Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us and we’ll be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it? A: We’re not agents, and we don’t list houses. However, In certain situations we can provide the service of one of our realtor partners to bring your property to closing faster. In doing so, we cover all realtor fees involved at no cost to you.
Q: Do you pay fair prices for properties? A: Yes we do. Our process for doing so is simple. We gather general info on your property. We utilize our in-house contractor to estimate repairs needed for your property. We consult with our in-house realtors to determine current and/or post renovation value. In doing these 3 simple steps we are able to give you a fair offer based on your property condition and what values in the area show.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q: Are there any fees or commissions to work with you? A: There are absolutely zero fees or commissions paid to us by you, the seller. We get paid from our property investors who partner with us on all of our deals.
Q: Is there any obligation when I submit my info? A: There is no obligation whatsoever. We will simply review the info you provide to see whether or not we may be interested in your property.
Q: How long does it take for me to get my money? A: It can take as little as 21 days. Generally speaking you will get your money within 60 days from the time a contract is signed with us to the time closing will occur.
Q: How does closing work? A: We use the same closing attorney for all of our deals, aside from a few exceptions. Our closing attorney will collect and hold any and all deposit money, run a title search on your property, prepare all necessary documentation for closing, and disperse money on the day of closing.
Q: Are you buying my property or is someone else? A: We are technically purchasing your property. In order to close, we utilize a financial partner and use their money. Just as a residential home buyer will use a bank to finance their home, we utilize financing partners to close the deal between you, us, and the partner we bring onto the deal.
Q: Do you put money down once a contract is signed? A: We always require our financial partner that we bring onto the deal to put at least $1000 down in escrow with our closing attorney, no matter what. In the event a deal falls through for whatever reason, that $1000 will go to you, the seller.
Q: So you are basically selling my property before we close and I get paid? A: No. We are not selling your property. We are facilitating the purchase through what is called assignment of contract. Assignment of contract allows us to bring on a financial partner to the deal and use their money for closing. It is our way of being able to do multiple deals without coming out of pocket or getting loans for all of our deals.
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Learn The Pros and Cons Of Selling Your House To Local Professional Property Buyer– FREE Guide:
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Get the FREE Guide and then give us a call at 814-201-6172 and we’ll discuss what your home is worth and what we can offer.