Wondering How It Works When We Buy Houses For Cash? It’s Easier Than You Think!
Get A Cash Offer With No Agents, Repairs Or Fees!
Learn More About Our Easy Process And How It Works When We Buy Your House
You likely have some questions about how it works when we buy houses! Here are the most common ones we get:
- How does our process work?
- What do we consider to formulate your cash offer?
- How do we calculate your cash offer?
- How do we buy houses?
- How long will it take?
- Where do we buy houses?
Let’s get right to it and answer all your “how it works” questions!
How It Works: 3 Steps To Get A Cash Offer For Your Home
We make the process for you to sell your house as easy as possible. HOW IT WORKS WHEN WE BUY HOUSES breaks down into 3 simple steps:
Step 1. Fill out this form. Or Call Us at 310-658-8252
Step 2: Once we get your details, we’ll get right to work evaluating your house to form an offer. Remember, getting an offer is FREE, and there are never any obligations!
Step 3: We’ll call you to give you your offer! We’ll ask you a few questions understand your situation and structure the best deal possible for you.
That’s it! That’s how it works.
How It Works: Calculating Your Cash Offer
“So how much am I going to get for my house?” This is usually what most people are most eager to know. For good reason, you need to get a fair price! Here’s how it works when we calculate how much we buy houses for.
- We find the After Repair Value (“ARV”), which means we determine what the house could sell for if it’s all fixed up. We look at recent past sales for homes similar to yours. Sites like Redfin and Zillow are great resources.
- We estimate what it’d cost for us to fix up (“Repairs”). We like to do quick, “in and out” rehabs and keep our costs low – which is how we are able to pay more than the competition.
- We calculate our transaction costs (“Trans. Cost”). Since we’re also going to resell the house, we need to make sure we give ourselves room for the commissions, closing costs and holding fees – about 10% of the ARV.
- Lastly, we determine our minimum profit (“Min. Profit”). This is how we support our family and if we aren’t profitable, we won’t stay in business so we must factor this in. This is dependent on the purchase price.
How Does It Work When We Buy Your House?
- We buy houses without agents, so you will NOT pay for commissions!
- We buy houses in any condition – no matter what’s wrong with it! We buy “as-is” and you don’t even have to clean it.
- We pay all the closing costs when we buy houses. There are no fees for you whatsoever.
- We buy houses in cash – it’s less hassles since we don’t use a lender and we can skip appraisals + inspections.
- We can close on your time table – 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 for us to buy houses that can oftentimes put the most money back into sellers pockets overtime. Click to learn about creative offers.
Where Do We Buy Homes?
The two main markets that we buy houses in are California and Arizona state. We buy houses that we can either fix up and “flip” or properties that we plan to keep and turn into rental houses, whatever makes the most sense based on the numbers and the market.
But if you have a house you need to sell your house in another state besides California or Arizona, we’d love to still take a look and give you a fair offer. We have boots on the ground in several other markets and buy houses nationwide. Some other popular markets for us would be Idaho and Washington state. Give us a call to see if we are in your area!
How We’re Different From Other We Buy Houses Companies
We know you’ve got some options when you sell your house, so why work with us? Here is what makes us stand apart from the competition.
We are a family-owned business! Learn more about our family/ team and how we make it all work on our company page!
You will NOT find another home buyer with more online reviews or testimonials! See what others have to say about us on our reviews page.
We are 100% transparent about how it works when we buy houses – our processes are laid out and we show you our numbers!
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!