Pay-Off Tax Liens by Selling Your Virginia House For Cash

When there’s a lien placed on your home, life can be a lot like driving without knowing how much gas is left in the tank. At any moment, your homeownership can evaporate just as the last remaining drops of gasoline would.

Dealing with a tax lien sets you up for foreclosure if you don’t pay your tax obligations back.

If you fail to settle your obligations, the lien can be in effect for up to 20 years, denting your credit score and chances of taking out loans.

Fortunately, there’s a way out — sell your Virginia house for cash.

Learn more about paying off your tax liens by accepting a cash offer.

Tax Liens? What Are They? And Why Are They a Problem for VA Homeowners? (RVA-Richmond, Chesapeake Norfolk, & Chester, VA)

First of all, what’s a tax lien?

A tax lien is a legal claim that the government puts on your property when you fall behind on taxes. You can think of it as the government’s way of saying, “You owe us money, and we’re not letting go until you pay up.”

Tax liens stick to your property like glue, making it tough to sell or refinance.

Tax liens are a problem for several reasons.

Besides causing your credit scores to dip, outstanding liens can cause you to lose your home.

The government can force a sale to get their money back. Plus, interest and penalties pile up fast, turning a small tax debt into a much bigger one.

In Virginia, property tax liens are especially tricky. They take priority over most other debts, including your mortgage. This means if you’re trying to sell, you’ll have to clear the lien first.

Want To Fix Your Problem? Pay It Off with Home Equity

Getting out of a tax lien may seem impossible, but you can use the equity you’ve built to pay off your tax obligations.

With your home equity, you can prevent the foreclosure of your home.

Can I Easily Pay Off Tax Liens with Equity? Not So Fast!

There are several ways to free up your equity and use it to pay off tax liens. The most common way to do it is by selling your home.

However, be aware.

Selling your home with a lien on it can mean a lengthy home sale. After all, not many buyers will look forward to paying off your outstanding tax obligations after they’ve purchased your Virginia house. As a result, expect your home sale to take longer than the Virginia average days-on-market of 27 days.

To make matters worse, you might need a skilled realtor to close the sale. Realtors are a must when you’re selling a Virginia property traditionally, but they can charge you as much as 5.53% of your property’s sale value.

What To Do Instead

With all these considerations in mind, you might be wondering if selling your home is still a tenable option. We say it is — and the solution is to sell your Virginia house for cash.

The Benefits of a Cash Sale in Paying Off Your Liens

With traditional home-selling off the table, accepting a cash offer for your Virginia house is a superior solution for several reasons.

First, you’ll close a sale faster. When you sell your Virginia house for cash, the selling process can be finished in as little as a week.

Besides a faster sale, there’s a chance you’ll profit more from a cash sale as well. Selling your Virginia house for cash means you’re selling directly and not to a realtor, so you don’t need to repair your home, pay realtor commissions, or even settle your liens before the sale.

We Buy Houses As-Is in Any Condition

At Cava Buys, we buy houses as-is. Whether you’re dealing with tax liens, cracked foundations, or deed problems, we’re here to take your home off your hands regardless of the condition it’s in.

Get a cash offer today if your home has any of the following issues:

• Rundown properties: Has your Virginia house seen better days? We’ll make you an offer, and there’s no makeover needed.
• Hoarder homes: We’ll buy your cluttered home with cash, saving you the cleanup hassle.
• Needs repairs: Don’t fix a thing. We’ll pay cash for your house even if it’s in bad shape.
• Code violations: We’ll buy your home with cash — code violations and all.
• Bad rental property tenants: Are you dealing with troublesome tenants? Sell your rental property to us and say goodbye to landlord headaches.
• Death estates: Inheriting a property comes with emotional and legal consequences. We offer cash and a compassionate, quick solution.
• Trash-filled: Has junk piled up on your property? No need to clear it. We’ll make a cash offer for your property as-is.
• Fixer-uppers: We see your Virginia house’s potential and will pay cash for it.
• Damage: Storm damage or wear and tear won’t stop us from seeing your Virginia house’s value. We’ll buy your house for cash, problems and all.
• Dirty: There’s no need to clean up when you sell to us. We’ll purchase your house regardless of how dirty it is.

No matter what shape your Virginia house is in, you can count on us to buy it from you.

Get a free cash offer from us, and sell your Virginia house for cash as-is today.

Sell to Us for Cash Quickly

At Cava Buys, we offer a fast home-selling solution in Virginia. All you need to do is reach out, give us information about your property, and get a free cash offer.

In as little as a week, we’ll pay you an amount for your property that helps you settle tax obligations.

Get a fast, fair, and free offer today, and find out how much we’ll give you for your Virginia house.

 

Read Our Reviews

We understand if you’re on the fence about selling to us, which is why we encourage you to check out our countless positive reviews.

See firsthand how we’ve helped homeowners in Richmond, Chesapeake Norfolk, and Chester, VA sell their homes for fast cash.