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How Do I Sell My House In Maryland Fast For Cash?
Our Cash Offers Are Based On The After Repair Market Value Of Your House! (That’s A Good Thing).
How much cash we offer for your house is obviously a big question you’d like answered. Here on this page, we will explain the simple process, how we buy houses in cash, first through a quick overview, then followed by a more detailed actual breakdown of an offer we have recently made to a homeowner just like you.
We Make The House Selling Process Easy & Seamless
By eliminating banks, and all other financial institutions, with strenuous regulations, approvals, and inspections, we can drastically simplify and speed up the house-buying process.
How Do I Sell My House Fast In Maryland?
Our Home-Buying Process Is Simple! See Below…
Fill In The Form Below
Once we receive your information, we figure out how much your house would be worth on the current market if it were freshly completely renovated, everything brand new, all fixed up, clean, updated, and beautiful
Schedule Your Appointment
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for, and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers we present you an offer that is fair.
Pick A Closing Date
If you like the offer, fantastic, we can close on your schedule. You get the cash; we get the deed, and everyone is happy!
“I’ve had the pleasure of working with Tyler, he is transparent, caring, and very knowledgeable!”
Kaitlyn. Glen Burnie, Maryland. 
Chase Kincer
(Glen Burnie MD)
Olga Michaelidis
(Pasadena MD)
Michele Michael
(Pasadena MD)
Marie Huddleston
(Laurel MD)
Get Your Free Offer!
Cash For Your House. The Details…
Sell your house in MD fast by helping us gather some basic information about your house.
- Timeline to sell your house
- Current condition of the house
- Recent renovations to the house (if any)
- Mortgage(s) on the house (if any)
- Your goal with the property
Providing us with this information will help us determine the best possible solution for you (potentially beyond the typical cash offer).
2. Are You Going To Lowball Me With Your Cash Offer?
No, if we made lowball offers we would not be able to stay in business and buy houses…
It is in our best interest to provide you the best solution to selling your house on your terms!
We will be fully transparent and honest about how we calculate our fair offers because our entire business is based on buying houses in MD. We truly do our best to give you the highest possible offer we can. That is why we have great reviews!
3. Do You Give Your Cash Offer Right Away On The Phone?
We can, but we can’t promise our best cash offer during our initial phone call without seeing the property.
Why Not? Other “We Buy Houses In Maryland” Companies Make Offers Right Away On The Phone…
These companies strategically give you an inflated offer to lock you in to a legally binding contract. They will then do their due diligence during their inspection period and demand price reductions
Many Home Buying companies in the MD market and across the country use this tactic and it gives us all a bad name!
Working with The ACE HomeBuyers Means Finding The Best Fit For Your Home Sale
If the value you need for your home is outside of what we are able to offer in cash, we can discuss other options other than a typical cash offer that may even put more money in your pocket. We want to help you whether it means you end up working with us or another company better suited for your situation.
To sell your home fast for cash in MD, we encourage you to educate yourself before you decide what options are best for you. Below, we will explain in full detail how we formulate our cash offers using a case study. Please read through this article so you can be an expert on the topic.
How We Make Our Offers To Buy Your MD Home
Our Offers Are Based On Your Home’s “After Repair Market Value”!
Well, imagine you have a house that you want to sell…
Now, also imagine your neighbor, has the exact same, identical house as yours, except for a few upgrades he made… say, he added granite counter tops, removed wallpaper, applied a fresh coat of paint, put a new roof on, and put hardwood floors in.
How Our Cash Offer is Calculated…
[Your Offer] = [ARV] – [REPAIR COSTS] – [SELLING COSTS] – [ROI]
After Repair Value (ARV): This is the market price of your home AFTER we buy it, Renovate it and sell it. This price is calculated based on the recent comparable sales of similar houses in your neighborhood.
COR (Cost Of Repairs): This is what we estimate our cost will be to update the house to current market conditions AFTER we buy it, and it’s what you are saving (along with your time) if you sell your house to us!
Our Selling Costs: This is the amount it will cost us to Buy and Resell your house. We have to pay agent fees, closing costs on the purchase and sale, taxes, and holding costs. These are all the fees you do NOT have to pay, if you sell your house directly to us. This is usually 10% of the ARV.
Return On Investment (ROI): This is how we pay our contractors and keep the business running. If we didn’t return some level of profit, we wouldn’t be in business! However, we keep this to an absolute minimum so we can present you with the highest possible offer. Our business model is structured around making many deals with little profit per deal, instead of few deals with huge profits per deal.
“I Don’t Like Formulas. Can You Break This Down For Me?”
The market value of your home (after we update it) minus the costs to repair it, hold it, sell it, and receive a profit equals your offer. It is that SIMPLE!
Check Out An Actual Case Study…
Let’s look at a house we recently bought in MD…
Let’s say this is your kitchen in its current condition:
It’s not bad right? But it could use some updating…
Now let’s look at your neighbor’s house across the street who has the exact same house as yours. He updated his 70’s kitchen with new cabinets and quartz. He also paid for a new roof, siding, and flooring. This is what his kitchen looks like after he paid for all those repairs.
