We Buy Houses: How Does It Work in Baltimore?

We Buy Houses: How Does It Work in Baltimore?
Steve Groom, with Maryland Home Buyers:

We Buy Houses“. So what the heck does that mean? You’ve probably seen the street signs near the intersections, or maybe you’ve seen the ads online. So is it a Scam? Is it a Rip-off? How does it work? Hi, everyone, this is Steve with Maryland Home Buyers. There’s certainly no shortage of We Buy Houses companies out there. If you’ve ever wondered whether these companies are legitimate or not, I’m here to tell you they are. But unfortunately, like any industry, there are some bad apples out there and it reflects badly on the rest of us. The purpose of this video is to answer the Number One question that I’m asked more than any other question. And that is simply, how does it work? And I’m going to answer that question once and for all. But just keep in mind that this is how we do it at Maryland Home Buyers. I can’t speak for the other companies out there.

Now, I need to be honest. This can be a bit … dry. And the reason for that is that it’s because it’s based on numbers. We don’t just pull an offer for your property out of a hat. We crunch the numbers to arrive at an offer price that we can pay for the house and still make a modest profit. And yes, we need to make a profit. We absolutely love what we do, but we are a business. However, we’re not out to make a killing off of one house. We do not make lowball offers to buy houses. The deal needs to make sense for both of us. Win-win. I will not twist your arm. I will not beg you to accept our offer. So if you’re ready, let’s talk about “how it works”.

There are 3 Easy Steps to selling your house in Baltimore. Step One is that you provide us with some information about your property. You can do this by phone, or you can do this by submitting one of the forms on our website. It’s your choice. Second, we review the information and then we get in touch with you. If your house meets our criteria, we then make an appointment to come out and take a look. And Third, within 24 hours of viewing your property, you will get an offer. If you like that offer, we then set a closing date that works for you. It’s usually around 30 days for the attorney to get everything ready for the settlement, but faster closings are available if needed. And you get your cash at closing. However, if you do not like our offer, then there’s no obligation to accept it. In fact, if you like, we can discuss some other options available to you in order to sell your house. That’s it. Easy as one, two, three!

So now you know the steps involved in getting your offer. But for those of you who want to know exactly what goes on behind the scenes to arrive at your offer price …stay tuned. On our newly updated website, we have created an entire page that provides you with a fully detailed explanation of how the process works from start to finish. But with that said, I’m now going to cover the most important points here in this short video. Our offer price is based on your home’s “After Repaired Value“. So what the heck is after repaired value? It’s the value of your house once it’s completely fixed up. We call it the A-R-V or ARV, and we formulate your offer based on this value. The ARV is similar to the “Comparable Home Sales that a realtor uses.

From that ARV number, we then subtract the cost of repairs, minus our selling costs, minus our profit margin. That gives us the price that we can pay to you and still make a profit. And for all you math lovers out there, or those of you who are more visual, please check out our “How It Works” page on our website. We’ve put all the details there for you. So please review that page right after this video. We simply add up the numbers. Our promise to you is that we will do our very best to bring you an offer that works for you. No obligation, no hassles. We will treat you right.

Our Mission Statement and our Core Values are clearly stated on our website. We’ve been in business since 2002. And there is zero cost to you for our services, whether we buy your house or not. So if you’re ready to get started right now, give us a call. I’m ready to take your call. I can be reached at (410) 657-2523. If you’re thinking about selling your house in the Baltimore area, then by all means, check us out. Take a look at our Home page. Take a look at our How It Works page. Learn more about us on the Company page, and read about our testimonials on the Reviews page. In fact, why not do a search for Maryland Home Buyers on Google? See what comes up. Or if you prefer, do a search for me, Steve Groom. See what comes up. The bottom line is this. We will treat you right.

Well, thank you very much for taking the time to view this video. I hope that you found this beneficial. Please check out all the great information that we put on the website. That website address is www.HomeBuyersMD.com. HomeBuyersMD.com. While you’re there, be sure to review our three main pages. Our How It Works page, which shows you all the nitty-gritty details on how we make offers. The Company page, where you can learn more about us, our mission, and our core values. And check out the Reviews page, where you can read about our Five-Star Reviews. To wrap things up, please give this video a like, and kindly share it with anyone who might benefit from it. This is Steve with Maryland Home Buyers saying thank you for watching, and we’ll talk soon.

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