How We Buy Your House For Cash
Our Cash Offers Are Based On The After Repair Market Value Of Your House! (That’s A Good Thing)
How much cash we offer for your house is obviously a big question you’d like answered. Here on this page, we will explain the entire process, how we buy your house for cash, first through a quick overview, then followed by a more detailed actual breakdown of an offer we have recently made a homeowner just like you.
We Make The House Selling Process Easy & Seamless
By eliminating banks, and all other financial institutions, with strenuous regulations, approvals, and inspections, we can drastically simplify and speed up the house-buying process.
How Do I Sell My House Fast In Kansas City ?
Our Home-Buying Process Is Simple As You Can See Below.
Fill In The Form Below
Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful
Schedule Your Appointment
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
Pick A Closing Date
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
Our Process Adjusts To Your Needs With No High Pressure Sales Tactics
Our offers are based on the After Repaired Value of your house. This way we can make the highest fair offers for your house where we can walk away with our profits, and you with the cash you need. Here is a breakdown of how the offer is generated.
[Your Offer] = [After Repair Value] x [70%] – [Cost Of Repairs] – [Our Selling Costs]
This Is How We Calculate Our Cash Offers:
1) We Determine The After Repairs-Market Value Of Your House.
The After-Repairs Value: (or “ARV”) simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
2) We Calculate The Cost of Repairs
The Cost Of Repairs: is how much it would cost US to renovate the house and make it look spectacular, ready for the market. We obviously strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
3) We Determine Our Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need to be able to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4) We Take Out Our Profits
Our Profits: are reasonable. This is a business and without a profit, we wouldn’t be able to stay in business, buy houses, pay our contractors, and plumbers, etc. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers in the first place and we’d be out of business!)
Simply put, it all boils down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).
The Win-Win Principle Of Cash Offers
Imagine for a moment that you have a house in complete disrepair, and therefore you can’t sell it for much, (in fact, you probably wouldn’t even be able to list it as banks will not loan against houses in severe disrepair).
Now, let’s say that the house in its current condition is worth $50K (so the “as-is” value is $50,000), but let’s say that if you were to put $100K into the house, you would be able to sell it for $200K. (Yes this is actually the same house.)
Sadly you either don’t have the funds or the will, time, or energy to deal with contractors, repairs, and all the stress that comes with it.
Cash buyers like us could come in and offer you $80K for your home, which is $30K MORE than the current value of your house. For us, this works because, if your house is worth $50K, but we offer you $80K for your house and we put in $100K making the house worth $200K, means we then spend $180K and we made $200K netting us a profit (let’s ignore all other costs and taxes for the sake of simplicity) of $20K.
You get more than what your house is currently worth, we make our minimum profit, and everyone walks away happy.
The fine print here is that this situation doesn’t always occur, but that is why you fill in the form, so we can see what options are available to you so you can still walk away with a win (as well as us).
Get Your Offer started
More About Us
Please visit our Company page to learn more about what we are all about. I think we are quite interesting, but you’ll be the judge 🙂