How it works
Four steps, and you can stop at any one of them.
The four steps
1. You send us the property details
The form takes a couple of minutes. The more you tell us about the condition and your situation, the more useful our first call will be.
2. We review the property
We look at the property and what is publicly recorded about it before we call, so we are not asking you questions we could have answered ourselves.
3. We talk
One of our advisors walks you through what we see and what we could do. If we can make an offer, we explain how we arrived at the number. If a cash sale is not your best option, we will tell you that too.
4. You decide
If you want to move forward, we put it in writing in a purchase and sale agreement. Nothing is binding until you sign, and you are free to walk away before that.
How we arrive at a number
By the time you hear an offer from us, you should already know how it was built. There are three pieces.
What the house is worth fixed up
The after-repair value — what it would sell for on the open market once the work is done.
What it costs to get there
Repairs, holding the property while the work happens, closing costs on both ends, and the commission when it sells again.
The spread
What an investor needs to make the project worth doing at all.
The honest trade-off
On the retail side — listing with an agent — someone might pay you closer to full market value. But you are paying the commission, you are paying for repairs, you are waiting 60 to 90 days, and you are hoping a buyer’s loan actually closes.
On our side you are trading a percentage of that retail number for speed, certainty and zero work.
Neither one is wrong. They are just two different roads.
What we cannot tell you yet
We cannot give you a price or a closing date before we have looked at the property. Anyone who gives you a firm number before seeing a house is guessing.