Frequently Asked Questions

A: Good question. We get asked this a lot. Typically we simply purchase your house for cash and we don’t charge any real estate commissions. Once we buy the house we handle all the repairs and resell it or keep it as a long term rental investment property.

A: Absolutely. The houses we typically buy or ones that have problems that we need to solve. Whether it be major or minor repairs, cosmetic changes, foreclosure situations, or others, we need to purchase the home at a discount below the market value if the house was problem free. As a business, we need to sell the house for a small profit. The homeowners that sell us their homes are not expecting a large cash windfall when they sell. They are looking for us to solve their real estate problem fast and walk away with cash in their pocket.

A: Very good question. It’s actually fairly straightforward. Much like a real estate agent would do in determining how much to list your house for in the MLS, we use many of the same factors. Your home’s location, what needs to be repaired and the overall condition of the property, current market conditions, (including interest rates) and most importantly, what other houses are currently selling for. We use all of these factors when we present you with a cash offer.

A: This is one of the big advantages with working with a cash home buyer. We collect ZERO commissions when we buy your house. We’ll evaluate your property, make you a cash offer, you pick the closing date and it’s as simple as that. In some situations we can even pay for the closing costs! We hope to make a profit after we do all the repairs and resell the house. Or we hope to profit from creating a long-term rental property. We take the risk that we’ll end up making a profit but after you sell to us, you walk away regardless.

A: Real estate agents are generally good at what they do and provide a valuable service to many homebuyers. The difference between us and a real estate agent is that an agent will list your house on the MLS. They will try and market your house and will facilitate in showing your house and hosting open houses. For their service, they will charge between 3-6% of the selling price of the house. So if you house sold for $200,000 they would collect between $6,000 – $12,000 in commissions.

For a homeowner who is not in a hurry to sell their home and who doesn’t mind fixing up their property and maintaining a clean house over the 3-12 months it takes to sell the property, going with a real estate agent can be a good fit. We’re different in that we will buy your house directly from you and fix it up and sell it or keep it as a rental property. We can make a very quick decision and pay cash. You don’t have to worry about financing falling through or us backing out due to a low appraisal, etc.

A: No. There is no obligation when you fill out the form. We will take a look at the information about your house and contact you with any questions we have and then we’ll make an offer. You can say no and that’s perfectly fine.