Frequently Asked Questions
General questions about our company, service, and solutions we offer on this website:
- How is working with you different from just listing my property with an agent?
- How does the process work?
- What if my house needs major repairs?
- I want to move soon. How long will this take?
- How can I be assured the sale will be done properly?
- Are there any fees involved?
Q: How is working with you different from just listing my property with an agent?
A: Agents will have you sign a listing agreement that locks you in to using them for six months to a year. Then they have you prepare your property, put it on the market and then bring buyers through until they find one that is ready to buy. The next step is getting bank approval for the buyer and your property and hoping it will close. The entire process can move quickly or drag on for many months – you never know. Once we connect, we will take approximately 72 hours to evaluate your goals and property. Then we will present you with several options custom suited to what you want to accomplish. No long term agreements, no commissions, no obligation. You can decide if what we offer is a fit, quickly and easily.
Q: How does the process work?
A: Once we have an initial phone call and you let us know your plans and time frame we will do some research on the property and area. Then we will set up a time to meet that is convenient for you to show what we can do. If what we offer is a fit we will write up a simple agreement and open escrow with a major Title Company. They normally need 7 to 14 days to complete their work and prepare the closing paperwork. They will issue you an estimated closing statement showing you the exact amount you will be receiving. The Title Company also acts as an independent 3rd party who will be able to answer any questions that might come up. The closing documents can be signed at a branch of the Title Company near you, or they can even have it done at your home. Once everything is signed the papers get recorded at the local County Recorders Office and your funds can be delivered to you as a Cashiers Check or wired to your bank account. It’s that easy.
Q: What if my house needs major repairs?
A: We have purchased homes that needed completely new foundations and had ceilings falling in due to roof leaks. It’s what we do.
Q: I want to move soon. How long will this take?
A: Our normal time to close is 30 days from start to finish. If you are really in a hurry we have closed in as little as 7 to 10 days. We use private funds so there are no lengthy delays for bank loans. The Title Company usually takes at least a week, although we can ask them to hurry it up if needed. As we have said, you can choose your closing date – whether that is weeks or months from now.
Q: How can I be assured the sale will be handled properly?
A: Title Companies are meticulous at making sure every detail is taken care of. They protect Buyers by making sure Sellers are the true owners that have the ability to sell. They even offer title insurance guaranteeing that Buyers are getting what they expect. For Sellers they make sure the Buyers funds are good and verified and in the Title Company’s account and then make sure the proper paperwork is in place and recorded with the County and then deliver the funds to the Seller. And you can always have your attorney review the papers and transaction.
Q: Are there any fees involved?
A: We charge no commissions and we pay all escrow and title fees. We even pay any city or county transfer taxes. You will receive an Estimated Closing Statement from the Title Company showing you the numbers and what you will receive before you sign the final closing documents.