FAQ's

How Do I Sell My Quincy House Fast for Cash?


Below are the 3 Easy Steps To Get Your Cash Offer for Your IL House:


Fill out the secure form below or give us a call at: (217)823-3110. We’ll research the details of your home and start crafting a great offer for you right away.

Property Address:

Phone:

Email:

We hop on a call to happily answer any questions you have, as well as go over your no-obligation cash offer. Then you decide if you want to move forward. We present you with a fair cash offer with no obligation and no fees.



You choose the date you want to close and sit back and wait for the cash to get paid out. Close at our reputable title company or comfortably on your own couch with our mobile notary service. Get the cash you need now. You do NOT have to wait 6 – 12 months to get your house sold.


It’s that simple?

Chances are you’ve either heard of other companies like ours, or maybe even checked them out. Here’s the biggest difference. Most other companies just want you to get on their website and submit your info. Then behind the scenes, they determine whether they want to even reach back out to you. We do things a bit differently.

We’ve broken down the basics steps of how to get the process started. Many companies claim they will buy your house for cash but never explain how THEY work. So we’ve broken it down (and we mean EVERYTHING) in case you’re wondering….

How does this whole process of paying cash for my house ACTUALLY work? It seems too easy. Glad you asked 👍

By now you’ve probably get a pretty good breakdown of the most important steps involved in the process. The process itself is very easy and very quick, but we’d love to get really granular and would like to break down exactly how each step of the process goes AND answer some questions that we frequently get from other seller’s just like you.

If you still have questions about all the details, check out the in-depth process below.

We break down everything in our process. This is basically our “recipe” – we show you the major steps in selling your house and then break it down so that each step is incredibly easy to understand.

Any questions you have about the process should be answered and it not, we’re always here to chat and answer questions:

(217) 823-3110

Below we actually break down a case study of a real house we flipped – we go into the nitty gritty, purchase price, our renovation, sales prices – EVERYTHING.


You Probably Have Ton of Questions Like:


  • What information will you need from me?

  • How fast can I get my cash offer?

  • Are there going to be home inspections?

  • Are you just going to lowball me?

  • How do you determine your offer? (What NO ONE else tells you!)

  • If I accept your offer, what next?

  • How long does this process typically take?

  • How involved will I need to be in this process?

  • What’s the difference between selling to you or listing with a Realtor?

  • How do I know I can trust you and this isn’t a scam?

  • Do you have testimonials from other clients you’ve helped?

  • Can’t I just sell it FSBO (For Sale By Owner)?

  • What can I expect after the sale (You’ve Arrived!)?


Entire Process Below!

What information will you need from me?

Being as we are here to help people, we like to get to know your situation. Once you give us a call, we’ll ask a couple questions about your situation, and the condition of the property. We like to know how we can best HELP you, and we can only do that when we know what you need.

The basic info we need is the shape the home is in so we can determine repair costs, how soon you want to sell, and how we can be of assistance through the process.

How fast can I get my cash offer?

Boy are we glad you asked that. We don’t like to wait around for these things either. Often times we are able to give people a ballpark on our initial phone call and as soon as we can get out to the house to survey the repairs needed we can give you a firm offer in writing. Depending on our schedule this often happens same day.

Are there going to be home inspections?

Definitely not in the way a traditional home sale goes. A traditional home sale will have a certified inspector go through the property and look at EVERYTHING. These are extremely valuable for home buyers – but not for investors. It typically takes us between 20-25 minutes to do a quick walkthrough of the house to prepare our offer.

If we need to get a measurement or quote after an accepted offer we always run that by you – but it’s not super common. We are extremely good at estimating repair costs.

Are you just going to lowball me?

No way Jose (don’t tell our painter we used his name). We will not lowball you for 2 reasons. 1. It goes against our core values that we’re here to serve and help you. 2. Ever heard the quote if you don’t run your business like a business you’ll go out of business? We might be able to flip 2-3 homes a year if we duped some homeowners and lowballed the.

We buy roughly 50 homes a year, we are a volume business. It’s in our best interest, and yours, if we give you a FAIR offer that we all win with. Then we rinse and repeat and help the next home owner.

