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No Agent Commissions, No Cleaning, No Repairs!
Easy As
We eliminate the “middle man” (the agents, banks, inspectors, etc.). By paying cash we can significantly “uncomplicate” things. We can truly make buying your house easy as
Learn about our CASH for Homes Process. Here we are going to walk you through the entire process of getting your No-obligation-to-accept, all-cash offer started. Don’t worry, it is all free without any cost involved and without any obligation to accept any offer we make you. If you would prefer to talk to a live person feel free to call me at my direct line at (410) 657-2523.
Send Us Some Info
Just fill in the form below, and you’re all set! We’ll get the process started.
We’ll Get In Touch
We’ll call you and make an appointment. We can do Virtual walk-throughs if you prefer.
Get Your Offer !
If you like our offer, we then simply set a closing date of your choice & get your cash at closing.
This explains the Steps that are involved, but what exactly goes on behind the scenes?
To sell your home Fast in Baltimore, we encourage you to educate yourself before you decide what options are best for you.
What follows next is a well-thought-out, fully detailed explanation of how the entire house buying process works from beginning to end. Please read through this as reading this article will make you an expert on the topic of selling your house!
Hi, I'm Steve. Get a FREE Offer from a Trusted Home Buyer in Baltimore. Fill in this Form to get your No-Obligation Offer Started!
Thanks to Steve for saving us from foreclosure
Thanks to Steve for saving us from foreclosure on both our 1st & 2nd mortgages. By purchasing our property, we were able to hold off the bank from foreclosing on us & ruining our credit forever. If you need to sell your house fast or avoid foreclosure, Steve is the Expert that you need to get it done. Thanks for all your help!
“We Buy Houses” companies will often try to give you the lowest possible offer. This doesn’t make any sense to us. We spend time and effort doing your home analysis so that we can get you cash for your home here in Baltimore. We spend time and money driving to properties all over Baltimore & the surrounding areas. All of our services are 100% FREE to you! No one will accept a low offer and we would have wasted so much time, money & effort.
Therefore,
Maryland Home Buyers has been in business for over 19 years and we stay in business by getting our offers accepted. The only way to do that is to present offers that are fair & that you’ll be happy with! We truly do our best to provide you with the best possible offer we can give. Now you know why we have such raving reviews! 🙂
So, what does that mean? It simply means that we look at what the value of your home would be -completely fixed up. Based on this value we will then formulate your offer!
But How Exactly?
Well, imagine that you have a house that you want to sell…
Now, also imagine that your neighbor has the exact same- identical house as yours- except for a few upgrades they made… let’s say, they added granite countertops, removed the wallpaper, applied a fresh coat of paint, put a new roof on, and put in hardwood floors.
Now Imagine he sold his house for $200K.
What Do We Know Now?
Well, we know that If we make the same upgrades to your house (AFTER we buy it from you of course), bringing the house to a very similar condition as your neighbor’s house, we would also be able to sell it for $200K.
So,
We know the Market value of your house if we fixed it up (in this case $200K), and we know the cost of the repairs & upgrades. We can now make an offer that works for us. If this offer also works for you- great- we can close and you get your money at closing! As you can see, we make offers based on the potential market value, and not based on how desperate you may or may not be to sell your house.
So, for all you math lovers out there, you will love this section. We value honesty and transparency, as I’m sure you do as well. We have no issues sharing with you how exactly we formulate our offers.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
But in order for you to understand this we need to define some terms.
After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house. Yup, we are just like your favorite house flipping show on TV.
Cost Of Repairs (COR): This is what our cost will be to fix & update the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we do have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we now have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us. This is usually 10% all together of selling price. (Our Selling Cost = 10% x ARV)
Our Minimum Profit: Yeah, this IS a business for us after all, and we wouldn’t be able to stay in business, buy more houses, pay contractors, plumbers etc, if we didn’t make some sort of profit. However, we keep this to an absolute minimum so we can present you with the best possible offer. See, our business model is structured around making many deals with a little profit per deal, and not a few deals with a huge profit per deal. This benefits all.
So what does this formula mean in plain English? Simply this:
The market value of the house (after we fix it up), minus ALL our costs to fix it up (including our profits), will be the offer that we make to you. How simple is THAT! Congratulations, you are now an expert at this! You now know more than most other home sellers!
We go by the numbers & leave emotions out of it. We do not make offers based on how desperate you may or may not be. We don’t base our offers on some percentage of the After Repaired Value. We simply add up the numbers trying hard to give you the best possible offer that we can make. We want to make sure you will be happy, and thus to make sure the contract will be signed, so that we can get our next project going! Makes sense, right?!
Yeah, yeah, we know everyone says this. But we really will do better. We will show you why this is true, or at least we try to make this true 😉
First, the reason why our offers are so good is that our offers are based on the value of your house as if it were completely fixed up and updated. Yes, we figure out how much your house would be worth if it was completely updated. Then we factor in the cost it would take to fix or update your home.
Second,
Okay, here is where the cost of the repairs comes in. If we can keep the cost of repairs down, we can obviously give you more cash for your Baltimore MD house, as previously explained using our equation above.
So … we try to do as much of the work ourselves so that we do not have to pay expensive contractors to do everything. Well, isn’t that nice of us!
Obviously, we can not do this for every house as we buy so many houses at a time, but we can genuinely try to keep the contractor numbers as low as possible so we can get you the best number for your house in cash here in the Baltimore area.
So why do we go out of our way to give you the best possible offer?
Well, think about it! If we can give you more than our competitors can, you will sell to us. And that is what we want.
There you have it. We hope this helps you to understand how it works, and how we determine our offer for your property. Do you have any other questions? If so, please give us a quick call at (410) 657-2523 or check out our Frequently Asked Questions (FAQ’s) page.
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Maryland Home Buyers is your LOCAL House Buying team in the Baltimore area and we have been providing Maryland homeowners with trusted solutions since 2002. We are a family-owned business with a track record of happy customers and business associates. Regardless of your reasons for selling your house, we can help. If you need to sell your house for CASH in and around Baltimore, Maryland, we buy houses Fast … the Free, Easy & Hassle-free Way! Our Promise to You is that we will do our Very Best to bring you an Offer that Works for both of us. No obligation. No Hassles. We will treat you Right, per our Mission Statement & our Core Values.
Simply let us know about the property you’d like to be rid of. Submit your property information through our form, or talk to someone on our team by calling us today at (410) 657-2523. We answer the phone when you call & we welcome any questions you may have. 🙂
