How Do I Sell My House For Cash?
Explore how we provide cash offers and gain a clear understanding on how our 3-Step process works!
By eliminating banks, realtors, inspectors, showings and never ending negotiations, we are able to remove 90% of the process in a traditional sale and close in as little as 7 days by paying cash.
Cash For Your House. Learn How It’s Done…
3 Simple Steps To Sell Your House Fast
Hi! I’m Alex, I’m the Director of Acquisitions here at 3 Step Home Sale. We buy houses with just 3 simple steps. We have an efficient Transaction Coordination Team who will assist you all throughout the process once you accept the offer. We’ll guide you every step of the way. Remember: No pressure! Just follow the 3 simple steps below.
How Do I Sell My House Fast?
Our Home-Buying Process Is Simple As You Can See Below.
Reach Out To Us!
The first step is to submit your property information to us by filling out the form below or calling (855) 918-4010. One of our Home Buying Specialists will reach out to you to discuss your property.
Receive A Cash Offer
We will present you with a fair, all cash offer within 30 minutes with No Obligation. Once you accepted the offer, the file will be passed on to our in-house Transaction Coordinator.
Get Your Cash
Our Transaction Coordination Team will work closely with a licensed and insured title company or title attorney to ensure we close on time, as well as give you regular updates about the sale of your house. Easy right?
“What a smooth transaction, great to work with, excellent communication [through] the complete process. Made the process convenient for me as far as closing. Couldn’t went any easier. I would highly recommend 3 Step Home Sale!”
-Brian Aldrich. Bowie, TX
Get An Offer Today, Sell In A Matter Of Days
How Do We Make The House Selling Process Easy And Seamless?
What Goes On Behind The Scenes:
Purchase Agreement Preparation
Once you accept our cash offer, Our Acquisitions Manager will prepare the purchase agreement. This agreement outlines the terms and conditions of the sale, including the purchase price, closing date, and any additional terms. You will have the opportunity to review and sign the agreement.
Introduction to the Transaction Coordination Team
After you sign the purchase agreement, your file will be forwarded to our dedicated Transaction Coordination team. They will serve as your main point of contact throughout the whole process.
Our TC team will then schedule a 30 minute walk through (at your earliest convenience of course) just to take pictures and videos of your property.
Our TC will forward all the necessary documents and information to the title company to get title work started.
Note: 99% of real estate transactions go through a neutral third party also known as title company or title attorney. Their sole responsibility is to ensure fairness between the buyer and seller, handle proper collection and distribution of funds, and a clear insurable title passed to the buyer. All title companies that we work with are licensed and insured. No fly by night title companies!
The title company will reach out to you ASAP and will send you an intake form. In this form, you will need to provide some basic information.
• Signing at closing: You can choose either signing at the title’s office or your preferred location via mobile notary
• Getting Your Cash: You can choose either check or wire transfer direct to your bank
Just let our TC team know and they will coordinate it with the title officers.
The title company will then order the searches. A Title Search is a process to determine what has occurred with the title and where problems may lie. For most real estate transactions in America today, title companies insure and underwrite either through Fidelity National Title or First American.
If the title is clear, we’re going to proceed with the closing preparation. If not, the title company will let all parties know what the requirements are to clear the title.
Conditions to close
On a normal day, title companies don’t require much in order to get clear to close. They only need some of the following documents to satisfy the requirements – payoff statement, utility bills, tax certificate, etc.
Complicated chain of titles could be more. Some documents could be easy to get, some can take a lot of persistence and some may require private investigators or a third-party company to track down. Our transaction coordination team are experienced with these matters so NO WORRIES!
Once the title is clear, our transaction coordinators will make sure that everything is ready and will coordinate to schedule the closing. They will request for the final HUD/Settlement Statement to check the final numbers and to make sure that you’re going to receive the correct amount.
Scheduling the Closing
At this point, our TC team will ask you for your availability to sign. You have an option to be scheduled and sign at the office of the title company or if you’re not able to go to their office –let us know and we’ll schedule a mobile notary for you!
If you’re going to sign at the title company’s office, the title officer will assist you if you have any questions and will guide you on how to sign the documents.
If you prefer the mobile notary instead, the notary agent will meet you at the address that you provided and will guide you through the signing.
Getting your Cash!
Once all the executed documents are received by the title company, they’re going to submit the documents to the county for recording.
Note: The title company will NOT record the file if they haven’t received the money from us so you’re safe!
The recording usually takes 2-3 business hours.
Once recorded, title officers will initiate the fund disbursement!
Make sure all your utilities have been transferred, HOA or COA have been notified of a sale and or of your move out. Keep your insurance active through the date of closing. Make sure your postal mail was forwarded. Too often we go to a property, the sellers’ mails are sitting there after closing.
Leave Us A Review!
If you had a fantastic experience working with us, don’t forget to give us a 5 star review on Google and maybe mention who impressed you.
Was it too long? Don’t think so… Our transaction coordination team will stay on top of it, from step 1 to getting your cash fast. They’re going to make sure that the title company or title attorney will do their part. We’re big on customer service!
Get Your Fair Cash Offer Today! 100% Free!
“How Can I Be Confident That This Is Not A Scam And That You Will Close?”
