How It Works

A Simple & Easy Approach to Selling Your Home!
No Repairs | No Commissions | No Closing Costs | No Hassles

We Offer Cash For Your House, Land or Commercial Property Nationwide Fast,In 3 Simple Steps:

Get started by filling out the secure form or giving us a call to 703-498-8444. Don’t worry, we do not share your info with anyone else!

We go over any questions or concerns you may have, and present you with a no-obligation offer. You decide if to accept it or not.

Close on the date of your choice with our  escrow title company and closing attorney team. We also accommodate virtual closings as well so you won’t have to leave your home – Easy process to have cash in your hands!

By dealing with direct cash buyers like us & skipping the middle men such as Realtors, banks, appraisers etc., selling your home fast becomes a lot easier! On this page you’ll find a simple AND detailed explanation of the whole process. Please continue reading 🙂

We’re very flexible & easy to work with, and the process is simple, without pressure, and 100% free. You can sell us your home or land  for cash in a few days, or a few weeks/months. Whatever works for you!

Selling to J-Rah Real Estate. The Details…

I’m sure you’ve seen a bunch of similar websites, or gotten some mailers from other companies claiming they will buy your house for cash, and that you can sell your house fast to them. Since you’re on our “How it works” page, I’m assuming that like most of our sellers, you’re probably still wondering… 

How does this whole “we buy houses or land cash” process REALLY work? It can’t be that simple, can it?

Well, in short, yes, selling your home in anywhere fast for cash is a very simple and easy process – for YOU. For us, it’s a little different story. There’s a lot of work that goes on in the background on our end, to make sure that the home selling experience goes smoothly and easily for you.

Well, that doesn’t really answer my question….

Yeah, I know. That’s why below I’ll give a clear, straightforward & simple explanation of how our cash home buying process looks like from beginning to end, and what you can expect to happen if you decide to reach out to us. Keep in mind that selling your home fast for cash may not be the best option for you. Please read below to fully educate yourself on how the process works, so that you can make a well informed decision when it comes to selling your home.

Have These Questions In Mind?

Click below to jump to the answer:

Sell Your Land or House Fast in Washington DC, Maryland, Virginia or Nationwide & Get a Great Offer!

What info will you need from me?

Ok, so you decide to reach out to us 🙂 What happens then? If you contact us during business hours (9:30 a.m. – 6:30 p.m.), one of our friendly “House Helpers” will either pick up the call, or call you right back. The call only takes a few minutes. They will ask you for some basic info about your property, listen to your needs, answer any questions you may have, and offer guidance and recommendations to assist you in your home selling journey, even if that means we’re not the best option for you.

Do I get my cash offer right away on the phone?

The short answer is no… We do not give the exact offer over the phone right away. We can, however, give you a range of where our offer will most likely be at. 

Why not? I know other “We Buy Houses or Land” companies give an offer right away over the phone, or promise to give you a cash offer for your home within 7 minutes!

Well, the problem with that is that most of these companies will just give you a bogus inflated offer, try to lock you up in a contract, and then use an “inspection report” to ask you for a huge price reduction at the end of their inspection period. We’ve seen this tactic used A LOT of times by many investors in our market, and we hate it! We hate that it gives our profession such a bad reputation, and the pure dishonesty that goes with it. 

That’s Why…

When you call us, our House Helpers will just get the basic info from you, to make sure that working with us really makes sense for you. If you feel that the options we have available are worthy, our House Helpers will schedule an offer appointment (can be done the same day, either by phone or in person) for you with one of our experienced Buying Managers. Before the appointment, he will do in-depth research on the property so that he can give you the highest and best offer, suited for your individual needs!

How do I know you’re not going to make me a lowball offer?

I’m glad you asked – It’s in our best interest to make you a good offer that you are happy with because that’s how we stay in business. No rational person would accept a ridiculous low ball offer, so it wouldn’t make sense for us to make you one! Our business is buying houses (or condos, townhouses, etc.), and we can’t buy houses if our offers don’t get accepted 🙂

One thing to keep in mind is that we have several different options as far as what type of offer we can make you. If you choose the fast cash offer for your home, our offer will be fair, but it will not be “full market value”. However, we’ve made our business as efficient as possible so that we can afford to make higher cash offers compared to other home buyers!

Some of our other options do allow us to offer you even more than full market value, but these offers will not be a “sell my house fast for cash” type offer. Give us a call at 703-498-8444 or contact us through the online form to learn about the other options we can offer you.

Do you provide other options or only cash offers? 

Great question. In the beginning, we used to only offer cash for properties with the intention of renovating them and reselling. However, over the years, we’ve developed our team and capabilities to be able to serve more homeowners in a variety of different situations. We’re now able to help you even if you are not in a rush to sell, but prefer to get more for your home vs. a discounted cash offer.

So, how do you calculate your offer to buy my home or land for cash?

We make our cash offers based on 4 things:

1. The “Land Market Value” for the area

This is what the land is worth based off New Construction Sales and when you factor in
builder/building costs, utilities costs, water system costs (sewage or septic) and closing
fees. From this value we arrive at a Total All-In Cost.

