Three Easy Steps To Working With SILT Real Estate and Investments, LLC
Fill out the form below or call us to tell us about your house. You’ll give us some basic details so we can start to compile the stats we need to give you a fair cash offer.
Get My Offer Started Now
We meet at the property to verify the details you’ve provided and to present you with our no-obligation offer. You get to decide if you want to accept it.
If you like our offer and accept it, we close at a local title company or attorney’s office on the date you choose.
Yep! It’s REALLY that easy!
If you think this is the best way for you to sell, or you just want to see how it goes, fill out the form below. If you want to know what goes on behind the scenes, read the article further down.
Contact Us Today To Get Your Offer Started!
Get Started With My Offer!
We Want You To Sell Your House… And Get The Most Cash
SILT Real Estate and Investments, LLC knows that selling your home is a big decision and it’s not taken lightly! We also know that you probably have a lot of questions and some of this process may be confusing. You are probably still wondering if you’re really going to get a fair cash offer from us. So to be completely transparent, I want to go over how we come up with our offer. Also keep in the back of your mind, that some companies will make an offer without seeing the property. We don’t believe that allows for the most thorough evaluation, so you may get an offer from us without seeing the property, but it will always be contingent on verifying the details provided and we will want to see the property.
So no matter what kind of property you’re selling, we give you all the info you need to make the most informed decision and are transparent about the process all the way until closing. And you never have to make a repair or clean, and there are never hidden fees or commissions.
How Do You Calculate Your Offer For My House
This is a common question everyone asks and it’s no secret in the industry, so we might as well tell you and get it out in the open. There’s a secret to it though. There are TWO variables and we’ll talk about them, but first, you should know that your offer is based on your After Repair Value (ARV). We subtract sale costs, rehab costs, and our profit. So the formula looks like this:
Let’s talk about each part
After Repair Value (ARV) is the estimate of the value of the home after it has been rehabbed. This is one of the two biggest variables cash home buyers may have.
Sales Costs are what it costs us to sell the home after we have repaired it. Even though we buy houses without agents, you get to avoid these costs when selling to us. We do need to use them to sell the house after all the work has been done. So we’ll have to pay agent fees, closing costs, title fees, taxes, and holding costs to sell the newly rehabbed property. Most cash buyers estimate this at about 10% of the final value or ARV.
Rehab Costs are our prices and costs for rehabbing the property and making it look pretty again. This is the second biggest variable cash home buyers have when determining your offer.
Minimum Profit is what it sounds like. It’s the minimum amount of money we’d like to make when we sell the property. This is a business and we won’t be able to continue staying in business and employing other local businesses if we don’t make a profit. This is technically a third variable. What makes us different is that we don’t try to maximize the profit for just us. We try to make sure everyone walks away with their fair share.
If you like the transparency we offer, and want to see what our offer is, just fill out this form or call us at (708) 415-3801!
The 3 Most Common Ways To Sell Your Home
Selling Your House With A Real Estate Agent
(AKA “The Traditional Way)
This is the way most people know and use to sell their home. It has been around the longest and it is the most common. It’s really for those who have a house ready for market. They don’t mind spending money on repairs or don’t mind multiple showings and open houses. You know, those who can really wait out the market to make as much as possible and don’t mind paying agent commissions.
It has worked for many years and it is a great way to sell a house. It just costs time and money.
Selling For Sale By Owner
(Selling yourself FSBO)
Some people have figured out a way to sell their house and save on agent commissions. That’s doing everything themselves and selling it yourself. You do all the same things an agent does, without the full benefit of the MLS.
Selling Direct To A Cash Buyer
(The Fast Cash Way)
In this option, you sell the house directly to a cash buyer, like SILT Real Estate and Investments, LLC, who helps you close the transaction quickly. You get to skip everything you’d have to do to sell it yourself and you close in a lot less time. You pay no fees or commissions and avoid the hassles of repairs, showings, and marketing the house yourself.
Of course, for managing the transaction for you and making sure the transaction is as easy as possible, there is a bit of a discount. It’s something you should consider when you consider selling this way and talk about with any cash home buyer.
With us, we show you the expectation of listing it on the market as well as what our offer would be. You get a no-obligation offer with no hassle. You decide if it’s right for you or not.
If this sounds like the right option to you, fill out the form below.