Well, no wonder he sold his house for $300K, It’s Gorgeous!
In order for us to also be able to sell your house for $300k, we need to update your house to at least same condition as your neighbors, or better!
Why?
Because we will not be able to sell the house in this current state for $300k when all the other houses that are currently for sale in your area for $300k look as gorgeous as your neighbor’s.
Would you as a buyer be interested in buying a house in lesser condition for $300k when a much nicer house sells for the same price?
No, of course not!
So you are probably wondering…
This is where the ACE HomeBuyers come in with our local contractor…
We try to bring our contractor to the initial walk through so that we can get an exact estimate on the cost to make the necessary repairs and upgrades.
At the end of our walk-through…
We tell our contractor that we need new cabinets and quartz countertops because the neighbor who sold his house for 300k has quartz as well as new roof, siding, and flooring.
Our Contractor gives us an accurate estimate for the COR (Cost of Repairs).
We know exactly what we will do to the house the second we are done with the walk-through and we have already completed the renovation in our minds and we know exactly what all the numbers will look like.
The more accurate these numbers are the more accurate (and higher) your offer will be!
We take our contractor’s estimate home and do our due diligence so we can present you with a fair and honest offer within 24 hours…
Let’s say our contractor gives us a cost of repairs of $70k.
Now We Are Ready To Make You An Offer!
Here are the numbers:
As-Is Value = $190k
ARV (After Repair Value) = $300k
COR (Cost Of Repairs) = $70k
Our Selling Cost = 10% x $300k = $30k
Let’s say Our Profit For This Purchase = $45k
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300k – $70k – $30k – $45k = $155k
Your Offer = $155k
We’re Aren’t Done, Yet! Let’s Analyze Your Offer…
So, let’s assume your house is worth $190k as is, meaning if you listed with an agent you could sell it for $190k and make no repairs.
However, after 10% (or $19k) in agent fees and closing costs you would probably walk away with about $171k for it. This could be 4 or 5 months from the time it was put on the market!
And no one can guarantee the house will actually sell on the market for $190k or sell at all.
So now you have a decision to make…
Option 1: Sell it for a guaranteed cash offer of $155k and close in as little as 10-30 days.
Option 2: Hopefully sell it for $190k on the market, and receive $171k if bank financing doesn’t fall through and if your closing doesn’t get delayed further.
But Wait…
What If The Cost Of Repairs Was $50k Instead Of $70k?
Now things start to get interesting!
Let’s look at the numbers again…
As-Is Value = $190k
ARV (After Repair Value) = $300k
COR (Cost Of Repairs) = $50k
Our Selling Cost = 10% x $300k = $30k
Let’s say Our Profit For This Purchase = $45k
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300k – $50k – $30k – $45k = $175k
Your Offer = $175k
Yes! That is almost 5k more than what you would get if you had listed it as-is on the market with a real estate agent (remember that you would only get $171K after all agent fees and closing costs.)
Get Your Free Offer!
We buy houses in any condition. No realtors, no commissions, no repairs. Just Fill In The Form Below To Get Your All Cash Offer Started!
Why Are Our Offers Better In MD?
“World’s Best Coffee!”
“America’s Favorite Burger.”
It’s always and exaggeration, right?
Most companies always claim to be the “best” at what they do, but they never explain why!
Here is our explanation as to why our offers are topnotch…
The reason our offers are so fantastic, is because our offers are based on the value of your house as if it were completely fixed up and updated. 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 give you more cash for your MD house, as previously explained using our formula above.
But… The ACE HomeBuyers are not only cash home buyers. While our main focus is fast cash offers for your home, we can present you with several different options (none of which involve realtors) that may benefit you more than a cash offer.
If the fast cash offer for your home sale is the right choice for you, we guarantee our offer will be honest and fair. We will be fully transparent on how we formulated your offer and what our projected ROI would be.
However, the cash offer will not be for “full market value.” (We’re are just being honest with you)
Our cash offers will be as high as possible, but some of our other home sale options can bring you even more than full market value for your home. Yeah, you read that right. More!
These options depend on the type of property you’re holding and what your current situation is, etc. Give us a call at (443) 330-7790 to learn about these other options. We want you to have a successful home sale 😊
Additional House Selling Options?
40-70% of ARV
Commissions/Fees: NONE
Closing Costs: NONE, We Pay All Costs
Mortgage Financing: NONE, We Make Cash Offers
Inspection Contingency? NONE, We Buy As-IS
Appraisal Needed? NONE, No Contingencies
Closing Date: 10 Days, or Day of Your Choice
Repairs Needed? NONE, We Pay for All Repairs
Creative/ Seller Finance
90-110% of ARV
Commissions/Fees: NONE
Closing Costs: NONE,
Mortgage Financing: NONE, Subject To Existing Loan
Inspection Contingency? 7-14 Days
Appraisal Needed? NONE, No Contingencies
Closing Date: 30-45 Days, or Day of Your Choice
Repairs Needed? NONE, We Pay for All Repairs
We always start with a cash offer since it is the easiest way to get CASH Fast. However, sometimes getting cash quickly isn’t always in our sellers best interest. We already went over how our cash offers are calculated, but I’m sure you’re asking yourself…
What is Creative Financing?
