If you’ve recently inherited a home, you might be wondering if it’s a good idea to sell it. However, selling an inherited property can be a difficult process. Check out Del Aria Investments & Holdings here! It may be located in a bad area or be far away from your current home. If this sounds like you, there are ways to avoid getting scammed.
Do your homework to avoid buy houses scams
The best way to avoid “We Buy Houses” scams in Fairfax VA is to do your research. These scams generally involve application fees. Honest home buying companies do not charge application fees. Instead, they fix up houses and rent them out or sell them on.
Secondly, do your research to find out how long the company has been around. A company that has been around for a while is more reliable and worthy of your business. Scammers rarely stay in business for long and almost always have a history of bad reviews.
Third, be wary of people who promise you a fast sale. These people may pretend to be foreigners who want to buy your home, or they may act too eager to see it. These scammers may not be real, but their actions should give you pause.
Common real estate contract in Northern Virginia
If you’re buying or selling a home in Northern Virginia, you should know how to read and understand a real estate contract. These documents are essentially agreements between the seller and buyer and contain a large amount of information. Most real estate contracts contain the same basic information, but they can vary slightly, sometimes even by a few paragraphs.
The Virginia Residential Contract of Purchase is the primary legal contract between a buyer and seller. This contract can be amended or modified by both parties and includes provisions common to all real estate contracts. The seller pays up to three percent of the purchase price to the selling agent. If the seller doesn’t want to pay this fee, they can opt for an FSBO transaction, which can offer greater negotiating flexibility.
In Northern VA, house-for-sale prices can be highly competitive. Low inventories and bidding wars create competition, so it’s important to price your house appropriately. Before listing your home, make sure you receive a summary of all offers. It’s easier to review offers when you have a summary of the price and any contingencies, and it also allows you to choose the best offer.
Signs of a reputable company
First of all, you want to deal with a reputable company that has a local presence in your neighborhood. Beware of companies that ask you for an administration fee or advance payment before even looking at your home. This can be a scam, as these people don’t have any intention of buying your home. They simply want your money and will never visit you in person. A reputable company will have an actual office with local agents who can make you a fair cash offer.
As a result, Northern Virginia has one of the highest home prices on the East Coast. According to a recent report from the University of Virginia’s Weldon Cooper Center, home prices in Arlington and Fairfax counties were the highest from 2000 to 2019. Only Martha’s Vineyard and Nantucket had higher median prices.
Then there is the fact that the housing market in Northern Virginia is hotter than ever. Recent buyers say it’s not easy to navigate the current market. Tashina Gorgone, a woman who bought a house from We buy houses Fairfax Va, VA in April, said she was faced with a lot of competition in the local housing market. The open house she attended was filled with people looking to purchase a new home.
Buying a home from a local cash home buyer in Fairfax
If you are thinking of selling your Fairfax VA home, selling to a cash home buyer may be the right option. This option helps you avoid commissions and other expenses that come with listing your home on the MLS. Lastly, a cash home buyer can make you a fast and all-cash offer. These benefits can help you sell your home quickly without having to invest too much time and energy into the process.
First of all, finding the right agent is vital. You should get multiple evaluations from local agents. Ask each of them to give you an idea of what your home is worth and what comparable homes are selling for in the area.
It’s also a good idea to get your home listed on as many websites as possible. If you are selling your home through a real estate agent, he or she should have access to multiple MLSs in the area.
Before choosing a company to buy your house, do some background checks on the company. Make sure the company is reputable and that there are no negative reviews on its website. You should also read their contract carefully and look for any terms that are unclear. If you find that a company is legitimate, you should feel free to proceed with the offer.
Del Aria Investments & Holdings
11166 Fairfax Blvd Suite 500, Fairfax, VA 22030