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Many homeowners do. Below is a concise page on questions we typically get along with our answers. If you still have questions feel free to call us or shoot us an email.
Q: Are you going to list my house on the MLS or buy it?
Great question. We are licensed agents but we focus on buying properties. We either fix the home up and sell it or keep it as a rental.
Q: Do you pay fair prices for properties?
We buy properties for only a small discount to figure in some profit when we sell the home after fixing it up. Home owners understand that they can take a little less in their price in exchange for a cash offer with no contingencies as opposed to working with a mortgage buyer that can offer a little more, but may not be able to close.
Q: How do you determine the price to offer on my house?
Good question, and we’re an open book. We have a simple process that consists of looking at the repairs needed, the current condition, and what other homes nearby are going for. We take all these factors into consideration and determine a fair all cash offer.
Q: Are there any fees or commissions to work with you?
There are NO fees when we buy your house. We’ll make an offer and if it seems like a fit we’ll buy your house and even cover the closing costs. We make our profit after we fix the home up and sell it. Once we own the house, all the risk goes on us to make a profit so that you can walk away from all the burdens, often with cash in your hand.
Q: How are you different from a real estate agent?
Real estate agents list properties and hope that someone will buy them. The average time to sell a house with an agent is about 6 months. Agents are paid a % based commission from the proceeds of the sale. It’s typically 4-6% of the sales price so if you sold a home for $100,000 the commission would be $4000-$6000. Agents provide a good service for those who are not in a rush or who can be flexible on a buyer’s timeline. We make our living by taking the risk to buy the house with our own cash, fixing it up and finding a retail buyer.
Q: Is there any obligation when I submit my info?
There is No obligation at all. Once you tell us a bit about your property, we’ll look it over, maybe set up a call with you to find out a bit more, and make you an all-cash offer to buy your home. From there, it’s 100% your decision on whether or not you’d like to sell your house to us.