How Do I Sell My Jacksonville House Fast For Cash?
~Sell Your Property In Just 3 Simple Steps ~
Fill In Our Form For Your Free Offer!
Call us at (904) 477-7383 or fill out the form below to request a free no-obligation cash offer.
We Make You Our Highest And Best Offer
We will meet you at the property and provide you with our best cash offer for your home AS-IS. Hopefully, this offer more than satisfies you and we can proceed further.
Choose Your Closing Date
Once we come to an agreement on price, put your worries behind you, YOU SOLD YOUR HOME!
You can now choose which day you would like to receive your cash and we can schedule to meet at a reputable title company or closing attorney.
Jacksonville Fast Cash Offer Process
“How does your company come up with the offer for my property?”
This is actually a very complicated mathematical equation involving the moon, stars and….
Well, not really (haha). It’s actually pretty simple. Let us explain:
1. Property ARV
Let’s say a house is worth $150,000 when it’s fully renovated and all fixed up. We base this value off of the values that other similar comparable properties have sold for recently.
This is known as it’s After Repair Value (ARV)
Our team purchases properties at 70% of ARV. This percentage gives us enough room to make a profit after we spend the necessary time and risk rehabbing the property to brand new condition.
2. Repairs Needed
Now, let’s assume that the house in its current condition needs some repairs and updating.
- The kitchen need to be updated.
- There are leaks in the roof.
- The whole house needs paint.
(Estimated Repairs: $25,000).
Now that we know the home’s worth once it’s fixed up, and the repairs that need to be made to bring it to the higher standard, we can determine our max offer.
Jacksonville Fast Cash Offer Formula
ARV x 0.70% – Repairs = THE OFFER
So For The Subject Property:
ARV= $150,000 X 70% = $105,000
-$25,000 (Repair Cost)
→ $80,000 ←
Based on the formula above, our maximum offer for the subject property would be $80,000. However, it’s important to know that all properties are unique and there are always other factors that need to be put into perspective when calculating our offer. We may be able to give you more or less than the formula above, based on a properties unique characteristics.
It’s our priority to bring you the highest and best price for your property and we will do everything we can to come to a win-win situation and make the deal favorable for both parties.
Please visit our FAQ Page or simply Contact Us if you have additional questions.