Selling your house for cash may be entirely new to you, and you probably have a lot of questions. The good news is that we’ve worked with countless homeowners in your exact situation and learned the most common questions that arise. We’ve consolidated them all here, along with our answers.
We hope this educates you on how we operate. But if there is something else you’re curious about that we haven’t answered here, feel free to contact us or give us a call, and we’d be happy to discuss it with you. We’re here to help!
When can I expect an offer for my property?
We strive to get an offer to you as quickly as possible. But at the same time, we want to make an offer based on your property’s current condition and your situation. Here’s how our typical process works. We’ll first have a phone conversation with you to see if we will be a good fit for each other. We’ll then gather your information to qualify you for your no-obligation offer. After that, we’ll put an offer together for you. We typically have your offer ready within hours of meeting with you or at least by the following day.
When will the closing take place?
We can accommodate your timeline. Whether you need a few months to move or a speedy closing in 7-10 days, we’re here to help.
Will I have to make repairs?
No, you won’t have to make repairs when selling to us. We might hire an inspector for our reference, but you won’t be responsible for any repairs. Compare that to a retail buyer that knit-picks every detail of your home and comes to you with a long list of repairs. It’s one of the benefits of working with us. You can be confident that you will not have to make a single repair.
What do I need to do?
You don’t need to do anything! You can relax and wait for closing day. If you’re living in the property, we can help coordinate your move. We’ll handle all the paperwork and coordination to ensure a smooth sales process, thanks to our experienced team and title company. We’re a full-service real estate company, and we’ve got you covered!
What do you do with the houses you buy?
Our use of purchased houses varies based on factors like location, condition, size, and the deal we arrange with you. Common uses include fixing them up for resale, turning them into rental properties, assisting individuals who can’t qualify for loans (e.g., business owners) to become homeowners, and offering short-term rentals.
What are the benefits of a cash offer for my house?
A cash offer offers simplicity and convenience. With traditional offers involving lenders, there are complex requirements and financing contingencies. Cash offers bypass these hurdles, ensuring you receive money quickly without worrying about financing-related delays or contingencies.
Do you offer fair prices for houses?
Yes, we make realistic offers based on the property’s finished value and renovation costs. We strive to keep renovation expenses low to provide you with a fair offer. We can explain our offer calculation, and you’re under no obligation to accept it. We’re here to educate and assist you in finding the best solution for your situation, even if we’re not your buyer.
Do you charge any fees?
We charge zero fees! Our offer is the final price you’ll receive at closing. In contrast, selling on the market typically involves agent fees (about 6% of the sales price), potential closing costs, and inspection-related repair expenses. When you work with us, you won’t face these costs, saving you potentially tens of thousands of dollars!
How much will you pay for my house?
We understand that this might be one of the top questions on your mind. Several factors go into each offer that we make on a house. We consider various factors when making an offer, including location, size, condition, finishes, nearby sales, and our plans for the property.
We take all of these things into account and work to calculate an offer that will work for you. We also consider your near-term plans and try to structure our offer to help you meet them!
How do you differ from a real estate agent?
Real estate agents list properties on the MLS, but we directly buy your house. When you work with us, you get a personal offer without waiting for potential buyers. We’re your buyers, so there’s no uncertainty about who’s purchasing your home.
While agents and investors both deal with real estate, their roles vary significantly. If you’re comfortable with listing, showings, and the traditional sales process to find the highest offer, an agent might be for you. However, if you prefer a hassle-free and immediate fair offer for your home, we can provide that!
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