How Jeffrey's house Buying Process Works
How Do I Sell My House In Louisville Kentucky ASAP For Cash?
I want to take a moment to explain my home buying process in detail, how it works, and, most importantly, the kind of offer you can expect.
Feel free to scroll down to learn more or...
Get Your Offer Started Today!
Here's How. It Is Easy As 123
Step 1
Fill Out The Form
I will collect some basic information about the property you would like to sell as well as your contact information.
Step 2
Pick A Date
I will reach out as soon as I can– generally within 24 hours to set a date and time to come see your house, so have your phone handy!
Step 3
Get Your Cash
With an on-the-spot no-obligation cash offer, you will decide when you would like to have your cash in hand!
As You Can See...
The process is simple and straightforward, with no hidden obligations. My offer is completely free, quick, and hassle-free. We can close in as little as 10 days—or sooner if needed. I’ll handle all the paperwork alongside a reputable title company, so once you accept the offer, all you need to do is show up on closing day, sign, and receive your check. I’ll even provide the pen!
Ready for a Faster, Easier Alternative?
On the other hand, if you want to eliminate the games, waiting, stress, and commissions, I’m here to help! With no official inspections or appraisals, I can move quickly. If you’re ready to find out if this is the right solution for you, start here:
Listing your home with a real estate agent is always an option. For some, it may be the best option. If you don’t mind keeping your house clean for frequent showings, hosting open houses, waiting on a buyer’s financing to go through, and paying hefty commissions and closing costs, this might be the right path for you.
Ready for a Faster, Easier Alternative?
Listing your home with a real estate agent is always an option. For some, it may be the best option. If you don’t mind keeping your house clean for frequent showings, hosting open houses, waiting on a buyer’s financing to go through, and paying hefty commissions and closing costs, this might be the right path for you.
On the other hand, if you want to eliminate the games, waiting, stress, and commissions, I’m here to help! With no official inspections or appraisals, I can move quickly. If you’re ready to find out if this is the right solution for you, start here:
Get Your Offer Started Today!
How I Will Calculate Your Offer:
(Show Me The Money!)
My offer is based on the "After Repair Value" (ARV) of your home—essentially, what it will be worth once I've fixed it up. I strive to make competitive offers that create “win-win” outcomes for everyone involved. After all, that's how I stay in business! The offer needs to work for both of us—while it has to make sense for you, it also needs to work for me. This business is how I support my family, keep the lights on, and continue to help homeowners like you.
Here's a breakdown of how I calculate the offer:
[Your Offer] = [After Repair Value] - [Cost Of Repairs] - [Selling Costs] - [Minimum Profit]
Let's Shed A Little Light On The Formula
1
Determine The After Repair-Market Value Of Your House.
After-Repair Value (ARV): simply refers to what your house would be worth if it were fully renovated to meet current market standards—just like the transformations you see on your favorite HGTV shows. My cash offer is calculated based on this ARV, ensuring you get a fair deal that reflects the potential value of your property.
2
Calculate The Cost of Repairs
The Cost of Repairs: is how much it would cost me to renovate the house and make it look spectacular, ready for the market. My goal is to enhance the property's value, allowing me to offer you a higher cash offer while ensuring a reasonable profit for my efforts.
3
Determine My Selling Costs
The Selling Cost: includes all expenses related to selling a property. While I purchase houses directly from homeowners without involving agents, to offer you a higher cash offer, I need to sell the property at its top value after renovation (this is the whole point of fixing up the property). This involves listing the house with an agent, which means I incur closing costs, agent commissions, and taxes.
4
Take Out The Profits
My profits are reasonable and essential to keep this business running. Without profit, I wouldn't be able to buy houses, pay contractors, or keep the lights on. Rest assured, I aim to make fair offers—my priority is always to offer the highest possible value for your property. After all, if my offers weren’t competitive, no one would accept them, and I’d be out of business!
Simply put, it all boils down to this simple concept:
Your offer will reflect the market value of your house once it’s fully renovated, minus the costs I’ll incur to bring it up to that condition, and minus my reasonable profit margin (of course).
Here's How We Determine YOUR Cash Offer:
1. Picture your house right now. Maybe it’s not falling apart, but it could use some TLC to make it worth top dollar. In this process, I’ll determine what your home is worth "as-is."
Imagine your neighbor down the street with a similar layout and square footage. They’ve recently made some big upgrades—brand new kitchen and bathrooms with granite countertops, a new roof, hardwood floors. Wowie!
It’s easy to see why they sold it for $250,000. It looks immaculate!
For me to sell your house for a similar price, I’ll need to make repairs and upgrades that match or exceed those in your neighbor’s home. This way, I can ensure that someone will be willing to pay $250,000 for your property.
