How Do I Sell My House Fast For Cash?
We Will Offer You Cash For Your House Fast, In Just 3 Easy Steps
Start by getting an INSTANT CASH OFFER on your property. By entering your address and answering just a few questions you will be able to get a No-Obligation Instant Cash Offer on your house in just 90 SECONDS! Don’t worry we never sell or share your information.
Next, we’ll schedule a time to come see your property, either in-person or virtually online. We want to make sure we respect social distancing and ensure you feel safe as we finalize your cash offer.
Once we have inspected the property and come to aggregable terms, we’ll then schedule a closing date that works for your schedule. Whether you want to close immediately or wait a few months, we will work with you to make it happen. We close at a local title company, and we’ll handle the paperwork so it’s stress-free for you.
With just these three steps, you can sell your house fast for cash! It’s that easy. Ocean City Development makes selling your house hassle-free and we can buy your house at whatever speed you need. We want you to sell your house on your own terms and avoid all the unnecessary fees of working with an agent!
So, How Does It Work…
You’ve probably seen plenty of signs around town that say “we buy houses” or you’ve gotten something in the mail from a company that wants to buy your property from you. They all say the same thing – “we buy houses for cash” or “sell your house fast in any condition.” But it can be hard to if they’ll do what they say they’ll do. It can even more confusing if you don’t know how they work.
Exactly how does the “we buy houses for cash” process work? Can it seriously be THAT EASY?
Can it really be that easy? Absolutely! Selling your house fast for cash is an extremely basic process that makes life easy for sellers just like you. You don’t even have to do anything other than let us know. We do the hard work, handle all the documents, and manage the sale process so you don’t have to worry. There’s so much that goes into buying a house for cash, but we’re happy to take on that burden so the entire process is smooth and effortless for you.
That sounds perfect, but I’m still not clear how it works…
We get it. The entire process of selling your house fast for cash can feel a little unclear if you’ve never done it before. You likely have a lot of questions that need to be answered. The good news for you is that we’ve almost certainly heard the questions before so we know the answers you’re looking for. Below you’ll find a list of the most frequently asked questions about how we buy houses and what the process is like for sellers. It’s critical that you know selling your house for cash isn’t always going to be the best option for your situation. That’s why we want to provide you with all the information you need in order to make the best decision for yourself, especially if that’s selling your house for cash.
How do you figure out an offer price to buy my property?
We make our cash offers based on these four criteria
After Repair Value “ARV” of the Property
ARV is the value of your house or property after it has been renovated or redone. You arrive at an ARV by calculating local comparable sales that have sold fully renovated in the general area.
Renovation Cost (Cost of Repairs We Will Make)
After we purchase a house, we usually need to make repairs and upgrades in order to improve its market value and bring it up to code. These kinds of upgrades range from repainting the house to replacing the bathroom tile to adding a back porch to redoing the landscaping, and more.
Our Selling Costs
When the property is ready to be sold again, we know that certain costs are going to come with that process. Remember, you will never have to pay any commissions or fees when you’re selling your house to us. That said, we will almost certainly have to pay some of those costs, including taxes, insurance, HOA fees, and more. So, we need to consider those costs when we make our offer.
Our Minimum Profit
Since we’re a business and we do this to support our employees and families, we have to consider potential profits whenever we buy a house for cash. That said, we want to make sure it’s clear that we try our best to keep our profit to a minimum because we want to make sure we pay you we are paying you as much as we can for your house or property.
Want to see how we calculate our cash offer?
Our Cash Offer = After Repair Value (ARV) – (Renovation Costs + Our Selling Costs + Our Minimum Profit)
For Example – So, let’s say the After Repair Value (ARV) of your property is $300,000 after we’ve renovated it and we had to pay for $45,000 worth of repairs in order to make it market-ready. Here’s how we would calculate our cash offer to you: $300,000 – ($45,000 in repairs + $30,000 in selling costs + $10,000 minimum profit) = Our cash offer would be $215,000.
There you have it! Now you know how we calculate cash offers! Our goal is to always try to make you the best offer possible while also making sure we can take care of our team. Regardless of the housing situation that you’re in, we will promise to make the best offer we can for you and your family. There’s a reason most sellers we work with decide to do so instead of working with a real estate agent because of our simple process and the quality of our cash offer. Just take a look at our reviews and testimonials to see what clients and others are saying about working with us.
I’ve accepted your offer, now what? How long until we close?
Just ask any of the “companies that buy houses” and they will tell you the closing process takes around 2-4 weeks, depending on your unique situation. Of course, that assumes you want to close immediately, though you have the option to move slower if you prefer it. However, regardless of when you want to close on your house, we can work with you to figure out the best day that makes sense for you. Let’s take a look at the step-by-step rundown of the closing process as it happens most often.
Open Escrow & Order Inspections
Once you decide you want to accept our offer and sell your house for cash, we will send the purchase agreement as well as other required paperwork to our local title company. We will also deposit the earnest money. Next, someone from our team will touch base to provide you with all the information you need and let you know if there’s anything else the title company requires. The title company will then order a title and lien search. While that’s happening, we’ll schedule an inspection date that can be done either in-person or virtually.
Timeframe: 24-72 Hours
Address Any Title Or Lien Concerns
Once we have come to an agreement, we need to make sure that we can ensure that title of the house is transfered properly – which is typically a seamless process. If the title company is made aware of any title or lien issues, they’ll ask for additional information so that they can remedy the problems. Once that’s done, the title is likely to be clear and the sale will be able to move forward.
Timeframe: 1-2 Weeks
Scheduling The Closing & Getting You Paid!
Once Step 1 and Step 2 are done, it’s time for us to schedule the closing and get you paid in cash! We can close at the title company or they can send a mobile notary to you at a specific date, whatever feels right for you. Once all of the documents are signed, we’ll wire money to your bank account or we can cut you a check from the title company. Again, it’s entirely up to you. This usually happens the same day that you sign the documents, though it is possible that it can take one business day in some rare instances.
Timeframe: 1-7 days
Why should I sell to you vs list with a realtor?
We can understand that listing your house with a Realtor or real estate agent feels like the best option when selling your house. And to be fair, if we get the sense that listing your house with a real estate agent would earn a better outcome for you, we will certainly let you know that. We want to make sure you get what you need. That said, we do want to highlight some benefits and concerns that come with listing a Realtor compared to when you sell your house for cash to us.
Selling to Ocean City Development
Traditional home sale
Still Have Questions Or Want To Know How Much We Can Pay?
Fill out the form below or give us a call at 781-88-Offer for your FREE cash offer. There is no obligation whatsoever to get an offer from us. What do you have to lose?