“I want to sell my house fast for cash, but how does it really work?”
If this is your first time working with a cash home buyer, then you are probably asking yourself this question. Other cash home buying companies might play it close to the chest, and stay silent when you ask them whats in the secret sauce? But at Ready Eddy Cash Offer, you’ll never have to wonder how the home buying process works. We put all of our cards on the table and hold your hand throughout the entire process.
Contact us today to get your offer!đź’°
Sell Your House To Ready Eddy Cash Offer
Curious how the cash home buying process works? Give us a call or send us a text right now at (213) 645-2029 to get your free consultation. Listing your house with a Realtor and selling it the traditional way can cost you time and money. We make things simple by cutting out all of the middlemen (lenders, appraisers, realtors etc.) and paying all cash for your property. As a result we’re able to create a simple and seamless home selling experience.
To get the process started, you can either fill out the form below, or give us a call/text at (213) 645-2029. Once we are able to confirm a few details about your home, we will be able to put together a cash offer for your house.
Sell Your House Fast For Cash Today đź’°
We then schedule a walkthrough at the property to meet with you and answer any questions you may have. After we have all of the information we need, were then able to put together a cash offer for you.
Once we come to an agreement on price and terms, we schedule closing with a local and reputable title company. They are responsible for getting you the cash we agreed upon, and getting us clean and marketable title. It’s really that simple.
We just explained the simple three step selling process, but you might still be wondering whats in the secret sauce? Like we said earlier, we put all of our cards on the table. So if you’re still wondering how it all works, keep reading on. Theres nothing magic about how it works, it just works because were honest about how we do it.
Is selling your house to a cash home buying company the best solution for you?
Were Here To Help You Sell
We know that selling your home isn’t an easy decision. You have many options, and you’re not sure which route to take. You have Realtors making promises they can’t keep, friends recommending ideas that might not make sense, the media sharing misleading information, and buyers making offers without seeing the property – it can be overwhelming and confusing.
That’s why we’re here to simplify the process. We bring over a decade of experience to the home selling industry. We’ve been helping homeowners since 2012, and one thing we’ve learned over the last 11 years is that there isn’t a one-size fits all solution. Were here to help you explore all of your options and figure out which one is the best one for you. We do this because we pride ourselves on honesty and transparency. Our mission statement is people over profits, and we wouldn’t be able to accomplish this if we weren’t committed to putting homeowners first and being honest in all of our dealings.
We Make Our Offer Based On The After Repair Value
In order to determine what our cash offer will be, we do a Comprehensive Market Analysis (CMA) of your property. This is an analysis of your property to determine what the value of the house will be once its completely fixed up and in turnkey condition. In order to determine this we take into account things like market trends, economic conditions, and nearby sales comparables.
Once we have determined what the After Repair Value will be, we then subtract our costs for buying and selling the property. While you won’t have to incur any costs for selling the property to us, we will have to incur those costs when we go to sell the property. These costs include title fees, escrow fees, commissions, transfer taxes, and holding costs among others. Then we take out the amount we will spend on repairs to fix it up to a HGTV type of standard. Lastly we deduct our minimum profit in order to arrive to our cash offer.
Your Offer:
Below is a visual representation of how we come up with our numbers, because when we present our cash offer to you, we want you to know exactly how we arrived at our price. No secrets, no games, no hidden fees. Just a straightforward offer – the way business should be done.
[Your Offer] = [After Repair Value] – [Our Selling Costs] – [Repair Costs] – [Our Minimum Profit]
This is the formula we use to make your offer along with an explanation of how we calculate each figure.
After Repair Value (ARV): This is the value of your house if it was fixed up to HGTV condition.
Sales Costs: These are costs that we incur as a cash home buyer that include but are not limited to title fees, escrow fees, commissions, transfer taxes etc. This is usually altogether 12.5% of the After Repair Value. (Our sales costs = 12.5% x ARV)
Our Minimum Profit: This is a business, and how we put food on the table. If we did this for free (as much as we enjoy doing it), we wouldn’t be able to do it at all.
That’s all there is to it. Simple and straightforward math. If you’re still confused about the numbers, don’t hesitate to reach out and ask us any questions. We want to make sure that you completely understand our process. We’ll even bring out a whiteboard if we have to!
