Our #1 aim is to get rid of the middlemen (ibuyers, realtors, lenders, appraisers, inspectors, etc.) when we buy your house. Since we keep things simple and pay cash, we can significantly uncomplicate the process. We can truly make buying your house a Zen Experience.
What Is The Process To Sell My House?
We want to make the process as simple as possible when you work with us. We buy houses directly with cash, so you avoid the hassle of traditional financing and agent fees. This means a simpler, faster sale on your terms. Just accept our offer, pick your closing date at a local title company, and walk away with cash in hand. Selling your house has never been easier!
Getting started is easy, just fill out this form:
Get An Instant Cash Offer For Your Home
How Do We Come Up With An Offer?
We understand that oftentimes, the most important detail about if a company is right for you gets down to what the offer is. That’s why we like to be completely transparent about how we formulate our offers. If you’re the analytical type, this part is for you! Here is the formula that we use….
ARV – REPAIRS – SELLING COSTS – OUR PROFIT = $$ YOUR OFFER
First, we start with the After Repair Value – aka the “ARV”
This means that we need to determine what your house would be worth if we fixed it up and got it into 2024 standards for tip-top shape. Kind of like what you would see on HGTV and what they make houses look like. Based on this number, that is the first thing we need to determine how much to offer you for your home. To find this number we look at recent sales for similar homes in your neighborhood. We want to look at what other homes are selling for. Zillow and Redfin are great resources to find this.
Second, we need to calculate the Rehab Budget
This is how much it will cost us to fix up your house and do all of the updates to get your house looking like something that would be featured in an HGTV show. In other words, how much it would cost us to get the house to its ARV.
Next, we have to determine all the costs involved with selling
After that, we consider our transaction costs. If we resell the property, we need to make sure that we are giving ourselves room for the commissions, closing costs, and holding fees that we will end up paying – which is typically about 10% of the ARV – that first number that says how much we could resell your house for.
Finally, we need to find our minimum profit
Fixing up houses and reselling them is how we make a living and put food on the table. So of course we need to take into account making a profit from all of the work that we plan to do. Our minimum profit is determined on the price of the house. The higher the price of the house, the more we need to make so that we can offset the risks involved that come with real estate investing.
How It Works In More Detail…
Do we need to see it in person?
In most cases, we can make you an offer before we even step foot in the property. We want to be respectful of your time and get you our offer as quickly as possible. Of course, we typically prefer to see the property before we close on it, even though we don’t need financing that requires an appraisal.There are a few reasons for this:
- Accurate Valuation: A visit allows us to assess the property’s condition and just make sure that we are accurate on our numbers for the renovation costs.
- Avoiding Scams: As a reputable cash buyer, we just like to verify the property’s existence and avoid accidentally getting involved in a scam – as should you! Meeting face to face always gives an extra layer of protection for everyone involved.
Of course, exceptions can always be made. We know that every situation is always different and its always our aim to work around the circumstances of the sellers that we serve. For instance, a very common scenario that we work with is people that have inherited a home and they live out of state from the home. There are even times when we have paid to have a house rekeyed when the owner no longer has access to it. We pride ourselves on being problem solvers and want to make the process as easy as possible for you.
What is the biggest benefit to selling to The Zen Experience Property Co?
SPEED, CERTAINTY AND CONVENIENCE!
- Speed: Cash sales close much faster than traditional financed sales. This is because there’s no waiting for mortgage underwriting, appraisals, or loan approvals. The whole process can be completed in a matter of weeks, depending on the paperwork.
- Certainty: There’s no risk of the sale falling through due to financing issues. With a cash buyer, you have a guaranteed sale as long as you agree on the terms. This provides peace of mind and eliminates the uncertainty that can come with a traditional sale.
- Convenience: Another major benefit of selling to a cash buyer. Here’s how cash sales can be more convenient than traditional financed sales: Less hassle, faster closings, simple paperwork, and direct communication.
Where Do We Buy Houses?
All over Southern California! But if you have a house located outside of SoCal, we’ll take a look there too. As a investor that is involved in lots of national groups, there’s a good chance I have a friend buying in another market too. We’re here to help and get you connected with the right people. Just fill out our form to get started…
Get An Instant Cash Offer For Your Home
Still have questions?
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