2. Cost of Building (COB)

In order for us to maximize the value of the land we need to deduct
the builder/building costs, utilities costs, water system costs (sewage or septic and
closing fees for the buying transaction and the resale transaction.

3. Our New Construction Resale Costs

This is what it would cost us to resell the new construction home after we purchase the
land from you. Although you don’t get charged Realtor commissions or closing costs
when we buy it from you, we, on the other hand, must pay those costs when we resell the
property. We also must pay holding costs such as taxes, insurance, HOA fees etc. Our
selling costs usually come to about 6-10% of the New Construction Sales Price.

4. Our Minimum Percentage Gain/Loss

Yeah, I know, it sucks that we must make a profit but we really do. We wouldn’t be
able to support our families, pay our employees, pay our builders, and buy land, if we
didn’t make a profit when we resell. However, we keep our profits to a minimum
so we can afford to pay you more for your land and get more of our offers
accepted!
Through the years, and after losing over $500,000 on potential new development that
we shouldn’t have purchased (we’ve made some dumb mistakes…), we learnt that our
percentage gain/loss would need to be at the most about 20%. That means that if we buy
land and spend a total of $232,989 in building a new home, we will need to resell the
home for at least $309,819. Minus the 6% closing costs we would walk away with a total
of $291,230, which is only a profit of $58,241.

What happens if I accept your offer? How long does the closing process take? 

As with all the “Cash For Houses” companies in Washington DC, Maryland, Virginia or Nationwide, our closing process usually takes about 2-4 weeks, depending on the urgency. If you need a faster or longer closing time frame, we can definitely work with you. Below is a simple yet detailed outline of the closing process:  

Opening Escrow & Ordering Inspections

Once you decide to sign the simple 2 page purchase and sale agreement, our Buying Coordinator will reach out to you to introduce himself. He will also send the contract to the title company for them to order title and lien searches. He will schedule with you an inspection of the property so we make sure our repair estimates are on point.

Timeline = Normally 24-48 business hours

Conducting Inspections & Reviewing Title / Lien Searches

Here’s where we conduct the home inspection, review the inspection report, and also review the title and lien searches that the title company and the city provide. If anything comes back on those searches that needs to be addressed, We will contact you to determine the next steps. Sellers find us to be very creative and able to find a solution for almost any title/lien problem!

Timeline = Normally 1-2 Weeks

Scheduling the Closing & Getting You Cashed Out!

We’re ready to close and get you paid! We will reach out to you and see when would be the most convenient date/time for you to close. We can either schedule you to go to the title company, or send a mobile notary to your location. Once you sign closing docs, the cash is either wired to your bank account or you get a certified cashier’s cheque from the title company. This usually happens the same day, but can sometimes be delayed to the next business day.

Timeline = Normally 1-7 Days

Why should I sell to you and not list with a Realtor?

Well, maybe listing with a realtor IS really the better option for you. For some people it is. If we feel that listing with an agent would make more sense for you, we will happily let you know that on the initial call. In addition to buying your home, one of the licensed Realtors on our team can also list it for you 🙂 Below are some of the main differences between selling to J-Rah Real Estate, vs. listing with an agent.

Selling to us

N

You Pay Zero Commissions or Closing Costs

N

Guaranteed Offer. No need to wait for months to find a buyer

N

Close within 3-30 days or on your time frame

N

Sell in “As-Is” condition without making ANY repairs

N

No showings, open houses and endless walkthroughs

N

No appraisal or financing contingencies – guaranteed cash offer

Selling with a realtor

M

You normally pay 6-7% commission and 2-3% closing costs

M

Sometimes you need to wait 6-12 months to find a buyer

M

Closing can take 60-90 days after accepting an offer

M

Most buyers ask for you to make some repairs before closing

M

Sometimes more than 20-30 showings and open houses

M

Deals often fall through because of appraisals and banks

SCAM ALERT!!! – How do I know you will really close and that this is not a scam?

With so many newbie investors and scam artists out there I’m not surprised you’re asking this… Vetting your buyer to make sure they will actually close, is usually more important than getting the highest offer for your home. We get a lot of sellers calling us after their 1st or 2nd buyers fall through and cancel the sale on them. Needless to say, they are frustrated and distrustful of investors. That’s where  J-Rah Real Estate is different. We make honest and transparent offers, with the intention of getting them closed! That’s why we get so many positive reviews and testimonials 🙂

How can you protect yourself from falling for the scam artist trap? 

Quite a few ways actually…

✓  Ask for a proof of funds – Does the “Cash” buyer really have the cash to be able to buy your house? Many times they don’t!

✓  Contract terms – Don’t fall for a tiny deposit or crazy long inspection periods (7-10 days is normal, some buyers ask for 30 days inspection or more!). Watch the “additional terms” of the contract for possible back-out clauses allowing the buyer to back out of the contract for basically any reason they make up.

✓  How long has the buyer been in business? You want to look for someone that’s been around for at least 4-5 years and knows the in’s and out’s of the complex Real Estate industry.

✓  Can you verify that the buyer actually buys & sells properties? One easy way is to look up the company name in public records and see if there are any deeds recorded under their name.

✓ Finally, does the buyer have any online reviews or testimonials to show that they are legit? We do, and a lot of them… Just a hint 🙂