Five steps, 24 hours to offer, 7 days to close. Here's exactly what the process looks like — and how it compares to a traditional listing at every stage.
Call (401) 396-7427 or submit your address online. We need: the property address, your relationship to the property (owner, executor, heir), and a general sense of condition (great, needs work, significant deferred maintenance). You don't need to have an exact repair list — we'll assess condition ourselves.
A member of our local Rhode Island team visits the property — typically within 24–48 hours. We're looking at overall condition, major systems (roof, HVAC, electrical, plumbing), any obvious structural issues, and neighborhood context. For some properties, we can work from photos if an in-person visit isn't possible.
We analyze recent comparable sales in your specific RI neighborhood, estimate repair costs, and factor in local market conditions. We deliver a written, no-obligation offer within 24 hours of the property visit. The offer specifies: the purchase price, proposed closing date range, any terms or conditions (which are minimal — we don't have financing contingencies), and earnest money.
If you accept, you sign the Purchase and Sale Agreement. You choose the closing date — as soon as 7 days, or as far out as 90 days if you need time to make arrangements. There's no pressure to rush. We hold our offer price regardless of when you decide to close within the agreed window.
We close at a licensed Rhode Island title company. The title company handles the paperwork, confirms title is clear (resolving any liens from proceeds if needed), and disburses funds. You sign the deed, the title company records it, and cash is wired to your account same-day. Total time in the closing room: 30–45 minutes.
Cash offers are based on a straightforward formula built on two numbers: the After-Repair Value (ARV) and estimated repair costs.
The ARV is set by recent comparable sales in your specific RI neighborhood — not a Zestimate. We pull actual closed sales within 0.5 miles and similar square footage, adjusting for condition, lot size, and features. For Rhode Island's heterogeneous housing stock, this neighborhood-level analysis matters significantly.
Call us or submit your address. We'll walk your property and deliver a written offer within 24 hours — no obligation to accept.
Call (401) 396-7427Get Cash Offer →We deliver a written cash offer within 24 hours of receiving your property information. From first contact to signed offer typically takes 1–2 days.
A signed Purchase and Sale Agreement (P&S) is legally binding. The initial cash offer is a proposal — it becomes binding when both parties sign the P&S. Unlike financed offers, a cash P&S has no financing contingency.
ARV (After-Repair Value) × 65–75% − repair costs = cash offer. The ARV is based on recent comparable sales in your specific RI neighborhood, not a Zestimate. The multiplier and repair estimate reflect what the buyer needs to profit after renovation.
A cash sale eliminates lender approval, appraisal, and inspector-driven repair demands — cutting the timeline from 75–120+ days to 7–21 days, with no post-inspection repair demands or financing fall-throughs.