Episode Transcript
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Hello. Welcome back to the Danny Buys Houses
podcast.
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I'm your host, Danny Johnson, here in San Antonio,
Texas.
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All right, we got a great show for you today.
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If you've got a house that's falling apart,
inherited a property you don't want, or just
evicted some
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tenants who left a mess, this episode is for you.
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Today, we're going behind the scenes of selling a
house to a cash homebuyer like me at Danny Buys
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Houses. I'll walk you through every single step,
from the first call to cash in your
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hand. We'll answer some listener questions too.
Are you ready? Let's get started.
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Selling a house can feel like a mystery, right?
Especially if it's beat-up or if you need out
fast.
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That's where cash buyers like Danny Buys Houses
come in.
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I've been doing this for over 20 years now here in
San Antonio, buying houses as is
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for cash. No repairs, no delays, just a simple
real estate
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transaction.
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So what happens when you contact us? Let's dig
into that.
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Let's break it down in detail step-by-step.
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First step, you reach out. You can call us at
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210-881-7707. That's
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210-881-7707 or head to
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dannybuyshouses.com
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and fill out the fast cash offer form. It's right
there on the homepage and you can't miss it.
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All right, it's easy. It really just takes two
minutes.
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Uh, you just basically tell us about your house,
where it is, what it's like,
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and, you know, don't hold back. If, if it's got
cracks in the walls, an outdated kitchen, or a
leaking
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roof, we need to know. This isn't really a beauty
contest.
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We buy off-market properties in any shape
whatsoever.
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Once you hit the submit button on the form or hang
up the phone, we're on it.
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Next, we schedule a visit.
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We agree to a time that works for you. We come to
your house, me or one of my
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team, and there's no pressure and no rush.
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You know, even if you're out of town, we can even
work around that.
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This isn't a traditional home inspection where we
walk around with a clipboard and nitpick
everything,
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climb up on the roof, crawl under the house. We
don't do any of that stuff.
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We're basically looking at what shape is the house
in, what do we need to do to get it fixed up and
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sold, rented, or, you know, anything else we wanna
do with the house.
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So basically, we're looking at what shape the, the
HVAC system is in, do the kitchens, bathrooms need
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updating, uh, is the foundation unlevel?
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Um, you know, what kind of cleaning needs to be
done? Is there anything that need to be hauled
off?
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All that kind of stuff. And don't worry,
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because nothing scares us. We've seen it all
really.
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We've bought burned houses before that have been,
you know, like 20, 30, 40%
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burned. We've bought high-end houses that didn't
even need any work.
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Uh, we're not scared off by anything.
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We've, we've, uh, you know, we're really just
figuring out what it'll take to fix up after we
buy it.
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That's our job, not yours. So you don't have to
worry about, you know, having a detailed list of
things
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or point out things. We, we just walk through and,
and look at it all.
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You know, this walkthrough typically really, a lot
of people are surprised 'cause it only takes about
15 to
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30 minutes. So we're not gonna take up a lot of
your time during this appointment.
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And then the big question that we get
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is usually, how do we determine our offer?
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So we've walked through, we've determined,
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you know, how much, uh, in repairs we're gonna
have to do.
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We can basically come up with our cash offer for
you. And people wanna know what is the process.
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Well, we look... Before we head even out there to
the house, we're looking at what the house's value
is
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fixed up. So we look at what things have sold
for...
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Similar houses have sold for in that immediate
area within the last typically six
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months. And from there, we have an idea of what it
might be worth once we're done fixing it.
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Obviously, there's some risk involved.
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And so, you know, we, we have to figure out that
number, uh, pretty, uh, you know, sometimes
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conservatively depending on, on how varied the
different sales prices have been.
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And from there, we subtract the repair costs that
we just figured out after walking through the
house
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and a little bit for our profit. And that's it.
There's no secret formula.
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Say your place needs 30K in work, we factor that
in and give you a fair number for the, uh, for
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the house. So, it's not full market price. Those
buyers don't want...
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You know, they don't want to buy a house that
needs work.
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They want move-in ready, but it's cash, it's fast,
and it's hassle-free.
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So you know exactly what you're getting, no games,
right?
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There's no, there's no cost to get that offer.
There's no obligation for you to accept that
offer.
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Uh, but if you do like it and you wanna move
quick, we're ready to go.
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So let's assume that you do like the offer. What's
next? So you say yes and we move fast.
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We both sign a purchase agreement so that our
offer is in writing, right?
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You wanna know what you're agreeing to.
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We wanna know what's being agreed to, all in
writing, so there's no confusion.
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We send the deal to a local title company here in
San Antonio.
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For us, it's usually Old Republic Title.
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They do a title search, make sure the house is
yours to sell and there's no hidden liens.
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Uh, it just takes a few days and we put down
earnest money deposit to show we're serious and to
make it a
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binding contract.
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Uh, and then we set a closing date. So that
closing date is gonna be, you know, basically,
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you know, a week. It could be two weeks. It's
really up to you. It's what do you need.
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How much time do you need to take care of things
you need to do?
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If you are living in the house, you need to move
out, you wanna have, you know, three or four
weeks,
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that's really up to you.
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Uh, we're pretty flexible with all of that.
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So now, the closing day rolls around. We're
usually out there early.
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We sign first with the title company because it
only takes us about 10 minutes.
