Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. Here is 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 anytime. We would be happy to answer it for you.
Q: Is there any cost to request an offer?
A: No, going through the offer sequence is 100% free, even if you are just curious about your house’s value, and even if you don’t accept the offer.
Q: Am I under any obligation to accept the offer?
A: No never. It’s totally up to you if you’d like to accept the offer or not.
Q: How do I request an offer?
A: Just click. This will get the process started. You’ll be prompted to answer a few easy questions about the condition of your house, and you get your offer as soon as you’re done.
Q: What happens if I accept the offer?
A: If you choose to accept, a contract will be generated and emailed to you. Open that email and you’ll be promoted through Docusign to click on a few places to sign the contract. Just like that we’ll have a fully executed contract and we can get started on the closing process.
Q: How does closing work? How do I get paid?
After we have a signed, executed contract we will send it to a local 3rd party title company that handles the closing. They will be responsible for making sure the title is clear, making sure both parties (you and us) have all of the proper documents, and they will collect the money from us and pay it out to you on the day of closing after all the proper documents are signed.
Q: Do you buy houses with tenants?
A: Yes we absolutely do, whether they’re up to date on rent or behind, or even an eviction situation.
Q: Can I stay in my house after closing?
A: This is one of the many benefits of selling to us. You sure can. We offer a program that allows you to stay in your house for up to 2 weeks after closing. This allows you to use your proceeds from your house sale for moving expenses. Way less stress than trying to get out on closing day. The 3rd party title company will keep a small percentage of your closing proceeds in an escrow account. As long as you’re out in the agreed upon time frame, the escrow account is released to you as soon as you’re out.
Q: How is the offer price generated?
A: We take out all the human error and biases from this process. Our proprietary algorithm calculates an offer price based on what houses comparable to yours are selling for in your area. Then it accounts for potential repair costs, holding costs, and our small fee and comes up with a transparent, fair offer.
Q: What costs would I pay for selling to you?
A: You’d be responsible for any unpaid liens on the property. That’s it, no closing costs, realtor fees, or repairs.
Q: How quickly can you close?
A: In as little as 3 days, sometimes sooner. It depends on how quickly the title work can be completed. We’re ready when you are.
Q: What happens to my mortgage?
A: The title company will take care of all that. They’ll take out the balance of your mortgage on the day of closing and pay it directly to your lender. They’ll take that out of the proceeds given to you on closing day.
Q: How long have you been buying houses?
A: 12 years. Wow time sure does fly…
Q: How are you different?
A: We are taking the human error, biases, and pushy salespeople out of the equation. When you get an offer from us you know it’s based on data that we will show to you. You can be confident in the offer, that no one will try to pressure you into taking an offer that you’re unsure about.
Q: Will my house be listed to the public?
A: No we will not list your house. We are professional home buyers.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
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 directly to us. We’ll make you an offer and, if you accept, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We’re taking the risks 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 its payments, as well as 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 and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 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 professional home buyers. Our company buys the house directly from you, and you can have an offer in just a few clicks of a mouse.
Learn The Pros and Cons Of Selling Your House To Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help St Petersburg homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (855) 372 3069. We would love to discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.