Frequently Asked Questions
We know that buying and selling homes can be stressful, and so we want to help. Here's a list of our most frequently asked questions. If these don't answer your questions, give us a call today!
Q: Are you a real estate agent and are there fees or commissions involved?
A: No, we are not licensed, agents, or brokers. We are real estate investors and we buy and sell properties on our own behalf. In any transaction, we represent ourselves and you represent yourself. That means that you do not pay us any commissions. If you buy one of our homes, the only fees involved are the normal costs and fees associated with purchasing a home.
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
Q: What types of homes do you buy?
A: We buy all types of homes. Any size. Any condition. Any situation. You don’t need to make any repairs, or even clean before we buy your home. If you’re in financial distress or just ready to move on to the next phase and are having a hard time selling, we are confident that we can help to find a solution that works for both of us. Often times we can make you a fair cash offer almost immediately and close very quickly. Just give us a call!
Q: If I’m behind on my mortgage payments, can you still buy my home?
A: Yes! We buy homes in any type of financial situation. We work directly with the banks, are very familiar with the foreclosure process, and often buy homes that are behind on payments.
Q: What types of properties do you sell?
A: We sell all types of houses that we own, under contract and selling equitable interest, or offered in conjunction with a business associate We have everything from complete rehabs to beautiful move-in ready houses to rental properties. If you don’t see what you’re looking for in the inventory of deals currently, let us know. We are constantly getting new deals in our available inventory, so we’re confident that we can find exactly what you’re looking for at just the right price. Just give us a call!
Q: How are you different from a real estate agent?
A: 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 many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 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 actually buys houses. We don’t list houses. Since we’re actually the ones buying the house from you, and we pay with all cash… we can make a decision 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 own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
Q: Is there any obligation when I submit my info?
A: There is absolutely zero obligation for you. 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… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.