How To Sell My House in Dallas Texas Fast For Cash? - Explained In A Few Minutes
Our As-is, Cash Offers Are Based On The After Repair Market Value Of Your House!
How much we offer for your home is crucial question you’d like answered. . On this page, we’ll do just that! We’ll guide you through the entire process of how we purchase houses in cash. We’ll start with a brief overview and then delve into a detailed breakdown of an offer we recently extended to a homeowner similar to you.
We Strive To Make The House Selling Process Easy & Seamless
By eliminating banks and other financial institutions, along with their rigorous regulations, approvals, and inspections, we can significantly streamline and expedite the house buying process.
Our Home-Buying Process Is Simple As You Can See Below.
1 Fill Out The Form
Tell us about your property. It’s easy & free! Upon receiving your information, we determine the market value of your house as if it were freshly renovated with brand-new features, all repairs completed, in a clean, updated condition.
2 Schedule Your Appointment
We will call to schedule your appointment and have a quick conversation about your property and need to sell. From the appointment, we will be able to calculate the expenses involved for us to fix up the home. With a clear understanding of both the potential selling price and the costs incurred in the process, we generate a fair offer for you.
3 Close With A Reputable Title Company
If you like the offer, fantastic! We’ll close on your schedule, ensuring a smooth process where you get the cash, and we get the deed. Simple, fast, and stress-free. And who knows, we might even share a laugh like me and this happy seller!
It is that Simple
I had a title issue, that they were able to fix for me and still the entire process only lasted 5 weeks, from calling them up to my check in hand. Love it!
Michael Haws - Arlington, TX
The Offer:
Our offers are based on the After Repaired Value of your house. This way we can make the highest fair offers for your house where we can walk away with our profits, and you with the cash you need. Here is a breakdown of how the offer is generated.
[Your Offer] = [After Repair Value] - [Cost Of Repairs] - [Our Selling Costs] - [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
Determining Your House’s After Repairs-Market Value
We assess the After-Repairs Value (ARV), which is essentially the potential worth of your home after undergoing a complete renovation in line with current market standards. Comparable to the transformations showcased on your favorite HGTV show, your offer is intricately tied to this value.
2
Calculating Renovation Costs
The Cost of Repairs involves a comprehensive evaluation of all expenses required to restore your property, extending beyond mere cosmetic enhancements. From structural improvements to addressing mechanical issues and rectifying code violations, we’ll calculate the investment needed to transform your house into a market-ready gem(Without over improving). Our commitment goes beyond surface-level improvements, encompassing all aspects of renovation to maximize the property’s value and ensure a substantial offer for you, while allowing for a fair profit margin for our business operations.
3
Evaluating Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need to be able to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4
Factoring in Our Profits
Our profits are reasonable and essential for sustaining our business operations. As with any business, without a margin of profit, sustaining essential functions, such as purchasing houses and compensating contractors, would be impractical. Be assured, our profit margins are fair, and our commitment remains steadfast in prioritizing the highest possible offers to ensure the success and longevity of our business.
Simply put, it all boils down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).
What Type Of Properties Do We LOVE To Buy?
Here’s some examples of the what we purchase weekly in DFW
Not In The Best Location.
Houses So “Ugly” Agents Won’t Go Near Them.
Needs To Be Sold FAST!
Fire, Water Or Mold Damaged.
Seller Doesn’t Want To List Or Work With An Agent.
Tired Landlords.
Get Your Offer Started
Today
“ Brandi at TX Home Buying Pros was my rock through the entire process. Selling my house in a tough situation felt less overwhelming with her support. Their fair offer provided much-needed relief during a challenging chapter.“
Case Study
Let’s say this is the condition of your current home. It’s not the worst but needs some love to reach it’s full potential (and the market value of your comps.)
Your neighbor just sold her house for $300K but only after major renovations: new floors, a renovated kitchen and bathrooms, a new roof, plumbing, and electrical work. If you’re here, it’s likely you don’t have the funds, time, or energy to handle such extensive repairs and deal with contractors.
To get $300K for your home, cash buyers like us need to invest substantially in renovations to match your neighbor’s house. In its current state, your house wouldn’t command $300K. Significant investment is required to bring it to market value.
Let’s Crunch Those Numbers
- As-Is Value = $190K
- ARV (After Repair Value) = $300K
- COR (Cost Of Repairs) = $70K
- Our Selling Cost = 10% x $300K = $30K
- Let’s say Our Minimum Profit For This Purchase = $40K
Your Offer
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $70K – $30K – $40K = $160K
Your Offer = $160K