How Do I sell my House Fast For Cash?
We Offer Cash For Your House And Provide A Fast And Stress Free Sale. Here's How....
We pay cash and remove all the middlemen that are typically involved in a real estate transactions- the agents, the banks, the inspectors, etc- which allows up to simplify the process and close on YOUR schedule.
Selling Your House Is Easy As 1 2 3!
Selling your house does not have to be difficult, complicated, time-consuming, or stressful. We cut the agents, the banks, the red tape and the bureaucratic hoops to jump through out of the equation, which allows us to eliminate any delays and complications from the process, making the the transaction smooth and hassle-free. Selling your house to us couldn’t be easier!
Send Us Some Info
Simply fill out a form to get the process started! We'll contact you promptly
We'll Get In Touch
We'll call you, get information on the property, and come out to see it (virtual option available)
Get Your Cash
If our offer works for you, simply choose a closing date & receive your cash
We Buy Houses In Any Condition And Any Situation
Here Are Some Of The Experiences From Homeowners
Alain and his team have been amazing to work with! He is very honest and at the end of the day just wants to help. I always felt like he had my back and gave me the option to decide without being pushy. In the end, I couldn't have been happier and highly recommend!
Daniel Hurst
Greenwood, IN
Wow, I can't recommend Virtue Cash Buyers and their team enough. Alain was incredibly knowledgeable, friendly, and patient throughout the entire home buying process. Alain took the time to understand our needs and preferences, and they were always available to answer my questions and provide guidance. They made the process so much less stressful and more enjoyable. If you're looking to buy or sell a home, look no further than my guy Alain and his team!
Chris Tomalewski
Indianapolis, IN
Alain is an incredible individual who consistently goes above and beyond when it comes to keeping his word. He possesses an unwavering sense of reliability that makes him a beacon of trustworthiness. Whenever you need someone dependable, Alain is the person you can truly rely on without a shadow of doubt.
Steve Lehman
Indianapolis, IN
How To Sell Your House Fast (Just 3 Easy Steps)
1. Submit Your Information
Start the process with us by submitting your information. On our end, we will need 1) a way to be able to contact you, usually a phone number or email address, 2) the address of the property so that we know ahead of time what house we'll be calling you about, and 3) some details regarding the current condition of the house and what repairs it needs, so we can get a better idea of what we're working with.
2. Schedule Your Appointment
After we receive the information from you, we will call to introduce ourselves, chat about your current situation and needs, and set up a time to come out to see the property (we can also do this virtually). After the walkthrough, we are able to present you an offer and cover any questions or concerns you may have. It is completely free for us to do this and you are not obligated to accept our offer. Even though buying houses is second nature to us, we understand selling your house can be scary and foreign, and we are here to make sure any doubts are addressed before working together.
3. Close On The Property And Get Paid!
If you accept our offer and choose to work with us, you can choose a date that is convenient for you to close on the property. At closing, you will sign some final documents and get your cash, either walking out with a check or having a wire sent directly to your account. We as the buyer will pay for any related closing expenses and you will not have to worry about paying any real estate commissions out of your proceeds, as we cover those as well.
Get Your Offer
Today
We Base Our Offers On Your House's
"After Repair Market Value"
Essentially, we determine what the value of your house is going to be once it has been completely fixed up and updated. Based on this determined value, we can calculate your offer! But you may be wondering, "How, exactly?"
After understanding what your house is like, we take a look at other houses in the area that are just like yours (or as similar possible) that have recently SOLD.
Of those houses that have recently sold, we identify which ones were fixed up and completely updated before being put up for sale.
Once we know which properties were fixed up and made beautiful before selling, we can determine what price they fetched. Let's say they're selling for $285k.
So What Does This Tell Us?
This information let's us know that if we were to buy your house and make the same upgrades to it as those of the houses that are selling, then we should be able to also sell it for $285k.
Alright, so at this point we know what the market value of your house is if we were to fix it up (as we mentioned above, $285k) and we know the cost of repairing and updating it. From here, we are able to pencil out an offer that works for us. If the offer also works for you, amazing! We work together and in a matter of days you receive your money at closing! As you can clearly see, we make offers based on what the market tells us and some basic arithmetic, not randomly or out of a hat.
