How it Works
Our 3 Easy Step Process! No Obligation To Accept.
Tell us about your property by filling out the form below.
We will set a time to see the property then we will present you with an Offer.
If you accept our offer, We will close based on your schedule.
Selling Your Seattle House to us is Simple but if you still have questions about how it works…we understand. Scroll down for the nuts and bolts or give us a call at (253) 289-3773 .
Do you Want The Details?
We pride ourselves on helping people get out of tough home situations. When you submit your information to us we will give you a call to discuss the property and set up a time to see the property.
Some companies will give you an offer over the phone but how can they assess the property accurately without seeing the house? The answer is They Can’t.
We want to give you the highest possible amount for your house. We need to see the house to do this. We can offer more because we take the time to analyze the details to give you the most money possible and still be a win-win for both parties!
Determining The Value
There are a couple of ways to determine the value of your home, Before we meet you at the property we will run a comparative market analysis (CMA) on the property to see what the neighborhood is selling for. We will establish the ARV (after repaired value) based on actual sold comps in the neighborhood to see what our starting point to your offer is.
ARV = Is the After Repaired Value of the home with all areas of the home UPDATED to the current market standard. Just because your home is clean and functional does not mean you will get the best possible offer (highest possible ARV) if it has not been updated in the last 20 years.
The Offer Formula
ARV – Holding Costs – Investor Profit – Repairs = Offer Price
So…now you understand what ARV is and how we define it. Next, we need to determine the necessary repairs. It’s very important to estimate the repairs accurately so we can give you the highest offer possible. In order to give you the best offer possible, we need to see the house to assess repairs very accurately.
Example of Our Analysis:
Let’s say we talk to a seller who needs to sell and we determine the ARV from recently sold comps is $200,000. This is our starting point for the offer.
*Holding Costs: include closing fees, utilities, R/E fee to sell, etc.
We show you what your proceeds will be with a cash sale. We also compare the cash offer price to a traditional realtor sale. Usually, the traditional sale yields a little more money but could take 60 – 240 days to get your money if the remodel is done correctly and the market is favorable.
Wrapping It Up
Once we have come to an agreement on the Cash Offer Amount…we will sign a Purchase And Sale Agreement and begin the closing process. We will open escrow with our Title Company – Modus Title and Escrow and get them the necessary documents to close the sale. Usually, the title company needs the contract, seller information sheet, and survey to close. The title company will schedule our closing date and we will both close. The amount listed on your contract will match the dollar amount on the HUD statement (closing statement). Remember we pay all closing costs for you and there is never a real estate agent fee.
To get started today fill out the form below and we will be in touch!