How Our Home Buying Process Works

Get A Cash Offer In 3 Easy Steps.

Getting Cash For Your Home Is Easier Than You Think!

We Buy Houses With No Agents – No Repairs – No Fees

Learn Our 3 Easy Steps To Sell Your House Fast

You likely have some questions about how it works when we buy houses in cash!

Here are the most common ones we get:

How does our 3 step process work?

What do we consider to formulate your cash offer?

How do we calculate your cash offer?

What are all the little details when we buy houses?

How long does it take?

Where do we buy houses?

Let’s get right to it and answer all your “how it works” questions!

How Does The Process Work | Philly Home Investors | Local Cash Buyers

3 Steps To A FREE, No Obligations Cash Offer


We make the process for you to sell your house as easy as possible. Here’s how it works when we break it down into 3 simple steps:

CONTACT US

Step 1. Fill out this form. Or Call Us at (215) 322-1648

All Cash Offer Start Below!

All Cash Offer Start Below!
  • This field is for validation purposes and should be left unchanged.

RECEIVE OFFER IN LESS THAN 24 HOURS

Step 2: Once we get your details, we’ll get right to work evaluating your house to form an offer. Remember, getting an offer is FREE, and there are never any obligations!

CLOSE FAST

Step 3: We’ll call you to give you your offer! We’ll ask you a few questions understand your situation and structure the best deal possible for you.

That’s it! Getting a cash offer is easy.

What We Consider When We Buy Houses


Meet David, it’s one of them you’ll talk to about your offer. Their goal is to give you the strongest offer possible so we can buy your house. To do that, we need to understand your needs. Like…


How quickly do you want to sell?

Why are you selling?

What’s the condition of the house?

How much do you need for it?

What’s important when you sell?


Learning about your situation is how we form an offer that’ll work for you since it’s never a “one size fits all” solution with something as big as to sell your house fast.

How We Calculate Your Cash Offer


“So how much am I going to get for my house?” This is usually what everyone is most eager to know. For good reason, you want to get a fair price! So let’s break down how it works when we calculate how much we can pay for your house.

First…

things first: we use a simple formula. There are 4 different parts of the formula and we’ll cover what each parts means and how we calculate them, but lets first take a look at the overall formula

The formula we use to make your offer: [ARV] – [Repairs] – [Trans. Costs] – [Min. Profit] = $$ YOUR OFFER $$

What does this mean??

Let’s break down each of the 4 different figures one by one, starting from the beginning…

The After Repair Value (“ARV”), is the price we think we can sell the house for after it’s all fixed up. To find this number, we look at recent sales for similar homes in your neighborhood. Sites like Redfin and Zillow are great resources to look for comparable sales.

Next is the cost of rehabbing the property (“Repairs”). This is what we estimate it would cost for us to fix it up. We like to do quick, in-and-out rehabs that keep our costs low instead of elaborate jobs – which is how we can pay more than the competition.

After that, we take into consideration the transaction costs (“Trans. Cost”). If we’re going to resell the house, we need to make sure we give ourselves room for the commissions, closing costs, and holding fees to come- which is usually about 10% of the ARV.

Lastly, we determine our minimum profit (“Min. Profit”). Real estate is how we support and provide for our family and if we aren’t profitable, we wouldn’t get to stay in business so this is something we must factor in. Our minimum profit is dependent on the purchase price of the home. The higher we pay for a home, the more profit we need to make to offset the risks.

Let’s put this all together…

So we start with what we can potentially resell the house for (“ARV”), then deduct all of the repair costs, deduct the transaction costs and minus out our profit… what is left is our maximum allowable offer – what we offer you for your house!

All The Little Details Of How It Works


 We buy houses without agents, so you will NOT pay commissions!

 We purchase properties in any condition – no matter what’s wrong with the house, you don’t have to fix anything or even clean it.

 We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.

 We pay cash for houses – this way there are no hassles like working with a bank and doing inspections or appraisals.

 We can close on your timetable – no matter how fast or slow you need!

 We buy houses “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can make more for houses if you are willing to take the money over time.

Where Do We Buy Homes?


The two main markets that we buy houses in are Pennsylvania and New Jersey state. We buy houses that we can either fix up and “flip” or properties that we plan to keep and turn into rental houses, whatever makes the most sense based on the numbers and the market.

But if you have a house you need to sell your house in another state besides Pennsylvania or New Jersey, we’d love to still take a look and give you a fair offer. We have boots on the ground in several other markets and buy houses nationwide. Some other popular markets for us would be Florida and Delaware state. Give us a call to see if we are in your area!

How Quickly Can You Get Cash In Your Hand?


This is completely up to you! How quickly do you need to sell your house? We move as fast as you need, or as slowly. We are out to make the deal work for you, so we can be as adaptable as you need. There are two parts to how it works…

How Long To Get An Offer?


We can give you an offer as quickly as 30 minutes after getting your information. The offer will still be contingent on viewing the property but if you need something more certain, we can be out to your house within the same day if you need and make an offer right on the spot. We truly work on your schedule.

How Long To Get Paid?


Again, this is going to be up to you! Are you trying to do a quick close and have your money in 7 days? No problem. Or, maybe you need 60-90 days so you can find a new house and get your ducks in a row before you relocate? It makes no difference to us! We’re adaptive and will line the deal up so it’s convenient for you.

Why We’re Better Than The Other Guys


We know you’ve got some options when you sell your house, so why work with us? Here are 3 reasons that make us stand apart from the competition.

We’re a family-owned business and we treat everyone we work with as an extension of our family. Learn more about our family team through our company page!

You won’t find another home buying company with as many HAPPY reviews or testimonials from other verified sellers! See what others have to say about us on our reviews page.

We are 100% transparent about how it works when we buy houses – our processes are laid out and we show you our numbers!

Ready to get a cash offer for your house? Requesting an offer only takes two minutes and is completely FREE. Remember, there are never any obligations either! We promise you will never have to deal with a pushy salesman when you are dealing with us!

All Cash Offer Start Below!

All Cash Offer Start Below!
  • This field is for validation purposes and should be left unchanged.

Lots of Great Google From Happy Sellers 😊


Look At All These Google Reviews. Sooooooo Many People CAN’T Be Wrong!

Everything 100% FREE. No Obligations To Accept. You Can Always Say “No”.