How Do I Sell My House In Denver Fast For Cash?
We Offer Cash For Your Denver Home Fast. Here Is Exactly How…
By simply eliminating the middleman like (banks, realtors, appraisers, etc.) and skipping them altogether and paying cash we can significantly uncomplicate things. We can truly make selling your Denver home a lot easier, faster and stress-free.
Cash For Your House. Here’s How…
We Offer A Better, Faster & Easier Way
Hi, I’m Kerry and I’m one of the property acquisition managers here at “NTSMHFID”. I’ll be your guide to answer your questions and walk you through our simple but effective 3 step process of getting your no-obligation fair cash offer started. Don’t worry, it’s all 100% FREE with zero cost involved and with zero obligation to accept any offer that we make you. If you would rather speak to a live person, give us a call at 303-800-6197. I look forward to speaking with you.
That’s pretty much it! It’s really easy, simple and stress-free. We are flexible to work with so we can buy your home in a couple of days, or in a couple of weeks or months…Whatever works best for you, you get to pick the closing date!
I’m sure you have seen a lot of similar websites, or gotten postcards, letters, or texts messages from other companies claiming that they will buy your home for cash, and that you can sell your Denver home fast to them. Since you are on our “How It Works” page, I’m assuming that like most of our sellers, you are probably still wondering…
How does this whole “we buy houses for cash” process REALLY work? It can’t be that simple, can it?
Well, in short, yes, selling your home in Denver for cash is a very simple, fast, and easy process – for YOU. For us, it’s a little different story. There’s a lot of work that goes on behind the scenes and in the background on our end, to make sure that the home selling experience goes easily and smoothly for you.
Well, that does not really answer my question….
Yeah, I know. That is why below I’ll give a very clear, simple & uncomplicated explanation of what our cash home buying process looks like from start to finish, and what you can expect to happen if you decide to reach out to us. Keep in mind that selling your Denver home fast for cash may not be the best option for you. Please continue reading to fully educate yourself on how the process works, so that you can make a well informed decision when it comes to selling your home.
Here Are A Few Questions We Keep Being Asked:
- Click to jump to the answer:
- What info will you need from me?
- Do I get my cash offer right away on the phone?
- Are you going to “low ball” me?
- How do you calculate your offers?
- What happens if I accept your offer?
- How long does the closing process take?
- Why should I sell to you and not list with a Realtor?
- How do I know you will really close and that this is not a scam?
Sell Your Home Fast in Denver & Get a GREAT Offer!
Okay, so you’ve decide to give us a call. What happens then? If you call us during business hours, one of our friendly “member of the team” will either answer the phone, or call you right back. The call will only take a few minutes. They will ask you some basic information about your home, listen to your needs, answer any questions that you may have, and offer recommendations and guidance to assist you in your home selling journey, even if that means we’re not your best option.
After Repair Value (ARV)
This is what the market value of the house will be worth on the open market after we buy and renovate the property.
Cost of Renovations (COR)
This is what our cost will be updating and fixing the property AFTER we buy it from you.
Our Selling Costs
Although we buy houses in Denver without involving Realtors, we on the other hand, have to use a Realtor to list and sell that house again AFTER we’ve purchased it from you and fixed/repaired it. So we have to pay Realtor commissions, closing costs, taxes, holding costs such as insurance, HOA fees etc. These are all the fees you do NOT have to pay, if you sell your house directly to us. This is usually right at 10% of the selling price. (Our selling costs = 10% x ARV)
Our Minimum Required Profit
Yeah, I know, it sucks that we have to make a profit 🙂 but we really do. We would not be able to stay in business, pay our employees, pay contractors, buy more houses, and support our families if we did not make some sort of a profit when we resell them. However, we keep our profit to an absolute minimum so we can make you the highest and best possible offer for your house!
Over the years and after losing over $400,000 on houses that we should not have bought (we have made some really dumb mistakes…), we learned that our absolute minimum profit needs to be right at 10% of the After Repair Value (ARV), $10,000 minimum. That simply means that if we buy a house, fix or remodel it and resell it for $200,000, we need to make at least $20,000 in profit on the transaction.
Ready for the Magic Formula?
