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HOW WE WORK

How we work

We buy ANY house in Michigan. Our offers are fair and honest.



    How Our Buying Process Works

    You tell us about your property

    We contact you for a quick appointment

    We write you a fair, no-obligation offer

    If you accept, we can close in as little as 7 days

    What to expect and when: The norm with our transactions is to send you an offer within 24 hours of receiving your mail. Please note, however, that the speed with which you’ll receive our offer wholly depends on you. For example, if your mail is detailed enough to give us a grasp of the condition of your property, then you can expect a quote within 24 hours. On the other hand, it might take a little longer to get our offer if it’s not detailed enough.

    Rest assured that we’ll operate at maximum speed once you accept our offer. We’ll do everything we can to close within seven (7) days. And if it’s too fast a speed for you, we’ll structure the closing to occur at your earliest convenience. Payments are processed within three (3) to thirty (30) days.

    Selling Your Home is now Quick & Simple

    Selling to us is completely different and much easier than selling to a local Michigan realtor. We do not broker real estate deals on behalf of an actual buyer. Instead, we are genuine buyers ready to buy your house fast and in its current condition. Also, we will buy your property without requiring any fees or commissions from you. In fact, we’ll be doing all the spending – funding repairs, closing costs, carrying expenses, cleaning, and other incurred costs.

    How do we buy houses?

    Contrary to what you’ve been made to believe, getting a quote on your Michigan property is extremely easy when you sell to us. As our name implies, we are committed to buying houses in Michigan and its environs. And that’s what we do – BUY HOUSES, No Questions Asked. If we were to ask any questions, it’d be questions that will help us prepare your offer.

    If you want to know what it takes to get an offer and how our buying process works, then you need to hold on to your screens for a little longer.

    Below are a few questions and answers that’ll give you a full overview of how we buy houses.

    Here are the most frequently asked questions:

    Keep reading for the answers to these questions and more.

    How does our buying process work?

    Our process is designed to be simple. We provide you with a FREE cash offer with absolutely zero conditions! Here is our process,

    Getting a cash offer on your Michigan property is as simple as that!

    What do we consider when we buy houses?

    Our team is competent and versed in assessing the worth of properties. So you can trust that we will be delivering the most competitive offer on the market.

    To issue the best deal, however, certain issues need to be considered:

    When you provide the answer to these questions, we will finalize our cash offer. No two houses come with the same conditions and we do our best to look at the situation and give you a strong quote.

    How do we calculate a cash offer?

    We are well aware of the question that has been plaguing you since the start; “How much will I get for my house?” If you have made it all the way here, you will want to know the answer right away. However, there are a few steps involved and once you understand these steps, you will get your answer. So let us look at a proper breakdown of how much we can pay for your house.

    Our Home Buying Formula

    To begin, we employ a formula to make things easier. Our formula includes four components, which we will go through in detail. But first, consider the formula itself:

    ARV – TRANSACTION COSTS – MINIMUM PROFIT – REPAIRS = YOUR CASH OFFER

    AFTER REPAIR VALUE

    Your property’s ARV is what it is valued for after it has undergone repairs, renovations, upgrades, and all forms of maintenance. Consider it your house’s retail worth when it is in perfect and move-in-ready condition. In essence, the After Repair Value of a property is a state where your home is appealing or irresistible to any buyer.

    TRANSACTION COSTS

    The costs incurred during sale transactions are of different kinds. Usually, real estate investors often have to pay for loan costs, loan originating fees, monthly installments, and a 5% realtor fee. Transaction costs often add up to 15% of the total cost.

    REPAIRS

    When remodeling a home, one can never fully predict the level of repairs a property would need. Some repairs are pretty easy to detect on the surface, like a faulty door or a broken door handle. However, some might not be discovered until the property repairs are in motion. An example is a damaged foundation or a broken pipe underground. If major repair needs like these are not detected in time, and the sale has been funded and closed, we might lose much of our profits on repairs. As a result, we pay great attention to houses during inspections. We want to ensure that we account for all significant flaws. And in the worst scenarios, we add a few “maybes’ to our proposals as our way of allocation for damages that we are yet to discover.

    MINIMUM PROFIT

    Naturally, we must make money to continue marketing and support our families. Our profit on our flips range, but we always hope for a 15% profit, which also gives us some price protection. If we go over budget and still make 10%, we are ok. However, we may lose all our profit if a repair needs springs on us. So we ensure caution where necessary. And this particularly applies to hoarder houses. We are careful not to give specific repair estimates for such properties. Instead, we employ conservative figures to reduce the burden of purchasing such defective homes.

    YOUR CASH OFFER

    When we combine transaction costs and minimum profit, we arrive at a 30% difference between both elements. Applying the formula, Your Cash Offer thus equals ARV – Repairs – 30%. This formula helps us make fair, reasonable, and transparent offers. There are no hidden fees or dubious additions of any kind. We will fund all costs and write you a check for the full purchase amount.

    See what we can offer you for your house…

    What details do we look at?

    How long does the process take?

    Our operations are structured toward giving you the fastest closing possible. So, you can trust that we’ll finalize your sale within seven days. We will tackle obstacles head-on and work tirelessly until we deliver a valid sale to you.

    Once you accept our offer, we get to work. We gather every document the title company requires, including the purchase agreement and the EMD. Where issues present themselves, we do our best to address them, or at the very least, we anticipate them and employ preventive tactics to ensure that we deliver on the agreed deadline.

    While the title company works to confirm and verify that the title is clear and transferable, we will be busy securing funds for payment and conducting inspections to confirm the condition of your house. If there are any discrepancies with the title, they will need to be resolved before we can close.

    Once the title has been verified and the transfer documented, you are only a few days away from closing and getting paid. Closing would occur within seven days, and if that’s too early for you, we’ll be kind enough to allow you to pick a date of your earliest convenience. However, if there are issues with the title, please expect that it may take more than seven days to close the sale.

    If you are interested in getting your free offer, please contact us today!