Have Questions About The House Selling Process?
Whether you’re a first-time home seller or are already familiar with , there still might be some concerns.
Check out a list of FAQs below to sort out your questions and understand some important real estate terms.
If you still have questions, just give us a call (978) 494-5842 and we’ll be happy to answer them for you!
FAQ
- Are you a real estate agent or are you actually going to buy my house?
- Is there a different form I need to fill out depending on whether I want to list my house or get a cash offer?
- What is the benefit of a cash offer as opposed to listing on the MLS?
- How do you determine the price to offer on my house?
- If I opt for a cash offer, how long will it take to get an offer in my hand?
- How long does it take to get paid for my house?
- What if I don’t want to close fast? Can you close on my schedule?
- Does my cash offer expire?
- What types of property would you buy for cash?
- What type of property would you list on MLS?
- What does “as-is” mean?
- What does “all-cash offer” mean?
- Will I get a “low-ball” offer or do you pay market value?
- Do you pay market value?
- How do I know this is legit?
Q
Are you a real estate agent or are you actually going to buy my house?
A
We are both cash buyers and licensed agents. Our experience in real estate investing allows us to evaluate your property and make a cash offer that works for you and for us. As licensed agents, we’re skilled to run an analysis on your home and properly prepare your house for the MLS listing. Whether you decide to accept our cash offer or move forward with the traditional selling we are qualified to guide you through and get your house sold.
Q
“What If I don’t want to list, which form do I use to request a cash offer?“
A
😜Trick question! We only have one form through the website and it works for both cash offers as well as MLS listing – it’s the same form. Once you enter your information in the form, we’ll get back to you to discuss your property, ask about your home selling preference (if any), and discuss your options (if interested).
Q
What is the benefit of a cash offer as opposed to listing on the MLS?
A
Check out analysis. It comes down to time and money. If you want to sell fast and are happy with our offer, great – you can get cash for your home in 2-3 weeks. If you have time, about 3-6 months, and the money to clean the place up, the MLS might be a better option. We can discuss both options when you inquire and compare both scenarios specifically for your property.
Q
How do you determine the price to offer on my house?
A
Take a look at the actual example of In a nutshell, we establish the ARV (after repair value), our construction costs, and potential profit margins, and then make you an offer. If the numbers work for you, we move ahead and purchase your house.
Q
If I opt for a cash offer, how long will it take to get an offer in my hand?
A
Typically, it takes 24 hours after the appointment. In some cases, we can make an offer via email or over the phone sooner than that, but it’s on a case-by-case basis.
Q
How long does it take to get paid for my house?
A
Usually, we write you a check in about 3 weeks. There are cases where it only takes 7 days and others that 6 weeks. It really depends on the particulars of your property.
Q
What if I don’t want to close fast? Can you close on my schedule?
A
The answer is – yes! We are flexible and can close on the day you pick.
Q
Does my cash offer expire?
A
The cash offer is valid for 30 days. If you decide to sell your house the traditional way and we list it on MLS for you, your cash offer will be extended for 30 days as of the execution of the listing agreement.
Q
What types of property would you buy for cash?
A
We buy any type of real estate, everything from raw land to single-family homes to commercial properties. Our bread and butter however are single-family homes that require some repairs and upgrades. If we don’t buy your house ourselves, we also have an extensive list of cash buyers who may be interested.
Q
What type of property would you list on MLS?
A
Typically, it’s a well-maintained property with a homeowner who wants to sell but is not in a rush.
Q
What does “as-is” mean?
A
Just like it sounds, we are making an offer on your house as it currently stands. Whatever repairs, inspections, updates, or cleaning it needs is accounted for in our offer. If there are changes that occur during the negotiation process, that is fine, but the offer we send on day 1 is the offer for your house as-is (unless of course, there is something that was not disclosed to us or was not possible for us to know).
Q
What does “all-cash offer” mean?
A
All cash means you get 100% cash for your home. We work with the local title company and write you a check on closing day. We don’t rely on big banks or traditional lending institutions to close our deals. Our investors and financing partners are in business to let us close fast, that’s how we make our money and that’s how they make theirs!
Q
Will I get a “low-ball” offer or do you pay market value?
A
We work our hardest to get you an offer that reflects the value of your property in the current market while still making sense for us as a company to buy. We are 100% transparent in how we come to the offer, and make sure you fully understand why we gave you the offer we did. In the majority of cases, unlike the big tech buyers out there (Zillow) or the other big-name home buyers (those guys who say they like Ugly homes in their name) after you sift through the unseen fees and red tape, our off almost always wins out.
Q
Do you pay market value?
A
Many of the houses we purchase are below market value. Our business is purchasing homes at a fair price, renovating them, and reselling them for a profit. That is how we put food on the table for our family.
That being said, the fact that we can offer cash and close quickly is usually why folks come to us, and in exchange for this easy closing process, they are ok with a fair discount. Moreover, when you dig into our and see how agent fees’ holding costs and maintenance costs eat into your profits when selling through other channels. It’s not hard to see why working with us can often be the best option.
Q
How do I know this is legit?
A
We are a local family-owned business with 5 Star Google Reviews and a BBB A+ Rating. Meet our team on the page, see our projects and our customer reviews on the page, check out this website, and heck, give us a call at (978) 494-5842! We pride ourselves on integrity, honesty, and customer service!
We want to make sure you are good with every step of the process, and this is all obligation-free until you actually decide that you want to move ahead.