Selling a house is a big deal. There are several things you need to do to get it ready, list it with an agent or DIY, and close on the sale. You may have wondered what you’ve seen online about companies buying homes for cash and wanted to know more. Well, here’s your chance. In today’s blog, it’s all about our FAQs.
Learn about our process and why buying homes for cash is becoming a popular way to sell a home.
Buying Homes for Cash FAQs
Below is a compilation of the most common questions we get asked about buying homes for cash.
Q: Do you list my home on the MLS or buy it outright?
A: Good question. Since we’re not agents, we don’t list your house. We are instead professional home buyers that will buy your home if it fits into our purchasing criteria. We may then repair your house and resell it to another homeowner or rent it out ourselves.
Q: How fair is your price for properties?
A: Quite fair for our purposes. Keep in mind that many of the houses we purchase are below market value — this is so we can make a profit selling to another homeowner. We offer a fair discount on the property, but we pay in cash and close very quickly. We also take the house as is, so it benefits us both.
Q: How do you determine a price offer on a house?
A: Glad you asked. We’re an open book, so no question is off the table. Our process is straightforward as we look for four things: the location of the property, what repairs are needed, the current condition of your home, and the values of comparable homes in your area that’s sold recently. Once we consider those things, among others, we then prepare a fair price that works best for the both of us.
Q: Do I have to pay any fees or commissions to work with you?
Absolutely not. This is the beauty of our process and what makes us stand out from traditional buyers. When you sell your home to us, there’s no fees or commissions. We’ll make you an offer and you decide whether to accept it — that’s it. There’s typically NO closing costs either. We take all the risk and burden off you while you walk away with cash in-hand. A pretty sweet deal, right?
Q: What makes you different from a real estate agent?
A: A real estate agent contracts with you to sell your home. They list it, sell it, and prepare everything for closing. They also take between 3-6% of the sale price of your house. If you can stand to wait for upwards of a year to sell your home, real estate agents are great; however, if you need to sell fast, we’re what you need. We buy your home and can close the following week.
Q: If I submit my info, is there any obligation?
A: Of course not. When you tell us about your property and we take a look and set up a call to discuss it, the ball’s in your court. It’s 100 percent your decision — as it should be. We won’t pressure you or harrass you. You know what’s right for you and we respect that.
Ready to Take a Chance?
Now that you know all about our process and have (hopefully) your questions answered, we invite you to contact us or fill out this quick form and let’s get started on buying your Southern New Hampshire home!