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 House Buying Process Work?
You communicate the details of your property to us.
You communicate the details of your property to us. We get in touch with you to schedule a meeting at your earliest convenience.
We get in touch with you to schedule a meeting at your earliest convenience. We make you a decent, no-obligation offer.
We make you a decent, no-obligation offer. If you accept our offer, we can close within days, on the date of your choosing.
If you accept our offer, we can close within days, on the date of your choosing.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.
We Make Home Sales Simple, Fast and 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
- How does our home buying process work?
- What formula do you use to calculate an offer?
- What factors are considered for your cash offer?
- What details do you look at when purchasing a house?
- How long does the whole process take?
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.
- Fill out the property form above with info about your property. Or you can place a call to our team via our mobile number.
- Our team will begin working on your cash offer as soon as we receive your property information. Our offers are free, and we do not impose any obligations when making our offers.
- Suppose our offer appeals to you or makes sense in your circumstance, great! We'll immediately focus on documenting the title change and closing the sale. However, if you have any further questions or concerns, we are always happy to address them.
That’s all there is to the Sell Your House Fast Florida buying process!
What 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:- What is your timeframe for the sale of your house?
- What is your reason for wanting to sell your house?
- What is the current state of your house?
- What do you consider the value of your house?
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 – MIN PROFIT = YOUR CASH OFFER
ARV
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.
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
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.
MINIMUM PROFIT
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?
- Condition: What repair work is required to bring the home up to its ARV? The foundation, roof, electrical, plumbing, HVAC, kitchen, bathrooms, and flooring are all things we look at.
- Situation: We are also interested in the circumstances of the sale. We want to know the timeframe you have in mind for sale, if there is the presence or otherwise of code violations or tax liens, and if the property is probate. We'd also be interested in knowing if the property is a rental, as rental properties with problematic tenants can be expensive to vacate. Homes in rural areas, too, can be burdened with labor challenges.
- Mortgage: What is the amount owed on your mortgage? If basically a win-win situation if you get to keep some cash after settling your mortgage. We can help you if a large part of your mortgage is still outstanding. Though, you must be willing to consider alternative solutions.
- Tenants: Problematic tenants can be a pain. They cost a lot in terms of finances and the time needed to evict. It sometimes takes a year to evict a bad tenant, and that's time you most likely cannot afford. But since we have a wealth of experience dealing with them, we'll move them out of the property in good time. And in doing this, we often factor in the responsiveness and willingness of the tenant to collaborate.
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.
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.