If you’re not in a hurry to receive cash fast, but want FULL MARKET VALUE or more for your house, then creative financing might be the best option for you. We can develop terms which include monthly payments to you instead of a lump sum at closing.
This option allows you to pay less in taxes and receive FULL MARKET VALUE or more for your house. This option is great if you have a mortgage with little to no equity, or even if you own the property 100% free and clear.
The cash offer will be determined by the condition of the property and cost of any necessary repairs and the After Repair Value.
On the other hand, the Creative Financing Offer will be based on the potential cash flow of the property. Purchase price is not the driving factor for us. We can buy the property with terms for more than market value if the property cash flows for us.
2. What are the Different Types of Creative Finance Offers?
There are two main types of Creative Financing Options. They are based on your current situation.
- Seller Financing: You own the property 100% free and clear. You become the bank and sell the house to us. We pay you monthly over time based off of the terms we agree upon. You have all the protections the big banks have today on mortgages.
- Subject To: We purchase the home subject to your existing mortgage. We would simply take over your existing mortgage payments and keep your credit intact with a healthy performing mortgage. If you have equity, you can seller finance that equity to use and we can make additional monthly payments to you for your equity.
3. Who will this NOT Work For?
If you need a large lump sum of cash upfront then Seller Financing or Subject To will NOT work for you. We would recommend the Cash Offer if you are looking to sell your house fast and receive ALL your cash at closing.
4. I Only Need some Money to Move but I’m Interested in Creative Financing?
We want you to receive the best offer for your situation. You will structure the terms that work for you and that can include a sum of money at closing for moving expenses in a creative finance deal.
5. How are you able to Pay MORE using Creative Financing?
By financing the property with terms directly from you OR by taking over your existing mortgage, we are able to bypass the traditional bank loan process and save money on interest. Our Offer is directly correlated to the monthly payment based on the terms we agree upon, not the overall purchase price of the property.
Is Creative Financing Right For You?
No Equity:
Your Home was purchased in the last 3 years. We can take over the existing mortgage so you can sell without owing money at closing.
Own the Home Free and Clear:
You can become the bank and we can offer you over market value! You decide the terms and seller finance your home to us.
Have Equity and a Mortgage:
We can take over your existing mortgage and you can seller finance your equity to us. You would receive monthly payments for your equity based off of our agreed upon terms.
SCAM ALERT!
“How Do I Know this is NOT A Scam? And That You Will Close?”
There are so many new investors and scammers in the market that you’re smart to be skeptical of this. Getting the highest offer for your home means nothing if the buyer reduces his price after an “inspection”, asks for a price reduction, and cannot close. The deal ends up falling through and It’s very common for sellers to reach out to us after one (or sometimes multiple) “We buy houses” companies in our area failed to close. They are frustrated and distrustful of investors.
That’s where The ACE HomeBuyers are different. Our small team makes fair and honest offers with the intent to close, always. Our offer will not be inflated to just get you under a legally binding contract to be reduced later in the process. That’s why we receive so many positive reviews! 🙂
“How Can I Avoid Being Scammed?”
Professional Website
A business’s website is a direct reflection of who they are as a business and personally. Explore the site to see if the company shows who the people are behind the business. Look for pictures of the owner(s) and any possible employees. Check if they give you their names (first and last names are important, so you can cross check if they are a real person on Google).
Online Reviews
A legitimate business will have reviews online. We’re not talking about text inserted on the business’s home page… Verify there are reputable Google or Facebook reviews.
Contract Terms
Don’t fall for a small deposit that doesn’t get delivered to escrow for 30 days (The ACE HomeBuyers deposit within 48 hours). Many scammers use “weasel clauses” to leave a backdoor open for themselves allowing them to back out of deals weeks after going under contract. These are signs a buyer is not serious about closing.
Get Your Free Offer!
We buy houses in any condition. No realtors, no commissions, no repairs. Just Fill In The Form Below To Get Your All Cash Offer Started!
Still have questions? Please visit our frequently asked questions page or give us a call or text to find out more at (443) 330-7790. We are happy to chat with you before you submit your property information. 🙂
Our Clients Have Had Great Experiences With Us!
😊We Think You Will Too😊
We Are Cash Home Buyers In Maryland
The ACE HomeBuyers value authenticity, honesty, integrity, and transparency. We eliminate all the headaches that come with selling your house the traditional way in MD. We do not rely on the middle man (banks, inspectors, and other financing contingencies). We buy as-is and close on your terms. When we make you a cash offer, that is the true amount we are offering. We do charge commissions or fees like real estate agents. If you need to sell your house in Maryland, we truly believe we are a great option! We are ready to buy your house now, and it all starts by filling in our form.
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