How To Sell My House Fast For Cash
How our process works
Request an offer
Call us or fill out the form on our website to receive a no-obligation preliminary offer.
Schedule a walkthrough
Once you accept our offer over the phone and sign the paperwork, show us your home so we can confirm its condition and finalize the offer we made you.
Sell your way
After we perform our walkthrough and you accept our final offer, choose your closing date and sell stress-free!
Everyday a homeowner requests an offer from Storydoor
How Storydoor comes up with an offer price
To create a personalized offer, we look at the property’s location, what repairs are needed, the current condition of the home, and values of comparable houses sold in the area recently. By considering all of these pieces of information, we then come up with multiple offers for you to choose from. Our offers usually include an all-cash offer, an owner financing offer, and an offer combining both cash and owner financing.
To make an offer on your home, we rely on these four elements
The after repair value “ARV” of the home
This is the value of the property after it has been renovated. This is based on comparable sales in the area that have been completely renovated.
Renovation Costs (Cost of repairs we will make)
When increasing the value of a property, we must make repairs and bring it up to date. This may include tiles, carpeting, paint, appliances, cabinets, countertops, fixtures, landscaping, and other improvements to restore a property to like new condition.
Our Selling Costs
When we sell the property after renovating it, there will be expenses involved with the transaction. Although you do not have to pay any commissions or fees when you sell to us, we will have to pay them when we resell the property, as well as taxes, holding expenses, insurance premiums, HOA costs, and so on. These are all added up into our selling costs.
Our Minimum Profit
We realize that making a profit is something most people don’t consider. Still, it’s critical for us to be able to support our families, workers, and contractors while also continuing to acquire homes. Therefore, we try to keep our profits as low as possible for us to be able to pay you the most money possible for your home.
Get your free, no obligation cash offer
Ready For An Example?
Let’s say after your home is all renovated and repaired, it’s worth $250,000. Let’s say in order to get to that number, your home needs around $40,000 in repairs. Based on our cash offer formula, here’s how the numbers work. ARV (After Repair Value) of $250,000 x .75% – $40,000 in repairs = $147,500 Fast Cash Offer.
What to expect after I accept your offer & how long does it take to close?
Request an offer
Once you decide to sell your house to us, we send the purchase agreement and all other necessary paperwork to our local title company and deposit earnest money. At this point, our closing specialist will reach out to guide you through our closing process and let you know if anything else is needed from the title company. Finally, the title company will order a title and lien search, and we’ll schedule an inspection date with you either in person or via a video call.
Timeframe: 24-72 Hours
Conduct Inspections & Address Any Title Or Lean Concerns
This is when we’ll do an in-person or video call home inspection. It’s not unusual for us to request to do an in-person house inspection to learn more about what repairs are needed. However, COVID-19 has forced us to reevaluate our approach to business and human interaction therefore we practice social distancing and mask-wearing as a result of it. At the same time, our title company will contact you if there are any title or lien concerns. This is to ensure that your title is clean and that the property may legally be sold.
Timeframe: 1-2 Weeks
Scheduling The Closing And Getting You Paid!
When you’ve completed all of the above tasks, we can schedule closing to get you paid out! You have the option to close at the title company or have them send a mobile notary to you at a convenient time. After all of the paperwork is signed, your money is either transferred to your bank account, or you receive a check from the title company. You have the option of requesting how you’d like to be paid. In the majority of cases, you’ll receive your money on the same day you sign documents, but it might take up to a business day in rare circumstances.
Timeframe: 1-7 Days
9 out 10 customers who sell to Storydoor recommend us
Your offer is just a few clicks away
Fill out the form below or give us a call at (877) 761-2555 for your FREE cash offer
Frequently asked questions
How do you determine your offers?
Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. We take many pieces of information into consideration, and come up with multiple offers for you to choose from. Usually, the offer selections will include 1) an all-cash offer, 2) an Owner Financing offer, and 3) an offer combining both cash and Owner Financing.
Are there any fees or commissions to work with you?
How are you different from real estate agents?
Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait to sell and don’t mind the hassles that come along with the traditional process of selling your home. But that’s where we’re different: We’re home buyers. Our company actually buys houses. Since we’re actually the one buying the house from you, and we can pay all-cash and close on your timeframe. Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and then keep it or sell it on the open market ourselves.