Knowing the amount of cash you’ll receive for your house is a top priority. On this page, we’ll explain our process of purchasing properties with cash. First, we’ll provide a brief overview, followed by a detailed breakdown of an offer we recently made to a homeowner like yourself.
Why waste time dealing with the tedious process of bank regulations, approvals, and inspections? We take care of it all for you, making your house-selling experience as simple and hassle-free as possible.
Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful
Here is how it works! Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
“The entire process lasted 3 weeks, from calling them up to my check in hand. Love it!”
We figure out how much your house will be worth after fixing it up, and then we make you the best, fair offer.
You get the cash you need, and we get to make some profit. Let’s break down how we come up with the offer.
Your Offer = After Repair Value – (Cost Of Repairs – Our Selling Costs – Our Minimum Profit)
1) We Determine The After Repairs-Market Value Of Your House.
The After-Repairs Value: (or “ARV”)
Alright, let’s break it down. The After-Repairs Value, or ARV, is like imagining your home at its absolute best after a top-to-bottom makeover. Picture it as if your place just starred in your favorite home improvement show. Now, the offer you get is based on this upgraded value – it’s the real deal, just like giving your house a fresh new look.
2) We Calculate The Cost of Repairs
The Cost Of Repairs:
Alright, let’s talk repairs in plain language. The Cost of Repairs is what it takes to spruce up your house, making it look fantastic for the market. We’re all about boosting the value, aiming for a top-dollar deal for you and a decent profit for us. It’s a win-win situation – your place gets a makeover, and we all come out smiling.
3) We Determine Our Selling Costs
The Selling Cost:
Let’s talk about the Selling Cost in everyday terms. It covers all the expenses tied to selling a house. Even though we skip the agent route when buying from homeowners, we still aim to score you a better deal by selling the fixed-up house at its peak value. To make this happen, we enlist an agent, which comes with closing costs, agent commissions, and taxes. It’s all about getting the best value while making sure everyone’s in the loop.
4) We Take Out Our Profits
Our Profits:
Let’s chat about our profits in simple terms. We keep things fair and reasonable because, well, it’s a business gig. Without some profit, we couldn’t keep the show running – no buying houses, no paying the folks who fix things up. So, rest easy, our profit game is on the level. We’re all about making the best offers, because let’s face it, if we weren’t, no one would be saying yes, and we’d be out of the game!
Alright, let’s break down your offer in plain talk. We start with the top dollar your fixed-up house could snag on the market. Then, we subtract all the costs to get it to that spiffy, fixed-up state – that includes the makeover expenses. Lastly, we take out a bit for our profit because, hey, we’re making the deal happen. So, your offer is like the market value, minus the fix-up costs, minus our fair share. That’s the deal!
“From beginning to end, I was relieved to have the help. They practically held my hand all the way through.”
Picture this: Your house is in a real fixer-upper state, like it’s seen better days. Because of that, selling it for a good chunk is tough – it’s not even something banks would back up with a loan, given how beat up it is.
Picture this: Your house is in a real fixer-upper state, like it’s seen better days. Because of that, selling it for a good chunk is tough – it’s not even something banks would back up with a loan, given how beat up it is.
Okay, let’s break it down. Right now, your house is worth about $50,000 as it is – that’s its current “as-is” value. But check this out: If you put in around $100,000 to spruce it up, you could flip it for a cool $200,000. Amazing, right? Same house, totally different value depending on how much love you give it.
Unfortunately, you might not have the money or the desire, time, or energy to handle contractors, repairs, and all the hassle that comes with it.
Now, let’s say that the house in its current condition is worth $50K (so the “as-is” value is $50,000), but let’s say that if you were to put $100K into the house, you would be able to sell it for $200K. (Yes this is actually the same house.)
Sadly you either don’t have the funds or the will, time, or energy to deal with contractors, repairs, and all the stress that comes with it.
Alright, check this out. Imagine your house is worth $50,000, but we swoop in as cash buyers and offer you a cool $80,000 – that’s $30,000 more than its current value. Here’s the magic: We put in $100,000 to turn it into a $200,000 gem. After spending $180,000, we make a net profit of $20,000 (ignoring the nitty-gritty costs and taxes for now). It’s a win-win – you get a sweet deal, and we make some profit magic happen!
Cash buyers like us could come in and offer you $80K for your home, which is $30K MORE than the current value of your house. For us, this works because, if your house is worth $50K, but we offer you $80K for your house and we put in $100K making the house worth $200K, means we then spend $180K and we made $200K netting us a profit (let’s ignore all other costs and taxes for the sake of simplicity) of $20K.
Take a stroll over to our About Us page to get the lowdown on who we are and what makes us tick. We think we’re pretty interesting, but hey, the final verdict is in your hands! Check it out and decide for yourself. 😉
Riser Development LLC
6020 Hunter Hall Ct
Norcross, Georgia 30071
404-981-1652
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