Plenty of "we buy houses" outfits build in a 40 to 50% spread. Ours stays between 10 and 15%, which is usually why an Auburn seller sees a stronger number from us, and occasionally why a deal goes instead to somebody who means to chip the price down after the inspection. The same four lines sit behind every offer we write, and we will walk you through all four on the phone or at your kitchen table.
After-Repair Value (ARV)The price a top-to-bottom remodel of your house could fetch on today's Auburn market, drawn from comparable closings within the past 90 days (think of what recently sold over in West Hill, Lea Hill, or Lakeland Hills, whichever matches your location).100% of ARV
−Repair CostsThe real bill a King County contractor would hand us to bring the place up to that finished standard. Nothing is hidden in a single number: crawl-space, foundation, roof, plumbing, windows, kitchen, baths, and flooring each get their own line you can review.Itemized per property
−Holding and Selling CostsTaxes, insurance, utility bills, flood coverage when the parcel calls for it, the commissions and closing fees that hit us on the resale, and every month the home sits in our hands mid-rehab. Added together those typically run somewhere near 10 to 12% of ARV.10 to 12% of ARV
−A Reasonable MarginThe piece that has to be there for the purchase to work as a business. Since we hold ours to 10 to 15% instead of the steep slice some far-off buyers carve out, the figure in front of you is one we can genuinely follow through on.10 to 15% of ARV
=Your Cash Offer
When the arithmetic above lands clearly on the listing side, you hear that from us, along with the name of an agent worth ringing. On an Auburn house in decent order, with two months to spare, that is often exactly where it lands. What changes it is a deadline belonging to a county rather than to you: an estate waiting on a courthouse in Seattle or in Tacoma, unpaid taxes running toward one county's foreclosure calendar and not the other's, a deed that can only record where the land sits. Our figure is fixed on the day it is written and the closing date is one we control, so the last thing left to settle is whose paperwork the sale has to clear. We settle that first.