How Do I Sell My House In El Paso For Cash?
We Offer Cash For Your El Paso House Fast. Here’s How. . .
By eliminating the middle person (banks, agents, inspectors) and making you a fair cash offer, We simplify the process!
Home Selling Made Simple.
Easy As…
Let us be your guide, and walk you through the entire process to get your no-obligation- all cash offer! Don’t Worry, it’s completely free, with no obligation to accept.
SEND US YOUR INFO
Fill in the form below and you’re all set! We’ll get the process started!
Schedule Your Appointment
We’ll get in touch to schedule an appointment to walk the property.
Get Your Cash
If you like the offer, fantastic, we simply set a closing date & get you cash at closing.
“If you want to sell your home with the assurance it will get sold then Mr. Evan Karam and WeBuyCasa are perfect for you! Professional, attentive, and caring to your family needs.”
David Lent- El Paso, Tx. 
So by now I’m sure you’re asking how does this process exactly work? Here’s what exactly goes on behind the scenes.
To sell your home, first we encourage you to educate yourself before you decide what your best options are. What follows next is a well thought out, fully detailed explanation on how the entire house buying process works from beginning to end. Please read through this as reading this article will make you the expert on the topic.
1) Find a cash buyer.
The most common method for finding cash home buyers is by doing a
search for: “We Buy Houses [yourCity] [yourState]“, “Sell My House Fast [yourCity] [yourState], or “Cash For My House In [yourCity] [yourState], and choosing the top ranking results underneath the ads. The ad results often are not proven to be reliable or reputable as people simply pay to be on top. They are not on top because they are reputable.(Ads can be recognized by the letters “Ad” preceding the listing). You definitely want to scroll down and review companies that are ranked organically located below the map section.
2) Due your due diligence.
Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page, and make sure there are credible reviews from real actual people that sold their house to them. What you are looking for is transparency, a neat, clean and professional polished website, clear explanations, and professionalism. The website is a direct reflection on them and their business. If a business owner doesn’t take pride in their website they don’t take pride in their business and may not be the wisest choice to do business with.
3) Submit your info.
Once you found a reputable house buyer, it is time to get your cash offer started by submitting your information. The information needed from you is 1) a reliable way to contact you (usually a phone number or email address), 2) the address and 3) some details on the current condition of the house and what repairs it needs, if any.
4) Schedule your appointment.
Once the information is received, an appointment can be scheduled where you can meet the buyer, and walk through the property together. You can ask them any questions you may have and by the end of the walkthrough your offer is presented and discussed. There should never be any costs associated for these services and the offer is a no obligation to accept offer. Most reputable property buyers understand that this is a critical time in your life and you have a big decision to make so more often than not, they would respect the need to think it over and you should have a cash offer friendly attorney look over the contract.
5) Schedule your closing date and get your cash!
If the offer presented is to your satisfaction, you can set a date for closing. It usually takes anywhere from 7-30 days for the title work to complete. There are a number of factors that dictate how fast we can close and get your cash. As long as there are no judgements, liens, or any clouds that could restrict you from being able to convey the property, there should be no problem closing in 7-14 days. After the closing you will get your get cash via check or bank wire and that’s it. You sold your house for cash to a cash buyer successfully! Usually it is the cash buyer that will pay for all closing costs, making sure the transaction is as attractive as possible for you, the seller.
Fill The Form Below To Get Your Free Cash Offer!
The Offer:
Our offers are based on the After Repaired Value of your house. This way we can make the highest fair offer for your house where we can walk away with our profits, and you with the cash you need. Here is a breakdown of how the offer is generated.
[After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit] = [Your Offer]
This Is How We Calculate Our Cash Offers:
1) We Determine The After Repairs-Market Value Of Your House.
The After-Repairs Value: (or “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. We determine the after repair value by performing a comparative market analysis of recently sold homes similar to the subject home after renovations.
2) We Calculate The Cost of Repairs
The Cost Of Repairs: is how much it would cost us to renovate the house and make it look spectacular, ready for the market. We obviously strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
3) We Determine Our Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, in order to give you a higher offer, we do need to be able 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) We Take Out Our Profits
Our Profits: This is a business and without a profit, we wouldn’t be able to stay in business, buy houses, pay our contractors, and plumbers, etc. We make our money by flipping MANY houses, NOT squeezing the most amount of profit out of each deal and low-balling the seller! Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers in the first place and we’d be out of business!)
Simply put, it all boils down to this simple concept:
Our formula prioritizes a fair offer to homeowners while allowing us to maintain a sustainable profit model.
Here Is An Actual Case Study:
Below is an image of the latest property we just bought and renovated. The sellers needed to move out of town and just needed to sell fast for the most they could get. The sellers found us online and reached out to us to schedule an appointment for us to come see the home.
Before arriving at the appointment, we conducted a market analysis to determined how much the ARV (After Repair Value) was for similar homes that sold after they were remodeled. We determined the ARV was around $210,000. When we arrived at the house, we walked the house, making notes of any repairs and upgrades needed in order to be able to sell the home for $210,000. We estimated the house would need around $40,000 in repairs. (Yes below is the same kitchen after we were done with it!)
Now that we have the ARV and the cost of repairs, we were ready to make our offer. Here are the numbers:
As-Is Value = $110K
ARV (After Repair Value) = $210K
COR (Cost Of Repairs) = $40K
Our Selling Cost = 10% x $210K = $21K
Let’s say Our Minimum Profit For This Purchase = $30K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $210K – $40K – $21K – $30K = $119K
Your Offer = $119K
Now we ended up coming up to $125,000 and selling the house for $205,000 netting us less than we expected, but Hey! That’s the reality of the biz! We still made money, and everyone walked away happy at the end of the day and that’s all that matters!
The fine print here is not every situation will be exactly like this, but that is why you fill in the form below, so we can see what options are available to you and how we both walk away with a win. We understand everyone’s situation and needs are different and there is no one-size-fits-all strategy.
More About Us
Please visit our About Us page to learn more about what we are all about. I think we are quite interesting, but you’ll be the judge 🙂