How It Works (Our Process)
Step 1 We confirm a couple of details about your property. While most of the information we need is public record, we just like to make sure all of the information we have is accurate. Sometimes modifications are made to the property that change the lot size or leasable square footage that aren’t reflected in public record. We just want to make sure everyone is on the same page.
Step 2 We schedule a time to meet at your property. We’re old fashioned, so we want to shake your hand and show you that we’re real. We also want to verify the condition of the property. We understand that you’re busy and we will respect your time. We know that sometimes owners ask us to walk the property ourselves. But we have found that during the inspection we have a lot of questions, that usually only the owner can answer. Which is why we like to schedule the on-site inspection with the homeowner.
Step 3 Tell us when you want to close. Once we come to an agreement on price and terms, we then schedule closing with a local title company. And that’s it! We’ll take care of everything so you no longer have to stress.
We know that we’re not a good fit for everyone. But we also know that sometimes homeowners need to sell fast, and they need to sell fast for cash. They’re in a situation where listing the property on the market isn’t the best route. And theres a myriad of reasons why that could be. Maybe there is a hole in the roof, maybe you live out-of-state, maybe you just inherited this property and don’t know what to do with it? Maybe you need the money for another endeavor, or possibly the are clouds, liens, or judgements on title? Maybe the house has a lot of unpermitted work, or needs a lot of work. Maybe theres squatters that won’t leave, or you’re going through a divorce. Whatever the reason, you can’t afford to wait 4-6 months for the property to sell on the open market.
Time is money, and you don’t have the time – we get it. That is why we provide a much needed solution for homeowners who need fast cash. We take the headache off your hands so you no longer have to stress. Don’t worry about cleaning or fixing the property because we will buy the house as-is.
Selling Your Home Can Be A Quick & Easy Process
Ready Eddy Cash Offer buys houses in and around California (and other areas, too!). We’re not listing your house, we’re actually the ones buying your home. Because we pay cash and are buying your California home directly from you, we’re able to close quickly (or on your schedule).
When you work with us there are no fees and no commissions like there are when you list your house with a traditional agent. You never have to worry about any extra costs to sell your house fast coming out of your pocket, or even getting your house “market-ready” to sell. We want to buy your house as-is.
No matter how ugly or pretty it is and no matter the location, we buy houses in California in any condition.
What does “as-is” mean?
We buy your home as-is, meaning you don’t have to worry about doing repairs, fixing your home up, or getting it ready for showings. We’ll handle all repairs, inspections, and more after we purchase your home. We factor this into our offer, of course, but it saves you the money and the headache associated with getting your home ready to sell.
What does an “all-cash offer” mean?
“All-cash” means exactly that – all cash for your home! Because we are Real Estate investors who are purchasing your home directly, we don’t rely on traditional financing like retail homebuyers. When you sell to us, there’s no risk of the financing falling through, or closing being delayed. When we make you an offer, that’s the full amount you’ll receive at closing.
How fast is a fast closing?
After you send us information about your home, we can make you a no-obligation, fair all-cash offer in as little as 24 hours. Once you accept, we close at a local, reputable title company in as little as 7 days. Compare that to the 30+ days it can take to close when listing your house the traditional way, and the benefits are obvious!
What if I don’t need a fast closing?
At Ready Eddy Cash Offer, we work on your time frame. If you don’t need a fast closing due to the need to make arrangements, explore your future options, etc., we will schedule the closing on the day that works best for you!
Will I get a lowball offer?
Our goal is to provide you with the fairest offer possible. Unlike other buyers or big tech giants, we’re transparent with how we arrive at an offer amount. What we offer is based on what the value of the property may be once we make the necessary improvements and upgrades. We’re entirely transparent with this offer process and happy to walk you through how it works.
Is this even legit?
Yes, it is! The Real Estate industry is rapidly changing, and thousands of Americans are exploring their options when it comes to selling their house in the fastest, easiest, and most transparent way. That’s where we come in. We offer an alternative for those homeowners who may not have the time or ability to list their house on the market for top dollar. We’ll work with you to assess your situation, make you a transparent all-cash offer, and close on your timeline.