How Do I Sell My House In NM or WTX For Cash?
Our Cash Offers Are Based On The After Repair Market Value Of Your House!
How much cash we offer for your house is obviously a big question you’d like answered. Whether you're in New Mexico or West Texas, this page explains the entire process - first with a quick overview, then with a detailed breakdown of a recent offer we made to a homeowner just like you.
Sell Your House The Easy Way
Stress-Free Home Selling Solutions
Hello, I'm Corey Broach, the CEO of Neo Tech Realty Solutions. I work with homeowners across New Mexico and West Texas to make selling simple and stress free. I'll guide you step by step through the process of receiving your no-obligation, all-cash offer. Our service is completely free, and there's never any obligation to accept.
You can reach me directly at 575-499-9388 if you're ready to talk about selling your house in NM or WTX.
How Can I Quickly Sell My House in New Mexico or West Texas
Our Home-Buying Process Is Simple As You Can See Below.
Step 1: Fill Out The Form
Our team meticulously assesses your property's value based on its potential in the current market.
Step 2: Schedule Your Appointment
After a quick initial phone call, we'll set up a time to meet with you - either in person or virtually. During this appointment, we'll walk through your property details, estimate repair costs, and evaluate resale value so we can prepare a strong, fair offer tailored to your home.
Step 3: Pick a Closing Date
If you like our offer, you choose the closing date - whether that's in 7 days or 30. We'll handle the paperwork, cover the costs, and you walk away with cash in hand.
That's How Easy It Can Be.
The Offer:
Our offers are based on the After Repaired Value (ARV) of your home - what it will be worth fully fixed up. From there, we subtract the estimated repair costs, selling expenses, and a small profit margin. This ensures you get a fair, straightforward cash offer that works for the both of us.
Here is a simple breakdown of how we calculate your offer:
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
This Is How We Calculate Our Cash Offers:
1
We Determine The After Repairs-Market Value Of Your House
After-Repairs Value (ARV): simply means what your house would be worth if it were completely renovated based on current market standards, just like your favorite HGTV show. Your offer is based on this value.
2
We Calculate The Cost of Repairs
The Cost of Repairs: is how much it would cost the US to renovate the house and make it look spectacular, ready for the market. We obviously strive to increase the value of the house so we can get as much as possible for it. This means a higher offer for you and an acceptable profit for us.
3
We Determine Our Selling Costs
The Selling Cost: includes all the costs associated with selling a property. Although we buy houses from homeowners without involving agents, we, on the other hand, to give you a higher offer, do need to be able to sell the house for top value after we fix it up (this was the whole point of fixing up the property). That means we list it with an agent, which means we have closing costs, agent commissions, and taxes to pay.
4
We Take Out Our Profits
Our Profits are reasonable. This is a business and without profit we wouldn't be able to buy houses, pay our contractors, and plumbers, etc. Rest assured our profits are fair, and this business prioritizes the highest possible offers (otherwise no one would accept our offers and we’d be out of business!)
Simply put, it all boils down to this simple concept:
Your offer will be the market value of your house completely fixed up, minus all the costs associated with us bringing the house to its completely fixed-up condition, minus our profits (of course).
The Win-Win Principle Of Cash Offers
1
Imagine for a moment that you have a house in complete disrepair, and therefore you can’t sell it for much, (in fact, you probably wouldn’t even be able to list it as banks will not loan against houses in severe disrepair).
2
Now, let’s say that the house in its current condition is worth $50K (so the “as-is” value is $50,000), but let’s say that if you were to put $100K into the house, you would be able to sell it for $200K. (Yes this is actually the same house.)
Sadly you either don’t have the funds or the will, time, or energy to deal with contractors, repairs, and all the stress that comes with it.
3
Cash buyers like us could come in and offer you $80K for your home, which is $30K MORE than the current value of your house. For us, this works because, if your house is worth $50K, but we offer you $80K for your house and we put in $100K making the house worth $200K, means we then spend $180K and we made $200K netting us a profit (let’s ignore all other costs and taxes for the sake of simplicity) of $20K.
You get more than what your house is currently worth, we make our minimum profit, and everyone walks away happy. The fine print here is that this situation doesn’t always occur, but that is why you fill in the form, so we can see what options are available to you so you can still walk away with a win.
The Best Way To Sell Your House Fast
Are you looking to sell your house? Our friendly team at Neo Tech is here to help you through every step of the process. We buy houses in Southeastern New Mexico and West Texas. Join our community of satisfied sellers who have successfully sold their houses to us. Let's work together to make your property selling experience easy and stress-free. Fill out the form below to get started!