[HERO GRAPHIC]
We buy your home for cash
A fast cash sale. No waiting.
It is an easy process
We make cash offers directly to home owners. This makes the buying process quicker and easier. (No waiting for offers or for bank approvals).
This explains the steps involved but you might be asking; “how do we calculate our cash offers”?
Before you make any decisions about taking a cash offer (and selling your house fast in California) it makes sense to educate yourself what options are best for you. We are completely transparent in how we make our offers and want you to understand how we operate.
Find out if selling your Sacramento house for cash is the best option for you…
How We Make Our Offers To Buy Your CA Home
It is in our interest to give you the highest offer possible.
It is our business to buy as many houses as we can. We do not want to waste our time making offers which are not accepted.
We make more profit by making offers which are accepted. In short, we do not want to waste your time or our time with unrealistic low ball offers. We know the higher the offer the more likely it will be accepted.
We put the time into our analysis, knowing the local market, driving the area and working with contractors to understand and refine our renovation costs. You benefit from our knowledge and experience.
Some of these terms need a quick explanation…
In other words (a simple translation)…
Your offer will be:
The market value of the house less all the cost of repairs (including our profit)
Let’s say we look at a house that is in good condition but needs some work.
We get the price a property could sell for if it was in its best condition.
This might mean fresh paint, new flooring, updated kitchen and bathroom or maybe a new roof.
After analyzing it we determine that the price of this renovated property or the ARV would be
$440k
We then price the work needed and allow a renovation budget of
$70k
We allow carrying costs of (approximately 10% of ARV)
$44k
We allow for our margin of profit to make the deal work, let’s say
$55k
Recalling our formula…
Your offer = [ARV] – [Renovation costs]- [Carrying Costs] – [Our margin]
Your offer = 440k – 90k – 44k – 55k
Your offer = 251k
Analyzing the offer
Let’s say the actual value of the property (without any improvement) was $277k.
The decision becomes whether to try for 277k and list with an Agent.
Or
Accept a quick guaranteed offer for 251k.
This is not an easy decision as agent’s commissions could cost slightly more then 16k (or about 6%) which would leave approximately 261k. In addition, it may take 3-6 months to get an offer and even then nothing is guaranteed.
Decisions, decisions…
But wait…!
What if the costs of repairs were only 60k (and not 90k)?
Now things become really interesting
Recalling our formula…
Your offer = [ARV] – [Renovation costs]- [Carrying Costs] – [Our margin]
Your offer = 440k – 60k – 44k – 55k
Your offer = 281k!!
Yes, you read that correctly – that’s 20k more then you would get if you listed with an agent (remember you would only get 261k after paying agent’s commissions)
GET YOUR FREE OFFER
Why our offers are better.
Everyone says this but we will believe you will do better with our offer:
1. We base our offers on the fixed up version of your house. We just run the numbers and give you your offer.
2. We want to do as many deals as we can – we want to give you the highest offer we can so that we can get onto our next project. We do not waste your time or our time.