How Do I Sell My House Fast For Cash?
We Offer Cash For Your House Fast. Here’s How…
By eliminating the middle person, (agents, banks, inspectors, etc.) and by simply paying cash we can significantly simplify things. We can truly make buying your house easy as 1-2-3
Cash For Your House. Here's How....
Sell Your House The Easy Way.
Hi there, I am Heath, and I am one of the acquisition managers here at “Cash Me Out Propertyz”. I will be your guide, walking you through the entire process getting your no-obligation, all-cash offer started. Don’t worry, it is all free without any cost involved and without any obligation to accept any offer we make you. If you rather talk to a live person feel free to call me at my direct line at (916) 209-0258.
Send US Some Info
Just fill in the form below, and you're all set! We'll get the process started.
We'll Get in touch with you
We’ll call you and make an appointment, so we can go over some details about your home you want to sell.
Get Paid Cash
If you like our offer that we provide, just pick a closing date and get your cash at close.
Yep That's It Super Easy Right
Easy
Cash Offer
But- What exactly goes on, how is the home valued?
To sell your home fast for cash, we encourage you to educate yourself so you can make a decision what your best options are.
What follows next, is a well thought out, detailed explanation on how the entire
"house buying" process works from beginning to end. Please read through this article, reading this will make you knowledgeable about Selling Your House.
Cash For Your House
How Its Done
How To Sell Your House Fast
Selling your house can be a difficult task, especially when you need it sold fast. Selling your house for cash, you can speed things up. This guide will walk you through the process of selling your house for cash to a cash home buyer from start to finish.
You'll Need These:
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Internet access or a phone
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A reliable form of communication
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Computer or a phone
What Is A Cash Home Buyer?
A cash home buyer is any person, company or entity (usually a real estate investor), capable of buying your house in cash without the need for financial support from banks, lenders or other 3rd party financial institutions. As the purchaser is providing their own money, they are the final decision makers, eliminating the need for approvals or inspections from a 3rd party, drastically speeding up the transaction.
1. Find A House Cash Buyer.
The most common method for finding cash home buyers is by doing a Google search for: “We Buy Houses [yourCity] [yourState]“, “Sell My House Fast [yourCity] [yourState], or “Cash For My House In [yourCity] [yourState], and choosing the top ranking results underneath the ads. The ad results often are not reliable or reputable as people simply pay to be on top. They are not on top because they are reputable.(Ads can be recognized by the letters “Ad” preceding the Google listing).
2. Do Your Due Diligence.
Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page. What you are looking for is transparency, a clean and professional website, clear explanations, and professionalism. The website is a direct reflection on them and their business.
3. Submit Your Information.
Once you found a reputable house buyer, it is time to get your cash offer started by submitting your information. The information needed from you is 1) a reliable way to contact you (usually a phone number or email address), 2) the address and 3) some details on the current condition of the house and what repairs it needs, if any.
4. Schedule Your Appointment.
Once the information is received, an appointment can be scheduled. You can ask them any questions you may have. There should never be any costs associated for these services and the offer is a no obligation offer. Most reputable property buyers understand that this is a critical time in your life and you have a big decision to make.
5. Schedule Your Closing Date. Get Your Cash!
If the offer presented is to your satisfaction, you can set a date for closing. During closing you will get the cash and that’s it. You sold your house for cash. Usually it is the cash buyer that will pay for all closing costs, making sure the transaction is as attractive as possible for you.
You Want To Sell Your House Fast!
“We Buy Houses” companies will often try to give you the lowest possible offer. This doesn’t make any sense to us. We spend time and effort doing your home analysis so we can get you cash for your home. We spend time and money driving to properties all over. All these services are 100% FREE to you! No one accepts low offers, we would have spent a lot of time, money and effort for nothing. We do our best to you get you the best offer for your home.
How We Make Offers To Buy Your Home
We are able to stay in business by getting offers accepted, and the best way to do that is to give fair offers based on the actual cash value of the home, that you'll be happy with. We do our best to give you the best highest offer for your home. We love to help people out of tough situations. Selling a house can be highly stressful.