Which gets us too...
Jon Paton
Indianapolis, Indiana
"Incredible service during a tough time in my life. Made things way easier than I thought they could be. Needed the cash, got it much quicker than I had anticipated at a great value."
The Offer:
Here at Virtue we promise to operate with transparency and honesty, and in keeping that promise to you, we'd like to show you exactly how the magic happens behind the scenes when it comes to our offers:
IT BOILS DOWN TO THE MATH!
… that frankly, a fifth grader could do (talk about a hit to the ego…). This is our easy to follow formula:
[Your Offer] = [After Repair Value] - [Cost Of Repairs] - [Our Selling Costs] - [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
We Determine The After-Repair Market Value Of Your House
After-Repair Value (ARV): As mentioned previously, this is simply how much we estimate your house will be worth if it were completely renovated based on current market standards (like on your favorite HGTV show). We arrive at this number by seeing what similar fixed-up properties are selling for in the neighborhood where the property is located.
2
We Calculate The Cost of Repairs
The Cost of Repairs: These are all the expenses associated with the process of actually fixing up the property. This includes materials purchased for the project, what we have to pay our contractors and our crews, as well as the taxes and the insurance expenses that accumulate during the time that the property is being renovated to look amazing and ready for the market.
3
We Determine Our Selling Costs
The Selling Costs: These are the costs associated with selling the property after it has been fixed up. When we buy your property, we don't involve an agent (saving you commissions) and don't charge you closing costs to makes things easier for you- however, after we fix up the property, we list the property on the market with our agent to sell for top value, which means we incur commissions, closing fees once more, as well as taxes and insurance. Selling costs add up to roughly 10% of the ARV of the property.
4
We Take Out Our Profits
Our Profits Are Reasonable. We are a business after all, and we would never hide the fact we need to make money to not only keep the lights on at the office, pay our crews and contractors and everyone involved, but also be able to feed our families and keep a roof over their heads. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers and we'd be out of business!)
To put it simply, it all comes down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus ALL our costs associated with us bringing the house to its completely fixed-up condition, minus the profit we need to make. That's it! That's how we arrive at the offer for your house!
Let's Take A Look At A Real World Example...
To fully understand this, let’s walk through a house we actually purchased and flipped
Let's pretend that this is your house in its current condition.
Not terrible, huh? Sure, it's outdated and needs a bit of TLC, but it certainly doesn't need to be torn down.
Your next-door-neighbor John with the exact same house as yours put a lot of money into it just a few months ago- put a new roof on, updated the kitchen and added granite and an island, put in new flooring throughout, updated the bathrooms, the works- and listed it on the market looking like this:
It turned out beautiful, didn't it!? Wow... no wonder he sold for $285,000!
Now, for us to be able to sell the house we buy from you for the same price (or as close to it as possible), we need to bring your house to the same condition as your neighbor John's house.
Why?
Because in the condition your house currently sits, there is no way we would be able to sell your house for $285,000 when all the available nearby houses on the market look as good as his! If you were a buyer, would you want to buy a house in worse condition for $285,000 when much nicer homes are selling for the same price? No, of course not!
So, at this point, you may be asking yourself:
Well, if the house sells for $285,000 after someone invests money into it to update it and fix it up, how much would it sell for in its as-is condition?
Should I Sell My House In Indianapolis For Cash Or Should I List It AS-IS?
Here you have to compare both options. Let's assume you contacted a real estate agent and they tell you your house is worth $165,000 in it's current as-is condition. You're a smart seller, so at the same time you contact a local home-buying company in Indianapolis to see how their offer stacks against the numbers your real estate agent is telling you...
Once we know the condition of your property, for us to be able to put an offer together we would then get our agent and our contractor involved. Our agent helps us look at the market to see which houses are selling and what finishes and updates are being done to those houses in order for them to sell for top dollar (this information then tells us what updates and finishes WE need to put into the property to give buyers what they desire and look for in a home).
Working hand-in-hand with our contractor, we are able to put together a detailed SOW (Scope Of Work) that covers the updates we determined the house needs- this can be granite counter tops, new hardwood floors, replacing the old furnace and air conditioner, putting in new appliances, etc. Now that we know exactly what we will do to do house once we buy it from you, our contractor can give us an accurate cost of repairs so that we know what our numbers will look like.