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Then you sign at the title company when it's
convenient for you or you can even sign remotely
if you're not
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local,
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uh, and can't make it to the title company in
person.
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Uh, after all signatures are, are done, the title
company gives you a check for your proceeds
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and the papers, uh, everything's done.
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You know, everything is recorded at the, the
county courthouse by the title company.
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They really handle all of that kind of stuff, so
you don't have to worry about it.
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You're really basically signing and getting your
check
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and, uh, handing over the keys, and that's
basically the, the end of it for you.
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So,
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you know, you walk away with crash- cash, no
strings attached. We take the house mess and all.
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And, you know, I've had, uh, I've had even folks
cry tears of relief at
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the table, you know. Uh, I remember one, one lady,
Carla, sold us a house after her
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tenants had wrecked it and she said, "Danny, I
feel free."
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And, you know, you could tell that the weight had
been lifted off her shoulders.
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And, and that's what this is all about.
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So, that's basically the process in a nutshell.
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If you have more questions regarding how we do
things and what we do, feel free to give us a
call.
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We'd love to talk to you about it.
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And, uh, at this time in the podcast, I like to,
to go through some listener questions.
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So you've sent them in. I've got answers. Let's
get right into the mail.
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All right, the first one here. "Danny, what if my
house needs a ton of repairs, including a roof
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that has been leaking for a long time? Can you
still buy it?" That's from James in San Antonio.
James, yes.
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You know, the worse,
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the better. We bought places you wouldn't step
foot in. Uh, repairs don't scare us.
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You don't touch a thing while we handle it all.
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Uh, even if there's, you know, a different thing
caused by, by the, the roof leaking for a long
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time, you're gonna have damage that might not be
seen. We know that. We understand that.
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We can get in there and take care of stuff and
we'll still buy the house as is so that you don't
have to mess with
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any of that stuff. All right, James? Cool. All
right, next.
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Let's see here. "I inherited a house full of junk.
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Do I have to clear it all out?" This is from
Rachel in Universal City.
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Uh, Rachel, nope, leave it all there, furniture,
trash. Whatever you want to take, you take.
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Whatever you don't want, just leave it there.
We'll deal with it.
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Um,
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you know, I once bought a house with 20 years of,
of things, newspapers and, and
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different things stacked up
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and, uh, you know, nearly touching the ceiling. It
was kind of hard to even get through the place.
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So you're off the hook. You don't have to, to
worry about cleaning all that stuff up.
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I know that's daunting to, to have to go through
all of that stuff, uh, when you don't really even
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want any of it, you know, to find out what to do
with it.
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A lot of times, there's, uh, an emotional
attachment to it because of th- the person that
owned those
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items, you know, things like that. So, you don't
have to worry about that.
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We'll take care of it if you don't wanna keep any
of it.All right, so the last letter here is, "How
fast can
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you close? I'm behind on property taxes." That's
Mark from Converse. Hey, Mark.
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Uh, you know, we can close in as little as a week
if you're in a pinch, uh, tax troubles are
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urgent. We know we've helped folks dodge auctions,
uh, with days to spare and we can move fast
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for you. So just give us a call. We can see what
the situation is, uh, and, uh, the property
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information, all that kind of stuff, and make you
an offer and see if we can't,
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uh, get that house sold, uh, before any- any more
serious problems with the property
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taxes 'cause you know, the county's gonna get
paid.
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Before anybody else, the county will get paid no
matter what.
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All right.
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If you got more questions, send them my way. I
love hearing from you.
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And, um,
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yeah, so let's transition into,
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you know, like I said before, how- how to get the
ball rolling.
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If you're thinking about considering a house, uh,
selling a house quickly,
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uh, for cash, needs repairs or anything like that,
just visit, uh, DannyBuysHouses.com.
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Fill out that fast cash offer form on the homepage
and tell us about the San Antonio house, repairs
or
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not. Or if you're in surrounding areas, Seguin,
um,
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uh, Universal City, Converse, Selma, Schertz,
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Boerne, uh, you know, New Braunfels, all of that
kind of stuff, you
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know, it- it's fine. Uh, just reach out to us and,
uh, and we'll make you an offer.
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All right? There's no- no obligation and you can
say no and walk away if you're not happy with the
offer that
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we make you. All right.
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So
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selling a house doesn't have to be hard. You know,
it can be scary, but it doesn't have to be hard.
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I've... Y- you know, I know it's scary for most
people and, uh, you know, I've been doing this
since
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2003.
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So I love helping people with houses that- that
need work 'cause I love taking houses, fixing them
up and-
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and really transforming them.
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Um, you know, that house with the- the ceiling
that's falling down and, uh,
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you know, maybe has, uh,
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you know, lots of problems, uh, that you really
don't want to deal with anymore, we'll take it,
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fix it up and, uh, we'll do something with it.
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We can get you cash for that house as is. And, uh,
you can be on your way.
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That's what we do at Danny Buys Houses.
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So head over to DannyBuysHouses.com, fill out that
form, and let's talk.
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I'm Danny Johnson, and here,
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uh, I'm here to make this easy for you in San
Antonio. All right?
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Thanks for tuning in, everyone. Uh, share this
with someone who needs it.
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Next time, we're gonna talk about selling an
inherited house for cash, whether probate
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has been done or not. So you don't wanna miss it.
Tune in to the Danny Buys Houses podcast.
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This is Danny Johnson saying take care and let's
get that house sold. See you soon.