Sell Your House Fast, The Easy Way.
Hi there, I’m Pradeep. I’m one of the acquisition managers here at KEAP Homes. If you’ve got questions, I’ve got answers. I’ll guide you through the entire process making sure your needs are met FIRST. We can get your no-obligation offer, all-cash offer started by just entering your contact info below. If you’d rather talk to a live person feel free to call me at my direct line at (385) 832-1222. And don’t worry, it’s all free! No cost to you and no obligation to accept any offer we make.
Send Us Some Info
Just fill in the form below, and you’re all set! That’s how we get the process started.
We’ll Get In Touch
We’ll call you and make an appointment. Virtual walk-throughs available.
Get Your Cash
If you like our offer, simply set a closing date & get your cash at closing.
Too easy!
“This team makes the process simple and easy. They’ve got the knowledge and systems to get the job done. They answered all my questions, gave me options and really walk me through the process! Highly recommended.”
Mario P.
I did not think we’d find a honest real estate investing company that caters to out of state investors….but then we met KEAP Homes who really care about helping people, educating us on the local market and improving the community. We can’t wait to work with them in the future!
Novaius Re
If you need real estate solutions in the Vancouver area, look no further. You can count on KEAP homes for all of your needs.
Brigette K.
Very professional and motivated to do exceptional work!! Highly recommended Keap Homes.
Vania M.
Get You Free Offer Today & Sell Your House Fast
We buy houses in any condition. No realtors, no fees, no repairs, no cleaning. Find Out How Much We Offer For Your House In Cash!
Get a solid offer today!
Easy As 1 – 2 – 3
So that explains the steps involved, but what really goes on behind the scenes?
To sell your home fast for cash in Utah, we encourage you to educate yourself on what your best options are before you make a decision. We’d be honored to help you in that education and that’s what we’ll do below.
Here’s a detailed explanation on how the entire house buying process works from beginning to end. Take a minute and read through this article, by the end you’ll be an expert on the topic!
How We Make Our Offers To Buy Your UT Home
It’s In Our Best Interest To Give You Our Highest Possible Offer.
“We Buy Houses” companies will very often try to give you the lowest possible offer. This doesn’t make a whole lot of sense to anyone but them. We spend a lot of time and effort getting to know you, your circumstance and your house so we can get you the BEST cash offer we can for your home in UT. We invest a lot of time and money driving to properties all over Utah and remember all these services are 100% FREE to you! No one is going to accept a low-ball offer and we really would’ve been just wasting our time.
Frankly, KEAP Homes stays in business by getting offers accepted. And the only way to do that is to deliver offers that are fair and that you’ll be happy with! We truly do our best to give you the highest possible offer we can give.
Our Offers Are Based On Your Home’s “After Repair Market Value”!
So, what does that mean? Well, we look at what the value of your home would be, completely fixed up. This is the formula we use to get to your offer!
Imagine you have a house that you want to sell…
Now, imagine your neighbor has the exact same, identical house as yours, except for a few upgrades. Maybe they added granite counter tops, removed wallpaper, added a fresh coat of paint, put a new roof on, and put hardwood floors in.
Now Imagine he sold his house for $300K.
Now what?
Well, we know, that If we make the same upgrades to your house (AFTER we buy it from you), bringing the house to a very similar condition as your neighbor’s house, we would also be able to sell it for $300,000.
So, we know the market value of your house if we fixed it up (in this case $300,000), and we know the cost of repairs & upgrades. We can now make an offer. If this offer works for you, great, we close and you get your money at closing! As you can see, we make offers based on the market numbers, not based on how urgent your situation may be to sell.
The Offer
We value honesty and transparency and we’ve got no issues sharing exactly how we get to your offers. And here it is in all it’s glory … the magic formula … it’s pretty easy math :)
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
Not so exciting, but it’s all about the numbers. Let’s define some terms so it really starts making sense:
After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house. That’s all.
Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we do have to use an agent to sell that house again AFTER we’ve purchased it from you and fixed it up. We’ve got to pay agent commissions, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us. This is usually 10% all together of selling price. ( Our Selling Cost = 10% x ARV)
Our Minimum Profit: This is a business after all, and we we do need to make something to pay our team, buy more houses, pay contractors, plumbers etc. We do 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 a little profit per deal, and not a few deals with a huge profit per deal. This makes it a great deal for everyone involved!
