How Do I Sell My House Fast For Cash?
Our Cash Offers Are Based On The After Repair Market Value Of Your House!
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, then followed by a more detailed actual breakdown of an offer we have recently made a homeowner just like you.
How Can I Quickly Sell My Home
Our home-buying process is simple as you can see below.
1 Fill Out The Form
Get Your Offer Started by filling out your information and the property you want to sell.
2 Schedule Your Appointment
During the appointment, we will find out how much it would cost us. We now know how much money we would sell it for, and how much it cost us to sell it. Based on these numbers we present you an offer that is fair.
3 Pick A Closing Date
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
We Make It Simple
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
We Determine The After Repairs-Market Value Of Your House.
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.
2
We Calculate The Cost of Repairs
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.
3
We Determine Our 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, we 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. This normally totals about 10%.
4
We Take Out Our Profits
Our Profits are reasonable. This is a business and without profit we wouldn't be able to buy houses, pay our contractors, and most importantly to continue more sellers that need our help! 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!)
Simply put, it all boils down to this simple concept:
[After Repair Value] – [Repair Cost] – [Selling Cost] – [Minimum Profit] = Your Offer
What do the numbers look like?
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After Repair Value (ARV) = $700,000
Repair Cost = $95,000
Selling Cost (ARV x 10%) = $70,000
Our Minimum Profit = $60,000
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Cash Offer = [ARV] – [Repair Cost] – [Selling Cost] – [Profit]
Cash Offer = $700,000 – $95,000 – $70,000 – $60,000
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Total Cash Offer = $475,000
Get Your Offer Started
Today
Our Service Areas: Buying Houses in Other States!
At Semi Homes, we take pride in our nationwide reach, offering our trusted home buying services across the entire country. We're here to make selling your house an easy and stress-free experience. Our team understands the different problems of selling a home, especially when you're located far away. That's why we want to provide a custom solution that meet your needs, no matter where you are.