Frequently Asked Questions
Q. My home is not paid for. How do you
handle my mortgage balance?
A. We call your lender, and ask for the payoff
balance of your loan. My bank will do a funds-
transfer (wire) to your lender,
paying in full the outstanding balance. The home owner will be given a cashier's
check for the difference between the sale price and the payoff amount.
Q. What if I'm behind on my mortgage
payments? Can I sell my home?
A. Yes, here again, we will talk to your lender.
He will give us the payoff that is good to a point in time. We wire the funds
for the payoff to the lender, and the home owner is paid the balance in a cashier's check.
Q. If you look at my home, am I obligated
to pay an inspection fee? Is there any cost to me?
A. No, there is no cost or fees for you, the
homeowner, whatsoever.
Q. How soon must I move if you buy my home?
A. We work with each seller on a case by case
basis. Whatever fits into your plans, usually is agreeable with us.
Q. How soon will I be paid?
A. As soon as all the documents are signed, you
are paid in full with a cashier's check.
Q. My property is in a trust. Can I still
sell the house to you?
A. I am not an attorney, and I cannot answer
legal questions, or give legal advice. However, we will call the attorney of
record for the trust, and obtain a legal opinion.
Q. May I change my mind if I sell you my
home?
A. No, Once we sign a contract it is binding.
Q. What do you do with the houses you buy?
A. I place them into my rental program.
Q. My house needs a lot of work, Do you buy
fixer uppers?
A. Yes, I buy houses in any condition.
Q. My house needs no repairs or
improvements. Do you buy my kind of house?
A. Yes, I buy houses in any condition, whether
there is no work or lots of work to be done makes no difference.
Q. Is my inquiry confidential?
A. Yes, your name, address, phone number or email
address is never given away or sold to anyone outside of my office.
Q. How do you determine a price for my
home?
A. Click
here for a detailed
explanation.
Q. How long have you been buying houses?
A. I have been buying and selling Real Estate for
over 20 years.
Q. Do I the home owner have to pay excise
tax?
A. Yes, whenever Real Property is transferred,
the county collects the excise tax.