HOW IT WORKS – Ready Eddy Cash Offer

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.

Get In Touch

Call us at (213) 645-2029 or fill out our short form, and we’ll reach out within hours to learn about your house.

Receive Your Offer

After doing a quick walkthrough, we present you with a fair cash offer with no obligation and no pressure.

Get Your Cash

You pick your closing date, we handle the paperwork, and you walk away with cash in hand.

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.

We’re Here To Help Homeowners

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 Offers 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!

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.

Selling The Simple Way With Ready Eddy Cash Offer

Selling your property through traditional methods can be a time-consuming and stressful experience, especially when you’re facing a tight deadline or dealing with a complex situation. The traditional home-selling process often involves extensive preparation, lengthy listing periods, inspections, buyer financing delays, and ongoing negotiations that can create unexpected setbacks. Skip the hassle and choose a faster, more convenient way to sell your home. Complete the form below or call (213) 645-2029 today to receive a fast, fair, and transparent cash offer for your property.