How We Buy Houses
Home Selling Made Simple & Hassle Free
No Repairs, No Cleaning, No Commissions!
By eliminating the middle person, (agents, banks, inspectors, etc.) and by simply paying cash we can significantly uncomplicate things.
By eliminating the middle person, (agents, banks, inspectors, etc.) and by simply paying cash we can significantly uncomplicate things. We can truly make buying your house easy as 1,2,3
We can truly make buying your house easy as
First step is to send us your information.That's it! That'll get the ball rolling for our team to contact you
We will get to know each other and about the property. We believe in building rapport and want to give you your best options
If you like what we have to say and accept our offer. We simply set a closing date and you get paid
Get My Cash Offer
Sell your house the easy way.
You See It’s That Easy!!
Steps 1-2-3
We’re the top choice for cash home buyers – say goodbye to banks and agents!
At Ferro Home Buyers, we understand that selling your home can be a challenging and time-consuming process.
That’s why we’ve developed a streamlined and hassle-free approach to help you sell your home quickly.
Our goal is to make the process as easy as possible, offering you a fair cash offer and closing on your terms. Discover how it works below:
Customer Focused
Quick replies
Our Experience Is Your Advantage
Hear what our incredible customers have to say!
I want a cash offer for my house but what’s the catch?
No catch, just a hassle-free process with Ferro Home Buyers! Transparency and simplicity guaranteed! Get a fair cash offer for your house – we take care of everything, no strings attached!
Worried about getting a fair cash offer?
Rest assured, we understand your concerns! Discover our honest and transparent approach today! Skip the low-ball offers! We tailor our cash offers to your unique situation. No pressure, just a solution that works for you!
Why choose us over listing with an agent?
Time is valuable – sell your house fast and hassle-free! No agents, no fees, and no repairs. Get your cash offer now and move forward! Don’t wait any longer! Experience a stress-free home selling process. Get a fair cash offer today – no cleaning, no repairs, just simplicity
How Do I Know Which Steps To Go Forward With?
To get started, simply fill out our online form or give us a call. We’ll ask you a few basic questions about your property, such as its location, size, and condition. Don’t worry, there’s no need for any repairs or upgrades – we buy homes in any condition!
You'll only need:
SMARTPHONE
(With Internet Access)
COMMUNICATION:
(Email or Phone)
COMPUTER:
(To Sign Documents Electronically)
How Do I Know Which Steps To Go Forward With?
To get started, simply fill out our online form or give us a call. We’ll ask you a few basic questions about your property, such as its location, size, and condition. Don’t worry, there’s no need for any repairs or upgrades – we buy homes in any condition!
What you’ll need:
Smartphone and Internet Access
Some form of communication either email or phone
Computer to sign documents electronically
How Do I Know Which Steps To Go Forward With?
To get started, simply fill out our online form or give us a call. We’ll ask you a few basic questions about your property, such as its location, size, and condition. Don’t worry, there’s no need for any repairs or upgrades – we buy homes in any condition!
What you’ll need:
Smartphone and Internet Access
Some form of communication either email or phone
Computer to sign documents electronically
How To Find A Cash Home Buyer?
When it comes to finding a cash home buyer, the process can be simplified by following these steps:
Begin your search for information about selling your home by using Google. It’s a widely-used platform where you can find valuable insights. However, exercise caution when visiting websites.
Not all sources are reputable, so it’s crucial to verify the credibility of the information before making any decisions. Keep in mind that paid ads on Google do not necessarily indicate a reliable source; they are simply businesses that paid to appear at the top of search results.
Not all cash buyers are created equal. Look for a cash buyer who takes pride in their company and website. A professional and well-presented website, clear directions, and a commitment to honesty and transparency are key indicators of a reputable buyer.
Take the time to evaluate their professionalism and processes. A serious cash buyer who aims to provide a fair offer will demonstrate this through their presentation and attention to detail. After all, you want to ensure they can fulfill their commitment to closing on the purchase of your property.
Now that you’ve found us, Ferro Home Buyers, it’s time to take the next step. We require your contact information to reach out to you, as well as some essential details about your property, including its location and condition. With this information, we can put together a cash offer tailored specifically to your property.
Once we’ve had a conversation and gained an understanding of your current situation, one of our team members will review your property. They will assess its After Repair Value (ARV) and identify any necessary repairs.
Based on this evaluation, we will present you with a cash offer. If you decide to move forward, we’ll provide a purchase agreement for your review and signature. Take your time with this decision and feel free to consult with your attorney.
Once the sale is agreed upon, the title company will handle the legal and logistical aspects of the transaction. This process can be completed quickly, typically within a few days. The closing date will be scheduled, and upon completion, you will receive your cash.
The amount you receive will align with the agreed-upon contract, with any necessary deductions for taxes or fees from the county to the seller. Rest assured, all other closing costs will be covered by us. Congratulations on successfully selling your house for cash!
Begin your search for information about selling your home by using Google. It’s a widely-used platform where you can find valuable insights. However, exercise caution when visiting websites.
Not all sources are reputable, so it’s crucial to verify the credibility of the information before making any decisions. Keep in mind that paid ads on Google do not necessarily indicate a reliable source; they are simply businesses that paid to appear at the top of search results.
Not all cash buyers are created equal. Look for a cash buyer who takes pride in their company and website. A professional and well-presented website, clear directions, and a commitment to honesty and transparency are key indicators of a reputable buyer.
