Here are answers to common questions we receive.
Do you buy every house?
We would love to be able to help every person who contacts us. However, it is not always feasible. We are committed to being fair and ethical. If we are not able to assist you, we will be straight forward and candid. We will always provide you with alternative options when they are available.
Are you a Realtor?
No, we are real estate investors. We work with realtors as well as other investors.
Are your services really free? How do you make money?
Yes, we do not charge you for our advice and consultation. As investors, we are taking a risk based on your property’s location, age, and condition in the given economic environment. As you know market conditions can change overnight and could cause us to lose our investments. How we make money depends on the situation. We may fix the property and sell it to a new homeowner for a profit. Sometimes, we may sell it to another investor for a premium. In other instances, we may keep the property for our rental portfolio.
Do you pay cash?
The payment method of choice is cash. However, there are times when we may use other funding sources. It really depends on each individual’s situation.
How soon can you close?
We know a lot of our clients were promised by other buyers they would close in a couple of days and were disheartened when it did not happen. If the property has a clear title and is a cash transaction, then 2 to 5 days is feasible. There are many variables to consider when closing. Closing terms and timing are specific to your needs and circumstances.
Do I have to move out immediately?
We have had clients tell us they were told by other buyers they would need to move out immediately or pay a fee. Each person’s situation is unique. We will work with you to establish a move out date that works best for you. This will be documented in the agreement terms.