Now it’s time to determine the cost to fix up your home. While every property is unique, on average, it costs about $80,000 to renovate most 1,200–1,300 sqft, 3-bedroom, 1-bathroom homes. Here’s a breakdown of what those costs might include:
$16,500 - New Kitchen
$ 4,500 - New Bathroom
$ 9,000 - Interior Paint
$ 8,500 - Flooring
$ 8,000 - HVAC
$12,000 - New Roof
$ 9,000 - Windows & Doors
$ 2,500 - Permits & Inspections
$10,000 - Lighting Fixtures, Yard Work, Cleanup, Other Odds & Ends
You might be thinking, "I know someone who could do it cheaper." That may be true. However, I ensure that all the work is not only of the highest quality but also 100% up to code and built to last. I only work with licensed, insured, and bonded contractors with whom I’ve built strong relationships. While this might cost a bit more, the results speak for themselves!
3. Next, let’s consider the cost of selling your home. Typically, it costs about 10% of the After Repairs Value. This includes expenses such as agent fees, staging, and other closing costs incurred once the home is renovated and ready for sale. For a home valued at $250,000, this amounts to approximately $25,000.
4. As a business, we do aim to make a reasonable profit from the work we do on your home. Our minimum profit of $40,000 is quite modest compared to the national average of $66,000 that many flippers earn for similar projects. Please remember that if additional investments are needed for the property beyond what’s been outlined, we will require a higher return to justify the increased risk. Greater risk for us needs to equal a greater reward!
Now We Are Ready to Make You An Offer!
Here's the breakdown of your offer:
Your Offer = [AFTER REPAIRS VALUE] - [COST TO FIX] - [COST TO SELL] - [MINIMUM PROFIT]
1. AFTER REPAIRS VALUE: $250,000
2. COST TO FIX: $80,000
3. COST TO SELL: $25,000
4. MINIMUM PROFIT: $40,000
YOUR OFFER = $250,000 - $80,000 - $25,000 - $40,000 = $105,000
In this scenario, we could offer you $105,000 for your home!
Bringing it all together
As you can see, I’m committed to making fair offers—never lowballing. It’s all about simple math: the offer needs to work for both of us. If you’ve made it this far down the page, you deserve a gold star! Reward yourself by filling out the form to get the process started.
If you’d like to learn more about me, you can do so here. For any additional questions, check out the information below or fill out the form, and I’ll give you a call!
Sell Your House To A Local Kentucky HomeBuyer Today!
Check out what these sellers had to say about their experience with Jeffrey Buys Homes
Jennae J.
Louisville, KY
Eric Garcia
Louisville, KY
The Schraders
Louisville, KY
Here Are Some Answers To Some Frequently Asked Questions
How Quickly Will I Have My Cash In Hand?
Depending on your situation, I can often complete the purchase within days—generally around 10—after we agree on terms.
Do I Need To Make Any Repairs To My House?
Absolutely not! There’s no need for you to spend time or money fixing up your house. I will buy it in any condition.
Will I Get A Fair Price?
You bet! I conduct a comprehensive evaluation of your property's condition and the current market trends to provide you with a competitive and fair cash offer.
What Happens If I Have Tenants?
I have experience handling properties with tenants. Depending on your situation, I work with you and your tenants to ensure a smooth and respectful transition.
What If My Home is Located Somewhere Else?
While my primary focus is Kuntuckiana and the greater Midwest, I actually buy homes all over the country. The process may differ slightly if I can’t physically see the home before making an offer, but fill out a form and let’s talk!
What Happens After I Accept An Offer?
Once you accept my cash offer, I, along with a reputable title company, will handle all the paperwork and legalities involved in the sale. You choose a closing date that fits your schedule, and I ensure a seamless and stress-free closing process. On the closing date, there will be some additional paperwork for you to sign, which can be done at the title company or through a mobile notary sent to you.
What If I Owe More Than You Can Offer For My House?
I pride myself on being a creative problem solver. While cash offers are the most popular and common, I have other methods for buying homes. I’m here to provide solutions tailored to your needs, so go ahead and fill out the form, and we can discuss alternative options that will still offer you an easy and stress-free way to move on.
What If I Have More Questions?
Want to call or text me directly? Feel free to do so at 502.709.0857.
Or email me.
You can also always fill out a form and I’ll be happy to answer any questions when we talk. Looking forward to helping you out!
Get Your Offer Now!
Stress-Free and Simple
I’m committed to making you an offer that works for you, without the hassle. I’ll handle all the details so you don’t have to! And remember, there’s absolutely no cost and no obligation to accept. Just fill out the form below to get started and see what I can offer you!
Get Your Offer Now!
Stress-Free and Simple
I’m committed to making you an offer that works for you, without the hassle. I’ll handle all the details so you don’t have to! And remember, there’s absolutely no cost and no obligation to accept. Just fill out the form below to get started and see what I can offer you!