How do I sell my house fast in Colorado for cash?
I Offer Fast Cash For You Colorado House With A No Stress Home-Buying Process. Here Is The Process And How It Works…
Tell me about your property in CO, by filling in the form.
I will meet you at the property and go over any questions you may have, then present you with an all-cash offer within 24 hours.
We’ll close at a local reputable title company, cash in your hands, property off your hands!
Get your FREE offer!
We buy houses in ANY CONDITION in Colorado. There are no commissions or fees and no obligation whatsoever. Start the process now...Easy As 
My Cash Buyer House Offers Are Based On The Numbers – NOT How Desperate You Are To Sell… KEEP READING!
This explains the steps involved, but what exactly goes on behind the scenes?
I encourage you to educate yourself before you decide that your best option is to sell your home Fast For Cash In Colorado. I have nothing to hide so read on. Find out if selling your Co house fast for cash is the best solution for you. I know many ways to sell a house and will tell you if selling to Seth Buys Houses is NOT in your best interest. I’m not here to take advantage of people. I want to HELP people like you.
My Cash Buyer House Offers Are Based On The Numbers – NOT How Desperate You Are To Sell… KEEP READING!
Here you are wondering “How do I sell my house fast in Colorado for cash?”. You are also wondering if you’ll end up with a lowball offer or how you’re going to get taken advantage of or jerked around. Not with Seth Buys Houses. Many Colorado home-buying companies boast fair offers, offers in 24 hours, and some even give offers without even setting foot in your property. Would you even buy a used car without seeing it?
Believe me, they will not be looking to offer in your favor. Those offers are inflated offers to discourage you to look for more offers from other companies. They will try to have you sign a contract and after the contract is signed they will attempt to lower the offer using the results of an inspection or tell you their “investors” decided to invest in another house or “We’re going a different direction”. DON’T FALL FOR THAT! You’re too smart! This is what some house-buying companies are doing and It’s terrible for you, the homeowner, and quite frankly, it’s wrong! So How IS SethBuysHouses Different?
How I Make Offers To Buy Your Home In Colorado For Cash
It’s In YOUR Best Interest That I Give You My Highest Possible Offer. How can that be?
There are always those that will try to give you the lowest possible offer. This doesn’t make any sense to me and isn’t fair to you. I spend hours doing a CMA (Comparable Market Analysis) so I can get you cash for your home in CO to make sure it’s a FAIR offer. I also spend time and money driving to properties all over Colorado. All these services are 100% FREE to you! No one will accept a low offer and I would have spent so much time, money, and effort for nothing.
How Do I Stay In Business Buying Your Denver House For Cash?
I stay in business by getting offers accepted and the only way to do that is to give offers people are happy with! I truly do my best to give you the highest possible offer I can give.
Cash Offers Are Based On Your Home’s “After Repair Market Value”
This means I look at what the value of your home would be, completely fixed up with high-end finishes. Based on this value I create the offer for you!
How do you calculate the offer? Here’s How It Works:
Here’s a Real example:
Imagine you have a house that you want to sell. (Example by the left)
Now imagine your next-door neighbors have the same house as yours, except for a few upgrades they made. They added granite countertops, a new heater, and a new water heater, painted in and out, and put a new roof on and new flooring.
Now Imagine he sold his house for $420K.
So what?
Well, now I know that if those same upgrades are made to your house (bringing your house to a very similar condition as your neighbor’s house), it would likely be able to sell for $420K.
So I know the Market value of your house if I fixed it up (in this case $420K), and I know the cost of repairs/upgrades. (In the above roughly $50k-$60k)
Now I can make an informed offer. If this offer also works for you, great we close and you get your money at closing! Offers are based on real market numbers, not based on how desperate you may or may not be to sell. This is how you know I am not taking advantage of you. Major companies don’t care about the seller. They care about their company making money and keeping profits high.
The Offer Details:
I highly value honesty and transparency and have no issues sharing with you how exactly I formulate offers.
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 I buy and renovate the house. Just like on HGTV (though they never share the real costs)
Selling Costs: Although I buy houses without involving agents, I do have to use an agent to sell that house again AFTER purchasing it from you and fixing it up. I have to pay agent fees, closing costs, taxes, holding costs, etc. It usually ends up costing me around $40,000-$50,000. NOT INCLUDING THE COST TO FIX IT UP! These are all the fees you do NOT have to pay if you sell your house directly to me. This is usually 10% altogether of the selling price. (Our Selling Cost = Roughly 10% x ARV)
Cost Of Repairs (COR): This is what our cost will be for fixing/updating the house AFTER I purchase it from you.
My Minimum Profit: Yes this IS a business and that requires I pay contractors, plumbers, etc if I didn’t make some sort of profit I would be ironically homeless. However, I keep this to an absolute minimum so I can present you with the highest possible offer. My business model is structured around making multiple deals with a little profit per deal, and not a few deals with a huge profit per deal. This benefits everyone involved and the future buyers always LOVE the house!
WHAT DOES THAT ALL MEAN!?!?
Simplified: The market value of the house (after I fix it up), minus ALL costs involved to get it ready to sell, will be the offer. It’s as simple as that. Now you are an expert at this right? These limits buttress on your question, “How do I sell my house fast in Colorado?”
How About An Example Of A Cash Home Offer?
Let’s take an actual house I recently bought and share with you how it happened. Let’s say this is your house in its current condition:
Not too bad though. OK, it could use some updates but not too shabby.
Now, remember, your neighbor with the exact same house as yours? They put on a new roof, updated the kitchen and bathrooms, put granite in, removed carpets, and put in hardwood flooring. Well, this is what his house looks like after they did the changes:
Well, no wonder it sold for $420K, it is gorgeous! WOW!
In order for me to also be able to sell your house (well, my house after I buy it from you) for $420K, I need to bring your house to the same condition as the house of your neighbor, or better, so that I can also sell it for $420K!
Why?
Because it will not be able to sell in its current state for $420K when all the other houses that are currently for sale in your area look as gorgeous as your neighbor’s. Would you as a buyer be interested in buying a house in lesser condition for $420K when a much nicer house sells for the same price? Of course not!
What’s The House Worth As Is?
OK, if the house after it is completely fixed and updated would sell for $420K, for how much would it sell as is? Let’s say you contacted an agent and she/he says, that your house as is, in its current condition is worth $300K.
I would come to see what potential repairs are needed…
My agent: tells me, that I need granite countertops, because the neighbor across the fence that sold his house for $420K, also has granite, as well as hardwood floors, a new roof, installing new appliances, etc.
My contractor: gives an accurate COR (Cost Of Repairs). The more accurate these numbers the more accurate (and the higher) your offer will be! Let’s say my contractor gives a cost of repairs of $50K
Now I am ready to make you an offer! Here are the numbers:
As-Is Value = $300K
ARV (After Repair Value) = $420K
COR (Cost Of Repairs) = $50K
Our Selling Cost = 10% x $420K = $42K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $420K – $50K – $42K – $40K = $288K
Your Offer = $288K
$288,000 – THAT IS ALSO WHAT YOU TAKE HOME AT THE SALE! No Open Houses, No Showings, No Fixes After Inspection, No Closing Costs or Other Fees!
Through an agent at $300,000, you only take home $6,000 LESS… and it took a lot of showings, open houses, and waiting. A home buyer will also want you to fix things after an inspection which means you would be making even LESS than that. Selling with an agent is not a win for that scenario after all is it?