How Do I Get a Cash Offer for my House in Maryland in 2024?
We will make a cash offer on your MD house. We Do it Like This…
Our offer IS the offer. It is the amount you get at closing. No agents, banks or realtors are involved. We guarantee our process is the easiest in Maryland!
My 3 Step process is so simple. I eliminate the middle men, evaluate your home and give you a FAST, FREE, NO OBLIGATION CASH OFFER. No tricks, no gimmicks, no hidden fees or costs. Just follow below and you will be well on your way to getting the best offer for your Maryland house. Fill out the form or give me a call (240) 424-0423.
“Closing was a breeze and I am now free from a property that I just didn’t want to deal with anymore. I did not have to deal with realtors, inspectors, or the back and forth of a traditional sale. I definitely recommend working with Brad.”
Samantha L. [Baltimore MD]
Get Your No Obligation Cash Offer Now!
Need a Cash Offer for Your House in Maryland?
Check Out Our Process…
So you’re probably saying to yourself “This company is making it sound way too easy to sell my Maryland house! There must be a catch!” Let’s face it, there are a lot of MD house buyers out there. You see their signs littering intersections all over the place. You are also thinking, “These MD house buyers are just trying to low ball me and steal my property for a ridiculous price!”
Well, We Buy MD Homes / Brad Buys Houses is different. You want to deal with a local company and that is what you will get. And you also want a fair offer on your property. You get that too! There is no emotion in my offers, I go strictly by the numbers. 100% FACT.
How Do I Make Fair Offers for Maryland Homeowners?
Well for starters, it’s in my interest to give you the best possible offer on your house
So many “We Buy Houses” companies want to give you the lowest possible offer. We Buy MD Homes / Brad Buys Houses DOES NOT do that at all. I know Maryland, I study the neighborhood, I make fair estimates on repairs needed to bring the property up to market value and I research all comparable home sales in the past year in the area. I don’t just throw a random number against the wall and hope it will stick – I do our homework!
Therefore,
We Buy MD Homes is able to offer an amount that is fair, honest and reflects careful research and due diligence. I am a business owner and I uphold my strong reputation by making reasonable, thoughtful cash offers or suggesting a solution that works for your you so that you do not have to worry about selling your Maryland house.
I use “After Repair Value” or ARV to determine my offers
Quite simply, that means I find out what your house is worth after it is repaired. I base our offer on that number. Remember, I am dealing with numbers and not emotion when I make a fair, cash offer to you.
How Does it Really Work?
Well, let’s say you need to sell your Maryland house right now…
Let’s also say that your neighbor Joe has the same model house. Except he has invested in an upgraded kitchen, new windows, a new roof and added hardwood floors throughout the house.
Joe just sold his house for $350,000 a few weeks ago.
What does that mean to you?
Well…we know that If we add the same upgrades to your house as your neighbor Joe, that once completed your house will be worth $350,000. Remember though, I am buying it from you in as-is condition without any prior repairs done to it.
So…
We know the Market value of your house if we fixed it up (in this case $350K), PLUS we know what it will cost us to make the necessary upgrades. No I can make an offer that works for me, works for you and hopefully solves your challenge.
Let’s Breakdown The Offer
Apologies if you hate math, but this is all about the numbers. And We Buy MD Homes is all about honesty, integrity and transparency. I am more than happy to show you the calculations of how I arrived at my cash offer for your Maryland house.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
Sounds simple, right? But let us explain the terms to you also so that you are CRYSTAL CLEAR.
After Repair Value (ARV): This is the value of the house after all repairs are made to it.
Cost Of Repairs (COR): This is what We Buy MD Homes would need to spend to will be fix or update the house AFTER we buy it from you.
Selling Costs: Even though I don’t need an agent to purchase your house, I will likely need to hire one to sell the house after my crew does all of the repairs and upgrades. To do that, I have to pay agent fees, closing costs, taxes, holding costs etc. Remember: you DO NOT pay those fees at all when you sell to We Buy MD Homes 😉 These costs usually amount to roughly 10% of the selling cost. (Our Selling Cost = 10% x ARV)
Our Minimum Profit: Yes. At the end of the day, I run a business. So I still need to buy more houses, pay my contractors, handle my selling fees, etc. I do my best to keep these costs as low as possible in order to give you the best offer for your house. I try to make as many deals as possible instead of just one big deal, so I keep this in mind when making my offers to keep them as reasonable as possible for all parties involved.
So…to summarize this in the easiest way…
The market value of the house (after we fix it up), minus ALL our costs fixing it up (including our profits), will be the OFFER. It’s that simple!
Should I Sell My House For Cash in MD?
Or List it As-Is?
