Frequently Asked Questions
Maybe you have a few questions. That’s okay, most people do. Here’s a quick collection of some of the questions people ask us… along with our answers.
If you still have a question, don’t hesitate to contact us, we’d be happy to answer it for you!
Will you be listing my house on the MLS or buying it?
We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Do you pay fair prices for properties?
Many of the houses we purchase are below market value (we do this so we can resell them at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash. We close very quickly with no time, effort, or expense required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
Are there any fees or commissions to work with you?
This is what makes us stand out from the traditional method of selling your home: There are NO fees or commissions when you sell your house to us. We will make you an offer and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments).
How are you different from a real estate agent?
Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in months) and then takes a percentage of the sale price if they find a buyer. Agents provide a great service for those who are ok waiting months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company buys houses. We don’t list houses. Since we’re the one buying the house from you, and we pay with all cash… We can decide to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our cash, repair the house, and market it ourselves to find a buyer.
Is there any obligation when I submit my info?
Add an ansThere is zero obligation. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We won’t hassle you, won’t harass you… it’s 100% your decision, you decide what’s right for you. wer here.
Will you purchase my home that has known issues or needs major repairs?
Add an aYes, that’s exactly what we do every day; we buy houses “as is” in literally any condition. So whether it needs $1,000 in repairs or $100,000 in repairs, that’s not an issue. Even if your house has major issues such as asbestos, lead paint, termites, pests, mold, water intrusion, or needs repairs to the structure, foundation, roof, or even has damage from fire, we are interested in buying your home. This is because we have built a very experienced and knowledgeable construction department that has the expertise to handle a wide variety of issues and repairs. nswer here.
Will I get as much money as I would if I were listed with an agent?
Add an answWe often get the question “will you pay top dollar for my house?” The honest answer is, not always. Once you factor in the costs, hassles, and time needed to sell, we think you’ll agree our offer will be fair and competitive. If you work with us, you avoid all the time, energy, and financial resources necessary to empty the house, fix it up, clean it, and deal with all the fuss of ongoing showings. If you are comfortable with taking on all the work and hassles, then you may not be a good fit for us and should probably consider other alternatives to earn the highest possible price. In any case, there’s no harm in calling us to set up a complimentary, no-obligation consultation so you can make an informed decision. er here.
What factors go into your offer price?
As to how we calculate our offers, our goal is to get to a fair and competitive offer price that considers your needs as well as ours. The biggest factor is the current state of the home, mainly the estimated costs of repairs and improvements needed. We look at many other factors which include recent sales of other comparable homes in your area, costs of permits, city inspections (if required), cleanout costs including dumpster and sanitation as well as other related hard closing fees as well as holding financing costs and lastly a reasonable margin for our work. When we present you with a purchase offer, we are very transparent and open so that you understand how we calculated the offer for you to consider.
How long does it take to get an offer?
Once we meet at your home, we’ll follow up with a transparent offer within 24 hours. We want you to carefully consider your options and make the right choice for you, especially since selling a home is a big decision. If you are looking to sell your house very quickly, we can accommodate your needs by accelerating our offer process. Just let your home sales advisor know this before the consultation. Either way, if you choose to work with us, know that you will never get any pressure during our process.
What are the fees?
There are no fees or commissions to pay when you work with us. After your complimentary, no-obligation appointment, you’ll receive a purchase offer within 24 hours. If you agree, at closing you will receive your sales proceeds in the amount of the purchase price (not including any outstanding loans and property taxes due). Proceeds can be by check or by wire transfer (subject to bank wire fees) upon request. It’s straightforward, there are no games or hidden costs.
Do you require a home inspection like most residential real estate transactions?
Unlike a traditional real estate deal, we do not require a third-party inspection. However, in some situations, the local municipality will require a city inspection for health and safety review. In our process, while most homes are evaluated by our home sales advisors who will meet with you, on some occasions we may have our construction manager visit the home if there are major repairs or issues to estimate.
Do I have to remove my household items, furniture, and other belongings in the house, garage, or yard?
You don’t have to lift a finger if you don’t want to. There’s no need to hire labor to do the heavy lifting or a need to pay for a dumpster. It’s simple, you take any belongings from the home you desire and leave everything else to us. We will recycle or donate items left behind.
How long do I have to move out after closing?
We prefer to obtain the keys to the property at closing. However, we want our customers to choose the closing date that works best for them based on their schedule and needs. Of course, we can be flexible and understanding with the move-out timing when there are special circumstances where you may need more time.
I have an inherited property that I want to sell quickly, can you help me sell it?
We work with people in a wide array of situations from probate to bankruptcy, foreclosures, divorce situations to others just looking to downsize or relocate without all the hassles and stress. No matter your situation, we are here to help you move forward, faster, and with the greatest understanding and respect.
Can I sell if my house is in foreclosure?
Yes, we often work with homeowners who are looking to sell their houses quickly due to bankruptcy, short sale, or foreclosure.
Will you buy my house if I am currently going through a divorce?
While these situations can be complicated, the general answer is yes, as long as both parties in the divorce agree on the sale or the sale follows the terms of the divorce decree or court order.
I have a friend/family member who might be interested in selling their home to you. Do you pay a referral fee?
Yes, we do! We appreciate it anytime someone feels as strongly as we do about how we are changing the way people sell their homes. If anyone refers a seller to us, we will pay them a $2,000 referral fee! There is no limit to spreading the word. To receive a referral payment a referral form will need to be filled out by the seller with the referrer’s contact information once we go into the contract. We will contact the referrer for more information after closing.