We aren’t going to pull the wool over your eyes and say we can pay full market value for your home. Nobody can do that and be able to make a profit unfortunately. But we are a lean, efficient and well established business that has a proven method, enabling us to offer higher offers than almost any other similar company.

How do you determine your offer? (What NO ONE else tells you!)

Are you ready for the secret sauce? The formula everybody always asks us about because they can’t figure out why our offers are consistently higher than our competitors?

After Repair Value (ARV) – this is where it all comes from. With almost everything we do as a company we start with the end in mind. Very similar to when we talk with you about your needs, we find out where you WANT to be, your end goal.

Follow with me for this quick logic trail. We are going to purchase your home for cash, close super quickly and then pour into there with our team of professionals to fix the house up so when we do list it, it sells really quickly (in a perfect world). People like nice, new updated homes – shiny stainless steel and never walked on carpets.

So with the end in mind we now have a really good idea of what this home is going to look like. We then contact our realtor and have him pull comparable sales through the mulitple listing service (MLS) and say:

“Hey Billy, we have a 4 bedroom, 3 bathroom, 2800 sq foot home on 1/4 of an acre that will have a new kitchen, new bathrooms, all new paint and flooring, stainless steel appliances, and modern light fixtures as well as some landscaping upgrades and a new garage door with a freshly painted house.”

Billy does his magic and gives me the most accurate listings for homes that recently sold very close by (typically within .5 miles) that match ours as closely as possible.

Now we have a selling price (After Repair Value)!

From there it’s a really simple equation of backing out numbers to determine out fair cash offer. After years of flipping homes, knowing what to expect and how to make sure we all come out ahead this is the formula we have found works for us – allowing us to give you the highest possible cash offer.

ARV (The Home’s Fixed Up Value) – Rehab Budget -Selling Costs – Profit = Our Cash Offer


Let’s define all of these items! Then we’ll give you an example of how this all works and just to show you we truly run by this formula we will break down an actual house we just flipped in a real Case Study!

ARV

After Repair Value. This is what the home “should” sell for after we’ve made all the updates and repairs

Rehab Budget

You guessed it. This is how much the renovation should cost us based on the repairs we know about.

Selling Costs

When we buy the home, you pay no selling costs. Unfortunately we have to. Typical real estate commissions are 6-7%, and closing costs (title and escrow fees) are another 1-2% and excise tax (at least for Illinois) is another 1-2%. We average this to 10%.

Profit

Yes, you heard right, we wouldn’t be able to help so many people every single month if we didn’t remain in business. Our profit needs to be around 10% of the selling price (ARV). After many, many flips, we have found this to be the sweet spot of being able to offer you the most, while making sure we don’t lose money, but actually turn a profit for our hard work.

You might be asking:

Why does profit need to be around 10%? Well as we break down on our offer below you’ll see that things typically go very very wrong. Building a new house is entirely different from remodeling one.

On a perfect job we have a set number we like to make for profit and we end up making that. Too bad not 1 job to date hasn’t thrown us a curve ball. Well….maybe we had 1, but that was it and it was because the home was only a couple years old.

Cash Offer

Just like it says. This is how much we can give you for your home on the closing date of your choice. No hidden fees, commissions or anything. This number is exactly how much we pay your for your house.

Frequently Asked Questions

Q: Do you pay fair prices for properties?

A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

Q: How do you determine the price to offer on my house?

A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Q: Are there any fees or commissions to work with you?

A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).

Q: How are you different from a real estate agent?

A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

Q: Is there any obligation when I submit my info?

A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

Q: What if I still have a loan on my house?

A: With mortgage ranging from 15 to 30 years, chances are your current loan isn’t fully paid off when it comes time to sell. No worries! Our cash offer includes paying off your existing mortgage so that you can walk away with cash in your pocket!

Q: Need to choose your closing date?

A: Many of our clients want out of their property immediately, others need a couple of months and some want to move out only after the sale. We offer you the opportunity to choose your own schedule, and secure a deal without having to rush your next move. So call us, sell your property, without repairs and no fees and choose the closing date that’s fit for you!

Q: I’m looking to sell my house, but what about the repairs?

A: Our company would fall in the type of AS-IS home buyer. It means that we will not only help you sell your California home no matter the condition even if it needs repairs, but we will do it stress-free! No Repairs, No Cleaning!