The Win-Win Advantage of Cash Offers
Consider this: You own a property in significant disrepair, which limits your options for selling. With the house’s condition, banks are unlikely to approve loans against it, making listing it for sale nearly impossible.
Let’s assume the house, in its current state, is worth $100,000. However, with an additional $100,000 in renovations, it could potentially sell for $280,000. Unfortunately, taking on the responsibility of repairs, from financing to coordinating contractors and handling the stress of construction, isn’t feasible for everyone.
This is where cash buyers, like us, can step in. We might offer $150,000 for your home—$50,000 more than its current “as-is” market value. From our perspective, we would invest $150,000 for the property and another $100,000 for repairs, totaling $250,000, which would allow us to sell the property for $280,000. After realtor fees, taxes, and closing costs, we would likely make a net profit of approximately $20,000 for our efforts and risk.
In essence, our approach is a partnership. You receive immediate cash based on the After Repair Value (ARV) of your property, and we handle the work and risk of renovations, taking on tasks that most homeowners would find challenging in terms of time, resources, and expertise.
You benefit from receiving more than your home’s current value, we achieve a modest profit, and both parties walk away satisfied. While this structure doesn’t fit every situation, filling out our initial form helps us determine what options may be best suited for your needs and timeline.