Take the time to evaluate their professionalism and processes. A serious cash buyer who aims to provide a fair offer will demonstrate this through their presentation and attention to detail. After all, you want to ensure they can fulfill their commitment to closing on the purchase of your property.
Now that you’ve found us, Ferro Home Buyers, it’s time to take the next step. We require your contact information to reach out to you, as well as some essential details about your property, including its location and condition. With this information, we can put together a cash offer tailored specifically to your property.
Once we’ve had a conversation and gained an understanding of your current situation, one of our team members will review your property. They will assess its After Repair Value (ARV) and identify any necessary repairs.
Based on this evaluation, we will present you with a cash offer. If you decide to move forward, we’ll provide a purchase agreement for your review and signature. Take your time with this decision and feel free to consult with your attorney.
Once the sale is agreed upon, the title company will handle the legal and logistical aspects of the transaction. This process can be completed quickly, typically within a few days. The closing date will be scheduled, and upon completion, you will receive your cash.
The amount you receive will align with the agreed-upon contract, with any necessary deductions for taxes or fees from the county to the seller. Rest assured, all other closing costs will be covered by us. Congratulations on successfully selling your house for cash!
Disclaimer: While we know you’d love to celebrate with a briefcase full of cash, regulations prohibit us from delivering it “Capone” style! We promise to deliver your funds securely at closing!”
Our Calculations: How Do We Do It!
We Take A Fair And Sustainable Approach –
NO LOW BALL OFFERS
At Ferro Home Buyers, we believe in fair business practices. We understand that offering low prices is not a sustainable way to operate. Our goal is to find and renovate properties, and if we consistently offer too low of a price, we won’t have any properties to work on. That’s why we strive to keep our costs down and reuse as much as we can. We truly do our best to save and give you the highest possible offer we can.
Our Offers Are Based On The “After Repair Value” (ARV)
When we make an offer, we base it on the property’s “After Repair Value” (ARV). This means we evaluate the property and determine its potential worth if it were upgraded to meet HGTV standards. We take into account the cost of repairs, holding costs, and our profits to arrive at our offer. At the end we are in the business to make a profit while being a fair deal for all.
How Do We Evaluate the ARV? Let’s Use Our Imagination!
We have property A in Winson Salem, NC which was built in the early 1900s. Property B is the home we are looking to buy. Property A was recently rehabbed beautifully. Property B is in its original condition.
Both properties have equal square footage and 3 bedrooms and 2 baths. Property A rehab was fully rehabbed with granite countertops, LVP Flooring, New Windows, New Roof, New air conditioning and heating, Electrical systems and plumbing meeting all the current building codes required.
Through this observation, we discovered that our neighbor sold their home for $500,000 after making repairs. We realized that if we invest in repairs and ensure our home is comparable in size and land, we can also achieve a sale price of $500,000.
Therefore, Based On This Scenario
We learned that our neighbor was able to sell their home for $500,000 after they did some repairs. We know that if we do some repairs and make sure our home is comparable in size and land, then we can also sell our home for $500,000.
Therefore,
- We determined the ARV to be $500,000 after reviewing the property’s condition, either through video/photographs or physical inspection.
- We estimated the cost of repairs required to bring the property up to HGTV standards.
- We considered the costs associated with selling, including closing costs (which you won’t have to pay when you sell to us, but we will when we sell), totaling approximately 10% of the selling price (ARV).
- Lastly, we factored in our own profits. Yes, we are a business, and we aim to make money. However, it’s essential to us that we don’t lowball you. We strive to make a reasonable offer that works for both parties. Once we have all these numbers in place, we can present you with a cash offer that aligns with our goals and, hopefully, with yours as well. If the offer meets your needs, we can move forward with setting up closing and proceeding with the transaction. Rest assured that our offers are based on the asset itself, not just your need to sell.
By Following This Meticulous Process, We Ensure A Fair And Transparent Approach To Buying Your Property For Cash.
Here Is Your Cash Offer For Your Home:
[Your Offer] = [ARV] – [Cost of Repairs] – [Selling Cost] – [Our Minimum Profit]
[$500,000] = [$150,000] – [$50,000] – [$40,000] – [$250,000 ]
Experience the Simplicity: Your Cash Offer is determined by subtracting all the costs associated with repairing and selling the house (including our minimum profit) from the market value of the property once it’s fully renovated.
Based on the information we’ve gathered:
After Repair Value (ARV): $500,000
Cost of Repairs: $150,000
Our Selling Cost: 10% x $500,000 = $50,000
Sample Minimum Profit for this Purchase: $40,000
To calculate your Cash Offer, we deduct the Cost of Repairs, Selling Cost, and Our Minimum Profit from the ARV. This ensures that the offer we present to you is fair, transparent, and takes into account all necessary factors.
We believe in providing a straightforward and honest approach to buying your house for cash. Our aim is to make the process as clear and hassle-free as possible, while also ensuring a mutually beneficial agreement.
Get My Cash Offer
To start the process, we kindly request your information, which will enable us to schedule a property viewing and accurately determine the cost of repairs. Rest assured that our team of experts will handle this process efficiently and professionally.
Should I take the cash offer or list it on the market “as is”?
When faced with the decision of whether to take a cash offer or list your house on the market “as is,” it’s important to carefully consider your priorities and circumstances. Let’s explore the factors that can help guide your decision.