How Do I Sell My House For Cash?
We make selling your house easy by eliminating the middlemen (lenders, appraisers, agents, etc.) and buying the home directly from you. Here’s how it works:
Give us a bit of info about
your home and we’ll begin
crafting your offer
Get Your Offer
We’ll view the property
and give you your FREE
We’ll close at a local
title company where you’ll
get your cash
We value honesty and transparency, and we’re happy to show you the exact formula that we use for all our offers:
After Repair Value (ARV). ARV is what your home would be worth once all repairs have been made. Let’s assume your neighbor John recently sold his house for $250,000 after putting on a new roof and updating the kitchen, bathrooms, flooring, and paint. We can assume your house would sell for $250,000 if it was updated like John’s.
Repair costs. This is the total cost it would take to repair your home and bring it to a similar condition to John’s.
Selling costs. These are the costs we incur while we are remodeling the house and when we sell it. We have to pay taxes, insurance, and utilities while the home is under remodel, as well as closing fees and commissions when we sell. These are all fees you won’t have to pay when you sell your house to us!
Profit. Yes, we do have to make a reasonable profit. We wouldn’t be able to stay in business without it. We have to support our families, as well as the families of our employees and contractors.
Your Offer. 100% FREE with NO obligation.
Let’s Look At An Example
After Repair Value = $250,000
Current “As-Is” Market Price = $175,000
Repair Costs = $45,000
Selling Costs = $25,000
Our Minimum Profit For This Deal = $30,000
This is actually an example of a house we recently bought in Tucson.
Let’s assume you spoke to a realtor and they stated your current “as-is” market value is $175,000. Let’s also assume that we can sell your house for $250,000 once we finish remodeling it, and we estimate it will cost about $45,000 to remodel it to that condition. Our selling costs average about 10% of the after repair value (ARV).
The homeowner came to us after a listing agent told her she could possibly sell her house as-is for $175,000. This would take a couple of months, but she was needing to move as soon as possible for a new job. We were able to come in and buy her home as-is with no fees and close within 2 weeks. She got cash for her house fast and skipped the hassle of traditional home selling.
Get Your Cash Offer Now
Why Should I Sell My House To You When I Could Sell It With An Agent?
Let’s say you do sell your house through an agent for $175,000. Most buyers will request some sort of repairs, and typically request some closing costs (average of 2%). If this trend held true, here’s what you would get after selling your house with an agent:
Selling With An Agent
Sold Price = $175,000
Commissions = $10,500
Closing Credits = $3,500
Misc. Repairs = $2,500
Your Net Amount = $158,500
So the question is, do you want a guaranteed fast home sale, or do you want to take a chance and list it on the market? Don’t forget, while the home sits on the market and the couple months it takes to close with a lender, you’re still paying your mortgage, taxes, utilities, etc. When you want a quick and stress-free sale, you call us.
Questions You May Have About Selling To Us
How Long Before I Get My Cash?
You’ll get your money from the title company as soon as we close, which can be as little as 7-10 days from signing the agreement, or on a date of your choosing.
How Do I Know I’m Getting A Fair Offer?
We calculate all our offers based on our cash offer formula, which gives you the best cash price for your house. While a cash offer may not always be as high as what the house would sell for on the market, selling your house to us for cash has several other benefits that you wouldn’t find otherwise: we buy your house fast, we don’t ask you to make any repairs, and you don’t have to pay any fees or commissions. These benefits make a cash sale the best option for many homeowners who prefer a quick and stress-free home sale.
Are There Any Fees Or Costs?
There are no fees or costs when you sell your house to us. In fact, we even pay all closing costs, which is an expense usually split between buyer and seller. If you have an outstanding mortgage or liens on your house, those will be paid off from the proceeds when you sell, but that is the case whether you sell to us or anyone else. Aside from that, the offer we give you is exactly what you will get at closing.
Are You An Agent?
We are not agents. Real estate agents help you find a buyer for your house; we actually buy the house ourselves. We can refer you to an agent if you’d like to take that route. That may be a good option for you if you can afford to wait a couple months (or more, if the buyer runs into issues with financing). But keep in mind when comparing options, that when you sell with a realtor you will need to deduct commissions, closing costs, seller concessions, and repairs from the sale price. When you sell to us, you don’t pay any fees or commissions, and we can close much more quickly and reliably.