Selling your house for cash may be entirely new to you, and you probably have a lot of questions. The good news is that we’ve worked with countless homeowners in your exact situation and learned the most common questions that arise. We’ve consolidated them all here, along with our answers.
We hope this educates you on how we operate. But if there is something else you’re curious about that we haven’t answered here, feel free to contact us or give us a call, and we’d be happy to discuss it with you. We’re here to help!
How long will it be until I get an offer?
We work quickly, but at the same time, we want to ensure our offer makes sense for both of us. Our offer is based on your property’s current condition, so we don’t typically make an offer until we’ve had a chance to meet with you and view the house. And trust us – it will save you a lot of time! This way, we can give you an offer you can be sure will close.
Here’s how our typical process works. We’ll first have a phone conversation with you to see if we will be a good fit for each other. Then, we’ll set an appointment whenever you’re free to meet with you at the house. After that, we’ll put an offer together for you. We typically have your offer ready within hours of meeting with you or at least by the following day.
How long will it be until closing?
You choose the closing date! Since we’re not buying your house to live in, we can work on your timeline. Need a few months to get moved to your new place? We can handle that! On the flip side, if you need to close very quickly, we’ve got you covered! We have the means to close in as little as 7 days if needed.
Will I have to make repairs?
This is one of the biggest benefits of working with us. We will never ask you to make repairs when you sell your house to us. Unlike traditional retail buyers who might scrutinize every facet of your home and demand a lengthy list of repairs, we provide a streamlined, hassle-free process.
What will I have to do?
Nothing! We are a full-service real estate business, so once we come to an agreement, you get to relax and wait for closing day. We will handle all the paperwork and transaction coordination that typically goes into buying and selling a house. We have an excellent team, including a fantastic title company, that will make the process extremely smooth for you.
What do you do with the houses you buy?
What we do with a house will depend on the location, condition and size of the house. Here is a list of the most common uses for the properties we buy:
- Fix them up to sell
- Fix them up to rent
- Help people who can’t qualify for a loan (such as business owners) to own a home
- Short-term rentals
What are the benefits of a cash offer?
The primary benefits of a cash offer are speed, convenience, and simplicity. We don’t use banks, so our ability to buy your house does not rely on a bank’s strict lending requirements. A traditional retail buyer who uses a bank will require an appraisal and likely an inspection before their loan is approved. If the loan is denied, it allows the buyer to back out of the transaction, leaving you to start the process all over again.
That won’t happen with us. We are cash-ready, so you can be sure that our offer is one you can depend on. We will buy your house as-is, meaning we will never ask you for repairs, renovations, appraisals or professional inspections. And we can operate on your timeline instead of the bank’s, so if you need to move fast, we can close in as little as 7-10 days.
Do you pay a fair price for houses?
We understand that if we don’t make realistic offers, we’ll never be able to buy houses. Therefore, we do everything we can to give you an offer that works for you. We work hard to control renovation expenses and keep our rehab budget low so that we can pass some of those savings on to you.
Ultimately, we base our offers on the finished value of the property and how much it will cost to renovate it. If you’d like, we can share with you how we calculate your offer. And remember, you have no obligation to accept it! Even if we end up not being your buyer, we will share as much information with you as we can to educate you and help you pick the best path for your situation.
Do you charge any fees?
We charge zero fees! Unlike listing your house with a real estate agent (where a percentage of the sale is paid to them), we are buying your house directly. The benefits to you are that we can close quickly, we handle all cleanup and repairs, and you avoid the fees/commissions associated with typical real estate agent transactions.
How much will you pay for my house?
We understand this might be one of the top questions on your mind, and the answer you probably don’t want to hear is “it depends.” We calculate our offers based on several factors, such as your property’s location, size, layout, and condition. In addition, we consider your near-term plans to ensure our offer is structured to help you meet them. Rest assured, there is no obligation to accept our offer, but we will do everything we can to make one that works for both of us.
How are you different from a real estate agent?
A real estate agent’s job is to find a buyer by listing your house on the MLS. Their process is to place a For Sale sign in your yard, market your property to the public, and schedule multiple showings to prospective clients. This process can take weeks or months before closing, and it will cost you approximately 6% of the home’s purchase price in commissions.
When working with Fast Selling Solutions, we are your buyer! No sign in the yard, no listings, no waiting to find a buyer, and no commissions/fees. We close on your schedule, and we can close in as little as 7-10 days. Our services are designed to take the burden off your shoulders as effortlessly as possible so you can get on with your life. There is no need to clean out the house or make any repairs. We handle all of that!
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