How it Works Our 3- Step Process
Get started by filling out the secure form below, or give us a call at (336) 715-4418
We give you a call and go over any questions you may have and present you with your no obligation cash offer! You decide to accept or not.
We close on the date of your choosing and you get your cash. It really is that simple!
1. What info will you need from me?
- Your timeline to sell
- Current condition of the property
- The reason you’re selling
The information provided will allow our team to come up with a price that makes sense for everyone. A win-win price is what we’re looking to achieve.
2. Do I immediately receive my cash offer?
Yes, well sort of. As soon as a form is filled out on our website it is immediately sent to our underwriters. As they crunch the numbers you will receive a phone call from on of our team members. By the end of that phone call we GAURAUNTEE one thing of two things.
- An Approval with a written cash offer or
- A Denial with a reason why
80% of the properties that come through our website get approved for an offer. We do this so we do not waste anyone’s time. We make real offers that are at fair market value.
3. Will you just make me a lowball offer?
The short answer is, No. We understand that a ridiculously lowball offer will not make sense and just make people turn away. That’s why we make FAIR offers. We want our sellers to feel it is a WIN-WIN for both parties. Our offer will allow us to have enough room to stay in business while making sure our sellers are satisfied. See below where we go into detail exactly how we come up with our cash offers!
So How Do We Actually Come Up With Our Offer?
We make our cash offer based off 4 things:
ARV (After Repair Value)
The after repair value of the house is what it’s worth on the open market once we are finished renovating it. From this value, we deduct the additional costs listed below to come up with our cash offer.
Cost Of Renovations
The cost of renovations is exactly as it sounds! In order for us to maximize the value of the property, we need to go in and renovate it to look brand new.
Our Selling Costs
This is what it will cost us to sell the property once we have purchased it from you. Although you bypass the costs of agent fees and closing costs when we buy it from you, we on the other hand endure the costs when we resell it. We also have to pay holding costs such as taxes, HOA dues, insurance, etc. Our selling costs come out to be around 10% of the after repair value.
Our Minimum Required Profit
Yes, I know, we have to make a profit in all of this. It is a business after all 😊 We wouldn’t be able to support our family, pay contractors, or continue doing what we do unless we made a profit when reselling houses. However, we keep this to an absolute minimum so we can afford to present you with the best offer possible. Our business model is structured around making many deals with little profit, instead of a few deals with maximum profit. This way it benefits all!
Let’s Put This Into Context…
Our Cash Offer Formula
(After Repair Value) x 75% MINUS (Renovation Costs)
Let’s say your house is worth $250,000 after everything is fixed up and remodeled. And let’s say it needs around $50,000 in repairs. Our cash offer would be calculated like this…
$250k x 75% = $187,500k – $25k in repairs = $162,500 CASH OFFER
Ready For Your Cash Offer?
Feel free to reach us by call/text (336) 715-4418 anytime! Or fill in the secure form below. Our cash offer is 100% free with no obligation to accept, what do you have to lose?
Get An Offer Today, Sell In A Matter Of Days...
Selling to Offer Out vs. Listing it with an Agent
Even in a seller’s market, it’s smart to look at your options to see how you can best reach your goals with the sale of your North Carolina house. While you may be able to get a higher sales price listing with a local agent, that doesn’t always boil down to more money in your pocket or less headache. Dive into the details below to compare your selling options.
| Selling w/ an Agent | SOLD To Offer Out | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Open Escrow & Schedule Closing
Once you’ve decided to work with us, our team will out to sign our simple purchase agreement. Once signed, he will send the paperwork to our attorney for them to start the process.
Review attorneys title/lien search
This is when we review the title work that comes back from the attorney. If nothing comes back, perfect! If something does, we will reach out and come up with a solution. No worries here, we consider ourselves experts in this area and love nothing more than solving complex title issues!
Close On The House & Get Your Cash!
Either come into the attorneys office or close in the comfort of your own home! It’s up to you. This is when the official cash closing of the home takes place and you get to walk away with the weight of getting your home sold off your shoulders!
A real-life example of a house we recently purchased:
5111 Morrell Dr, Winston Salem, NC
The Seller:
Leigh came to us wanting sell her mother’s property. She had fallen into a tough situation when her mom passed away leaving this house for her to maintain. Considering the amount of repairs needed she knew that she had to find another way, a better way.
The House:
The house needed some touch, love, and care. Although the house was not falling apart it definitely needed some modern updates. We updated the whole property from kitchen to master bath and everything in between.
The Details:
We estimated that the cost to fix the property would be around 50K and for us to be able to refinance out of the property at around $250k. We were able to purchase the house for around $92k adding another $50k in rehab costs put our all in costs at about $150K. We rolled our profits into another loan and added the property to our rental portfolio. Win-Win solutions for seller and buyer.
We are very proud of our positive feedback!
Have additional questions for us or want to know how much cash we can pay for your home?
Feel free to reach us by call/text (336) 715-4418 anytime! Or fill in the secure form below. Our cash offer is 100% free with no obligation to accept, what do you have to lose?