How it works
The most common question we get is "what's the catch." Here's the unvarnished version.
1. You tell us about your house
Address, basic condition, timeline if you have one. Two minutes. You can stop there or add the condition and timeline drop-downs to help us price faster. Nothing on our form is required beyond the address, your name, and a phone.
2. We make you a cash offer
Our team runs the numbers on your property — recent comparable sales, the condition, and what it'll take to get it resale-ready — and prices a fair cash offer. We buy as-is, in any condition, so there's nothing for you to fix or clean.
3. You review the offer
Usually within 24 hours. You can accept, decline, or counter — there's zero pressure and zero obligation. If the offer isn't right for you, no hard feelings.
4. You close — or you walk
If you accept, we close through a local attorney or title company. Because we pay cash, there's no loan approval to fall through. Typical timeline is 7-21 days depending on title work — or whenever works for you. If you don't accept, no fees, no follow-up pressure, no obligation.
What about the "catch"
A cash offer will be lower than what a realtor listing might yield — usually 65-80% of after-repair value minus repair cost. That's the trade-off for speed, certainty, no commission, no repairs, and no showings. For some sellers (foreclosure, divorce, inherited out-of-state, damaged property, tenant-occupied) that's the right trade. For others (move-in-ready, no urgency) listing with a realtor still nets more — and we'll tell you so.
We make our money on the resale, not on a fee to you — we buy below full retail value, then renovate and resell or hold the property. You pay nothing. The cash offer is the cash offer.
Lockwood Home Buyers makes cash offers directly to homeowners — no fees, no commissions, and no obligation to accept. We are not a real-estate agent or broker; we buy houses for cash.
Ready to see what your house is worth in cash?
Lockwood Home Buyers makes cash offers directly to homeowners — no fees, no commissions, and no obligation to accept. We are not a real-estate agent or broker; we buy houses for cash.