We Buy Houses In North Carolina Fast!
The process is easy!
We research the details of your home and start crafting a great offer for you.
We present you with a fair cash offer with no obligation and no fees.
Get the cash you need now. You do NOT have to wait 6 – 12 months to get your house sold.
Sell your house in just a few quick steps. Fill out the form and give us some details about your property. We will reach out to you to schedule an appointment with you to look at the property. The last step is for you to get cash for your house most times we can get you cash in 14 days.
This is how we make our all cash offer for your house with the numbers and by the numbers. With this formula we are 100% transparent with you throughout the entire home selling process.
As-Is Value = $190K
ARV (After Repair Value) = $300K
COR (Cost Of Repairs) = $70K
Our Selling Cost = 10% x $300K = $30K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $70K – $30K – $40K = $160K
Your Offer = $160K
The Offer:
All you math lovers out there, will appreciate this section. We value honesty and transparency. We have no issues sharing with you how exactly we formulate our offers.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
But in order for you to understand this we need to define some terms.
After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house. Yup we are just like your favorite HGTV flipping show.
Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we on the other hand, have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us ;). This is usually 10% all together of selling price. (Our Selling Cost = 10% x ARV)
Our Minimum Profit: Yeah, this IS a business after all, and we wouldn’t be able to stay in business, buy more houses, pay contractors, plumbers etc, if we didn’t make some sort of profit. However, we keep this to an absolute minimum so we can present you with the highest possible offer. See, our business model is structured around making many deals with a little profit per deal, and not a few deals with a huge profit per deal. This benefits all.
“Professional & knowledgeable! That is very important when you are selling your home. He makes the process painless.
I highly recommend Charles! “
Tara L. (Wilmington,NC)
Why should I sell to you vs list with a realtor?
We understand that for some people, listing with a realtor is a better option than selling to us. If we feel that listing with a real estate agent is a better option for you, we will tell you on our initial call. Here are some of the benefits and drawbacks of listing with a realtor compared to selling to us.
Selling to Us |
Traditional home sale |
|
0% | 6% | |
Commissions* | average commissions | |
Selling process |
||
Average days to close a transaction | 7-14 days | 50 days |
Average days to prep and stage home | 0 days | 10 days |
Average number of showings | 1 showing (Just Us) | 20 showings |
Transaction costs |
||
Estimated Real Estate Agent Fees | none | 6% on average is paid by you, the seller |
Who Pays Closing Costs? | None to you we pay closing cost | 2% by you on average the seller |
Inspection & Financing Contingency * | None | Yes up to 15% of sales fall through |
Repairs Needed To Sell Home | none – we pay for all repairs | Negotiated during the inspection period |