So you called an agent and he/she says that your house is worth $185K in its current, as-is condition. You want a second opinion so you call We Buy MD Homes. Of course, you should have called me first, but we’ll deal with that later 😊
FIRST: I would come look at your house, likely with my contractor and maybe my real estate agent. I will do a thorough walk through and tell you what needs to be repaired and what does not need to be repaired. It doesn’t take very long and I will know immediately what the biggest repairs will be – usually roof, HVAC, plumbing, foundation, kitchen, bathrooms, floors.
NEXT: Using your neighbor’s totally renovated house (which we referenced earlier), we already know that his house is worth $350K. And based on my walk through of your house, I will tell you what it would cost to get your house up to that sales level.
By allowing us to do a walk through, it allows We Buy MD Homes to give an accurate assessment of the repairs. Translation: I can give you the best possible offer.
Let’s say my contractor gives me a cost of repairs of $90K.
I am Ready to Make you a No Obligation Offer!
Let’s Review the Numbers….
As-Is Value = $185K
ARV (After Repair Value) = $350K
COR (Cost Of Repairs) = $90K
Our Selling Cost = 10% x $350K = $35K
Our Minimum Profit For This Purchase = $70K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $350K – $90K – $35K – $70K = $155K
Your Offer = $155K
Let’s Take a Quick Look at the Offer
So, the house is worth $185K as is, and that’s where the agent would have listed it. So let’s say it sells for $185K. After 6% agent fees and closing costs you would probably get about $166K for it, and it may be on the market for several months as well. Bottom line: there is no guarantee that it will sell.
Decision time…
Sell your house to We Buy MD Homes for $155K GUARANTEED, in as little as 30 days, or roll the dice with an UNGUARANTEED sale of $166K in as many as 4-5 months.
Well, this is the moment of truth. Isn’t it?
But Let’s Go a Step Further….
What if the Cost Of Repairs Was Only 40K? That Changes Everything…
As-Is Value = $185
ARV (After Repair Value) = $350K
COR (Cost Of Repairs) = $40K
Our Selling Cost = 10% x $350K = $35K
Our Minimum Profit For This Purchase = $70K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $350K – $40K – $35K – $70K = $205K
Your Offer = $205K
Yes! That is correct – The Offer is $20,000 MORE than what the house is currently worth, and almost $40K MORE than what you walk away with after listing with an agent, paying realtor commissions and closing costs.
See? It’s all about the numbers!
Get Your No Obligation Cash Offer Now!
Why Should I Get a Cash Offer for my House from Brad?
Everyone “Buys Houses” these days. I get it. You see the signs littering your neighborhood intersections. (FYI – I guarantee NONE of those signs are mine, ever!) But I want the opportunity to show you that I go the extra mile for my clients. It’s really simple. I base my offers on the value of your house, after it is fully repaired and updated to match the similar ones in your neighborhood. I don’t just throw out random numbers and hope they stick. I actually do the research and get the price right. No hassles. Period.
PLUS…
I am also accredited by the Better Business Bureau and maintain an A+ rating. Why? Because We Buy MD Homes meets their 8 Standards of Trust and has been identified as a reputable Maryland business.
I DO NOT inflate my repair costs or my cost to close. The formula I use is the same for every property – single family home, townhouse, condo, etc…And I work with the most reasonable contractors in Maryland to keep my costs to a minimum.
Commonly Asked Questions About Selling Your Maryland Home
Can I sell My House Myself (For Sale By Owner / FSBO)?
Of course. But there are considerations…You need to really understand your area
You need an accurate appraisal of what the house is actually worth You will pay a fee to list it on MLS You will have to market the property & negotiate You will likely need to hold open houses & answer tough questions You need to learn the laws in Maryland involving real estate transactions
What Costs Will I have to Cover if I Sell My Own House?
There are costs associated with selling your house, which is why many homeowners choose us. Here is what you would be responsible for if you sell your Maryland house on your own:
Attorney fees Closing costs Holding costs Title insurance Escrow costs Plus, Other potential costs depending on how long it takes to sell your house
That said, you won’t have agent fees but you can see how all of these other costs add up.
We Buy Maryland Houses for Cash
Dwin Property Group LLC, AKA “We Buy MD Homes” and “Brad Buys Houses” buys house all over Maryland. We are Cash Buyers In MD. We buy as-is, any situation, any neighborhood and with no closing costs. Experience the most hassle free way to sell your Maryland House by calling us at (240) 424-0423 or filling out our easy web form.
Brad Dwin knows Maryland. He lives in Maryland and he wants to help MD homeowners solve the challenges that often come with selling their biggest asset. Brad buys houses in all 23 counties of MD plus Baltimore City – especially Anne Arundel County, Baltimore County, Carroll County, Frederick County, Harford County, Howard County, Montgomery County, Prince George’s County and Washington County. He also buys in some parts of DC, DE, PA, VA and WV. Whether you are trying to relocate, inherited an unwanted property, going through a divorce, have expensive repairs, or just tired of being a landlord, Brad can help. If you need to sell your house in Maryland fast, Brad offers cash for homes in MD!
