HOW MUCH WILL YOU PAY ME FOR MY HOUSE?
During a traditional sale, you have many costs such as a realtor's commissions, closing costs, and prorated taxes. These costs of sale are normal and unavoidable. Our goal is to offer a bottom line price that is competitive with this type of conventional sale through a realtor. When we make an offer, we will tell you exactly how much you will walk away with at closing. This bottom line number is typically ~90% of the Fair Market Value of the property, which is similar to what you would walk away with in a regular sale.
HOW DO YOU DETERMINE THE FAIR MARKET VALUE (FMV) OF MY HOUSE?
We determine the FMV of your house based on what's called a "Comparative Market Analysis" (CMA). This is the same type of analysis that an appraiser or realtor would use to determine your home's value. We are more than happy to share the addresses of the comparables that we use to determine your home's value.
DO I NEED A REAL ESTATE LAWYER AS WELL?
You are more than welcome to involve a real estate lawyer when selling your property to us, but it is not required. All of our closings are facilitated by a traditional title company and we always have our attorney handle the details. If you would like to forego the use of an attorney, rest assured that real estate professionals are still involved throughout the process.
HOW LONG DOES IT TAKE TO CLOSE?
Based on your circumstances, we can choose a closing time-frame that works for everybody. Typical closings occur ~1 month after signing a contract, but we can close in as little as 2 weeks, or as long as 3 months. The closing time-frame is chosen based on what works best for you.