How Do I Sell My House In Baltimore?
We Offer Cash For Your House In Baltimore Maryland!
by filling in the form below or calling us at (443) 383-4535. We want to learn more about your property, so we can present you an initial cash offer range.
If you are happy with our offer range, we will schedule a walkthrough to estimate repair costs. Within 24 hours, we will call you with our .
If you accept our cash offer, we will with our reputable local title company. It really is that simple!
1) What Info Will You Need From Me?
Sell your house in Baltimore fast by helping us gather some basic information about your home sale.
- Timeline to sell your property
- Current condition of the property
- Rooms that were renovated (if any)
- Your ultimate goal with the property
This information will help us figure out how we can provide the best solution for you (potentially beyond the typical cash offer).
2) Do You Give Your Cash Offer Right Away On The Phone?
No… We do not give our exact cash offer during the initial phone call, but we will give you an initial offer range.
Why Not? Other “We Buy Houses” Companies Make Offers Right Away On The Phone…
These companies will give you a wildly inflated offer to bring you in and lock you up in a legally binding contract. They will then use an “inspection report” to come back and ask for a price reduction.
This tactic is used more than you would think by multiple buyers in our Baltimore Market. It gives cash home buyers a bad name, and we can’t stand it!
2) Do You Give Your Cash Offer Right Away On The Phone?
If we made lowball offers, we would not be in business…
It is in our best interest to make you the highest possible cash offer because that is how we will beat our competition!
Our entire business is based on buying houses in Baltimore.
If we can’t make fair offers, then we can’t buy houses.
Working With Charm City Property Solutions Means Finding The Best Fit For Your Home Sale
If the value you have in mind for your home is outside of our offer range, we can discuss a couple options other than a cash offer that may be a better fit. We want to help whether it means you work with us or another company better suited for your situation.
How Our Cash Offer is Calculated…
[YOUR OFFER] = [ARV] – [REPAIR COSTS] – [SELLING COSTS] – [ROI]
This is the market value of your home after we buy and renovate your house.
This is what we estimate our cost will be to update the house to current market conditions, and it’s what you are saving (along with your time) if you sell your house to us!
This is an estimate of the cost of selling commissions, excise tax, property tax, utilities, insurance (title and property and escrow fees.) It’s typically around 10% of the ARV.
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 a great business!
“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 and our profit equals your offer.
Check Out A Real Case Study
Step inside the kitchen.
Would you want to prepare Dinner here?
Not the worse I’ve ever seen.
It could use some updating…
Now let’s step inside this house 3 months later and $60,000 worth of repairs.
We put in new cabinets, installed an island and put granite countertops.
Imagine if your house looked like this now…
Well it makes sense this one sold for $200,000– it looks stunning!
In order for us to also be able to sell your house for $200K, we need to update your house to at least the same condition as your neighbor’s home!
Why?
Because there is no way we could sell your house in its current state for $200K when all the other houses for sale in your area are upgraded and modern like your neighbor’s.
Would you, as a buyer, be interested in buying a house in older condition for $200K when a much nicer house sells for the same price?
No, of course not!
So let’s ponder the question…
“If my house sells for $200,000 after its been updated, how much is it worth before any updates, as-is, right now?
Here is where Charm City Property Solutions come in along with our local contractor…
We try to bring our contractor to the initial walkthrough so that we can get an exact estimate on what needs to be repaired and upgraded.
At the end of our walk-through…
We tell our contractor that we need granite countertops because our neighbor who sold his house for $200K has granite as well as hardwood floors, upgraded appliances, a new roof, etc.
Our contractor gives us an accurate estimate for the Cost Of Repairs (COR).
We take our contractor’s estimate home and do our research so we can make you a fair offer within 24 hours…
We are ready to work the numbers!
Say our contractor gives us a COR of $60K...
