Frequently Asked Questions

Have a few questions?  Most people do.  So, here’s a quick collection of some of the common questions we get… with our answers next to them. If you still have a question don’t hesitate to shoot us an email through our contact page (or give us a call).

Q:  Are you listing my house on the MLS or actually buying it?

A:  Great question. We are buying it. We’re not agents, and we don’t list houses.  We buy houses Phoenix that fit our buying criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.

Q:  Do you pay fair price for houses?

A:  Yes, we pay fair prices for houses whenever the property meets our buying criteria. We work with homeowners to establish their needs and based on those needs we can pay close to or even full market value of the property when we buy on terms. We can also purchase houses by paying all cash for the property in which case if we need to raise that much money in such a short period of time we have to purchase a house below market value.  If you are in foreclosure you might not have equity in your house. If that is the case we can often negotiate with the lender for a discount on the property. In the end, when we pay cash we have to get a fair discount on a property so we have room to make a profit when we resell it.  But, we bring to the table a fast, no hassle, all-cash offer… we can close quickly, are very flexible on terms of the sale, and will buy your house in any condition and pay fair price. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s talk and see if we can come to a fair win-win price.

[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. Head on over here download your free guide <<]

Q:  How do you determine the price to offer on my house?

A:  Great question and we’re an open book… so I’m glad you asked.  Our process is rather simple. We look at the location, what repairs are needed, condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up.  So, we take everything 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:  There are NO fees or commissions to work with us.  We’ll make you an offer, and if it’s a fit… we’ll buy your house (and we’ll often pay for the closing costs too!).  No hassle. No fees.  We make our money after we pay for repairs on the house to fix it up or refresh it so it’s nice and pretty… then we market the house, and sell it for a profit or keep it in our portfolio (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and 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 average time to sell a property in many markets right now is 6-12 months.  As you know, you pay a commission as a % of the sales price when you work with a real estate agent. Often times it’s 3-6% of the sales price (so if it’s a $100,000 house, you’ll pay between $3,000 and $6,000 in commissions to an agent).  Agents provide a great service for those that can wait 6-12 months to sell, who have room to pay the commission on the sale, and who can pay all of the costs associated with holding and maintaining the property during that time. Costs of holding your property may include paying principal and interest on your property, property insurance, taxes, HOA fees etc.  Our company actually buys houses. We don’t just list houses.  Since we’re actually the one buying the house from you, and we often pay with all cash… we can make a decision to buy your house within just 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:  No obligation at all. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more. After that we’ll make you an all-cash offer or offer to purchase on terms that we feel fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

 

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5 Ways To Stop or Avoid Foreclosure In Today’s Market – FREE Guide:

Fair Price For HouseNeed 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.