How It Works

How Do I Sell My House In Colorado Fast For Cash?

I Offer Cash For Your CO House Fast.  Here’s How…

 


How Do I Sell My CO House 1

Tell me about your property in CO, by filling in the form below.

 

How Do I Sell My CO House 2

I will meet you at the property and go over any questions you may have, then present you with an all cash offer in 24 hours.

 

How Do I Sell My CO House 3

We’ll close at a local reputable title company, cash in your hands, property off your hands!

 

Easy As   How Do I sell My House In Colorado Fast 123

 

Timeframe: Once I get your info, I’m usually able to make you a fair all-cash offer within 24 hours. From there, I can close as quickly as 7 days… or on your schedule. By eliminating multiple middle people, (agents, banks, inspectors, etc.) and by simply paying cash I can significantly make thinks less complicated. I can truly make selling your house a breeze.


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 house in CO fast for cash is the best solution for you.


So You Want To Sell Your House Fast For Cash!

… And Still Want A Fantastic Offer!


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 low-ball offer. All Colorado home buying companies boast fair offers, offers in 24 hours, and some even give offers without even setting foot in your property.

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. Don’t Fall For That! This is what major house buying companies are doing. It’s terrible for the homeowner.


How I Make Our Offers To Buy Your CO Home

I Never try to give “LowBall” Offers!


It’s In My Best Interest To 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. I hours doing an analysis so I can get you cash for your home in CO and it’s a FAIR offer. I 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.

So…

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.


My 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 to you!

How do you calculate the offer? Here’s How It Works:

Comps – Repairs – My Profit  =  Your Cash Offer

Here’s a Real example:  House value

How Exactly?

How Do I Sell My CO House 1Imagine you have a house that you want to sell. (Example below)

Sell My House Fast Colorado

How Do I Sell My CO House 2Now 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, a new water heater,  painted in and out, and put a new roof on and new flooring.

How Do I Sell My CO House 3Now Imagine he sold his house for $400K.

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 $400K.

So I know the Market value of your house if I fixed it up (in this case $400K), and I know the cost of repairs/upgrades. (In the above roughly $50k-$60k)

Now I can make an offer that works. 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.

[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 I buy and renovate the house. Just like on HGTV (though they never share the real costs)

Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER I purchase it from you.

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% all together of selling price. (Our Selling Cost = 10% x ARV)

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 fixing it up (including our profits), will be the offer. It’s as simple as that. Now you are an expert at this right?


Want to make sure you understand? How About An Example?

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:

How Do I Sell My House In Colorado Fast For Cash, How it works

 

How Do I Sell My House In Colorado Fast For Cash

Not too bad though. OK it could use a new roof but not too shabby. It is just very outdated and damaged inside.

Now remember, your neighbor with the exact same house as yours? He got 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 he did the changes:

 

Well, no wonder it sold it for $400K, 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 $400K, 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 $400K!

Why?

Because it will not be able to sell in its current state for $400K 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 $400K when a much nicer house sells for the same price? Of course not!

So an obvious next question you’d ask, would be:


OK, if the house after it is completely fixed and updated would sell for $400K, 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 in, sometimes with my contractor, 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 $400K, also has granite, as well as hardwood floors, 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 $70K


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


Analyzing The Offer

So, the house is worth $300K as is,  meaning if you listed it with an agent you could sell it for $300K. Yet after 6% agent fees and closing costs you would probably get $6,000 LESS than my offer at about $282K for it, after it will be on the market for 3-6 months! And no one can guarantee the house will actually sell.

So now you have to make a decision.

Sell it for a guaranteed sale for $288K in as little as 7-20 days, or a “maybe sale” with inspection contingencies, loan approvals, and appraisal for $282K hopefully within 3 – 6 months.


BUT WAIT!!!

What If The Cost Of Repairs Was $30K Instead Of $50K?


Now things get interesting! Now the offer becomes:

As-Is Value = $300K

ARV (After Repair Value) = $420K

COR (Cost Of Repairs) = $30K

Our Selling Cost = 10% x $420K = $42K 

Let’s say Our Minimum Profit For This Purchase = $40K

[Your Offer] =  [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]

Your Offer = $420K – $30K -$42K – $40K = $308K

That is $26,000 MORE than what you would have gotten selling as is conventionally through an agent! My offers are based on the numbers, not on how desperate you are to sell.

 


Why my Offers Are Better.

 

Everyone says their offers are better, but I know I’m right.

I know it’s a better offer and you can be excited to sell, knowing your house will be passed on to someone who will love the new look.

Here is where the cost of repairs comes in. If I can keep the cost of repairs down, I can give you more cash for your CO house, as previously explained using the equation above.

I try to do as much work myself so that I do not have to pay expensive contractors to do everything.

Why do I go out of the way to give you the highest possible offer?

Well, think about it! If I can offer you more than the competitors can, you will sell to me. And that is not only what I want, but also what’s best for YOU. The more houses I buy the more support I can give to NGOs and Local Non-Profits.


Can you really pay cash?

Yes! However, I don’t have an unlimited supply of cash (though that would be nice ). So sometimes I bring in a funding partner to help with the purchase.  Either way, you receive cash for your property.  No banks, no hassle.

Can you really close fast?

Yes! Because it’s a cash transaction, and there’s no waiting 45-60 days for bank approval, I can close fast.  The one thing out of my hands is how long it takes for a title search.  Title companies can get busy, but I ask them to expedite the search.

Do I have to sell my house super cheap?

Not at all.  I have creative ways to buy your house without you giving up your equity.  Sometimes I can buy close to full price.  Don’t hesitate to ask us how. Call Seth at, (720) 307-2625 or fill out the form.

Is this a scam?

Everything is legal and above board.  I do all closings through a local escrow company, so all transactions are done through an independent third party.  SethBuysHouses LLC is registered with the State of Colorado.  Also, read what others have said about doing business with us.

See what I can offer you for your house…

Send some basic details about your house to get started ›

Selling Your House Can Be A Quick And Simple Process

SethBuysHouses buys houses in and around Denver as well as all around Colorado. I’m not listing your house… I’m actually the ones buying your house. Because I pay cash, I’m able to close quickly… or on your schedule. Like I’ve mentioned, when you work with us there are no fees… like there are when you list your house with an agent. What this means to you is you don’t have to worry about extra costs, having to come out of pocket to sell your house fast, or even getting your house ready for a sale (I’ll buy your house as-is).

Don’t worry about repairing or cleaning up your property. I’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location.