Frequently Asked Questions
Have a few questions? No worries. Here’s a quick collection of some of the basic questions people tend to ask… with our answers typed out underneath them. If you still have a question, don’t hesitate to contact us (or give us a call)
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We buy houses Modesto that meet 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 prices for properties?
A: We have to purchase houses that are below market value so we can resell it at a profit to another home owner. If you’re in foreclosure you likely don’t have equity so we can negotiate with the lender for a discount on the property. If We can do so we have room so we can potentially make a profit when we resell it. we close very quickly, there is no waiting for financing and no time, effort or expense is required on your part of fix up the property. There also is no fees to pay to any agent. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price.
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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 simple. We look at the location of the property, what repairs are needed, the current 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 6 years and most areas still haven’t seen prices come back up. 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 when you sell your house to us. We make an offer, and if it’s a fit well with you then 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 and make it very pretty, nice and new, then market the property and finally sell for a profit (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 .
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 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months in many cases to sell and who have room to pay the commission on the sale. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple days. 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 for you what so ever. 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, and make you an all-cash offer that’s 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:
Need 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.