How to Sell My House in New Jersey for Cash - Our Simple and Hassle-Free Process
You've searching using terms like sell my house in NJ fast and cash home buyers in NJ and now you need to know how the process actually works. The sections below break down our simple, hassle-free process to help you sell your home quickly and confidently. First, we’ll give you a quick overview of the key steps to sell your house—no confusion, no guesswork. Then, we’ll share a real-life example of a successful cash home sale from a homeowner who trusted us and walked away with a fast, fair cash offer.
How Do I Sell My House in New Jersey Fast?
Our home-buying process is as easy as 1-2-3!
1Fill Out The Form
Share some information about your property. Our team will review the details of your home and determine the market value as if it were already repaired, cleaned and updated to brand-new condition.
2 Schedule Your Appointment
Within 24-hours, our team will reach out to learn a little more about your property and your goals, and then schedule a walk-through (in-person or virtual) at your convenience. Once we view the property, it will enable us to calculate how much it will take to renovate your home. From there, we generate a fair cash-offer for you.
3 Choose Your Closing Date
If you like offer, fantastic! You let us know when you would like to close. You get the cash, we get the deed and everyone is happy!
It is that easy!
How Our Cash Offer Is Generated:
We believe in transparency, so here’s exactly how we come up with your cash offer. We use a simple formula that ensures you get a fair and competitive price for your property:
[Your Offer] = [After Repair Value] - [Cost Of Repairs] - [Our Selling Costs] - [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
Determining the After Repairs-Market Value Of Your House
After-Repairs Value (ARV): simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
2
Calculating Renovation Costs
The Cost of Repairs: is how much it would cost US to renovate the house and make it look spectacular, ready for the market. This would include: clean-up, working through code-driven repairs (fire, electrical, structural), and improvements that will maximize its value when we put it back on the market. This means a higher offer for you and a reasonable profit for us.
3
Factoring in the Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need the ability to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4
Evaluating Our Profits
Our Profits are reasonable and necessary in order to continue providing value and support to our customers. Like other service-providing entities, without profit we wouldn't be able to sustain our ability to purchase properties and pay our contractors and all those working hard behind the scenes. Rest assured our profits are fair, and our commitment prioritizes the highest possible offers to ensure they meet your goals, while allowing our business to continue to run successfully.
Simply put, it all boils down to this simple concept:
Your offer is the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).
I needed cash fast, and he gave me a great offer, and closed quick!
Pinchos S - Camden NJ
Our Process In Action - A Case Study
1
This is an example of a home we purchased. Now, let's imagine this is the current condition of your home. It's not bad at all, but it could use some TLC and major updates to raise its value and align it with the market value of similar homes in your neighborhood.
Now, say you happened to do some research, talked to an agent or recently had your house appraised, and you found out that the As-Is value for your home is $175K.
2
You know your neighbor (with a home comparable to yours) just sold their house for $400K. Cha-Ching! Keep in mind, they completely renovated their home to get it looking stunning and HGTV prior to putting it on the market.
If you're in a situation where you would like to sell but cannot afford or have time to remodel or make any updates, that's OK!
2
You know your neighbor (with a home comparable to yours) just sold their house for $400K. Cha-Ching! Keep in mind, they completely renovated their home to get it looking stunning and HGTV prior to putting it on the market.
If you're in a situation where you would like to sell but cannot afford or have time to remodel or make any updates, that's OK!
3
In order for your home to sell in that $400K range, cash house buyers (like us) will need to invest in the renovations and provide that TLC in order to get it to a comparable market value.
Knowing this, we would not be able to buy your house at $400K in its current, As-Is, condition. I think we can both agree that no one would ever do that. So how much will we actually offer? Let's do some math, shall we.
It's All About The Numbers
- As-Is Value = $175K
- ARV (After Repair Value) = $300K
- COR (Cost Of Repairs) = $85K (this will vary based on level of repair needed)
- Our Selling Cost = 10% X $300K = $30K
- Let's say our Minimum Profit for this purchase = $40K
Your Offer
[Your Offer] = [ARV] - [COR] - [Our Selling Costs] - [Our Minimum Profit]
Your Offer = $300K - $80K - $30K - $40K
Your Offer = $150K
A Proven, Transparent Process That Works for You
Buying houses for cash fast is exactly what we do. We buy houses in New Jersey from homeowners like you.
Any condition, we will do our best to give you our highest offer the first time, every time. Just fill in any form on this website to get your offer started.
Why Trust Us To Buy Your NJ House Fast? Don't Just Take Our Word For it.
Hear About Our Previous Clients' Experiences Working With Home Purchasing Pros And Get Your Free, No-Obligation Offer Started Today!
Cindy D. [Berlin, NJ]
Allan just gets it. Hes family-oriented and a professional, and Home Purchasing Pros was a blessing! I was skeptical, but once we read over his website and filled out his form, the rest was history- he did all of the heavy lifting for us and our family. We were under tremendous stress and he walked us through his entire process step-by-step...
Matthew G. - [Glassboro, NJ]
Working with Home Purchasing Pros was a fantastic experience! The process was seamless, fair, and they fully considered my needs as a property seller. I've already recommended Allan to other property owners in the area.
Serena B. - [Phila, PA]
We can complete the closing We needed to sell my dad's home because of health issues. I searched Googled and found Home Purchasing Pro and we're grateful to have found them. The process was quick and easy. I was stressed out, but they helped to set me at ease. I highly recommend them. in 7 to 14 days, or on a day that works for you.
Sell Your House in NJ With These Benefits
Sell your NJ house with us and enjoy a transaction with No banks, No lenders, No third-party decision-makers, and No third-party delays. The power behind our cash offers is that we are dealing with our own money. If we say we will buy your house, relax and take a load off, because we will buy your house. No risk, No obligation, and completely hassle-free.
We will present your offer 30 minutes after we have seen your house.
Our Services Don’t Cost Anything
Our services are completely free of charge.
No Cleaning, No Repairs, No Hassle
There will be no official inspections or contingencies. Need help moving or need a little more time? We'll help you there too!
This means you won't have to worry about paying hefty commission fees.
No Closing Costs
We will pay all closing costs and fees. Receive your cash in as quickly as 7 to 14 business days, or on your schedule.
We Will Beat Any Offer
We are so confident in our fair offers & you will never receive a low-ball offer. Check out the Case Study above.