ARV (After Repair Value) = $200,000
COR (Cost Of Repairs) = $60,000
Our Selling Cost = 10% x $200,000 = $20,000
Let’s say Our Profit for this purchase = $30,000
[Your Offer] = [ARV] – [COR] – [Our Selling Cost] – [Our Profit]
Your Cash Offer = $200K – $60K – $20K – $30K = $90,000
Your Cash Offer = $90,000
Charm City Property Solutions Play By The Numbers
We are not here to waste your time with unrealistic offers. Our offers are not based on “some percentage” of the ARV. Instead, we simply add up the numbers while trying our hardest to give you the highest possible offer. We want to make sure you will be happy and feel confident when selling your house to us!
We’re Not Done, Yet! Let’s Analyze Your Offer…
So, let’s assume your house is worth $160K as-is, meaning if you listed it with an agent you could sell it for $160K and make no changes.
However, after 10% (or $16,000) in agent fees and closing costs, you will get about $144K for it, and that’s after it will be on the market for months?!
And no one can guarantee the house will actually sell for $160K.
So, now it’s time for you to make a decision…
Option 1: Sell it for a guaranteed cash sale of $90,000 in as little as 7 days.
Option 2: Hopefully sell for $144,000 where, if all goes well, bank financing doesn’t fall through and your closing date doesn’t get delayed.
What if the cost of repairs was $20,000 instead of $60,000?
Here is where things get interesting.
Let’s look at the numbers again…
ARV (After Repair Value) = $200,000
COR (Cost Of Repairs) = $20,000
Our Selling Cost = 10% x $200,000 = $20,000
Let’s say Our Minimum Profit for this purchase = $30,000
[Your Offer] = [ARV] – [COR] – [Our Selling Cost] – [Our Profit]
Your Cash Offer = $200K – $20K – $20K – $30K = $130,000
Your Cash Offer = $130,000
That’s right! Slightly lower than what you would get if you had listed it as-is with a real estate agent (remember that you would only get $144K after subtracting all agent fees and closing costs.)
What Do You Have To Lose? Get Started Now...
“World’s Best Coffee!”
“America’s Favorite Burger.”
Always an exaggeration, right?
They never explain why!
Here is our explanation as to why our offers are first-rate…
Charm City Property Solutions are not a one trick pony.
Although our main focus is fast cash offers for your home, we have several different options (none of which involve realtors) that we can make you.
If you choose the fast cash offer for your home sale, we guarantee our offer will be honest and fair.
However, it will not be for “full market value.” (We’re just being honest.)
Our cash offers will be as high as we are able to make them due to how efficient we’ve made our business over the years.
Some of our other home sale options can bring you even more than full market value. You read that right, more.
However, these options depend on the type of property you’re holding, etc.
Give us a call at (443) 383-4535 to learn about these other options. We want you to have a successful home sale. 🙂
Why Sell To You Instead Of Listing With A Realtor?
Even in a seller’s market, it’s smart to look at ALL of your options (check out our blog to help with this exploration) to see what will actually help you best reach your goals with the sale of your house.
While you may be able to get a higher “top line” sales price listing with a local agent, that doesn’t always boil down to more money in your pocket or less headache.
Let’s compare selling your house in Baltimore to Charm City Property Solutions vs. with a local real estate agent…
Selling To The Charm City Property Solutions
You pay 0% in commission and NO fees.
We pay ALL closing costs.
Close within 7-28 days or on your timeline.
Sell in “as-is” condition without making any repairs.
No formal inspections.
No open houses or endless walkthroughs.
No appraisal or financing contingencies.
Selling With A Real Estate Agent
You typically pay 6% of the sales price in commission.
You pay 2%-4% of the sales price in closing costs.
Closing can take 60-90 days after accepting an offer.
You need to make repairs to bring your home up to market standards.
Many buyers request an inspection, which can drop the sale price or result in more repairs.
Sometimes there are 20+ showings and open houses.
If an appraisal comes back lower than expected, you may be forced to lower your sale price.
Our Clients Had Great Experiences With Us!
