Relocation is a complicated exercise in coordination. We get local Fairfax home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Fairfax“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Fairfax VA right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Fairfax, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Fairfax VA house fast?
Relocating And Need To Sell My House Fast In Fairfax… Your Options And Steps
- Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Fairfax VA agent. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Del Aria Investments And How Can We Help You If You’re Relocating And Need To Sell In Fairfax?
We’re investors. We support our families and beautify neighborhoods by buying houses from Fairfax home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Fairfax community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Fairfax real estate, so please feel free to call us at (703) 499-0111 and chat with us anytime.
Several programs are available to help with down-payment assistance for relocating and selling a house in Fairfax County. These programs are funded by government agencies or private organizations. Depending on your situation, you may be eligible for a loan, a second mortgage, or a grant.
A down payment assistance grant can be applied to the purchase of a home up to $525,000. The grant can also be used to cover the closing costs. The maximum income eligibility for a down payment grant is $110,500 for a one-person household. Typically, these programs require a debt-to-income ratio of less than 25 percent.
Down payment assistance programs are usually reserved for first-time home buyers. However, some programs are available for repeat buyers as well. You can find out if you qualify by contacting a local lender.
Many of the down payment assistance programs in Fairfax are administered by the housing departments of cities and counties. There are also nonprofits that offer down payment assistance. These organizations may help you locate a home, provide case management, and offer financial assistance.
Hire an agent
Whether you’re planning on moving to Fairfax or are currently living there, there are several reasons to hire an agent to help you sell your house. While there are several advantages to doing it yourself, hiring an agent can save you some headaches down the road.
Typically, a good realtor will help you determine the price of your home and suggest ways to get it ready for sale. You can also get tips on how to make your offer stand out among the competition.
For instance, a pre-sale appraisal may be the best way to get a solid offer for your home. This can help you walk away with thousands of dollars more than you expected.
Another trick is to make sure you’re presenting the home in a positive light. This may involve cleaning, decluttering, and staging your home. It can also include cleaning your yard. You can also consider negotiating seller rent back.
Determine the market trends
Whether you are moving to Fairfax or selling your house, it’s important to know the latest market trends to determine when and how you should make an offer. If you’re considering a move, you’ll need to consult with an experienced real estate agent who can guide you through the process.
The housing market has been slowing down in recent months, but prices continue to rise. The median home price in the NVAR footprint rose 6.6% from last year. It’s important to note that the price growth is a result of the sharp increase in interest rates, which means you’ll need to budget for a bigger mortgage.
The number of active listings has declined since last month, but the 12-day supply is still relatively high, which indicates that the market is still tight. If you are thinking of selling your home, it may be worth waiting for the spring market.
It’s hard to predict how the market will perform in the coming months, but you can expect more competition and bidding wars. There’s also a chance that new rental construction will provide a boost to housing prices.
Get an inspection done
Whether you are a buyer or a seller, getting an inspection done can be expensive. But it can help you avoid buying a money pit. Home inspectors can also give you information on home maintenance and repairs. This can make your home more appealing to buyers.
The cost of a home inspection will depend on the size of the home, the inspector, and other factors. However, the average cost is $300 to $500.
Home inspections usually take a few hours. The inspector will go through the exterior and interior of the home. They will also check major systems and structures. If the inspector sees something that is not up to code, he will record it in the report.
A home inspector will also check the electrical panel for any safety issues. He will also look for ground fault circuit interrupters. This can prevent electrical burns and shock. He will also check the electrical outlets for fire hazards.