Submit the property address and basic information. We will speak with you about the property’s condition, occupancy, title situation, your preferred timeline and your goals.
If you decide to proceed, the written agreement will explain the price, proposed transaction structure, property-review rights and anticipated timeline. We then coordinate the walkthrough and open title or escrow.
We review comparable sales, property condition and anticipated transaction costs. We can often provide an initial no-obligation offer within minutes to a few hours after receiving the necessary information.
Once the requirements in the agreement are satisfied and title is ready, closing takes place through the appropriate title company, escrow provider or closing attorney. Most transactions close within 21–42 days.
Want to know more? Read on to learn more about our completely transparent process.
Selling your house can seem like a huge ordeal. The process to sell your house has to be more complicated than that, right? Yes and no.
Let’s pull back the curtain to show you how much money you can get for selling your house.
It’s In Our Best Interest To Give You Our Highest Possible Offer. This is the exact process we use to determine how much to offer you for your house.
In order to determine the value of your house – and the highest offer we can give you – we look at other similar houses in the area. If you’ve ever heard the term “comps,” this is where that comes into play. The value of your house is directly related to other similar houses in your area by looking at various factors like the house’s condition and its size. We make apples to apples comparisons in order to determine a fair price.
It wouldn’t make much sense for us to buy your house for the exact value that it’s worth. After all, we are investors. We need to cover our costs, and we’d like a bit of profit at the end of the day! In exchange for us making that profit, you get cash in hand quickly. We think that’s a pretty fair deal.
Imagine the similar houses in your neighborhood – the comps – are valued at $300k. If your house is similar to these other houses – meaning your house is just as big, just as new, and just as nice – your house would also be valued at around the same price after the repairs.
Let’s say your house needs some repairs in order to be worth a similar amount to the other houses in your neighborhood. If that’s the case, your house is worth:
Estimated resale value
minus anticipated repairs and improvements
minus holding, financing, and resale costs
minus transaction risk and required profit
equals the estimated investor offer
This is a simplified explanation. Each offer depends on the property, local market, and proposed transaction structure.
the market value of your house after repairs – our costs (including our profit) = your offer
Most transactions close within 21–42 days. The exact timeline depends on title readiness, liens, mortgage payoffs, property review, the transaction structure, the closing provider and the seller’s needs. We’ll work with you to find out a timeline that meets your needs.
We can get the process started in just a few minutes. All you have to do is enter your address and we’ll start working on your quote.