Frequently Asked Questions

This is a list of frequently asked questions asked by sellers just like you. If your question is not listed please call us at (213) 645-2029 or fill out our contact us form, and we will be happy to answer any questions you may have.

How is using Ready Eddy Cash Offer different from selling my house with the help of a real estate agent?

A Real Estate agent assists you in selling your house by utilizing the Multiple Listing Service (MLS), a valuable marketing tool that exposes your home to numerous potential buyers. Often, this process involves enduring multiple walkthroughs for weeks or even months until the right buyer is found. Upon the sale, you are responsible for paying title fees, closing costs, and the agent’s commission.

In contrast, as cash home buyers, we offer you the option to buy your house quickly for cash or connect you with other buyers who operate in the same manner. After necessary renovations, we place the house back on the market and sell it for a profit. This is how we generate our earnings. By selling to us, you eliminate the need for an agent and the extra costs. We cover inspection and closing costs, do not charge any commission, and provide you with a cash offer. This streamlined approach allows for a quicker sale, reduces hassle, and ensures a smoother process overall.

How do I know this is the best course of action for me?

Choosing an agent to sell your house often leads to a long process that includes inspections, repairs, and a constant stream of people visiting your home. Your initial asking price may change as repair and other expenses are considered, either by you or the buyer.

On the contrary, we carefully evaluate your situation and assume responsibility for all future selling expenses. This enables us to provide you with a fair cash offer and quickly take the burden of selling off your hands.

Nevertheless, even if your house is in turn-key condition, we can still buy your house. Once we assess your property, we will advise you on whether listing with an agent is the better choice for your specific circumstances.

How does it work?

We eliminate the need for intermediaries like realtors, lenders, appraisers, and inspectors, offering you a hassle-free, quick cash purchase for your house, condo, apartment, or land, regardless of its condition or location. It’s as simple as that. Our process begins with conducting a thorough market analysis (CMA) to determine the value of your home once it’s renovated and meets current HGTV standards. Subsequently, we visit the property to assess necessary repairs and evaluate the costs associated with buying and selling your home.

In order for us to sustain our business, we factor in a reasonable profit. However, we strive to keep this profit margin minimal, ensuring that everyone involved benefits from a great deal. Our philosophy prioritizes serving a larger number of individuals with smaller profits, rather than maximizing profit at the expense of homeowners. We take pride in our transparent approach and want you to feel confident about your decision, which is why we provide you with a complete breakdown of the transaction.

By choosing our service, you can avoid expenses, the inconvenience of walkthroughs, open houses, multiple inspections, and lengthy listings with an agent. If you have any additional questions or wish to learn more about our all-cash, as-is transaction, feel free to visit our How it Works page or reach out to us via call or text at (213) 645-2029. Even if purchasing your house doesn’t turn out to be the best option, we are still happy to assist you in selling it!

Why should I choose your company?

We take pride in being honest and transparent with everybody that we work with. We believe in presenting a comprehensive breakdown of every financial aspect using clear-cut mathematics, ensuring that you fully understand the reasons behind our offered price and the profit we anticipate. Rest assured, we strive to provide you with the highest possible cash offer. Moreover, we provide you with a transparent view of the time and money you save by selling your house to us. Honesty and fairness are our guiding principles, leading to an outstanding reputation throughout California-state and the Los Angeles area.

While we typically dont like to brag, we are proud to be Californias most trusted cash homebuyer. We treat our clients with integrity and respect, positioning ourselves as the trusted experts when it comes to purchasing homes for cash in the region. We genuinely care about your timeline, concerns, and preferred terms, and make every effort to present you with an offer that leaves you excited. Whether you reside in Sacramento, San Diego, San Francisco, Riverside, or anywhere else in California, our extensive network of investors and partners allows us to help you with greater ease.

What do you do with my house once you buy it?

Upon purchasing your home, our first step is to renovate, making sure that all repairs and remodeling is completed to bring the house to turnkey condition. Subsequently, we work with a trusted agent to list and sell the property, covering all expenses related to repairs, closing costs, fees, and commission. Finally, we generate a modest profit, which allows us to continue assisting other clients in their seamless house-selling experience. We take pride in our contribution to communities and the economy, as we enhance the value of neighborhoods across the state.

How many houses do you buy?

As cash home buyers, we have the advantage of offering you the best possible price. While our profit margin may be smaller, our extensive client base ensures that it all adds up. This mutually beneficial approach allows everyone to come out as winners, enabling us to assist more individuals and contribute positively to the communities we serve. In the event that we are unable to purchase your house directly, one of our investment partners may step in. We collaborate with seasoned professionals in the house flipping industry, ensuring a seamless and efficient selling experience. Additionally, we engage the services of local reputable attorneys during the closing process, further streamlining the transaction for your convenience and expediency.

How is the price you pay for my house determined?

To begin, we conduct a thorough assessment of the after repair value (ARV) of your house. This entails determining the potential market price once we complete the necessary renovations and repairs following the purchase from you. Our dedicated specialist visits your home to evaluate the repair and refurbishment costs involved.

Additionally, we factor in the selling costs. While you have the advantage of bypassing the need for an agent when selling to us, we still engage an agent to list the house after the purchase. We cover all holding and closing costs, fees, taxes, and commission, which typically amounts to 12.5% of the ARV.

