How much cash we offer for your house is obviously a big question you’d like answered. Here on this page, we will explain the entire process, how we buy houses in cash, first through a quick overview, then followed by a more detailed actual breakdown of an offer we have recently made a homeowner just like you.
Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful.
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
If you like the offer, fantastic, we can close on your schedule. You get the cash,we get the deed, and everyone is happy!
Here is a breakdown of how the offer is generated.
After-Repairs Value (ARV): simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
The Cost of Repairs: is how much it would cost the US to renovate the house and make it look spectacular, ready for the market. We strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
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.
Our Profits are reasonable. This is a business and without profit we wouldn’t be able to buy houses, pay our contractors, and plumbers, etc. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers and we’d be out of business!)
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).
At 23rd Property Group, we take pride in our nationwide reach, offering our trusted home buying services across the entire country. Whether you’re in a bustling city or a quiet town, we’re here to make selling your house a seamless and stress-free experience. Our dedicated team understands the unique challenges of selling a home, especially when you’re located far away. That’s why we’re committed to providing personalized solutions that meet your needs, no matter where you are.
We buy houses in any condition. Just Fill Out The Form Below To Get Your All Cash Offer Started!
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