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Timeframe: Once we get your info, we’re usually able to make you a fair all-cash offer within 24 hours. From there, we can close as quickly as 7 days… or on your schedule (sometimes we can have a check-in your hand the very same day!).
Selling Your House Can Be A Quick And Simple Process
RIM buys houses in and around El Paso, we pay cash and we are able to close quickly or on your own time.
Like we’ve mentioned, when you work with us there are no fees… like there are when you list your house with an agent. What this means to you is you don’t have to worry about extra costs, having to come out of pocket to sell your house fast, or even getting your house ready for a sale (we’ll buy your house as-is).
Don’t worry about repairing or cleaning up your property. We’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location.
See what we can offer you for your house…
How We Make Our Offers
We always make our offers based on ” After Repair Market Value” , we always fix the properties we buy to make them quicker to sell, we know this because we are very experienced in doing renovations and we know what people are looking for in this Market.
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. How simple is THAT! Congrats, now you are an expert at this! But want to be sure you understand it?
Here Is An Actual Example We Did!
Want To Know How Your Numbers Look Like?
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All you math lovers out there, will appreciate this section. We value honesty and transparency. 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 HGTV flipping show.
Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we, on the other hand, have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we 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% altogether of the selling price. (Our Selling Cost = 10% x ARV)
Our Minimum Profit: Yeah, this IS a business 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 highest 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.
Here is a Cash Offer Example…
- After Repair Value = $300k
- Repair Cost = $60k
- Our Selling Cost = 10% x $300k = $30k
- Our Minimum Profit = $50k
- [Cash Offer] = [After Repair Value] –
- [ Repair Costs] – [Our Cost/Transfer Fees] – [Our Minimum Profit]
- Cash Offer = $300k – $60k – $30k – $50k = $140k.
- Your Cash Offer = $140k
Our offers are based on the numbers, not on how desperate you are to sell. We simply add the numbers up trying our best to give you the highest possible offer we can make you.
Yes we know, we know. Everyone says this. But we will do better. We will show you why this is true, or at least we try to make this true 😉
See, the reason our offers are so fantastic 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.
You see, here is where the cost of repairs comes in. If we can keep the cost of repairs down, we can obviously give you more cash for your house, as previously explained above.
So,… we try to do as much 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 always do this as we buy sooooooo many houses at a time, but we can genuinely try to keep contractor numbers as low as possible so we can get you the highest number for your house in cash here in El Paso tx
Why do we go out of our way to give you the highest 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. The more houses the faster we can help others with our work.
RIM Construction LLC, “RIM Buys Houses In El Paso” buys houses in El Paso Texas. We are House Cash Buyers In TX. We eliminate all the encumbrances that come with the traditional way of selling your house. We do not rely on bank approvals; we have our own cash. We buy as is and can close quickly. Because we are not agents and we have absolutely no intention to list your house, there are no agent fees or commissions. We are absolutely ready to buy your house right now and can close immediately! It all starts by filling in our form.
We at “RIM Buys Houses In El Paso” value honesty, integrity and transparency. Therefore, we will hold your hand during every step of the process. We start by explaining exactly how it works, what to expect and what time frame we are working with. If you need to sell your house in El Paso fast, we truly believe we are a great option! Remember, no repairs, no agent fees or commissions and we buy in any condition! Even if you are facing foreclosure we can help stop it. Don’t sit on it, give us a call! 915-235-2736