Uploaded on Jan 12, 2023
Learn how an investor will value your property in Pittsburgh. If you’d like to know the value of your home, contact 412 Houses to get a fair cash offer in 24 hours. We buy houses in Pittsburgh, regardless of condition or location. You don’t need to pay any commissions, and we’ll cover the closing costs. Visit our website https://www.412houses.com/ to learn more.
How Do Cash Buyers Determine How Much Homes Are Worth?
How Will A Cash Buyer Pay
For My Pittsburgh Home?
What is a cash home sale?
A cash home sale is when a professional
real estate investor buys a home for cash
instead of using financing. There are no
appraisals or home inspections, which
makes the selling process quick &
hassle-free.
After Repair Value (ARV) Rule
According to this rule, an investor should make a
cash offer that’s 70% of the after repair value.
This offer could be below the market price.
For example, if your home is worth $350,000 after making the repairs,
the investor would pay you $245,000 for the property
Current Housing Market Condition
• It’s hard to sell in a buyer’s market
• Making money in a seller’s market is
a lot easier
• Mortgage rates going up means selling
becomes more difficult.
Location Of Your Property
• Based on the prices neighbors paid for
recently purchased homes
• A bad neighborhood can lower the value
of your home
Condition Of Your Property
• Which repairs are required?
• Do you need upgrades?
• Could you benefit from doing
renovations?
Do you want to know how much
we can pay for your Pittsburgh home?
Contact 412 Houses and get a fair cash offer within
24 hours. We buy houses in Pittsburgh, regardless
of condition or location.
Call us at (412) 346-0523 or visit our website
www.412houses.com
to submit your property details.
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