There are indeed numerous investors and scammers in the industry, so it’s wise to question the authenticity of such offers. Simply obtaining the highest offer for your home holds little value if the buyer cannot fulfill their commitment, leading to a failed transaction. Many sellers seek our assistance after encountering one or even multiple unsuccessful closings with other home buyers.
“How Do I Not Get Scammed?”
Conduct thorough research on the investor or company you are considering working with. Look for reviews, testimonials, and references from previous clients. Work with established and reputable investors who have a track record of successful transactions.
Understand the process
Understand the process: Educate yourself about the real estate investment process, including common terms, practices, and legal requirements. This knowledge will empower you to make informed decisions and spot any red flags.
Take your time
Take your time: Avoid making rushed decisions. Take the necessary time to evaluate offers, conduct due diligence, and ensure you are comfortable with the investor and the terms of the transaction.
“This has been the smoothest transaction from start to finish. Each person I have spoken to have been fantastic. I would definitely recommend them to anyone. Thank you 3 Step!“
-Sheryl Weston. Manhattan, KS.
Get An Offer Today, Sell In A Matter Of Days
Looking to Sell Your House Fast for Cash?
…But You Want A Great Offer?
Our goal is to provide you with the best possible offer for your home, unlike many ‘We Buy Houses’ companies that often aim to give you the lowest offer. We invest our time and effort in conducting a thorough home analysis to ensure you receive fair cash value for your property. It would be counterproductive for us to present a low offer as it would not benefit either party. We value the time, money, and effort we put into the process, ensuring that you receive the best possible outcome.
Let Us Show You More Details On How To Get Your Cash Fast!
Our offers are derived from a thorough evaluation of your house’s After Repair Value (ARV). This approach enables us to determine the potential value of your property after necessary repairs and renovations have been completed. Our goal is to ensure that both parties benefit, allowing us to secure our profits while ensuring you receive the cash you need.
How Do We Calculate The Offer To Buy Your House?
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
After Repair Value (ARV)
The After-Repairs Value: This is the estimated value of a property AFTER it has been repaired, renovated, or improved. This will include before-and-after photos that make HGTV jealous!
Cost Of Repairs (COR)
The Cost Of Repairs: The Total amount of money needed to repair or fix the house AFTER we purchase it from you. It may include the cost of labor, materials, equipment, permits, and any additional expenses associated with the repair process.
Our Selling Costs
The Selling Cost: AFTER we have purchased it from you and fixed it up. We have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house to us. This is usually 10% all together of the selling price. ( Our Selling Cost = 10% x ARV )
We Take Out Our Profits
Our Profits: Since this is a business, we must ensure it’s sustainability by generating profits in order for us to sustain our operations, invest in additional properties, and fairly remunerate contractors. Nevertheless, we strive to keep our profit margins at the bare minimum to provide you with the most competitive offer.
Simply put, it all boils down to this simple concept:
Your offer will be based on the market value of your house in its fully renovated condition. We subtract all the expenses associated with bringing the house to its fully renovated state as well as our profit to ensure that we can continue providing our services while still presenting you with a fair and competitive offer.
Here’s An Actual Case Study
Let Us Tell You More By Giving An Example
Let’s say your house looks like this at its current condition:
Looks livable RIGHT? But it’s outdated, needs a fancy new outfit.
Now look at your neighbor’s house below, newly painted, new flooring, granite etc…
No wonder they sold this house for $350K, it’s beautiful!
So, if your house were to be sold in it’s current state, what would be the selling price? Given that it is projected to fetch $350K after complete repairs and renovation.
Sell Your House Fast, No Repairs!
Let’s say you pursued listing it and reached out to an agent, you were told that listing it as is would be $240k. On the day of closing, you see that a lot of deductions are made to your selling price, these include: 6% agent commissions = $14.4k, closing costs = $4.8k, which leaves you $220.8k. Closing MAYBE in a total of 4-5 months with never ending buyer/buyer’s agent/buyer’s lender negotiations.
That’s where we are different!
Our acquisitions team will analyze your property and provide you an offer within 24 hours. No need for multiple showings and outrageous negotiations.
Back to the computation, assuming your house is worth $350K at market value:
As-Is Value = $240K
ARV (After Repair Value) = $350K
COR (Cost Of Repairs) = $65K
Our Selling Cost = 10% x $300K = $35K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $350K – $65K – $35K – $40K = $210K
Your Offer = $210K
Close in days NOT months, all CASH without the headaches and we pay all the closing costs!
YOU WANT TO KNOW WHAT YOUR NUMBER LOOKS LIKE?
Get An Offer Today, Sell In A Matter Of Days
Why 3 Step Home Sale Offers Are Better?
At 3 Step Home Sale, our priority is to offer a competitive cash value to our sellers. We distinguish ourselves by focusing on volume rather than maximizing profits. By adopting this approach, we are able to assist a larger number of sellers like you, ensuring that our offers provide fair and reasonable compensation while keeping our profit margins to a minimum. We believe in creating win-win situations where homeowners can benefit from a swift and hassle-free sale while receiving a competitive cash offer.
The seller of this specific house agreed to our offer as they were in need of a quick sale, wanted to steer clear of agents, and desired a hassle-free experience. Another happy client in our books…
“From the start to finish it was a very positive experience and fast. Everyone was very professional and kind, I highly recommend them.”
-Leann Collyer. Midland, TX.