Before You Give Up Any Equity, Run The Numbers First.
Compare the cost of a Sell My House Fast For Cash Company with the 2% Purchase EDGE guaranteed-sale backup.
A Sell My House Fast For Cash Offer can solve a timing problem, but it costs a lot. Purchase EDGE works a different way. You keep trying to sell your home for more on the open market, and you keep a guaranteed-sale backup in place in case you need it. The offer price is not what matters. The net is.
How To Use This Purchase EDGE Calculator
Step 1
Add Your Current Home Details
Enter your home value, mortgage payoff, selling costs, and repair costs.
Step 2
Add Your Sell My House Fast For Cash Fees
Enter the offer and fee from the Sell My House Fast For Cash Company.
Step 3
Review The Purchase EDGE Backup
See the 2% backup option while you keep your home listed for sale.
Step 4
Compare What You Keep
Compare both options and see the net amount you keep after fees and costs.
Add Your Current Home Details
Enter your home value, mortgage payoff, selling costs, and repair costs.
Tell Us About Your Current Home
Current Home Information
Start with the basic numbers for your current home.
What the home could reasonably sell for on the open market.
Approximate amount still owed on the current mortgage.
Estimated Realtor, title, transfer, and other normal selling costs on an open-market sale. Currently estimated at 3% of the home value ($15,000). Adjust if needed.
Estimated repairs, updates, cleaning, or other costs needed before an open-market sale.
Add Your Sell My House Fast For Cash Fees
Enter the offer and fee from the Sell My House Fast For Cash Company.
What A Sell My House Fast For Cash Offer Really Costs
Sell My House Fast For Cash Company Details
These numbers apply only to the Sell My House Fast For Cash Offer.
Have an actual offer from a Sell My House Fast For Cash Company? Enter it here. Otherwise, we'll use the same amount as the estimated open-market value.
Enter the percentage the Sell My House Fast For Cash Company charges for its program or service. Use the actual fee if you know it.
Estimated Sell My House Fast For Cash Fee
$30,000
At 6%, that is $30,000 taken from a $500,000 purchase price before considering your mortgage payoff and any other costs.
Your Estimated Proceeds With The Sell My House Fast For Cash Offer
What Are You Paying For?
Speed and convenience are valuable. They also come at a significant cost to your equity.
- A fee of $30,000 taken out of your equity at closing.
- A fee that does not change no matter how quickly the sale closes.
- Any difference between the Sell My House Fast For Cash Offer price and what your home brings on the open market.
Review The Purchase EDGE Backup
See the 2% backup option while you keep your home listed for sale.
Now Compare That With 2%.
Purchase EDGE
Keep Trying To Sell For More
Your home stays on the market, so you can still go after the best price a buyer will pay.
Keep Working With Your Listing Agent
Your agent can stay involved and keep marketing the home while the backup is in place.
Keep A Guaranteed-Sale Backup
If the open-market sale does not happen in your time frame, the backup gives you another way out.
The Cost Difference
Sell My House Fast For Cash Fee
$30,000
At 6.0% of the Sell My House Fast For Cash Offer price
Purchase EDGE
$10,000
2% of the Purchase EDGE guaranteed purchase price
Fee Difference
$20,000
67% less than the Sell My House Fast For Cash Fee
Why Give Up $30,000 In Company Fees When The Purchase EDGE Backup Would Cost $10,000 At 2%?
Compare What You Keep
Compare both options and see the net amount you keep after fees and costs.
Your Estimated Proceeds With Purchase EDGE
Have your actual Purchase EDGE backup offer? Enter it here. Otherwise, we'll use your current home value.
Your Estimated Proceeds With The Sell My House Fast For Cash Offer
This comes from the Sell My House Fast For Cash Company details in Step 2. Change it there and this comparison updates.
Estimated Net Proceeds Difference
Purchase EDGE Leaves You With $20,000 More In This Example
A higher offer does not always leave you with more. What matters is what you keep after the fees and costs are taken out.
Want To See How Purchase EDGE Works?
See the full overview of how the program works, when it helps, and what to expect next.
Common Questions
Want Me To Review Your Scenario?
Send me the numbers above and I'll help you compare what a Sell My House Fast For Cash Company would cost against the 2% Purchase EDGE guaranteed-sale backup.
Prefer to talk it through? Pick a time that works for you.
Booking unlocks once you send your scenario, so Mike has your numbers before the call.
Your information is used only to respond to your mortgage inquiry and is not sold. This is not a loan application and does not constitute any type of formal loan approval.
For educational and illustration purposes only. This is not a loan approval, commitment to lend, or an offer to purchase. Purchase EDGE eligibility, documentation, property requirements, guaranteed purchase price, fees, and program availability are subject to current program guidelines. Sell My House Fast For Cash Offer prices, fees, closing costs, repair adjustments, and other terms vary by company and transaction. Recast availability, minimum principal-reduction requirements, processing fees, timing, and eligibility are determined by the loan servicer and are not guaranteed. Confirm all figures and program terms with Mike and his team before making a financial or real-estate decision.