If you have any questions about House Buyer Network™ that have not been completely answered in the FAQs, please feel free to browse our resources section for more information.
Got a question about House Buyer Network? We’re here to hel
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.
- How does your process work?
- Do you pay market value? Will you use or need an appraisal? How do you determine the offer amount you’re willing to make?
- Do I need to have a realtor?
- Do you only buy houses? Or will you buy condos, manufactured housing, etc?
- What is your fee?
- Am I obligated to use your service once I fill out your form?
- Will selling my home let me avoid foreclosure?
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.
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.
Do you only buy houses? Or will you buy condos, manufactured housing, etc?
What is your fee?
Am I obligated to use your service once I fill out your form?
A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that built up over years of home mortgage payments can be paid to you.