Not very many people know about cash buyers for homes. Those that do, believe that by selling their home to a cash buyer, they will have to accept an offer far less than the full market price. This is not necessarily the case. When you work with LakeSideBuyers, you can expect to be treated with respect and fairness by a cash buyer not looking to low-ball you in your time of need. In fact, our cash offer might be equal or better than a full retail offer once you calculate all the expenses you avoid if you were to sell your home through the traditional home selling process.
Print the page below and use it as a worksheet to determine how much money you are likely to receive once you subtract the costs that are applicable. Your final figure should be approximately what kind of cash offer you can expect from LakeSideBuyers. We encourage to use this worksheet alongside our quiz: Should you consider selling your home to a cash buyer?
Start by entering the likely selling price of your home, based on its market value and the prices for which comparable homes in your are actually sold: __________
From this number, subtract the following costs and expenses, some of which will depend on how long on average homes in your area remain on the market:
Liens against your property __________
Cost of rehabbing the property __________
Cost of staging the property __________
Landscaping costs __________
Cost of homeowner's insurance during vacancy period __________
Home inspection costs __________
Holding costs __________
Transfer tax, if applicable __________
Attorney costs, if applicable __________
Homeowner association exit fee, if applicable __________
Home warranty for the buyer, if applicable __________
Real estate agent commissions __________
Closing costs __________
Final figure: __________
The final figure represents a rough approximation of what you can hope to net from the sale of your home. Keep in mind that the worksheet does not factor in the time you must invest in preparing your home for sale, some of which may take you away from your job and other responsibilities.
Even after completing this exercise, you may decide that it is in your best interests to sell your home through conventional channels. If, however, you are dissatisfied with the final figure you have entered above, especially in light of all of the work and effort it will take to achieve that figure, you should be aware that a cash offer from LakeSideBuyers could possibly match or even surpass that amount.
In the end, it won't hurt you to find out what we can do for you. By contacting us, you are not obligating yourself to work with us or to accept our offer. However, by knowing your options and establishing reasonable expectations of what you can achieve through various methods of selling your home, you are putting yourself in the position to make the best possible choice as a homeowner.