Frequently Asked Questions About the Cash for Homes Process
If I enter my information, am I obligated to sell?
No. You are under no obligation to sell your house at any point until and unless you accept the cash offer. You’ll know that’s the time of final decision because we’ll be clear about it, and you’ll have to physically sign a contract. We don’t charge any service fees at any point. You can walk away at any time you like. We understand that this is a big decision. Our goal is to make the process as easy and transparent as possible.
What kinds of fees will I have to pay when selling my home?
There are no fees at any point in the process. We handle 100 percent of closing costs, repair costs, and all other fees. The cash offer we give you is exactly how much goes in your pocket.
What are the benefits of selling to you vs a real estate agent?
Speed and convenience are the leading benefits. We will always make an offer on your house. That means you can skip the months of waiting for a hit on a traditional listing. We also handle all of the paperwork and the fees. You don’t have to pay a commission or go through the usual dance of selling a house. Furthermore, you don’t have to repair or even clean anything before leaving – we buy the house as-is.
How is the offering price for my house determined?
We use the same methods as any appraiser – we compare the neighborhood, average housing values in the area, the build of your house, and its current condition. The key difference is that we will walk through your house and appraise it in person. Apps and other value estimators usually ignore the current condition of the house, and you may see discrepancies between those estimates and our offers as a consequence. Rest assured that we aren’t using some secret formula to come up with your house’s value. It’s based on our best assessment of the real value of the home.
What do you do with the home after you purchase it?
We make decisions on a case-by-case basis. The simple answer is that we are real estate investors, so we try to make money on the property. Sometimes that comes from making improvements on the property and then selling it. Other times, renting is the better option. It just depends.
Can I sell my home if I am behind on the mortgage?
Yes. In fact, it’s a common practice. As long as you are legally able to sell the house, we can work with you to find a good financial option. The only time it’s out of our hands is if the lender has initiated foreclosure. At that point, it depends on the legal process. Sometimes, we can still purchase the house and you can use the money to settle your mortgage. In other cases, that may not be allowed.
What are the steps for selling my home?
We try to simplify this by breaking it into four steps. Contact us, schedule a walkthrough, get an offer, and sell your home. That’s all it takes.
How long does it take to sell my home?
This mostly depends on you. In extreme cases, we can go from first contact to signing a contract in less than a week. If you’re not in such a hurry, we’ll strive to match your timeline. The process can range from a single week to several months. It’s all about what you need.
Do I have to move out right after selling my house?
We’ll work with you to set a move-out date before finalizing the sale. We understand that you might not be ready to move as quickly as we can buy the house from you. Settling on a move-out date is part of the process, and we’ll walk you through it.
Can I sell my house if I live out of state?
Yes. As long as we can walk through the house and you can comply with City, State laws, we’ll accommodate your situation. We have purchased houses from out-of-state sellers many times.
Do I need to perform repairs before selling my house?
No. We purchase homes as we see them. It’s all about keeping things easy. If you think a few repairs will improve the value of your house, that’s up to you, but we’ll just as happily buy it without the extra hassle.
What types of houses do you buy?
We buy all types of houses in City, State. Whether it’s the newest home on the block and in pristine condition, or it’s literally condemned, we’ll still make an offer. We don’t have a favorite type or any preference. We base the cash offer on the value of the house itself, so all sellers are welcome.