How Do I Sell My House In Texas For Cash?
Our Cash Offers Are Based On The After Repair Market Value Of Your House!
How much cash we offer for your house is obviously a big question you’d like answered. Here on this page, we will explain the entire process, how we buy houses in cash, first through a quick overview, then followed by a more detailed actual breakdown of an offer we have recently made a homeowner just like you.
“They Are Very Good At What They Do.”
“Elsie was frustrated with the property maintenance, upkeep, and cost. She no longer needed that size of a home and the running cost involved with maintaining the home. Facing the day-to-day financial stress of having to carry the cost of such a home she decided to simplify and not continue worrying about expensive house payments. We were able to close on the home sale with cash preventing her from facing foreclosure, she instantly received a sense of relief.”
Elsie Lucas - Houston, Texas
How The Process Works
Our Home-Buying Process Is Simple As You Can See Below.
1
Request your offer online – no prep work or showings.
It’s quick, easy, and obligation-free! Tell us about your house. No home visit is necessary!
2
We present you with your fair, all-cash offer.
If for some reason we can’t present you a cash offer today, we’ll discuss the best method to proceed.
3
Schedule your hassle-free closing and get paid in as little as 7 days!
You can close in as little as one week (or on your schedule).
Timeframe: Once we get your info, we’re usually able to make you a fair all-cash offer within 7 minutes over the phone. From there, we close on your schedule.
Our Fair Cash Offer Process
Dear Mr./Mrs. Seller –
I hope this online letter finds you well
As I understand it, you have been tasked with an important decision to sell your home and most importantly are looking for whether or not selling to a “home buyer” is a true option or even a fair process… Sounds about right?
Ok…
My goal for this note is to help you, only you and your loved ones make an informed decision very well knowingly we will most likely not do business together.
I’d recommend printing this and going over it with in detail before wasting your time any further filling forms online or having anxiety about the issue and most importantly before signing any contracts.
First, let’s talk about the 2 key anchors when selling a home “As Is” without repairs or agents in a timeline.
We are not holding anything back here…
Whether you had decided to fix and sell the home or another investor may take that risk for a profit the 2 key numbers are the following:
1. After Repair Value – This is better known as “Showroom Condition”, updated and repaired.
2. Updates and Repairs Costs – This what would be required to be done in the home to meet that “showroom condition” value, not what “our opinion” may be.
Whether we like it or not there are simply no shortcuts to these 2 numbers, since no one is really in the “money losing” business.
You can gain time and convenience in exchange for an “As Is” Cash Sale with some room for a potential profit.
As “Home Buyers” we provide a cash out sale or solution in exchange for time and convenience for a discount as you may know.
More on the exact numbers below but stick with me here…
AFTER REPAIR “SHOWROOM CONDITION” VALUE
If we prepare a detailed estimated breakdown of the costs associated with getting the property into showroom condition from what you have shared…
The property needs to look like your best comparable home that has recently sold. Pictures attached of an example, it was probably updated top to bottom.
Updated Showers
Updated Bathrooms
Updated Kitchen with Open Concept
Updated Countertops
Attached is a CMA (Comparative Market Analysis) example of what we would hope would support a sale of the home with some caution.
This puts this example for us at $165/sqft x 1,328 sqft = After Repair Value ~ $219,000 Retail Sales Value … Ok, now that we have that important number let’s talk about repairs and updates. Updates and Repairs Attached is a detailed breakdown of what we would need to do to the home and I would add a 5% Contingency as there is always something that comes up. The updates and repairs come up to be $47k, including the foundation repairs and contingency.
Big ticket items like Foundation, Kitchen, Bathrooms, HVAC , Roof would need to be accounted for…
You may now wonder…. ok what does that matter to me?
Well, let me break down the REALISTIC options… not “pie in the sky” scenarios that will probably be a struggle to get to the closing table or even leave you hanging just before your closing date.
As I mentioned I don’t think we may be a fit, but if we think about this practically to make sure you get closed by the established date a home buyer should not pay more than what you would net if you were to do all of this work yourself?
Does that make sense?
If not, no need to keep reading.
If that makes sense to you, this will help you gauge who is a true realistic buyer and who is an “amateur wholesaler” (more on that in a bit.)
Here is a breakdown of what you would otherwise net if you would do all of this yourself may be a bit more or less but gives you an educated amount. It comes down to be $138,873 after all normal fees anybody responsible enough to invest $47,000 into a home would account for to make sure it is worth it.
Now that we have that number, whoever offered you above that amount and is not willing to at least put in $2k Non-Refundable Earnest Money Deposit at Escrow…
I would run away because again we are not playing games here we are talking about getting your sale settled on time.
Avoid Cash House Buyers Scams
INFLATED WHOLESALER HIGH CASH OFFERS
As cash home buyers we need to purchase the property, renovate and resell so all of the costs have to be accounted if you want the highest market sales price then invest in repairs and list the home, beware of inflated cash offers from “we buy houses” companies that are only looking to re-trade as close as possible to the closing date. We provide a Fair Cash Offer and transparent process.
FAKE ONLINE REVIEWS
Many online “Sell My House Fast” Companies have “blurry” and unlinked customer reviews… Any legitimate business that uses reviews should be traceable good or bad. As a legitimate home buying service always make sure it is not just an “image” on a “we buy houses website” video testimonials of real people are vital. Click here to see some of our reviews including video.
EARNEST MONEY DEPOSIT
This should be delivered to the title company or attorney within 2 business days from signed contract, if not beware this buyer is in default and will probably not close you may be free to explore other options seek legal advice.
Move On House Buyers wants to buy your house or property, no matter what condition the house is in or what situation you may be facing. A Move On Cash Offer does not require repairs or extensive clean-ups. If you need to sell your house fast, we can make you an all-cash offer in as little as 7 minutes over the phone.
When you work with us, we guarantee no repairs, no inspections, no fees, and no commissions like there are when you list your house with a traditional agent. This guarantee means there are no extra costs to you when you sell to us!
We’ll buy your house no matter what your situation. Even if you’re behind on your mortgage, have liens against the property, or can’t afford to pay for expensive repairs, Move On House Buyers wants to buy your house today.
Ok So Where Does That Leave Us?
Simple:
1
Do It Yourself Wholesaler Vetting
Just as you are (and I would too) vetting real estate house buyers, doing the showings etc you will reach however many you can… a portion of those will be qualified some others will not. You may or may not get a successful cash home buyer but worse would be to waste your time with a “bad wholesaler”…. These are folks that just want to contract your home. They place “And/Or Assigns” in their Buyer Name… do not have Proof of Funds etc. We do have a “Best Cash Offer Guarantee” review process where we can review with you the offers at hand to give you an unbiased opinion… you would not believe the things we come across.
2
Off Market Wholesale Listing
We do have access to over 2 Million Vetted Cash Home Buyers nationwide and within 1 Mile we already have multiple on standby (Proof Below) in your local market, some of these may pay more than us for different reasons such as they are hedge funds or companies that are not consumer facing so we provide them off market houses and can speak their “language”. We vet them and push them to a close and make a fee known as an Assignment. This is what lead generation websites do for the most part but we do it with a white glove service at NO COST TO YOU! We can get into escrow with a validated buyer with our network and exposure rather quickly and most importantly not be dragged along for nothing. This usually takes us 7 Days to lock in a vetted buyer in escrow.
3
Open Escrow with a Move On Cash Offer
Start packing because it is happening, we would just need to confirm the condition of the home and complete the title work and due diligence promptly.