How Do I Sell My House Fast For Cash?
We Offer Cash For Your House Fast, In 3 Easy Steps
First, fill out the form below and let us know about your property so we can get a sense of your situation. There is no obligation to sell your house to us after submitting and we will never share your information.
We’ll schedule a time to see your property, either in person or virtually by video. We want to make sure we respect social distancing and ensure a safe way to make you a fair cash offer.
If you accept our cash offer, we’ll schedule a closing date that works on your terms. If you want to close immediately or wait a few months, we can make it happen. We close at a local title company and we’ll take care of the paperwork so you can have a stress-free home sale.
In those three steps, you can sell your house for cash! It’s that simple. CashQuickBuyers makes selling your house hassle-free and we can buy your house as fast or slow as you need. We want you to sell your house on your own terms and avoid unnecessary fees!
How Does It Work…
We’re guessing you’ve seen plenty of signs around town that say “we buy houses” or received something in the mail about a company that wants to buy your property. They all say “we buy houses for cash” or that you can “sell your house fast in any condition.” But how do you know they’ll do what they say they’ll do? How does it actually work?
How does the “we buy houses for cash” process ACTUALLY work? Is it seriously THAT EASY?
If we’re being honest…absolutely! Selling your house fast for cash is a simple process that makes life easy for sellers like you. We take on all of the hard work, deal with all the documents, and manage the process so you don’t have to do anything. There’s certainly a lot that goes into buying a house for cash, but we want you to feel like the entire process is smooth and effortless for you.
That sounds great, but I still don’t know how it works…
We understand that explaining the entire process of selling your house fast for cash can feel unclear. You probably still have a lot of questions that need answering. The good news is that we’ve probably heard the questions before and know exactly how to answer them. We’ve put together some of the most frequently asked questions about how we buy houses and what the process is like. It’s important that you know selling your house for cash isn’t always the best option depending on your situation, which is why we want to provide you with all the information you need to make an informed decision about whether or not you should sell your house for cash to us.
So how do you come up with an offer price to buy my property?
We make our cash offers based on these four things
After Repair Value “ARV” of the Property
ARV is the value of the property after it has been renovated and refurbished. It is calculated based on local comparable sales that have sold fully renovated in the same neighborhood or area.
Renovation Cost (Cost of Repairs We Will Make)
After buying a house, we need to make certain repairs and upgrades in order to improve its market value and bring it up to code. These can be anything from replacing the tile or carpet to repainting the house, to changing out the fixtures, to improving the landscaping, and many other things.
Selling Costs We Incur
Once the property is ready to be re-sold, we can expect certain costs to come with that process. You will never pay any commissions or fees when you sell your house to us, but we will likely have to pay some of those costs, including taxes, insurance, HOA fees, and more. We need to consider those costs in our offer.
The Minimum Profit
Because we are a business and we do this to support ourselves, employees, and families, we need to consider potential profits whenever we buy a house for cash. Though, we do like to make it clear that we try our best to keep our profit to a minimum in order to ensure that we’re paying as we can for your house or property.
Want to see how we calculate our cash offer?
Our Cash Offer = After Repair Value (ARV) – (Renovation Costs + Our Selling Costs + Our Minimum Profit)
For Example – So, let’s say the After Repair Value (ARV) of your property is $150,000 after we’ve renovated it and we had to pay for $20,000 worth of repairs in order to make it market-ready. Here’s how we would calculate our cash offer to you: $150,000 – ($20,000 in repairs + $15,000 in selling costs + $18,000 minimum profit) = Our cash offer would be $97,000.
Now you know! That’s how we calculate cash offers! We will always try to make you the best offer possible while also making sure we can take care of our employees and team. Regardless of the situation you’re currently facing, we will work hard to make the best offer we can for you and your family. Most sellers we work with will decide to work with us over working with a real estate agent because of our hassle-free process and the quality of our cash offer. Take a look at our reviews and testimonials to see what clients and others are saying about what it’s like to work with us.
I’ve accepted your offer, now what? How long until we can close?
As almost any of the “companies that buy houses” will tell you, the closing process is going to take around 2-4 weeks, depending on your specific situation. And that assumes you want to close right away, though you have the option to move slower. Regardless of when you need to close on your house, we will work to figure out the best day for you. Here’s a step-by-step rundown of the closing process as it usually happens.