Our Offers Are Based On Your Home’s “After Repair Market Value”!
We look at what the value of your home would be, completely fixed up. Based on this value we will formulate your offer!
Here's How Exactly"
You've thought about selling your home..... and are ready to sell.
In your neighborhood, even next door, there are homes that are identical to yours, but they are updated with new paint, floors, roof, counter tops, bathroom etc.
The updated homes are selling for $400k.
So now we know.....
If the homes that are updated in the area are selling at $400k, after all the updates to the home have been completed, your home also will sell for roughly the same based on the recent sells in the area, again keep in mind the homes are similar in features and have been fully updated to current year standards.
We know the Market value of your house fixed it up is $400K, and we know the cost of repairs needed. We can make an offer that works for us. If the offer also works for you, we open Escrow and you get your money at closing! As you can see, we make offers based on the market numbers, not based on how desperate you may or may not be to sell. We will not try to take advantage of you in any way.
How we valuate the offer:
Here's The Math
We value honesty and transparency. We have no issues sharing with you how we exactly valuate offers.
We look at what the value of your home would be, completely fixed up. Based on this value we will formulate your offer!
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
This guide will help you better understand the math we use to form an offer.
After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house.
Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we on the other hand, have to use an agent to sell that house again after we purchased it from you and fixed it up. So we have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do not have to pay, if you sell your house to us. This cost in factored into the below market market value spread of 30% to create an equity spread and protect the investor from any future unforeseen cost.
Our Minimum Profit: Yeah, this is a business we run here, we wouldn’t be able to stay in business, buy more houses, pay contractors, plumbers, roofers, electricians, etc, if we didn’t make some sort of profit. However, we keep this to a minimum so we can present you with the highest possible offer. See, our business model is structured around making many deals with a little profit per deal, and not a few deals with a huge profit per deal. This practice benefits us all.
Short and Sweet
The market value of the house (after we fix it up), minus all of our costs fixing it up (including our profits), will be the offer. How simple is that, simple right! Congrats, now you are an expert at this! But we want to be sure you understand it?
Here Is An Actual Deal We Worked On
Here is an example of a home that we did a deal on
Home is a 4 bedroom, 2 bathroom, 2 Car garage, living area square feet 1800, 15,000 square Foot lot.
Market value for the home was $415,000
It needs some TLC, flooring in the entire house is out dated, counter tops in the kitchen and bathrooms are out dated, kitchen cabinets needed to be replaced, kitchen sink needed to be replaced, toilets, shower and tub, sinks, new light fixtures, recessed lights in all the rooms, light switches, electrical outlets, interior doors, interior trim, a fresh coat of paint, new appliances, every window in the house needed to be replaced with energy efficient windows, new sliding door, roof needed to be replaced, it had missing shingles, wood rot on the exterior eves needed to be replaced, siding was old wood and paint was chipping and needed to be replaced with stucco and fresh paint.
All this was a cost of just under $100k for the full renovation.
We have a minimum profit of $20k
Closing cost with Escrow was just under $6k are paid by the cash buyer
We also have holding cost for the next few months while the renovation is being done $8k
Here's the math:
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$415k Market value/ After Repair Value ( ARV)
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$290,500 purchase price at 70% to value, % varies per property this creates an immediate investor spread to protect any future unforeseen expenses.
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$100k Renovation/ updating the home to 2022 standards COR
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$20k Minimum profit margin
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$8k Holding cost
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$162,500 Actual cash value purchase price
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$415k ARV
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$124,500 30% below market value investor protection spread
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$100k Renovation
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$20k min profit margin
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$8k Holding cost
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Total purchase price after subtracting these cost: $162,500.
Now you're an expert and should have a great understanding of how we valuate your property, Click here to get your Absolutely FREE No-Obligation Offer.
Selling your house to a cash buyer is convenient hassle Free and saves you the troubles of doing that all yourself. Doing what we do, you need a team of people to handle different parts of the process. Imagine trying to do this all on your own, it can become very stressful driving you to pull your hair out, so don't stress out, using a cash buyer like us saves you your sanity and you can continue doing what you do best, whatever that may be.