How Our Home Buying Process Works
Get A Cash Offer In 4 Easy Steps.
Getting Cash For Your House is Pretty Simple!
We Buy Houses Hassle-Free! No Agents – No Repairs – No Fees
4 Steps To An Easy Home Selling Experience
We make the process for you to sell your house as easy as possible. Here’s how it works:
Step 1. Tell us about your property – Fill out this form or Call Us at 919-346-0699
Step 2: Once we get your details, we will evaluate your property and contact you to set up a quick appointment to meet and view your property.
Step 3: We’ll ask you a few questions to help better understand your situation so that we can structure the best possible deal for you. Then we’ll present you with a fair, No-Obligation Offer.
Step 4: We close at a local, reputable title company where you leave with cash in your hands in as little as 14 days.
How We Calculate Your Cash Offer
“So how much am I going to get for my house?” This is usually what everyone is most eager to know. For good reason, you want to get a fair price! So let’s break down how it works when we calculate how much we can pay for your house.
things first: we use a simple formula. There are 4 different parts of the formula and we’ll cover what each parts means and how we calculate them, but lets first take a look at the overall formula
What does this mean??
Let’s break down each of the 4 different figures one by one, starting from the beginning…
- The After Repair Value (“ARV”), is the price we think we can sell the house for after it’s all fixed up. To find this number, we look at recent sales for similar homes in your neighborhood. Sites like Redfin and Zillow are great resources to look for comparable sales.
- Next is the cost of rehabbing the property (“Repairs”). This is what we estimate it would cost for us to fix it up. We like to do quick, in-and-out rehabs that keep our costs low instead of elaborate jobs – which is how we can pay more than the competition.
- After that, we take into consideration the transaction costs (“Trans. Cost”). If we’re going to resell the house, we need to make sure we give ourselves room for the commissions, closing costs, and holding fees to come- which is usually about 10% of the ARV.
- Lastly, we determine our minimum profit (“Min. Profit”). Real estate is how we support and provide for our family and if we aren’t profitable, we wouldn’t get to stay in business so this is something we must factor in. Our minimum profit is dependent on the purchase price of the home. The higher we pay for a home, the more profit we need to make to offset the risks.
All The Little Details Of How It Works
We buy houses without agents, so you will NOT pay commissions!
We purchase properties in any condition – no matter what’s wrong with the house, you don’t have to fix anything or even clean it.
We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
We pay cash for houses – this way there are no hassles like working with a bank and doing inspections or appraisals.
We can close on your timetable – no matter how fast or slow you need!
We buy houses “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can make more for houses if you are willing to take the money over time.
Ready to get a cash offer for your house? Requesting an offer only takes two minutes and is completely FREE. Remember, there are never any obligations either! We promise you will never have to deal with a pushy salesman when you are dealing with us!