At This Point, We Are Now Able to Make You An Offer!
Here Are The Numbers:
As-Is Value = $165,000
ARV (After Repair Value) = $285,000
COR (Cost of Repairs) = $85,000
Our Selling Cost = 10% x $285,000 = 28,500
For this house, let's say Our Minimum Profit is = $30,000
[Your Cash Offer] = [ARV] - [COR] - [Our Selling Costs] - [Our Minimum Profit]
Your Cash Offer = $285k - $85k - $28.5k - $30k = $141.5k
Your Cash Offer = $141,500
As you can see, our offers are made from numbers that are generated from actual data: the fixed-up value of simillar homes that have recently sold, the current cost of labor and materials, the expenses incurred in selling the home, and our profit needed to simply stay in business. We take these numbers and plug them into our formula in order to give you the highest offer we can possible make you, in order to make sure that you are happy and that we can work together in buying your home.
Real World Example (Analyzing The Offer)
When comparing our cash offer to an as-is listing, you need to consider your bottom line, and take into account the fact that you will be paying 6% in agent fees plus closing costs, at which point you would probably walk away with $152,000 in your pocket. In order to maybe get $152,000 for the house, your property might sit on the market for 3... 4... 5 months!? Of course, no one can guarantee you that the house will actually sell!
So here is where you need to make a decision.
We can buy the house from you for a guaranteed $141.5k and you can sell in as little as 10-21 days with absolutely no hassle, or you can take your chances with listing it on the market with the agent and maybe get $152k in 3 to 5 months.
What If The Cost Of Repairs Was $55k Instead Of $85k?
Let's take a look at the offer one more time to see what happens:
As-Is Value = $165,000
ARV (After Repair Value) = $285,000
COR (Cost of Repairs) = $55,000
Our Selling Cost = 10% x $285,000 = 28,500
For this house, let's say Our Minimum Profit is = $30,000
[Your Cash Offer] = [ARV] - [COR] - [Our Selling Costs] - [Our Minimum Profit]
Your Cash Offer = $285k - $55k - $28.5k - $30k = $161.5k
Your Cash Offer would be $161,500
You're seeing that right! In this case, that is $6,500 MORE than what your house is currently worth, and more importantly to you, nearly $20k more than what you would have gotten had you listed it with an agent (if you recall, you would need to pay agent commissions and closing costs). As you can see, our offers are not made randomly, are not picked out of a hat, but are made based on the numbers.
Want To Know What Your Numbers Look Like??
Fill out the form to get a 100% FREE, NO OBLIGATION offer from us!
People Love Us!
And We Know You Will Too
I have had the pleasure of working with Virtue Cash Buyers. My experience was excellent! Alain is very professional, responsive and ethical. I would highly recommend him and his services.
Lisa Meredith
Anderson, IN
Alain was very prompt with communication and very pleasant. He checked in with me every step of the way throughout our real estate transaction. Sale of home was very flawless and quick. Initial contact was April 18, we closed on home May 4th. Only 16 days from start to finish. Alain was a pleasure to do business with and would do again.
Judi Via
Greenfield, IN
Alain and his team have been amazing to work with! He is very honest and at the end of the day just wants to help. I always felt like he had my back and gave me the option to decide without being pushy. In the end, I couldn't have been happier and highly recommend!
Neil Goradia
Carmel, IN
Get Your Free Offer TODAY!
We buy houses for cash, no matter the condition. You don't deal with Realtors, you don't pay any commissions, and you don't repair or clean a thing! Simply fill out the form below to get your all cash offer started!
We Are Cash Home Buyers in Indianapolis
Virtue Cash Buyers is a cash home buying company in Indianapolis. For years, Virtue Cash Buyers has been the go-to choice for countless homeowners looking for a convenient and reliable solution to their home selling needs. While primarily buying houses in Indianapolis (and Indiana in general) we are able to provide our services nationally. No matter if you’ve inherited a property you don’t want, are a landlord who is fed up and done with the rental business, going through a divorce, handling probate, or assisting a parent or a loved one transition into assisted or senior living, we are here to help. So if you find yourself in any situation where selling your property can alleviate any of life’s stressors, please reach out to us!