How we work
We buy houses in ANY CONDITION in California. Pay no fees and no commissions. Our offers are 100% free to you.
How Our Buying Process Works
You tell us about your property
We contact you for a quick appointment
We write you a fair, no-obligation offer
If you accept, we can close in as little as 7 days
What to expect and when: Once we have your property address, we can usually provide you with a cash offer within 24 hours. We can sometimes make an offer in as little as 8 minutes! In order to get the fastest possible offer, be ready with pictures so we can see the condition of the home. Once you accept our offer, we try to close quickly. It can take on average from 3 to 30 days to get the cash in your hand.
Selling Your Home is now Quick & Simple
We buy houses in ALL of California. We are not Realtors. We do not list homes on the MLS. As home investors, we are actually the ones buying your house. We also pay cash, which means we can close fast. If you work with us, you get 100% of our offer. There are no fees, commissions, or closing costs.
Selling to us is the opposite of selling with a real estate agent. We buy houses as-is and we close fast. We buy properties that are distressed and we resolve any issues and any repairs. There is no money out of your pocket. We even buy hoarder houses.
How do we buy houses?
How the home buying process works Getting a cash offer in three very simple steps. A cash offer for your house is very easy to get, easier than you are led to believe!We buy houses, that’s it. No agents, no fees, and no repairs. Here is our easy three-step house selling process.
You might have a few important questions about the process. These could be related to how we buy houses in cash and how it works.
Here are the most frequently asked questions:
Keep reading for the answers to these questions and more.
How does our buying process work?
Our process is designed to be simple. We provide you with a FREE cash offer with absolutely zero conditions! Here is our process, simplified.
That’s all there is when it comes to receiving a cash offer!
What do we consider when we buy houses?
Our team is experienced in assessing your house’s value and we always provide the best quote in the market. We know how much your home means to you and we aim to give you your best offer.
To provide you with the best offer, our team needs to take a look at some of your urgent needs:
When you provide the answer to these questions, we will finalize our cash offer. No two houses come with the same conditions and we do our best to look at the situation and give you a strong quote.
How do we calculate a cash offer?
We are well aware of the question that has been plaguing you since the start; “How much will I get for my house?” If you have made it all the way here, you will want to know the answer right away. However, there are a few steps involved and once you understand these steps, you will get your answer. So let us look at a proper breakdown of how much we can pay for your house.
Our Home Buying Formula
Firstly, we use a formula to simplify things. Our formula uses four factors and we’ll cover each part. But, first let us look at the formula itself:
ARV – REPAIRS – TRANSACTION COST – MINIMUM PROFIT = YOUR CASH OFFER
To explain further, ARV is the After Repair Value. This is the value of your home if there is no deferred maintenance and no repairs needed. It is the retail value of your house if the condition is move-in ready and shows well to prospective buyers.
The repairs that a home requires to fetch ARV are subjective at best. The scope of work is not always easy to discover either. Sometimes, when changing flooring, foundation issues are discovered. When we remodel a bathroom, we may find plumbing issues. We work hard to inspect a home before we buy it, in order to mitigate our risk and to give a better offer. The more confident we are on the repairs, the more we can offer. Worst case scenario, we have to add some ‘maybes’ into our offer, so we can plan some extra work ‘to be discovered’.
There are many transaction costs, but they can be grouped into major categories. We have loan costs, which are paid to our lender. This would be 2-5% of our total costs on each rehab. The loan costs include loan origination fees and monthly loan payments, which are interest only. Realtor fees usually average 5%, of which half of that goes to the buyers agent. When everything is added up, transactions costs are estimated at 15% of our total cost.
Naturally, we have to make money to continue our marketing and support our families. Our profit on our flips can range, but we always hope for 15% profit. This gives us some price protection as well. If we go over budget and still make 10%, we are ok. One major surprise can wipe out half of our profit, so we have to be cautious. We can’t always get an accurate repair estimate, especially in hoarder situations. We always use conservative numbers, but our profit estimate of 15% alleviates the stress of not knowing everything when we buy.
YOUR CASH OFFER
Once we add up our transaction costs and combine that with our minimum profit, we get about 30% between those two. So, an easy simplification of our formula is ARV – 30% – Repairs = Your Cash. Our offers are always firm and never have anything hidden in them. What we offer you is what you get. We pay for everything and you get a check for that full amount. This is the appeal of selling for cash.
See what we can offer you for your house…
What details do we look at?
How long does the process take?
We close as fast as we can! We try to anticipate obstacles to this and we address any issues as they arise. We work tirelessly to deliver on our promise to close fast.
Once you accept our offer, we get to work. We collect everything required by the title company. This includes our agreement to purchase and our EMD (Earnest Money Deposit).We address any issues that we are aware of at that time. We want to anticipate any issues before they can cause a delay in closing fast.
The title company works to confirm that the title is clear and transferable. If there are any issues with title, they will need to be resolved before we can close. On our end, we secure our funding and conduct any inspections on the property. We may bring a few partners and contractors in to confirm the property condition.
The moment you were waiting for arrives! We close on your home and you get your cash! The entire process can take as little as 7 days. The average transaction will close within 14-28 days as a result of issues with title or if we need