How Our Home Buying Process Works
- First step is to Contact Us and tell us about the house you’re looking to sell. We’re friendly, professional, and can help you sell your house fast if that’s what you’re looking to do. Fill out this form here or call us at (262) 207-4401!
- Step Two in our Cash Offer Process is to wait for our call. Don’t worry, we normally respond in a matter of minutes. On this call we’ll get a few more details and set up a time to come see the house. If the home meets our criteria we can buy the house fast for cash.
- After the walk through we will either give you a no-obligation cash offer on the spot, or if we need a little more time to review we will send it in writing later that day. Either way, we make you a fast cash offer.
- If you like our offer and decide to sell us your house, we head straight to closing. No contingencies, no inspections, and no fees. You choose the closing date and then we close at a local title company.
Isn’t that an easy way to sell your house???
Common Questions About How We Buy Houses
1. Do you only buy houses fast?
No. Because we pay cash we do have the ability to buy houses fast, but we buy your house on whatever timeline you like. If you’d like to sell us your house and then rent it back from us for another two months while you figure out a game plan, we’re happy to help.
2. What information do you need to make me a cash offer for my house?
Not very much. We do most of the property research on our own from public records. We would need some basic information about the house, why you’re looking to sell it, and how fast you’d like to close. Everything else we will determine about the property at the walk through.
3. What does AS-IS mean?
This means that we buy your house in its current condition and you won’t have to make any repairs to the property. It also means that you are never liable for anything we discover after we have bought the home. All of our offers contain the following language: “Property being bought AS-IS. Seller makes no representations or warranties as to the condition of the property either express or implied.” This way when we discover additional issues we didn’t see on the initial walk through (which happens every time) you’re never on the hook.
4. What does “all-cash offer” mean?
All-cash means exactly that! It means we are purchasing the home with our own cash so we don’t have to rely on banks or traditional financing, and this makes the sale of your house much faster and easier. It also means there is no financing contingency in our offer and no possibility of closing being delayed. Cash home sales are fast and easy.
5. Are cash home buyers even legit?
Yes, too legit to quit! The business of buying and rehabbing houses for cash is a business just like any other. The thing to determine is whether the company your’e considering selling your house to is ‘legit.’ Read reviews, have a conversation, learn as much as you can about them. Are they reputable and professional cash home buyers?
6. Will I get a low-ball offer?
We write fair cash offers and we never lowball. Every offer we bring to a seller is our highest and best, or our Maximum Allowable Offer. Read the next section to learn how we make our offers for houses.
How Me Make Our Offers…
Every offer we make follows a simple formula. This is it.
| ARV: This is our starting point, the After Repair Value of the Home or what we hope to sell it for. We subtract from that our: |
|---|
| Repair Costs (what we’ll put into the house fixing it up) |
| Holding Costs & Selling Costs (our cost to hold the home and sell it again in a few months) |
| Minimum Profit Margin (We run a business after all and the goal is to sell the house for a profit) |
| To get our MAO – Maximum Allowable Offer or Our Cash Offer to You |
In this way we don’t guess when it comes to a home and we never make our offers based on the actual situation of the seller. We can make fast offers because we buy homes according to this simple formula. We don’t low-ball to feel somebody out. Every offer we bring is our Maximum Allowable Offer based on this simple formula.
We are fair, honest, professional, and legitimate home buyers!
Other Things to Consider…
While the majority of sellers choose the cash option, there are many ways to sell and buy a house if speed is not the most important factor.
Since we are real estate professional we are well versed in many of these alternative options, we like to give sellers multiple options when it comes to selling us their house. If the home is free and clear our hands down favorite method is seller financing. It works like this:
We give you a substantial down payment for your house and then you give us a mortgage on the property. All of this still happens above board at the title company. We then make monthly mortgage payments to you with interest for whatever term we agree on, and then pay off the mortgage in full at the end of 2, 3, or 5 years. The amount of additional cash this can net a home seller because of the interest is simply astonishing. It truly is the biggest Win-Win we can come up with!
We also routinely take over mortgage payments for people that can’t afford them but don’t have a lot of equity in the property. This is known as purchasing a house subject-to existing financing.
All that said, cash is still the most common and everyone’s favorite because cash is so simple. Either way, if you are free and clear, don’t have much equity in the house, or just want to hear what options we can give, reach out to us!
Selling Your Wisconsin House Can Be A Quick & Easy Process
Atticus Home Buyers buys houses all throughout Wisconsin, including Milwaukee, Madison, and Green Bay, but everywhere else in WI too!
If you’re considering listing your house or selling to us, read here for a comparison of those options.
When you work with us there are no fees and no commissions like there are when you list your house to sell with a realtor. You never have to worry about extra costs to sell your house fast coming out of your pocket, or even getting your home “market-ready” in order to sell. We want to buy your house for cash as-is.
Whatever the condition or situation of the home, we would love to speak to you. Call us today at (262) 207-4401!
