Are you tired of seeing “We’ll buy your house for cash” ads everywhere, only to find out they offer far less than what your home is worth? You’re not alone. These quick-cash buyers often seem like a great solution when you need to sell fast, but they usually leave homeowners with much less than they deserve. What if there was a way to get a fast cash offer without sacrificing so much of your home’s value?
The problem with most cash buyers is that they offer only 60-70% of your home’s market value. That might sound like a decent deal if you’re in a hurry, but when you do the math, it’s easy to see just how much money you’re leaving on the table. With a $500,000 home, these cash buyers could offer around $300,000 to $350,000. After paying off a $150,000 mortgage, you’re left with just $150,000 to $200,000 in your pocket. While that might seem like a quick fix, it’s far from the best financial decision.
Let’s break it down. Imagine your home is valued at $500,000, and you owe $150,000 on your mortgage. A typical cash buyer offers you 60-70% of your home’s value, which amounts to about $300,000 to $350,000. Let’s say they offer you $350,000. After subtracting your mortgage balance of $150,000, you walk away with $200,000.
But here’s where Orchard offers a better solution. Orchard can provide you with a cash offer of 89% of your home’s value upfront. On a $500,000 home, that’s $445,000. After paying off your $150,000 mortgage, you’re left with $295,000. But there are fees involved—Orchard charges a 6% commission ($30,000) and a 6.5% cash offer fee ($32,500), which totals $62,500 in fees. After paying those fees, you still walk away with $232,500 in hand—significantly more than the $200,000 you’d get from a typical cash buyer.
But Orchard doesn’t stop there. After you receive your cash offer, Orchard will list your home for full market value, allowing you to make even more money. Let’s say the home sells for $490,000 after being listed for 30 days. After paying $5,000 in closing costs for the second sale, you could net an additional $35,000, bringing your total to $267,500.
When you compare the two options, the difference is clear. With a typical cash buyer, you’re left with $200,000. But with Orchard, you could end up with $267,500. That’s a $67,500 difference! Why settle for less when you can get more by working with Orchard?
If you’re thinking about selling your home and want to avoid the pitfalls of lowball cash offers, Orchard’s cash offer program is a game-changer. You can get a fast cash offer and still list your home for full market value, maximizing your profit without the hassle of waiting for a buyer.
So, what would you choose—$200,000 from a typical cash buyer or $267,500 with Orchard? The numbers speak for themselves.
If you’re ready to explore how Orchard can help you get the most from your home sale, visit reatx.co to learn more or contact me directly. Don’t settle for less than your home is worth!
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