Lastly, we subtract the repair, refurbishment, and selling costs from the ARV, while also adding our minimum profit. This comprehensive calculation enables us to arrive at a fair price that we offer you. Often, this amount is comparable to what you would have received through traditional house selling methods, considering the additional expenses typically incurred when working with an agent. However, with us, you receive the money in cash quicker, without the usual hassles associated with agent involvement and listings. Avoiding the potential months-long process of finding a legitimate buyer, we streamline the transaction for your convenience.

Do you pay a fair price?

Maintaining our reputation and unwavering integrity, we make it a priority to provide you with nothing short of a fair price. We believe in transparency, employing straightforward mathematics to meticulously dissect each aspect of the transaction. By doing so, we ensure that you understand precisely where every dollar is allocated and the rationale behind the price we offer.

The equation we employ involves assessing the market value of your house once repairs and refurbishments are completed after its purchase. We then subtract the expenses associated with those repairs, improvements, and the overall selling process. Incorporating our modest profit into the remaining balance, we arrive at the final cash offer for your house.

Do I need to clean my house before you buy it?

The fantastic news is that there’s no need for you to clean or repair any aspect of your house. Simply leave it in its current condition, and we’ll handle everything after purchasing your home. This convenience is one of the many advantages our clients appreciate when selling to us.

Will you still buy my house if it is in poor condition?

Absolutely! House flipping is a core aspect of our business, and we are fully committed to it. Once we acquire your house, we anticipate making necessary repairs and enhancements to elevate its market value. This way, you are spared the burden of undertaking these tasks yourself, while still being able to obtain a selling price that is comparable to what we offer, without the lengthy complications.

Typically, we require approximately one month to complete the transaction, although in some situations, it can be as quick as two or three weeks. Our primary goal is to simplify the process of selling your house, ensuring a smooth and hassle-free experience for you.

Wouldn’t it be easier to list my house with an agent on MLS?

While there are situations where engaging an agent and listing your property on multiple platforms may seem appealing, it often translates into a long and inconvenient process. Potential buyers continually walk through your home, requiring constant accommodations. Appraisers and inspectors become part of the equation, and you may find yourself paying for repair expenses in order to achieve your desired price.

Though renovation has the potential to increase your asking price, it can quickly become costly, requiring personal financial investment.

Enduring weekends filled with open houses and the constant worry of having to lower your price after weeks or even months of no success can be extremely stressful. Moreover, even after securing a buyer, the closing process can still take several weeks.

We provide an expeditious and worry-free solution that allows you to receive the desired funds for your home in cash, enabling you to quickly move forward with your life.

Will you list my house on the MLS?

No, we do not engage in listing our clients’ houses on the Multiple Listing Service (MLS). We are not agents in the business of connecting you with potential buyers. Rather, we are the buyers ourselves! Together with your feedback, we determine the best price for your house and present it to you. From beginning to end, we handle the entire process. Once we acquire your home, we take care of any necessary repairs and subsequently sell it at a profit. In the meantime, you can swiftly walk away with cash in hand. We provide you with a comprehensive breakdown of the calculations involved, ensuring that you feel confident and satisfied with the outcome.

Should I just list my house with an agent?

Choosing to list your house with an agent can be a smart choice sometimes, depending upon your timeline and the extent of repairs required. However, the conventional approach can sometimes be a source of frustration and stress. The process can stretch out with showings, inspections, and weeks that seem to turn into months before finally securing a buyer. Furthermore, there’s the risk of their financing falling through, returning you back to step one.

If your goal is to sell quickly and avoid any hassles, Ready Eddy Cash Offer is here to help. We offer you the opportunity to obtain cash in hand, meeting your needs and providing a hassle-free experience.

How do I sell my house quickly for cash?

If you search this question on Google for the state of California, you’ll find us prominently featured on the first page. Purchasing houses quickly for cash is our expertise. Our process begins with gathering information about your property and its location, allowing us to determine its highest market value. Following that, we conduct a thorough walkthrough to assess any necessary repairs or renovations. By calculating the costs associated with repairs and selling, and deducting them from the market value, we arrive at a fair offer, which we believe will leave you excited. The best part is that we can close the deal in as little as 21 days, ensuring you have cash in your pocket without enduring the lengthy wait and headaches often associated with finding an agent and listing your house.

Do I have to pay fees and commissions if I work with you?

With us, there are no fees or commissions to worry about since we are not realtors. Instead, we cover those costs when we sell the house after purchasing it from you. Our process for offering a price for your home involves three straightforward steps: evaluating the market value, considering repair and selling expenses along with our profit, and presenting the offer to you. Once you approve the offer, we collaborate to select a closing date and complete the required documentation with the assistance of a trusted local attorney. This streamlined process allows you to sell your house quickly and receive the cash in hand.

Am I obligated to do business with you once I fill out the form?

There is absolutely no obligation to continue working with us once you have filled out the form. Even if we have started the process and you later decide it’s not the right choice for you, there is no cost involved. We are confident that you will appreciate the value we provide, but we respect your decision if you choose not to move forward. Our goal is to assist you in finding a solution that suits your needs.

We understand that you may have some questions, and that’s perfectly normal. To provide you with quick answers, we have compiled a list of commonly asked questions and their corresponding answers. However, if you still have a question that hasn’t been addressed, please feel free to reach out to us. You can give us a call or send us a text (213) 645-2029, and we will gladly provide you with the information you need.

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Get your FREE Guide and then give us a call at (213) 645-2029. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.