How We Calculate Your Offer
Most cash-offer companies won't show you this. We will, because our number doesn't move after you sign, and this is why.
Every offer we make comes from four numbers. We'll walk through each one with you on the phone before you ever sign anything.
What your house would sell for once it's fully renovated, based on closed comparable sales in your neighborhood, not asking prices.
A real construction estimate from our own crew, CA LIC#1077593, not a guess from someone who has never repaired a house. We know what the work costs because we're the ones doing it.
Property taxes, insurance, utilities, and closing costs during the time we own and renovate the property before it resells.
What we need to make on the project for it to make sense as a business, same as any company that has to fund, renovate, and carry a property before resale.
The math, in one line:
Offer = After-Repair Value − Renovation Cost − Holding & Closing Costs − Our Margin
Because our renovation numbers come from the crew that actually does the work, and because we fund every deal ourselves there is no bank or outside partner to back out, there's nothing left to "discover" during an inspection a week before closing. The number we give you on day one is the number you get paid.
One more thing worth knowing: because House Junkies is part of Ulloa Investment Group, which also includes Legacy Real Estate (DRE #02165291), we can pull what your house would realistically list for on the open market and what we'd pay off-market in the same conversation. If listing nets you more, we'll tell you.
See a full side-by-side comparison →