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Below is a series of questions we frequently encounter about
our home buying service. If you don't see the answer you're
looking for, or if you would like a more detailed explanation,
please contact us.
Do you pay market value? Will you need or use an appraisal? How
do you determine the offer amount that you're willing to make?
When we buy houses, every home owner's situation is unique, as is the
process by which our home buyers determine what they are willing to
offer for a home. The things they take into consideration include the
age and condition of a home, costs of needed repairs, as well as the
urgency of your individual situation.
The following example can help you understand all of the costs involved
in a standard home sale process.
"Fair Market Value" is the term for the gross revenue from selling a home.
For this example, let's say you have a property "worth" $200,000. On
average, 90-95% of that value would be offered for that home across
the country. You might get an offer for that value within 90 days, and
that is if you are fortunate. Even if all goes well, you would need to give
another 30-45 days for closing, and then, once all is said and done, you
could make four or five extra mortgage payments on your home since
originally listing it for sale. Tack on to that the typical real estate
commission of 7% for your realtor, plus a 3% closing cost, in addition
to any repair costs (paint, carpet, roofing, etc), and you have a sensible
picture of the traps in the 'traditional' house selling process.
Our Quick Sale Real Estate Agents are hand-selected to ensure they
can help you save time and money by getting a listing offer in front of
you quickly. Often times they can provide a reduced commission or
incentives aimed at a quick sale. They also work closely with local
buyers to ensure that you do not have to endure the anxiety and
uncertainty of waiting.
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Do I need to have a realtor?
Our suggestion would be that you first fill out the home info form so
that one of our home buyers can contact you. After that has been
done, you may then wish to consult a realtor and see what would
happen if you find your own buyer. Sometimes their commission can
be waived or fees can be largely reduced.
We deal with persons regularly who are unsatisfied with their current
realtor. If you are currently listed with a realtor, governing rules may
prevent our Quick Sale Real Estate Agents from pursuing your business.
However, we do give you the option of telling us when your listing
expires, so that they may contact you at that time. Many Realtors will
release you from a contract if you are dissatisfied, as well, and that
release allows our Quick Sale Real Estate Agents to work with you,
thus providing the most options for selling your home.
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Do you only buy houses? Or will you buy condos, manufactured
housing, etc?
We buy houses, but also much more. We will consider buying
townhouses, condominiums, duplexes, beach property, office
buildings, farms, land, or any building that has deeded land
attached, such as manufactured housing or mobile homes.
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What is your fee?
There is absolutely no fee to the home seller when working with
one of our home buyers.
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Am I obligated to use your service once I fill out your form?
Absolutely not. You are under no obligation until you have entered
into a signed contract with one of our home buyers. You would have
a similar obligation with any real estate transaction.
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Will selling my home let me avoid foreclosure?
Yes, in most cases you can stop foreclosure by selling your home.
Read Stop Foreclosure to learn more.
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