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 will be happy to answer it for you.
Q: Will you be listing my home on the MLS or actually buying it?
A: Great question. We are not agents, and we don’t list home. We are professional home buyer: We buy homes in California that meet our purchasing criteria.
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable homes sold in the area recently. As you know, home values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration and come up with a fair price that works for us and works for you too.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your home. There are NO fees or commissions when you sell your homes to us. We will make you an offer, and if it’s a fit then we will buy your home and we will often pay for the closing costs too. No hassle. No fees. We make our money after we pay for repairs on the home if any. The responsibility is ours and you walk away without the burden of the property and its payments and often with cash in your hand.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any. The average time to sell a property in many markets right now is 6-12 months and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your home so if it’s a $100,000 home, you will pay between $3,000 – $6,000 in commissions to an agent. Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We are not agents, we are home buyer. Our company actually buys homes. We don’t list homes. Since we’re actually the one buying the home from you, and we pay with all cash, we can make a decision to buy your home within a couple of days, sometimes the same day. Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer which is the hard part in this market.
Q: Is there any obligation when I submit my info?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we will take a look at things, maybe set up a call with you to find out a bit more, and make you an all cash offer that is fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your home to us and we won’t hassle you, won’t harass you, it’s 100% your decision and we will let you decide what’s right for you.
Q : What if I still have a loan on my house?
A: With mortgages ranging from 15 to 30 years, chances are your current loan isn’t fully paid off when it comes time to sell. No worries, our cash offer includes paying off your existing mortgage so that you can walk away with cash in your pocket.
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