Frequently Asked Questions
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 (or give us a call) and we’ll be happy to answer it for you.
Q: How does this process ACTUALLY work and what is the CATCH?
A: I’m glad you asked… Step 1. Call us or Fill out your Information, Step 2. We will call you and get some more details about your home, Step 3. We will research the value of your home and verify the info you gave us, Step 4. We will make you an offer(s), depending on your specific location, Condition of Property and Timeframe. Step 5. If you are happy with the offer(s), we will set up and appointment with you to see the property in person and have you sign the agreements or just leave them with you to look them over or send them to your attorney. Step 6. (If Agreement/Offer was signed), You will close with an Attorney and Move on with your next adventure. SO Easy and Transparent!
Q: Do you only buy “Ugly” Houses in need of Repair?
A: Absolutely Not! We Buy Houses in ANY condition. TV has hyped up alot of the processes; and to be transparent, only a part of our business is fixing up properties in need of repair and reselling them. A larger part of our business is helping out families in Move in Ready Homes that because of the Market Conditions, have lost most if not all of the equity. In these situations we have programs to get the Homeowner at or near Full Market Value with ZERO Commissions!
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. Our company actually buys the houses: We buy houses St Louis that meet our purchasing 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: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. 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. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
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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 straightforward. 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 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: What if I do not like the price you offered?
A: First off, you are in charge of the entire process. This is your home. Because of the process described in the previous question, we can not offer full Market value for the property. In order to help out more families in need, this is a for profit business. However; in EVERY situation, there are alternatives to Cash offers that many of our clients have leaned towards. We are here to create OPTIONS for you. We are not here to give you a low ball offer and make you regret the decision later.
Q: Do I need to make any Repairs to the my house before you buy it?
A: No. We buy many houses as is! In most cases we pay the closing costs!
Q: Do I have time to pack and Move?
A: Depending on the nature of your situation or personal timeline, We come up with a fair move out date. Keep in mind, we have built great relationships with local movers and packers to expedite the process, In alot of cases we plan the entire move and reserve all the moving parts for them at no additional cost!
Q: How do I know I can trust you?
A: Great Question, short answer you don’t. You have to rely on your sound judgement and be sure to ask all the right questions, Believe me, before we are done you will see that I am truly an open book. I do not conduct business on misdirection and false claims. The great part of this entire program… You do not pay me a single Penny! I never ask for your Credit/Debit Card. All personal information will be collected through myself or another member of your choosing. All Transactions are closed out with a Real Estate Attorney Present.
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 house: There are NO fees or commissions when you sell your house us. We’ll make you an offer, and if it’s a fit 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 (if any) and sell it 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 and you walk away without the burden of the property and it’s payments… and oftentimes 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 house (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 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’re not agents, we’re home buyers. 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 (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’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.
Q: How is your company any different than other Investors or Realtors I have worked with?
A: Hard to say. All I can tell you is that YOU are in control of who you do business with. If we can help you, we will! Don’t pay anything for information that we give for FREE or take some fancy postcard’s word for it, CALL US. Our team will evaluate your situation and make you an offer or give you advice on steps you need to take that may be more beneficial. The fact of the matter is, we are in the business to help people and want honest referrals and truthful reviews. Just do your due diligence whoever you pick and if you are unsure if they are telling you everything you think you should hear… then say No Thank you.
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