Right now (March 2018) we are at the height of the housing market here in Western North Carolina. If you have a house in Buncombe or Henderson County you are more than likely in a position to demand top dollar for your house. Here at Asheville Cash Buyers, we buy Asheville houses. We also buy houses in Hendersonville and we buy houses in Black Mountain. We purchase houses in a manner that is different than your normal experience of selling through a real estate agent. This blog post will walk you through our process and will explain how we buy houses for cash and can do it in as little of seven days.
Step 1: Initial Contact
We respond to emails and messages within 24 hours (even on weekends). This initial conversation sets the stage for step 2. What we try to accomplish during our initial contact is to get on the same about the details of the property (correct address, bedrooms/bathrooms, square footage, etc.) and then we also want to get an idea of the condition of the property and who owns it. This initial contact is important because it allows us to be 100% prepared when we come out and do our walkthrough.
Step 2: Walk Through
When we do our walkthrough we have already determined that we are interested in the property and will come out ready to make an offer that same day. Making an offer on the spot is possible to because of the conversation during step one and additional research we do ourselves online. The purpose of the walkthrough is for us to get a feel for the house, the neighborhood, and to determine repairs (if any). Our typical walk through at house last between 10-20 minutes depending on the size of the house. Once we do walk through we can then move to step 3.
Step 3: Offer
One of three things will happen after step 2; 1) We decide to not make an offer 2) Our offer is not accepted or 3) The offer is accepted. Any of those three results is okay! Not every we offer we make is accepted, not every house we look at can we make an offer on. Sometimes the best thing we are able to do is to point someone in a different direction because we feel that someone else is going to be a better fit. We are not a one size fits all company.
Step 4: Due Diligence
Once our offer is accepted we move into the due diligence process. Typically this process occurs within a couple of days. Doing a title search is very important as it confirms that the property can transfer from the previous owners into our name. Additionally, during the due diligence process, we may need to do another walkthrough of the house to get a set of experienced eyes on certain items that might be considered “major” or trade specific, think electrical work or mechanical issues. Once we get through due diligence, which goes quickly we get to the closing table!
Step 5: Closing
Typically less than 30 days have passed from step 1 to step 5. However, our timeline is always flexible and we do everything in our power to work around anytime specific time requests when they are present. Once we get to the closing table it is a very simple process. The closing attorney will have prepared a stack of papers that will need to be signed. Normally going through the closing process takes about 30 minutes, however, we always recommend to plan on one hour as there are times that last minute revisions are needed.
As you can see our five-step process of buying houses is very simple. We are not agents and thus offer the advantage that every conversation you have is direct with the buyer of your property. No need to wait to hear back from the other side; you can call, text, or email us at any time and get an answer.