How the Process Works
How Can I Sell My House In Shawnee, OK Easily?
Get A Cash Offer For Your House Easily With Three Easy Steps
To start, we will ask you to fill out the form below. Tell us more about your property to better understand your situation. After submitting your information, you are under no obligation to sell your home to us. We will never share your information with anyone.
Next, we will setup a date & time of our visit to your property, either in person or virtually online. We want to respect social distancing and make you feel safe while giving you a fair cash offer.
If you accept our cash offer, we will schedule a closing date that works with your schedule. We will work with you to make it happen, whether you want to close right away or wait a few months. We close at a local title company, and we will handle all of the paperwork, so you don’t have to.
In a few simple steps, you can sell your house fast for cash. Nothing to it. Cash Home Buyers Shawnee can move at the speed you need and on your terms. Skip the realtors fee and call us today!
How Does It Really Work?
You’ve probably seen numerous signs in town that say “we buy houses,” or you’ve received mail from a company that wants to buy your property. They all say the same thing: “we buy houses for cash” or “we buy houses in any condition.” However, determining whether they will do what they say they will do can be difficult. It can be even more confusing if you don’t understand how they work.
How does the process of "we buy houses for cash" really work? Is it really that simple?
Is it really that simple? Absolutely YES! Selling your house quickly for cash is a simple process that makes life easier for sellers like you. You don’t even have to do anything except notify us. We do all of the legwork, handle all paperwork, and manage the sale process on your behalf. A lot goes into buying a house for cash, but we are happy to shoulder that burden so that the entire process is smooth and easy for you.
That sounds great, but I'm still not sure how it works...
We understand. If you’ve never done it before, the entire process of selling your house fast for cash can be a little puzzling. You’ve probably got a lot of questions that need answers. The good news is that we’ve almost certainly answered your questions before, so we know what you’re looking for. The following list enumerates the most frequently asked questions about buying houses and how the selling process works. You must understand that selling your home for cash is not always the best option for your situation. That is why we want to give you all of the information you need to make the best decision for yourself, especially if that decision is to sell your house for cash.
How do you figure out an offer price to buy my property?
We make our cash offers based on these four criteria
After Repair Value of the Property
ARV is the value of your home after it has been renovated or redone. An ARV is calculated by taking comparable local sales that have sold fully renovated in the general area.
Renovation Cost
After buying it, we usually do some repairs and upgrades to a house to increase the market value and bring it up to the system. Some of the improvements and repairs that we typically do are repainting the house, replacing the bathroom tile. Additionally, we also enhance the exterior by adding a back porch, redoing the landscaping, and other improvements that fall into this category.
The Selling Costs
We know that when the property is ready to be sold again, certain costs will be incurred. Remember, when you sell your home to us, you will never have to pay any commissions or fees. For this reason, we need to pay some of those costs, such as taxes, insurance, and HOA fees, among other things. As a result, when we make our offer, we must also consider those costs
The Minimum Profit
We should acknowledge potential profits whenever we buy a house for cash because we are a business to support our employees and families. That being said, we need to ensure that we do everything we can to keep our profit to the lowest because we want to make sure that we pay you as much as we possibly can for your house or property.
Want to see how we calculate our cash offer?
Our Cash Offer = After Repair Value (ARV) – (Renovation Costs + Our Selling Costs + Our Minimum Profit)
For Example – So, let’s say the After Repair Value (ARV) of your property is $200,000 after we’ve renovated it and we had to pay for $55,000 worth of repairs in order to make it market-ready. Here’s how we would calculate our cash offer to you: $200,000 – ($55,000 in repairs + $10,000 in selling costs + $10,000 minimum profit) = $125,000 cash offer.
So, there you have it. You now understand how we calculate cash offers! Our target is to always make you the best possible offer while also taking care of our team. We promise to make the best offer we can for you and your family, regardless of your housing situation. Because of our simple process and the high quality of our cash offer, most sellers choose to work with us instead of a real estate agent. Simply look at our reviews and testimonials to see what clients and others say about working with us.
I’ve accepted your offer, now what? How long until we close?
Just ask any of the “companies that buy houses” and they will tell you the closing process takes around 2-4 weeks, depending on your unique situation. Of course, that assumes you want to close immediately, though you have the option to move slower if you prefer it. However, regardless of when you want to close on your house, we can work with you to figure out the best day that makes sense for you. Let’s take a look at the step-by-step rundown of the closing process as it happens most often.
