How Do I Sell My House in Green Bay Wisconsin?
Our EASY Four-Step House Selling Process
Sell Your Home in as Little as 15 Days
Selling your house does not have to be complicated. Below we go over our four-step selling process, including the order, timeframes, and what we need your help with (we do as much as possible but need a tiny bit of effort from you😊). We even go over your biggest question…how we come up with your cash offer!
After submitting the form we will call you ASAP (typically within 5-10 minutes)
We will listen to your story and ask questions to better understand your current situation and your house. We will schedule a walkthrough (ASAP)of the house if there is a mutual agreement. If we are not your best option we will recommend others who may be able to help.
We will meet you (or someone you trust) at the house on your timeline. During the house tour, we will assess and ask questions about the current condition. We will calculate the renovation costs.
Out contractor and/or property manager may be with us to provide accurate estimates on the spot. If they are not available we may take a lot of pictures
We are typically able to make you a no-obligation, cash offer at the end of the walkthrough. If for some reason we cannot, we will call you back with a cash offer typically within a few hours
You decide whether the offer works for you. We can discuss other options if it does not.
If you decide to sell to use, we will fill out a short plain English purchase contract. You will pick the closing date (as soon as 14 days!) If you would like time to review the contract with an attorney before signing, that is no problem.
This is the longest part of the process. The title company will request you to provide the title policy from the purchase if you have it. The title company will have you sign a few authorizations to pull payoff information, verify your identity, etc. If the title of the house is clean, the title company we work with typically can be ready to close within 14 days. If the title is not clean, it will take longer
On closing day we will both meet at the office of the title company and sign a stack of paperwork. Don’t forget your ID. After your hand cramp goes away, the title officer will hand you a check. All that is left is to hug it out (or shake hands) and celebrate!
Seems Pretty Straightforward. What About Cleaning or Making Repairs?
Your right, we forget to mention all the repairs we need you to make and how the house needs to look like Mr. Clean was hired. JUST KIDDING! Cruel joke, my bad. There is never a need to make any repairs or clean the house. Leave anything you do not want to take with you behind.
How Do You Calculate My Cash Offer? Are You Going to Low Ball Me?
Great questions and I’m glad you asked! We do not make lowball offers. All of our offers are based on real numbers and data. Our calculation formula is not top secret. Here it is:
After Repair Value (ARV)
– Restoration Costs
– Holding Costs
– Selling Costs
– Our Profit
Your Cash Offer
Let’s explain what each of these numbers are:
Restoration Costs: This estimate includes fixing everything that is broken and upgrading objects that are past their useful life (ex. Furnaces that are 30 years old, original windows, etc.) as well as making the house modern (new countertops, flooring, paint) to meet homebuyer expectations.
Too Long Didn’t Read! Tell Me A Story
Okay okay. Here is a real-life example from a house we bought this past April. We decided to keep this as a rental property instead of reselling so the “profit” number ended up being our remaining equity.
A partnership owned this house for a while. One of the partners was a real estate agent so he listed the house. It was on the market for months but it never sold due to an expensive list of outstanding city code violations. Sell My House In Wisconsin to the rescue!
Stuart St, Green Bay, WI
We keep our rehabs simple and strategically designed to keep future repairs low while maximizing our profits. Why is this good news for you? If we can keep our costs down while still making a good profit this means we can make you a higher cash offer! Win-win at it’s finest!
The Initial Offer Calculation
– $18,500 (Restoration Costs)
– $4,500 (Holding Costs)
– $9,500 (Selling Costs)
– $20,00 (Our Profit)
$80,000 (Initial Cash Offer)
The sellers really needed $85,000 which was the amount left on their loan. So we agreed to reduce our equity and paid them $85,000.
After we purchased the house a few unforeseen repairs occurred within the first few months; a leak in the steel roof caused mold above a bedroom ceiling and the furnace died. These unplanned expenses ballooned our restoration costs to about $24,000. As you can see estimating restoration costs is not an exact science. The good news is the seller escaped before having to pay these!
Here is a few words from one of the sellers:
“I recently worked with Ryne Lambert to sell a rental property in downtown Green Bay. I wish all buyers were as straightforward and reliable as Ryne. Ryne was fair and responsive throughout the whole process. Ryne responded quickly to all correspondence and calls. Thanks, Ryne for the great transaction.”
Mike Wasilkoff, Green Bay, WI
A cash offer means we are not relying on a bank for a loan to finance the purchase of the property. Here is why a cash offer is better:
- Eliminates the risk of the buyer (us) financing falling through due to the bank deciding not to approve the loan.
- No bank to demand a bunch of contingencies on the sale such as a home inspection report, appraisal, selling another house first, etc.
- Allows for faster closing on the purchase of the house. No waiting on the bank underwriting, home inspections, and appraisals.
By removing the banks, real estate agents, appraisers, building inspectors, we reduce much of the costs, time, and risks that a typical home sale encounters. Our four-step process eliminates the complexity of selling your house.
“I had a co-worker that was trying to sell her house with no luck. I mentioned her name to Ryne and the outcome was phenomenal. My friend sold her house and Ryne was able to make updates and sold it quickly. It was a great win for everyone.“
Angela Vanderheyden, Green Bay, WI