How It Works When I Sell My House for Cash
If you’re wondering how it all works when we make you a cash offer for your house, here are the 4 easy steps:
Step 1. Tell Us About Your AL or TN Property
Step 2. Property Evalutation
Step 3. Get Your Cash Offer
Step 4. Close the Deal & Get Paid
We always close at a local reputable attorney or title company, so everyone is protected. We can close in as little as 7 days or on the date of your choice. After signing the paperwork, you’ll walk away with cash in hand.
Now, we know that these 4 steps do not really explain how exactly it ALL works, so let us shine some light on this with an example…
How It Works When We Make You a Cash Offer
Imagine you have a house you want to sell… Now, also imagine your next door neighbor had the exact same house as yours, but he wanted the most money for his house, so he spent some money and added granite countertops and backsplash, installed a new HVAC furnace, applied a fresh coat of paint inside and outside, added landscaping, updated the kitchen and bathrooms, and put in new windows and hardwood floors in).
How it works usually is that he then lists his house with a real estate agent for $120K, but after sitting on the market for 3 months, he accepts an offer for $100K. He pays the 6% in commissions and 3% in closing costs, and walks away with $91K.
So what does this tell us?
We now know, that if we spent some money upgrading your house with the exact same changes, we should also be able to sell your house for $100K (the market value or “after repair value”). Correct?
Therefore, we know the market value of your house (in this case $100K) and we can estimate the cost of repairs/upgrades.
We can now make an offer that works for us by the numbers (market value and cost of repairs, not how desperate you are to sell). If these numbers are acceptable to you, we close. It’s really THAT simple! That’s basically how it works when we make you an offer.
Remember, our cash offer allows you to sell your house AS-IS and not spend the time, money or energy necessary to get your house looking like your neighbors (or wait 3 months to sell it like he did). Plus, you won’t have to pay any agent commissions and fees, or closing costs when dealing with us!
We take great pride in preparing our offers and we will actually show you how we came up with our cash offer — our company values fairness and transparency above all else. You can find more info here on how we work our offers!
If you’re ready to get started, just fill in the form up top or click the button below. We look forward to making you an offer on your Alabama or Tennessee property!