Register to Escrow & Order Inspections
If you take our offer and choose to sell your house for cash, we will send the purchase agreement and other necessary paperwork to our local title company. We will also put down an earnest money deposit. Following that, one of our team will contact you to provide you with all of the information you require and to let you know if the title company needs anything else. Then, the title company will conduct a title and lien search. While that is going on, we’ll set up an inspection date, which can be done in person or virtually.
Timeframe: 24-72 Hours
Run Inspections & Address Any Title Or Lean Concerns
After the inspection, we can start thinking about what kind of repairs and renovations we need to do on our end. This may require an in-person home inspection as well. With this, we will ensure to wear face coverings and remain socially distant during the visits. Moreover, we make sure that we respect everyone’s personal space during the pandemic. If any title issues arrive, the title company may need additional info to remedy the issues. Once finished, we will have a clear title and get your home bought.”
Timeframe: 1-2 Weeks
Seal the Deal and Get Paid!
Once we finish Steps 1 and 2, we will schedule the closing and pay you in cash! We either close at the title company, or they can send a mobile notary to you on a particular date that works for you. We’ll wire money to your bank account or cut you a check from the title company once all the documents are signed. It is entirely up to you, once again. This usually happens the same day you sign the papers, but it can take up to one business day in some rare cases.
Timeframe: 1-7 days
Why should I sell to you and not a realtor?
We understand that listing your home with a Realtor or real estate agent may seem like the most excellent choice when it comes to selling your home. To be fair, if we believe that listing your home with a real estate agent will result in a better outcome for you, we will let you know. We want to make sure that you receive what you require. That being said, we’d like to highlight some of the advantages and disadvantages of listing your home with a Realtor versus selling it to us for cash.
Selling to Cash Home Buyers Shawnee
Traditional home sale
0%
commissions*
6%
commissions*
Selling process
Average days to close transaction
7-14 days
50 days
Average days to prep and stage home
0 days
10 days
Average number of showings
1 showing (Just Us)
20 showings
Transaction costs
Estimated Real Estate Agent Fees
None
6% on average is paid by you, the seller
Who Pays Closing Costs?
None – We pay closing costs
2% on average is paid by you, the seller
Estimated Home Ownership and Overlap
—
1%
Repairs Needed To Sell Home
NONE – We pay for all repairs
Negotiated During Inspection Period
* We are not real estate agents, therefore no commissions for you to pay
* Cost and selling process estimates are based on industry data for the markets in which we operate.
Selling to Cash Home Buyers Shawnee
Traditional home sale
0%
commissions*
6%
commissions*
Selling process
Average days to close transaction
7-14 days
50 days
Average days to prep and stage home
0 days
10 days
Average number of showings
1 showing (Just Us)
20 showings
Transaction costs
Estimated Real Estate Agent Fees
None
6% on average is paid by you, the seller
Who Pays Closing Costs?
None – We pay closing costs
2% on average is paid by you, the seller
Inspection & Financing Contingency*
None
Yes, up to 15% of sales fall through
Estimated Home Ownership and Overlap
—
1%
Repairs Needed To Sell Home
NONE – We pay for all repairs
Negotiated During Inspection Period
* Since we are not real estate agents, there are no commissions to sell your home to us.
* Cost and selling process estimates are based on industry data for the markets in which we operate.
Selling to Cash Home Buyers Shawnee
Traditional home sale
0%
commissions*
6%
commissions*
Selling process
Average days to close transaction
7-14 days
50 days
Average days to prep and stage home
0 days
10 days
Average number of showings
1 showing (Just Us)
20 showings
Transaction costs
Estimated Real Estate Agent Fees
None
6% on average is paid by you, the seller
Who Pays Closing Costs?
None – We pay closing costs
2% on average is paid by you, the seller
Inspection & Financing Contingency*
None
Yes, up to 15% of sales fall through
Estimated Home Ownership and Overlap
—
1%
Repairs Needed To Sell Home
NONE – We pay for all repairs
Negotiated During Inspection Period
* Since we are not real estate agents, there are no commissions to sell your home to us.
* Cost and selling process estimates are based on industry data for the markets in which we operate.
Have Questions Or Want To Know How Much We Can Pay?
Fill out the form below or give us a call or text at (405) 777-7157 for your FREE cash offer. There is no obligation whatsoever to get an offer from us. What do you have to lose?