Question 1

Should I sell a house during the coronavirus pandemic?

Accepted Answer

Now is a great time to sell your home in Richmond. While demand slowed for a period of time, the lack of overall inventory can put you in a good position to sell. However, if your home requires a lot of repairs, has a unique layout, or isn’t located in a highly desirable location, it will be much more difficult to sell your home through traditional methods.  With everything going on, we’re seeing that home buyers are less eager to take big risks on homes that need a lot of work or require cash repairs upfront. That’s where we come in. We provide fair cash offers for homes in any condition!

Question 2

What’s the coronavirus impact on the housing market in Richmond?

Accepted Answer

While things are changing from week-to-week, stock market swings, high unemployment, and lockdowns are having an impact on our economy. As a result, we’re seeing some uncertainty in the housing market. While nice homes in desirable neighborhoods are being snatched up quickly, harder-to-sell homes are getting stuck on the market for months.

Question 3

How do mortgage rates affect my ability to sell my house?

Accepted Answer

In recent months, mortgage rates hit record lows, inspiring many people to dip their toes into the market and buy a home. This is great news if you’re selling a house — that is, unless your home is uninsurable. If your home is considered “high-risk” due to age, condition, or location, it will be much harder to insure. And without home insurance, most buyers will lose their ability to get a mortgage loan.

Question 4

Selling a house during financial hardship.

Accepted Answer

A heartbreaking result of the pandemic is the number of people who have lost their jobs, their businesses, or are dealing with big medical expenses.. And while owning a home can be a great investment, it can also be a huge financial burden. We’ve talked with families who can no longer afford the costs of owning a home or of living in the Greater Richmond area. In these situations, selling as fast as possible and getting cash in the bank might be exactly what you need to pick yourself back up on your feet and gain financial stability.

Sell Your House Safely During COVID-19

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You Can Still Sell Your House for Cash!

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Get in touch today for an all-cash, no-obligation offer. Or learn more here.