FAQ'S
How are you different from real estate agents?
Real estate agents “list” properties. They charge you a commission to sell your property. There are no guarantees if, when and how much your property will sell for. The average property takes months to sell. Some properties take over a year, especially in today’s real estate market! This uncertainty causes great stress and anxiety. Usually not until the day your property sells and you get your check, do you even know exactly how much you’re going to receive. We are a national affiliation of professional homebuyers. We do not “list” properties, we buy them. We do not charge any fees or commissions. Often within 24 to 48 hours we can make you a fast cash offer, and usually within ten days or sooner you can have your money! We can relieve your stress, and we want you to have a hassle-free, pain-free sale!
Do you pay market or retail value?
Please do not confuse what a real estate agent tells you is the value of your property, with how much money you will actually put in your pocket if and when the property sells. First of all, it is quite common for a home or property to sell for 5 to 10 percent less than what the real estate agent lists it for. Secondly, when using real estate agents, it not uncommon that you as the seller, will probably be required to do a number of repairs to satisfy the buyer. These repairs could cost thousands of dollars. Third, do not forget your holding costs. (Your loan payments and the cost of your money tied up in the property, which could be making you money, somewhere else.) Finally there are commissions to the agent, which can be 6 percent, and your closing costs, which can be as much as 3 percent.
How do property taxes work?
You will be responsible for paying the prorated property taxes at close of escrow.
How do you determine the valuation of my home?
Our team of analysts conducts a thorough market value
assessment of your home using both publicly available real estate data as well
as information you provide. They consider the location, size, and condition of
your home relative to other homes that have recently sold in the area.
How long does it take to get my offer?
If your home is approved, we will send you the
estimated “Net Offer” within 24 hours of the application
being completed.
Can I have extra time to move out after we close the transaction and I get paid?
We proudly provide a 14-day lease-back option for your convenience. As part of this arrangement, a $5,000 deposit will be deducted from your proceeds and securely held by the closing agent until you vacate the property.
Do we have to pay for repairs before you will buy our house?
No, we buy homes “AS IS” and will make all necessary repairs.
How long might it take to close once I have signed an agreement with your homebuyer?
The closing date depends upon your unique situation, but in most cases we can close in ten days or less.
Is there any risk, obligation or charge?
You have no obligation or risk when selling to us. We will at no charge, fee, or commission, present you with a positive solution agreeable for both of you.
What type of properties do you buy?
We purchase all types of properties throughout the area – houses, condos, land, multi-family, commercial projects, etc.
What condition does the property have to be in?
We will buy the property in any condition. We’ve seen everything so don’t be embarrassed if your property is not in great (or even good) shape.
What price will you pay?
We take the current market value of the property less repairs and renovation to get the property fully updated and in tip top shape.
Who will pay the closing costs? Will it cost me any money?
We will pay all closing costs associated with the transaction. Working with us will not cost you one dime out of pocket, as we will pay for everything.
What title company do you use?
The Close line Settlements, WFG, and Blueline .
What if I owe more than the property is worth?
We can still purchase your house even if you owe more than it’s worth. We have a complete system that will assist you in a successful short sale. Please call 469-848-8600 for more info regarding this.
Are you realtors and do I have to pay a Commission?
No, we are private investors, and you will pay no fees or commissions. Our service is free.
How long will it take to close the transaction and get my cash?
It takes roughly 2 weeks to close the transaction but we can move quicker if it is necessary.
Why should I do business with you?
- Because we’re honest and we will do what we say we’re going to do. We’ve done hundreds of transactions and can get the job done.
Who handles the paperwork? Do I have to pay for that?
Our attorney handles all of the necessary documents to make the transaction happen. And the best part is that you don’t need your PhD to be able to read them. Of course, you are always welcome to have these items reviewed by your real estate agent or lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.
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