Open Escrow & Order Inspections
As soon as you decide you’re going to accept our offer and sell your house to us, we will send the purchase agreement and other required paperwork to our local title company and we will deposit earnest money. Next, a member of our team who specializes in closing will touch base with you and give you all the information you need, as well as let you know if there’s anything else the title company needs. Then, the title company will order a title and lien search. In the meantime, we’ll schedule an inspection date that can be done in-person or virtually.
Timeframe: 24-72 Hours
Conduct Inspections & Address Any Title Or Lean Concerns
Once the in-person or virtual inspection has been done, we’ll know what kind of repairs and renovations are going to be needed on our end. This may require an in-person home inspection as well. Of course, we want to respect everyone’s personal space during the COVID-19 pandemic and would wear face coverings and remain socially distant during any in-person visit. If the title company becomes aware of any title or lien issues, they’ll ask for additional information in order to fix the problems. Otherwise, the title is likely to be clear and the sale can move forward.
Timeframe: 1-2 Weeks
Scheduling The Closing & Getting You Paid!
Once everything in Step 1 and Step 2 is complete, it’s time to schedule the closing and get you your cash! We can close at the title company or they can send a mobile notary to you at a specific date, it’s up to you. Once we’ve all signed all the documents, your money is wired to your bank account or we cut you a check from the title company. Again, it’s your choice. This will usually happen the same day you sign the documents, those it is possible that it can take one business day in rare cases.
Timeframe: 1-7 days
Why should I sell to you vs list with a realtor?
We can certainly understand that listing your house with a Realtor or real estate agent feels like the right thing to do or the better option. And if we get the sense that listing your house with a real estate agent would yield a better result for you, we will absolutely say so when we chat. That said, here are some benefits and concerns that come with listing a Realtor compared to selling your house for cash to us.
Selling to CashQuickBuyers
Traditional home sale
How can I be sure you’ll actually close and I’m not being scammed?
We understand the concern! There are a lot of people who have bought into “get rich quick” ideas and have gone looking for shortcuts that can negatively impact you. There are a lot of shady characters out there pretending to be cash buyers who don’t even have the money needed to buy your property. It all sounds pretty scary.
That’s why it’s so important to make sure you do your research and vet any buyer or investor who approaches you in order to make sure they’re legitimate. You should be concerned less with finding the buyer who will make you the biggest offer and more concerned with finding the buyer who can actually close on the sale. This goes for real estate agents too, as you’ll find some who will tell you that your house can get thousands more on the housing market than you’d expect, only for your house to sit there for months while costs pile up and you’re out of luck. Think of all the stress and frustration that you could have avoided with research and vetting.
CashQuickBuyers isn’t like those guys. We have the cash and experience needed in order to close on your property…and we’ll give you cash for it!
So what can you do to avoid falling for a scam?
There are actually quite a few things to do.
– See how long the buyer has been in business – This is actually really easy to do. Check their records with the Better Business Bureau or on the state secretary of state’s LLC search. See how long they’ve been in business. If it’s been less than a year, that could be a sign they’re green and might not have the experience or funds needed to properly close on your house fast.
– Check the buyer’s reviews and testimonials– Any cash buyer who has been in business for a little while will have an online presence and reputation that you can reference. Head to Facebook, Google, Yelp, and other local review sites to see what people are saying about them. Find out if their employees are on LinkedIn as well. Read the reviews and look for any mentions of a failure to close on sales. If you see that, it could be a problem. And if you don’t see any reviews at all, that could be a red flag too.
– Does the buyer actually own property? – If you can, take a look at local property records to see if the buyer actually owns real estate in your area. If you can’t find anything, ask them why not. It is possible that they own property under another name, so that could be a reason.
– Ask for proof of funds – To be fair, it’s rather easy to fake a proof of funds letter. But, just by asking you could weed out some inexperienced buyers or shady characters who don’t have the funds available. And if they hem and haw before providing a letter in a delayed manner, it’s fair to wonder why.
Still Have Questions Or Want To Know How Much We Can Pay?
Fill out the form below or give us a call or text at (801) 845-3222 for your FREE cash offer. There is no obligation whatsoever to get an offer from us. What do you have to lose?