How The We Buy Houses Process Works
Timeframe: Once we get your info, we’re usually able to make you a fair all-cash offer within 24 hours. From there, we can close as quickly as 7 days… or on your schedule (sometimes we can have a check in your hand the very same day!).
Selling Your House Can Be A Quick And Simple Process
Total Real Estate Solutions, Inc buys houses in and around Sacramento (and other areas too!). We’re not listing your house… we’re actually the ones buying your house. Because we pay cash, we’re able to close quickly… or on your schedule. Like we’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 (we’ll buy your house as-is). www.SellSacramentoRealestateFast.com
Don’t worry about repairing or cleaning up your property. We’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location.
Selling with us allows you to sell without any of the waiting and uncertainty of when the house will actually sell and when you get your money. I take on the costs and risk hundreds of thousands of my money you’d normally be on the hook for and will sell on your schedule.
Here’s what an offer might look like on a $200,000 home with no repair costs included:
Resale costs of 6%: I pay Realtors to sell your home, just like you would. This covers the typical Realtor commission when I sell.
Holding costs of 6%: These are the holding costs I pay while I own your home, including mortgage interest, taxes, insurance, utilities, HOA dues, gardening etc. Typical holding time is 4 – 6 months.
Market risk 5%: This takes into account the average days on market for similar homes in your neighborhood as well as other factors such as homes that don’t close or fall through.
Seller concessions & closing costs 3%: Seller concessions loan fees, recurring & non-recurring closing costs.
Repair costs: This is the costs to prepare the house to bring full market value. Repair costs are determined after complete home inspection. The average basic costs for paint and flooring is easily $10,000 – $15,000, and can be much more depending on age, size and condition of home.
Net cash $160,000 with no repairs assumed: This doesn’t include standard closing costs which are usually around 1%.
What about title, escrow and other closing costs?
Just like a traditional sale, the seller is responsible for standard closing costs including title insurance, any fees your HOA may charge, and 50% of escrow charges (we split that with you). Title insurance is a form of insurance which insures against financial loss from defects in title. Escrow charges are the fees Stewart Title charges for completing the transaction. Closing costs are usually around 1% selling price.
See what we can offer you for your house – Send us some basic details about your house to get started <<