sell your house fast florida How We Buy Houses
We help homeowners in Florida sell their property regardless of its condition. We do not require commissions or hidden fees to pay. Our offer is made available to you at no cost.
How Does Our Purchasing Process Work?
You communicate the details of your property to us.
We will get in touch with you to schedule a meeting at your earliest convenience.
We make you a decent, no-obligation offer.
If you find our offer suitable, we can close the deal within seven days, depending on what works for you.
What you need to expect and when: Our transactions are often fast-paced, so you should expect that we will reach out to you only a few minutes after receiving your property details. In most cases, we make offers to our clients 8 minutes after looking at the property. Thus, we advise that you take quality pictures of your home address and send them in together with info about your house. It will help us get a better insight into the state of the property. Once you accept our offer, we will make closing a top priority and ensure that you get paid in good time. Note, though, that payment could take anywhere from 3 to 30 days to get to you. If you need any additional info about how we work, you can also try our faq page.
We Make Home Sales Simple, Fast & Safe
We buy houses all over Florida. We are not real estate agents. So we do not utilize the Multiple Listing Service (MLS) to list properties. We do not list properties at all. We are not out to broker a deal with you on behalf of a buyer. Instead, we, as real estate investors, are interested in buying your home. And indeed, we buy your Florida house without minding its condition. We are more particular about giving you the best sale experience and relieving you of the burden the house has become than the issues associated with the property.
When you sell to us, you enjoy the luxury experience of a great sale. We buy your property without requiring charges, commissions, or anything from you. Instead of charging you, we bear all costs, closing costs included. We also buy all forms of distressed properties, whether hoarder houses or properties needing repair.
How do we purchase houses?
You should know that our home-buying process is achieved in three easy steps. And it all starts with our renowned cash offer. Getting an offer is much easier than you might think. All we need are details of your property, and then we can get a decent offer to you quickly. Don’t forget that we give quotes and close transactions for free.
You must have heard about our straightforward transactions, and you might have questions about how we operate. Check out these questions commonly asked by homeowners.
Here are some FAQs
Keep reading for the answers to these questions and more.
How does our buying process work?
Our buying process aims to make sales as simple as possible. We’re offering you a completely free cash offer void of any obligations! Here’s a simplified version of our procedure.
That’s all there is to the Sell Your House Fast Florida buying process!
What do we consider when we buy houses?
Our team has a wealth of experience figuring out the value of your house, and we will always give you the best deal. We recognize that your property means a lot to you, and we will do our best to ensure that you get a deal that matches your property’s worth.
To provide you with the finest offer possible, however, our team needs to consider some of your pressing demands:
We will proceed to make a cash offer once you have satisfactorily answered these questions. Since no two houses are the same, we do not have a uniform offer for every property. As such, we ensure that we take a critical look at your property’s location, design, and condition before giving a quote.
What formula do you utilize in calculating offers?
“At what price can I sell my house?” is the big question on the mind of every homeowner looking to sell. If you’ve come this far in your quest for a premium sale experience, it’d be in your interest to read this until the end. There are a few steps to calculating a property’s market value. Once you can comprehend them, you’ll have the answer you seek. Take a look.
Our Home Buying Formula
In determining a quote for a property, we are often guided by a formula for ease’s sake. The formula consists of four major elements, which we’ll review individually. Let’s walk through the formula together:
ARV – REPAIRS – TRANSACTION COST – MINIMUM PROFIT = YOUR CASH OFFER
For clarity’s sake, ARV stands for After Repair Value. It reflects the market value of a property at its absolute maximum, based on the local market. In other words, ARV represents your house’s worth if it is in good condition without needing repairs.
This element represents defects in the house that need to be fixed to restore the house to good condition. Since repairs are subjective, figuring out the kind of property one is dealing with is not often straightforward. Some defects might not be visible until the title has changed hands and renovations are in full swing. A pretty good example is an instance where the flawed foundation of a house is not discovered until floorings are ongoing.
It’s cases like these that make buyers and investors run at a loss. So to avoid that, we commit a lot of time and effort to our inspections. We can only provide more services if we are confident in our repairs. In extreme circumstances, we may have to add a few ‘maybes’ to our proposal to make room for undiscovered defects.
Transaction costs in a property sale are numerous. There are loan fees that must, of necessity, be remitted by the investor to the lender and are often 2%-5% of the total cost of renovations. Also, monthly installments on loans accrue as loan origination fees and interests. Then there’s the estate agent’s charge which is 5%, and depending on the number of agents involved, half of it goes to the buyer’s agent. Altogether, transaction fees are expected to be 15% of the final sum.
Naturally, we need to make money to continue our marketing efforts and provide for our families. At the same time, we are obliged to give you a profitable sale. So we exercise caution with our profit margins to ensure that both parties do not lose. Our profit margins vary, but we mostly aim for a 15% profit margin. This profit margin is also our way of ensuring stability in our prices. If we were to go above budget in settling on a 10% profit, we’d still thrive. However, making careless choices with our margin profits will return to haunt us, as a major surprise could wipe out half our gains. When dealing with hoarders, it’s especially difficult to get a precise repair estimate. We always use conservative figures, but our 15% profit estimate relieves the anxiety of not knowing everything before making a purchase.
YOUR CASH OFFER
When we put our transaction costs together with our minimum profit, there is often a 30% difference between both elements. Applying the formula, ARV – 30% – Repairs gives you a definite cash offer on your property. This formula is exactly how we arrive at the figures we offer. You can trust that our offers are reliable and we won’t be springing any surprise fees on you. We make payments for all the costs that accrue and forward a check of the full amount to you. It’s one of the perks of working with Sell Your House Fast Florida.
Take a look at what we have to offer for your home…
What details do we look at?
What’s the estimated timeframe for sale transactions?
We try our best to close sales as soon as possible. We play our part in employing foresight to predict probable hindrances and deal with them when then as they arise. We work our fingers to the bone to keep our promise of a quick closing to all our clients.
As soon as you accept our offer, we’ll get to work on documenting the sale. We compile all the information requested by the title organization handling the documentation. This information includes our purchase agreement as well as our EMD (Earnest Money Deposit). Any issues that come to our attention at the time are addressed immediately. Being aware of potential issues is our way of safeguarding the sale and keeping to the agreed timeframe.
The title company examines the title to ensure that the title is clear and transferable. If there are any issues with the title, we ensure they are concluded as quickly as possible. On our end, we obtain funding and conduct any necessary property inspections. A few partners and contractors may be invited to inspect the property.
The time has finally come for you to see what you’ve been waiting for! We finish the sale of your home, and you get paid! We have no issues completing the sale in as little as seven days. The average transaction takes 10-28 days to complete due to title concerns or the need for additional information.