How Can I Sell My House Fast for Cash in Rhode Island?
Our Cash Offers Are Determined By The Market Value Of Your Home After Repairs!
The cash offer for your house is an important question, and we’re here to provide clarity. On this page, we’ll walk you through the entire process of selling your home for cash. First, you'll get a quick overview, followed by a detailed breakdown of a recent offer made to a homeowner just like you.
How Can I Quickly Sell My Home
Our home-buying process is simple as you can see below.
1 Fill Out The Form
Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful.
2 Schedule Your Appointment
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
3 Pick A Closing Date
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
It is that Simple
Dave of Rhody Homebuyers is a gentleman and a professional, who was true to his word and went above and beyond to ensure his seller (me) was more than pleased with the transaction. I highly recommend this company.
-Captain John
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The Offer:
Our offers are based on the After Repaired Value of your house. This way we can make the highest fair offers for your house where we can walk away with our profits, and you with the cash you need.
Here is a breakdown of how the offer is generated.
[Your Offer] = [After Repair Value] - [Cost Of Repairs] - [Our Selling Costs] - [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
We Determine The After Repairs-Market Value Of Your House.
After-Repairs Value (ARV): simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
2
We Calculate The Cost of Repairs
The Cost of Repairs: is how much it would cost the US to renovate the house and make it look spectacular, ready for the market. We strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
3
We Determine Our Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need to be able to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4
We Take Out Our Profits
Our Profits are reasonable. This is a business and without profit we wouldn't be able to buy houses, pay our contractors, and plumbers, etc. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers and we'd be out of business!)
Simply put, it all boils down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).