FREQUENTLY ASKED QUESTIONS
1.) Are you sure you’ll buy my house? My Agent failed to sell the property.
Don’t worry, you’re not alone. A large percentage of properties that get listed through agents never sell for one reason or another. This could be due to the condition of the property, existing tenants, problem neighbours, poor timing, and a treasure trove of other reasons. When you list through an agent you are marketing to owner occupants and there are also additional costs that come along such as real estate agent commission. Try a different approach, It’s likely that the problem isn’t your house, just that it’s not a good fit for owner occupant and you should rather target investors instead.
2.) How are you different from estate agents?
Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Normally sellers can expect to pay between 6% and 8% of the selling price. So on a 1 Million rand house, you’ll pay between $60,000 – $80,000 in commission to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re professional property investors. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days . Again, we take on the risk of buying your house with our own money, repair the house, and market it ourselves to find a new buyer (which is the hard part in this current market).
3.) Is there any obligation when I submit my info?
There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll do our own investigations, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us and we won’t hassle you or harass you it’s 100% your decision and we’ll let you decide what’s right for you.
4.) What if I’m not quite ready to sell my house?
No problem! Just because now isn’t the right time to sell your property doesn’t mean you can’t reach out. We have plenty of clients who we stay in touch with for years before we buy their house. No matter how small your question we are always happy to help. Give us a call at (205) 202-0031. There are no obligations, we’re truly just here to help.
5.) Are there any fees or hidden costs payable?? ?
When you work with us you don’t pay any fees or commissions, you don’t have to fix or clean anything and we can can close in your preferred time frame. We buy houses in any condition in as little as 7 days and we pay cash. We’ll make you an offer, and if you accept we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. Once we buy the house from you the responsibility is ours and you walk away without the burden of the property and it’s payments.
6.) Do you pay fair prices for properties?
Many of the houses we purchase are distressed properties where the homeowners are going through some or other financial difficulty and are unable to maintain their property. It is common for these properties to be sold below market value as some require a lot more work to bring them up to market prices. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can provide a quick solution to their problem and close in just a few days (no waiting months for financing or buyers), and no time or effort or expense is required on your part to fix up the property and the best part is that you don’t pay any agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can arrive at a fair price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
7.) How do you determine the offer Price?
Great question, Our process is very straightforward and transparent. We look at the location of the property, the current condition of the property, what repairs are needed (if any), comparable sales prices of houses sold in the area recently. As you know, house values have taken a huge hit in the recent times and most areas still haven’t seen prices come back up. We take many pieces of information into consideration and we strive at all times to provide a fair offer and create a win-win situation. If you feel the offer is too low, there is absolutely no obligation to proceed with the sale.
8.) How does your company make money?
Our company is made up of highly experienced Property investors and experts. We purchase properties, renovate and put them back on the market or rent out in order to generate cashflow. We have confidence in our ability to turn properties into turnkey investments to the extend that we are willing to pay all closing cost on behalf of the seller.
1. We cut out the middleman. No real estate agent in the transaction means that no money is thrown away through agent commission. This means that we can purchase your property at a slight discount while you still get to walk away with just as much money in your pocket a true win-win for everyone.
2. We will add value to your property after purchase. This may include adding additional bathrooms or bedrooms, updating the kitchen,
modernizing heating and cooling systems, and painting the exterior to increase curb appeal. We use our extensive knowledge of the local real estate market to renovate less desirable homes into what buyers are looking for.
3. We leverage the scaling benefit that comes with renovating multiple project simultaneously. When we buy houses, we are able to conduct renovations at a lower cost than the traditional homeowner. We have contracting staff who work directly for us and the reduced overhead means we are able to pay more than most companies.
9.) What type of properties do you buy?
We buy houses ,flats / apartments, and townhouses in any condition or size in and around Birmingham mainly in the following areas:
Birmingham, Spring Lake, Pelham, Ensley, Hoover, Gardendale, Glen Iris, Homewood, Irondale, Crestwood, Avondale, Vestavia Hills, Trussville, Mountain Brook, Forestdale and many more…
We unfortunately do not buy RDPs, plots/farms or vacant land.
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