime, you can tell them some information about your property, such as its condition, location and your reason for selling. 

Step 2: Schedule a Walkthrough 

4 Brothers Buy Houses does a quick 5-minute walkthrough. This is not a showing, so you don’t have to worry about straightening up or cleaning. We just want to see what we’ll be buying, the type of work that needs to be done and the unique advantages of your property. This is how you also get the most money for your house, as pictures typically don’t do homes justice.

Step 3: Receive Your No-Obligation Cash Offer 

Once the cash buyers have a chance to look at your property, they can make you a firm offer. Some companies will give you a preliminary offer and then make it firm once they see the property. Others do everything at once. When you receive the offer, you’ll have time to make a decision. We always tell sellers to weigh all the costs of selling their home the traditional way and compare this to the cash offer. In many cases, the cash offer is better! 

Step 4: Schedule Closing 

Another benefit in choosing a local home buying company is that you get to close at a local title company. Nowadays, many people are able to close at home by signing documents online. But it’s nice to know that the closing will take place in about two weeks or so at a local title company – and you can attend if you would like. 

If you’re ready to sell your Washington DC house for cash, the first step is to contact 4 Brothers Buy Houses. Our experienced cash buyers will offer top dollar for your property, and we’ll make the process seamless and stress free. Get your free, no obligation cash offer today and see what we’ll pay for your house! 

November 15, 2022

Could Washington D.C. Be on the Brink of Another Housing Market Crash?

The housing market is looking very different today than it did a few months ago. Earlier in the spring, Washington D.C.’s housing market was ‘supercharged.’ Housing inventory was low and interest rates were competitive, hovering between 3 and 4 percent during the months of March and April. Fast forward to November, and the current interest rates in D.C. are 7.3 percent for a 30-year fixed and 6.47 percent for a 15-year fixed.

With the market changing quickly, some experts predict a housing market crash that’s worse than 2008! Could this be possible, or is this just unnecessary hype? Let’s explore the facts we have now and your options for selling if you need to sell fast in D.C.

Could We Be on the Brink of Another Housing Market Crash? 

In a matter of months, the pandemic housing boom has turned into a bust. Some reports even show that home prices are falling faster than they did during the start of the 2008 financial crisis. According to an article in Seeking Alpha, here are some of the things we know today:

  • The number of privately-owned housing units under construction is at an all-time high of 1.7 million. However, the prices on these homes continue to decrease. Prices are falling as much as 4 percent in some areas!

  • With so many houses being built, experts wonder who is going to buy all of these properties at a 7.3 percent interest rate. With the current prices, these properties are already out of reach, which means they need another price cut.

  • Housing demand is much less than what it was, and the supply of homes is about to soar. Real-time housing prices are falling faster than in 2008.

  • One of the best indicators of future sales is the number of mortgage applications coming in, and even these are down 42 percent from last year.

  • Experts say the Feds waited too long to hike rates during the housing boom and now need to lower home prices, especially with over 1 million new properties about to hit the market. This exceeds 2006 numbers.

Knowing all of this information and looking back to the 2008 housing market crash, it’s possible that another crash is in our future. However, it’s hard to say what it will look like and how it will compare to 2008.

I Need to Sell My House in Washington D.C. What Should I Do? 

If you have a property to sell in D.C., you’re probably wondering what options you have. You can always try to sell your home with a realtor and see what happens. You might get several offers, or you might get none. It all depends on where your home is located, its condition, its price and other factors.

If your property needs some TLC, you’ll either have to invest the money to fix it up or sell it as-is. With new properties coming onto the market and increasing interest rates, most buyers aren’t looking for a fixer upper. For the money they’re going to pay, they want something new and nice.

4 Brothers Buy Houses is a Washington D.C. home buying company. We offer many benefits to the home selling process, including:

  • We’ll buy your house as-is. Don’t worry about having to make improvements, repairs, updates, etc. We’ll take your house in the exact condition it’s in. Save this money for your new home/rental!

  • We’ll offer you a fair price. We want the deal to work in both our favors. That’s why we will present you with a fair cash offer that you get to keep, as there are ZERO commissions or fees.

  • We’ll close in two weeks. Because our buyers pay in cash, there are no banks to wait on. We can typically close in about two weeks, and we pick up most closing costs.

If you have a property to sell and you don’t want to wait for the market to change in your favor, consider selling it for cash! Get in touch with 4 Brothers Buy Houses to see what we’ll pay for your house. Selling today can help you avoid the potential crash and get more for your property!

November 5, 2022

Can I Sell a Fire-Damaged House in Woodbridge VA?

House fires are more common than people often realize. According to the National Fire Protection Association (NFPA), an average of 358,000 homes experience a structural fire each year. These fires not only take away people’s homes and belongings but also their lives. More than 3,000 Americans die in fires each year, and at least one child dies every day from fires inside the home. 

If you recently suffered a house fire, or you’re in possession of a property that did, the most important thing is that you and your family are safe. But now comes some important questions. What do you plan to do with the property? Do you plan to fix it up and live in it? Or do you feel most comfortable selling the property and moving on? 

For many people who suffer a house fire, they feel it’s best to close the chapter on their fire-damaged home. There might be too many bad memories associated with the house, or they might not care to invest money into costly repairs. Fortunately, selling your Woodbridge VA house with fire damage could be the best option! 

Is it Possible to Sell a Fire-Damaged Home in Woodbridge? 

When selling a property that has fire damage, you have two main options: You can sell the house as-is or make the repairs. Selling is the easiest option in most cases. You don’t have to hire contractors, manage the construction process or live through it. However, expect to get a smaller offer than if your property was repaired. 

If you want full price for your home, you’ll need to make the repairs. Most buyers are overwhelmed by the thought of rehabbing a home, and fire damage can scare people away. If you plan to go this route, be aware that you’ll have to hire contractors to do a full renovation. You can’t just pick and choose small projects and expect the house to sell at full price. 

Bottom line: Yes, it is possible to sell a fire-damaged property in Woodbridge. However, expect to take a big cut or make the repairs on your own. 

Have a Woodbridge House with Fire Damage? Sell it to Our Cash Buyers! 

4 Brothers Buy Houses is a home buying company that buys properties in Woodbridge VA. We take properties in ANY condition – fire damage doesn’t scare us! In fact, we’ll likely offer more than other buyers because we already have a team of contractors to do the work. 

To get a free cash offer for your fire-damaged house in Woodbridge, contact the cash buyers from 4 Brothers Buy Houses. Our home buying services cost nothing – there are no fees or commissions – and we pick up most closing costs!