Frequently Asked Questions
Below are some of the most common questions homeowners ask us. Do not hesitate to call us with your questions at (864) 991-3275
Q: Do you try to sell my house on the MLS like an agent or are you actually buying it?
A: We don’t list houses for sale, we buy houses as investment property. After we purchase your house, we may fix it up and sell it to a new homeowner, or we may keep the house and rent it to tenants.
Q: Will your offer be a fair price for my property?
A: We are a business. At the end of the day, we need to make a profit to stay in business. We purchase many houses at below market value so that it makes sense to fix it up and sell it to another homeowner for a reasonable profit. We are looking to get properties at a fair price based on their condition. 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 (no waiting for financing), and no time or effort or expense is required on your part of 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!)
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Q: How do you determine what price you will offer on my house?
A: Our process is very straightforward.
We look at 3 factors when determining out offer price.
- Location of the property – we look at the values of comparable houses that have recently sold in your area
- Current condition of the property – we take into account the condition of the roof, windows, foundation, floors, siding, etc
- What repairs are needed – we make an estimate of the cost to repair any issues with the propertyGreat question, and we’re an open book: Our process is very straightforward.
As you know, house values have taken a huge hit since the recession of 2008-2009 and most cities have not seen prices rise back to the level they were at before 2008. We take all of these factors into account and come up with a fair offer that works for you and us.
Q: Do you charge any fees or commissions for your services?
A: This is what makes us stand out from the traditional method of selling your house: You pay ZERO Fees or commissions when you deal with us. If you decide our offer works for you, we buy your house. No Stress. Often we cover all the closing costs that the closing attorney charges. We take on the responsibility of paying for any repairs to the house and trying to sell it. (There is a risk that we may not be able to sell the house for a profit in the end, but we take on that risk. You walk away with cash in hand, no more payments, and not more hassles from owning the property.
Q: How does selling to you differ from dealing with a real estate agent?
A: Real estate agents list your property on the MLS and hope someone comes along to buy it. In many markets, the current amount of time it takes to sell a property can be 6-12 months. All the while, you are still making payments and maintaining the property. If the real estate agent finds a buyer, they are going to charge you a total of 6% of the sale price. (3% goes to your agent, and 3% goes to the buyer’s agent) If your house sells for $100,000, thats $6000 in fees you will be paying to the agent. We cut out the middleman, saving you money and time. We buy with our own cash and close quickly. Again, we make our living by taking on the risk involved in dealing with contractors, repairing your house, and trying to sell it ourselves.
Q: When I fill out the form with my info, is there any obligation?
A: There is absolutely zero obligation for you. Once you give us some information about your property, we do some research on your property, maybe set up a time to take a look at the property in person, and make you a win-win offer. It is up to you to decide if our offer is a “win” for you. We don’t do high-pressure sales, you can decide if our offer seems fair to you. If you decide to sell your house to us, we will set up a time to close and get you your cash in days, not months!
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Need more information on the foreclosure process and How To Stop Foreclosure? Download our FREE Stop Foreclosure Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners avoid foreclosure or sell unwanted properties for cash.