Step 3: A fair cash offer, with the reasoning
Then you get a fair, no-obligation cash offer for the house in the shape it is in right now, and the reasoning that goes with it.
The number starts from what similar houses nearby sell for once they are fixed up. From there come the repairs your house needs, priced from what we saw at the walkthrough. The number also accounts for what it costs to buy, hold, fix and resell the house, and we explain that part too.
We walk you through the main repairs we priced in, and why. Say the roof has a few years left, the HVAC is original and the subfloor by the tub is soft. Those are the things we talk through with you. If you think we got something wrong, tell us and we look at it again.
Behind the scenes, our partner Jennifer Quintanar, a licensed real estate agent with Elite Realty Group, helps us check the numbers. She is one of the licensed real estate professionals we work directly with, and she sits on our side of the table, not yours. If you want someone on your side, ask an attorney or an agent of your own to read the offer.
And we tell you what happens to the house after you sell. Depending on the house, we may renovate it ourselves, or our purchase contract may be assigned to another buyer. Either way, we tell you upfront, in writing, before you sign anything.
Take the time you need. Talk it over with family first if you want. If the number is not right for you, you walk away owing nothing. You never pay us to make an offer.