In A Nutshell
So, what does this all mean? The market value of the house (after we fix it up), minus ALL of our costs in fixing it up (including our profits), will be the offer. Pretty simple! Congratulations, you’ve graduated the course! But let’s be sure you understand it, so let’s look at a real world case.
How To Sell Your House Fast – Step-by-step
Let’s say this is your house in its current condition:
Not bad right? Maybe a small kitchen, closed in … not horrible, but definitely outdated …
Now remember, your neighbor with the exact same house as yours? He got the new roof, updated the kitchen and bathrooms, put granite in, removed carpets and put in hardwood flooring? Well, this is what his house looks like after he did the changes:
Well, no wonder he sold it for $300K, this looks great! WOW!
In order for us to also be able to sell your house (well, our house after we buy it from you) for $300K, we need to bring your house to the same condition as the house of your neighbor, or better, so that we can also sell it for $300K!
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 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 an obvious next question you’d ask, would be:
If the house would sell for $300K after it’s completely fixed up , how much would it sell for as is?
Should You Sell Your House Fast For Cash Or Should You List It As Is?
Let’s say you contacted an agent and she/he says, that your house as is, in its current condition is worth $190K. And then you contact KEAP Homes … and if you haven’t yet, well, give us a call (360) 939-1151 … we come over to take a look at the property.
We bring both our contractor and maybe our agent to the walkthrough, so our agent can tell our contractor what needs to be fixed (he/she knows what buyers are currently looking for) and what doesn’t need to be fixed (to save on the cost of repairs).
Our agent says, that we need granite countertops, because the neighbor across the fence that sold his house for $300K, also has granite, as well as hardwood floors, and new appliances etc.
Our contractor gives us an accurate COR ( Cost Of Repairs). Now we know exactly what we will do to the house the second we are done with the walk-through. We’ve already completed the flip in our heads and we know exactly what all the numbers will look like.
The more accurate these numbers are, the more accurate (and the higher) your offer will be! 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) = $300,000
COR (Cost Of Repairs) = $70,000
Our Selling Costs = 10% x $300,000 = $30,000
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $70K – $30K – $40K = $160K
Your Offer = $160K
So it’s just playing by the numbers. We don’t make offers based on how urgent your situation may or may not be. No offers based on some percentage of the After Repaired Value … that doesn’t work in your favor. Time to add the numbers up trying our best to give you the highest possible offer we can make you. We want to make sure you’re happy, and in turn make sure the contract is signed, so that we can get our next flip going! Makes sense doesn’t it!
Analyzing The Offer
So, say you wanted to try and sell your house with agent without making any repairs or upgrades … just as-is? You talk to an agent and they say your house is worth $190K as is, meaning if you listed it with an agent you could sell it for $190K .
Let’s examine this … selling it for $190K with an agent does not mean you’ll be putting
$190K in your pocket … no way.
After 6% agent fees and closing costs you would probably get about $174K
for it, after it’s on the market for 3? 4? 5? months! And no one can guarantee the house will actually sell … and time is money.
So now you have to make a decision.
Sell it for a guaranteed sale for $160K in as little as 10-20 days, or a “maybe sale” for $174K hopefully within 4 to 5 months.
Decisions.
BUT WAIT!!!
What If The Cost Of Repairs Was $30K Instead Of $70K?
As-Is Value = $190K
ARV (After Repair Value) = $300K
COR (Cost Of Repairs) = $30K
Our Selling Cost = 10% x $300K = $30K
Let’s say Our Minimum Profit For This Purchase = $40K
[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $300K – $30K -$30K – $40K = $200K
Yes, you’re reading that right! That’s $10,000 MORE than what the house is currently worth, and almost $30K more than what you would get if you had listed it with an agent (remember that you would only get $174K after all listing and agent fees). Again, our offers are based on the numbers, not on how urgent your circumstance is.
Ready To Sell Your House Fast?
Get You Free Offer Today, No Obligation!
We buy houses in any condition. No realtors, no fees, no repairs, no cleaning. Just Fill In The Form Below To Get Your All Cash Offer Started!
We Buy UT Houses Fast, For Cash, As-Is
We’ve Got A Better Way
KEAP Homes buys houses in all of Utah County, Weber County and Davis County UT (Lehi, American Fork, Eagle Mountain, Orem, Provo, Ogden, Salt Lake City and More). Whether you are trying to avoid foreclosure, inherited a property you do not want, dealing with a divorce, or are fed up being a landlord dealing with tenants, we can help. If you need to sell your house in Utah fast, we offer cash for homes in UT!