What We Consider When We Buy DFW Houses
Meet Nick and Stefan (local DFW home buyers), it’s one of them you’ll talk to about your offer. Their goal is to give you the strongest offer possible so we can buy your DFW area house. To do that, we need to understand your needs. Like…
How quickly do you want to sell
your Dallas house?
Why are you selling?
What’s the condition of the house?
How much do you need for it?
What’s important when you sell?
Getting Cash For Your DFW Area House Is Easier Than You Think! Find Out How Our Professional House Buying Process Works.
We Buy Dallas And Fort Worth Houses – No Real Estate Agents – No Repairs – No Fees
Learn Our 3 Easy Steps To Sell Your DFW House Fast for Cash
You likely have some questions about how it works when we buy houses for cash! Here’s the most common
ones we get:
How does our 3 step DFW home buying process work?
What do we consider to formulate your cash offer?
How do we calculate your cash offer?
What are all the little details when we buy houses?
How long does it take?
Let’s get right to it and answer all your “how it works” questions!
3 Steps To A FREE, No Obligation Cash Offer for Your Dallas Area House
We make the process for you to sell your Dallas home as easy as possible. Here’s how it works when we break it down into 3 simple steps:
Step 1. Fill out this form. Or Call Us at (808) 427-2808
Step 2: Once we get your details, we’ll get right to work evaluating the condition of your house to get you a fair cash offer. Remember, getting an offer is FREE, and there are never any obligations!
Step 3: We’ll call you to give you your no obligation cash offer! We’ll ask you a few questions to understand your situation and structure the best deal possible for you.
That’s it! Getting a cash offer is easy.
Learning about your situation is how we form an offer that’ll work for you since it’s never a “one size fits all” solution with something as daunting as selling your house fast.
How We Calculate Your No Obligation Cash Offer
“So how much am I going to get for my DFW house?” This is usually what everyone is most eager to know. For good reason, you want to get a fair price! So let’s break down how it works when we calculate how much we can pay for your house.
things first: we use a simple formula. There are 4 different parts of the formula and we’ll cover what each parts means and how we calculate them, but let’s first take a look at the overall formula.
The formula we use to make your offer: [ARV] – [Repairs] – [Trans. Costs] –
[Min. Profit] = $$ YOUR OFFER $$
What does this mean??
Let’s break down each of the 4 different figures one by one, starting from the beginning…
Next is the cost of rehabbing the property (“Repairs”). This is what we estimate it would cost for us to fix it up. We like to do quick, in-and-out rehabs that keep our costs low instead of elaborate jobs – which is how we can pay more than the competition.
After that, we take into consideration the transaction costs (“Trans. Cost”). If we’re going to resell the house, we need to make sure we give ourselves room for the commissions, closing costs, and holding fees to come- which is usually about 10% of the ARV.
Lastly, we determine our minimum profit (“Min. Profit”). Real estate is how we support and provide for our family and if we aren’t profitable, we wouldn’t get to stay in business so this is something we must factor in. Our minimum profit is dependent on the purchase price of the home. The higher we pay for a home, the more profit we need to make to offset the risks.
What does this mean??
So we start with what we can potentially resell your DFW house for (“ARV”), then deduct all of the repair costs, deduct the transaction costs minus our profit… what is left is our maximum allowable offer – what we offer you for your house!
All The Little Details Of How It Works
We buy houses in DFW without agents, so you will NOT pay commissions!
We purchase houses in any condition – no matter what’s wrong with the home, you don’t have to fix anything or even clean it.
We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
We pay cash for houses – this way there are no hassles like working with a bank and doing inspections or appraisals.
We can close on your timetable – no matter how fast or slow you need!
We buy DFW area houses “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can pay more for houses if you are willing to take the money over time.