Our Cash Offer for Your Home =
(After Repair Value) X 80% Minus (Cost of Renovations)
For example – Let’s say your home, after it is all fixed up, would be worth $400K. And let’s say it needs about $50,000 in repairs, our all-cash offer to you would be calculated like this: $400K x 80% = $320K, minus $50K in repairs = $270K Cash Offer.
As with all the cash house buying companies in Denver our closing process normally takes about 2 to 4 weeks, depending on the urgency of the seller. If you need a much faster or a longer closing time frame, we can definitely work with you. Below is a simple yet very detail outline of the closing process:
Opening Escrow & Ordering Inspections
Once you decide to sign our simple 1 page purchase and sales agreement, we’ll send the signed contract to the title company and closing attorney for them to order lien and title searches. Next, we’ll schedule an inspection with you of the property so we can make sure that our repair estimates are on point.
Timeline = Normally 24-48 Business Hours
Conducting Inspections & Reviewing Title & Lien Searches
Here is where we conduct the inspection, review the home inspection report, and review the lien and title searches that the city and the title company provide. If anything comes back on those searches that needs to be addressed, we’ll give you a call to determine the next steps. Sellers find us to be very creative and able to find a win-win solution for almost any lien or title problem!
Timeline = Normally 1-2 Weeks
Scheduling the Closing & Getting You Cashed Out!
We’re ready to close on the property and get you paid! We will get in touch with you to schedule the most convenient date and time for you to close. Once you sign the closing doc’s, your cash will either be wired directly to your bank account or you will get a certified cashier’s cheque from the closing attorney or title company. This typically happens the same day of the closing, but can sometimes be delayed to the next business day.
Timeline = Normally 1-7 Days
Selling to Us
You Pay Zero Realtor Commissions or Closing Costs
Guaranteed Cash Offer. No need to wait months to find a buyer
Close within 7-30 days or on your time-frame
Sell “As-Is” without making ANY repairs whatsoever
No open houses, showings or endless walkthroughs
No financing contingency, home inspection or appraisal
Selling with a Realtor
You typically pay 6-7% commission and 2-3% in closing costs
Sometimes you have to wait 6-12 months to find a qualified buyer
Closing can take between 60-90 days after accepting an offer
Most buyers will ask for you to make some repairs before closing
Sometimes more than 25-40 open houses and showings
Deals often fall through because of banks and home inspections
With so many newbie investors and scam artists out there I’m not at all surprised you are asking this… Vetting your buyer to make sure they will actually close, is usually alot more important than getting the highest cash offer for your property. We get a lot of sellers calling us after their 1st or 2nd buyers have fallen through and cancel the sale on them. Needless to say, they are very frustrated and distrustful of investors. That’s where “Need To Sell My House Fast In Denver” is different. We make honest, fair, and transparent offers, with the intention of getting them all closed! That’s why we continue to get so many awesome customer reviews 🙂
How can you protect yourself from falling for the scam artist trap?
Quite a few ways actually…
Ask for a proof of funds letter – Does the Cash house buyer really have the cash to buy your home? Often times they do not!
Terms of the Contract – Don’t fall for a small earnest money deposit or unrealistic long inspection periods (7 to 10 days is normal, some cash buyers ask for 30 days inspection or more!). Pay Attention to the “additional terms” section of the contract for any possible back out clauses allowing the buyer to back-out of the contract for basically any reason they make up.
How long has the buyer been in business? You want to look for someone that has been in business for at least 3 – 4 years and knows the intricacies of the complex real estate industry.
Last but not least, does the buyer have any online reviews or testimonials to show that they’re legit? We do, and a lot of them… Just a hint 🙂
Still have questions or want to know how much we can pay for your home?
Feel free to give us a call to 303-800-6197 or fill in the secure form below. Our offer is 100% free, and you have absolutely no obligation to accept it. What do you have to lose?
People Love Us, And So Will You
“The process was really fast. Logan was always available to take my calls and answer my questions that came up. I’m so grateful that I was able to sell my house & move closer to family. God bless you and your team.”
“Fast Friendly and a very smooth process! Looking back I wished we had done this sooner instead of listing with an agent. I would highly recommend you to anyone that needs to sell a house.”
“Logan was very transparent explaining my options for my house and the how the process works. Everyone of the contacts that took place either by phone, email, or in person went smoothly without any issues. Once we agreed on a price & I accepted their offer they handled everything and kept me updated until they close on my house.”
“EXCELLENT!! Very friendly and accommodating.”