Frequently Asked Questions
Have a few questions? Most people do. So, here’s a quick collection of some of the common questions we get… with our answers next to them. If you still have a question don’t hesitate to shoot us an email through our contact page (or give us a call).
Q: Are you actually listing my house on the MLS or buying it?
A: Great question. We’re not agents, and we don’t list houses. We buy houses in South Jersey and surrounding areas that fit our buying criteria.
Q: Do you pay fair prices for properties?
A: We do. We have to take into consideration the cost of needed repairs and the market value of the home after all repairs are made to determine the current value of the home. In the end, we have to get a fair discount on a property so we have room to make a profit when we resell it. But, we bring to the table a fast, no hassle, all-cash offer… we can close quickly, are very flexible on terms of the sale, and will buy your house in any condition. If thats what you’re looking for and you see the value in getting your house sold fast… lets talk and 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… so I’m glad you asked. Our process is rather simple. We look at the location, what repairs are needed, condition, 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. So, 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 to work with us. We’ll make you an offer, and if its a fit… we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after … depending on the repairs needed to fix it up so it’s nice and pretty, and the marketing of the house. 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, the cleanout, the repairs, the payments–mortgage, taxes, upkeep, etc.
Q: How are you different from a real estate agent?
A: Real estate agents list properties for sale and then have to wait for an interested, qualified buyer to come along. 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. Typically it is 6% of the sales price (so if it’s a $100,000 house, you’ll pay $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 (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: No obligation at all. Once you tell us a bit about the property, we’ll do some quick research, call or e-mail you to find out a bit more and schedule an appointment to see the house. If the house meets our buying criteria, we will make you an all-cash offer that’s fair for you and fair for us. (If the house is not right for us, we will let you know that as well, along with a recommendation of what we feel is the best solution for your situation.) 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 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.