How Do I Sell My House Fast In Chattanooga?

Step 1

COMPLETE THE FORM

Complete the form and give us some basic details about the property.

Step 2

GET A CASH OFFER

We’ll call you to schedule a time to see the house and go over your cash offer.

Step 3

GET PAID

If you accept our offer, we schedule a closing date that works for you and you get paid!

That’s it…easy and stress free! We are flexible and will work on your timeline to get your home sold fast or on whatever timeline works best for you!

Calculating Our Cash Offer For Your Home

1. After Repair Value

The After Repair Value or “ARV” simply means what what the property will be worth “retail” once we remodel it. Based on this value, we can start to develop our offer!

2. Cost of Repairs

When you sell your house to us, we buy it totally As-IS. We won’t ask you to fix or clean anything. We work with our contractors do determine how much it will cost to remodel the house and achieve the target ARV.

3. Selling Costs

After the home is remodeled, we list it on the market to sell. We have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us. Our Selling Costs usually average around 10% of the selling price.

4. Minimum Profit

We love helping people by making it easy to sell their home fast but we also have to make a profit to stay in business. Our minimum profit is different for each deal depending on the size and scope of the project. Typically we make a smaller profit on houses that need less work and require a higher profit margin for houses that need major renovations.

Cash Offer Formula

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

For Example– Let’s assume the After Repair Value (ARV) of your property in Chattanooga is $250,000, and we needed to invest $40,000 in repairs to prepare it for the market. To determine our cash offer, we follow this calculation: $250,000 – $40,000 for repairs – $25,000 for selling costs – $30,000 minimum profit = Our cash offer of $155,000. Each home we buy has it’s own unique factors, but this serves as the basic formula for developing our cash offer for every property we purchase.

Why We Don’t Do “Instant” Cash Offers

You have probably seen advertisements or websites of other companies claiming to be able to give you an “Instant Cash Offer!” This is just a marketing tactic. They may give you an offer right away to get you interested, but fat chance that they’ll actually stick to it. These are usually some generalized computer algorithm based on averages and are unable to account for the specifics of your house. To make a real, educated cash offer on a home we need to take into account a variety of factors that are best determined by seeing the house in person! We use our local experience and expertise to make our offers.

Sell Your House Fast!

We specialize in buying homes in Chattanooga quickly and without all the hassle of selling the traditional way. Our team is committed to providing excellent customer service and communication throughout the entire process of selling your home. Get your cash offer today!