Opendoor Policy How We Buy Homes in Tucson
Curious how We Buy Homes in Tucson makes a competitive cash offer on your home? We follow a four-step process to competitively price your home and have an opendoor policy when doing so.
Steps We Follow When Arriving At What We Will Pay For Your Home
First, you submit some details about your home like; its features, upgrades and overall condition.Send us some basic details about your home to get started!
Second, we look at the sale prices of homes that are comparable to yours. We call these comparable homes comps. We choose comps that sold recently, are located nearby and share similar features and neighborhood amenities with your home. We recognize, no two homes are exactly the same. The comps only provide a starting point for your home’s value.
The third step is to make adjustments based on the comps and estimated repair costs. We take each comp and compare it feature by feature to your home, to make dollar value adjustments for differences. For example, let’s say a comp is smaller than your home, but has one more bedroom. Then we make an upward adjustment to the value of your home to reflect your larger square footage and a downward adjustment for one less bedroom.
Lastly, we determine the value of your home then we subtract the commissions we will have to pay when selling the home, the fix-up costs, and holding cost on things like utilities and property taxes.
For us, it is simply a math equation where we need to make about 7% to 12% of the acquisition cost.
Opendoor Transparent Estimated Example Of How We Arrive At What We Would Pay For Your Home
Get a Cash Offer On Your Tucson Home
- NO fix-up
- We pay all your closing costs
- You can close on the day of your choice
Simply fill out the form below.
We will call you within 24 hrs and ask a few questions so we can give you a cash offer on your Tucson home today. We have an open door policy when working with home sellers who want a quick sale on their home.