How We Get You a Fast Cash Offer
If you’re wondering how you can take advantage of selling your home fast for cash, we’re here to explain the process. Unlike competitors, we have cash available to buy your home. This means we do not require the assistance of a bank loan or private lender.
We are the actual end home buyer. Most other real estate investors need to buy your house at a highly discounted price because they are a smaller company and they simply can’t afford to hang on to them. In most cases, these types of companies will assign or resell it to a company like us, who is well funded and pays the highest price possible.
When you sell your home to El Paso Cash Home Buyers, you avoid the middleman and get paid top dollar.
What is the cash offer based on?
When you first contact us, you should already have an idea of what your home is worth. If you haven’t done the research, you can take a look at our page “What is Your House Worth” to learn about free public information that can give you insight as to what goes in the price of your home.
We have an in-house underwriting department that calculates a very fair cash offer based on numerous market conditions, such as the condition of your house and what comparable properties are selling for in the area. Other factors include:
- Approximate cost of necessary remodeling (remember, we handle all repairs)
- Property taxes
- Future market value after renovation
Our cash offers are competitive. The majority of local home cash buyers can’t come close to our deals. If you find a legitimate offer that we can’t beat, we will pay you $500 in cash.
The process of getting you money is simple.
Our goal is to make the sales process as seamless as possible. We can get you a cash offer in 24 hours, guaranteed. Once you accept our cash offer, you tell us the day you’d like to close. In many cases, we can have you out of your house and money in your hands in as little as 7 days.
To provide you with peace of mind, we are able to send you proof of funds so that you feel secure knowing there’s legal documentation behind our promises.
Why Our Cash Offers Beat Competitors
At El Paso Cash Home Buyers, we don’t require financing through a bank, which means you don’t have to worry about our ability to close on a deal. We buy your home in any condition, without ever asking you to clean or make repairs.
The difference in this process is that if you used an inspection contingency, the buyer has time to do an inspection and back out of the sale or negotiate a new price if repairs are needed. If you and the buyer can’t come to an agreement, the buyer has the right to back out of the sale altogether. Likewise, a financing contingency gives the buyer room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
How to Avoid Being Scammed When Selling Your Home for Cash
Like many industries, the real estate market is crowded and unfortunately is full of scam artists who present themselves as cash home buyers but do business illegally. Here’s what you should avoid when selling your home for cash:
Paying fees. A genuine cash home buyer should not charge you a fee associated with their service.
Signing an ‘option agreement’. If you’re asked to sign an option agreement this indicates that cash funds aren’t available.
Failing to provide a balance sheet. A real cash home buyer should be able to provide a balance sheet that proves they buy homes and most importantly, it validates they have sufficient cash to buy your home.
You will also want to avoid cash home buyers that can’t pay you right away. In a nightmare situation, home sellers have been fooled into selling their home to wolves in sheep’s clothing. If a cash home buyer cannot provide you with legal proof that the funds are available or says the cash will be available in a few weeks or months, you should immediately back away from doing business with such buyer.
Absolutely No Hidden Fees
The cash offer we present you is 100 percent guaranteed. We also will not hit you with surprises or hidden fees. Unlike a real estate agent, we don’t charge a commission or require an upfront cost.
We’ll Buy Your House for Cash in as Little as One Week
Ready to sell your home fast for cash? Get in touch with us today to get the process started. We can be reached at (915) 229-8974 any day and time of the week!