Frequently Asked Questions
Have a few questions? That’s okay; most people do. Selling your house can be a confusing process, but we are here to simplify it! Here are some of the questions we are frequently asked. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
Q: Are you a local company?
A: Yes, all of our team was raised in the Baton Rouge and surrounding areas!
Q: What types of properties do you buy?
A: We buy all types of properties: single family homes, duplexes, fourplexes, apartment buildings, condos, townhomes, mobile homes, mobile home parks, commercial. If we can make the numbers work, we can buy it!
Q: Do you buy properties anywhere?
A: Yes, we will buy anywhere. But, because of the nature of real estate values, some areas are more desirable than others and therefore, properties values of an area will influence the amount we can offer. If it is an area where real estate sales are flat, we have to anticipate longer times to market the rehabbed house which also affects our offer price.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Baton Rouge and the surrounding area that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: We are a BBB Ethics Award winning company, and have been in business 30 years, so I would say yes, we are fair! While it is not uncommon for us to purchase a house below market value, we do this so we can resell it at a modest profit to another homeowner. However, we have found that many sellers appreciate that we can offer cash, close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay 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 come to a fair win-win price. Our offers come with no obligation on your part, so why not give it a try!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: Our process is very straightforward. The biggest factors involved in making an offer is the LOCATION of the property, the CONDITION of the property and REPAIRS needed, and the PROPERTY VALUES of comparable houses in market ready condition sold in the area recently. We also factor the costs we will incur during the rehab process (permits, utilities, insurance, taxes, etc.) as well as the closing costs on the purchase and the sale, as well as paying a professional realtor to sell the property. We take on all of the costs of cleaning and repairing the property and hope to make our money after we sell the property. We’re taking the risks here on whether we can sell it for a profit or not. That responsibility is ours and you walk away without the burden of the property – and with CASH IN YOUR HANDS!
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: There are NO FEES, NO COMMISSIONS, and NO CLOSING COSTS! No haggles – No hassles.
Q: What if I am behind on mortgage payments or a foreclosure has been started?
A: Do not panic! We deal with these situations every day! There are a variety of options you can try if you want to stay in your house. But if you want to move on and be free from the burden of the house and mortgage, we are the perfect partner to help. Start by visiting our AVOIDING FORECLOSURE page!
Q: What if my mortgage balance is more than the property is worth?
A: In these cases, we work together with the mortgage company to do what is called a short sale. In short, we get the mortgage company to take a cash offer for a lesser amount and agree to not hold the difference against you.
Q: What if the property is in Probate or a Probate needs to be done?
A: Again, we deal with these situations every day! Let us know what stage of the probate process the property is in and we, along with our title company, will help ease it along. If the probate process has not been started, let us know. Many times, we can offer low cost (and sometimes no cost) solutions to you through our network of title attorneys and notaries.
Q: What if there are title issues?
A: We have been doing this a long time so we can handle many title issues that may come up. If the amount of liens are more than the property is worth, we can negotiate on your behalf to get the lien holder to accept a lesser amount. If all else fails, we can buy the property subject to the liens, but the cash offer amount will be less, and we assume the risk of the lien holder enforcing its rights against the property.
Q: How are you different from a real estate agent?
A: 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 varies) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay $6,000 in commissions to an agent). Agents provide a great service for those that can wait months to sell and who don’t mind giving up some of that sale price to pay for the commissions. Often, it may be necessary to make repairs to make it market ready, and possibly further repairs requested by the buyer. You may also have to pay some closing costs. And at the end of the dusty trail, sales often fall through because the buyer cannot qualify for a loan. But that’s where we’re different: We’re not agents, we’re home buyers. Add we pay with cash. One we agree on a price, you are well on your way to cash in your pocket – fast! Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which often times is the hardest part).
Q: Are there any costs and is there any obligation when I submit my info?
A: There are ZERO costs and there is absolutely ZERO obligation for you. Once you tell us a bit about your property, we’ll take a look at things, 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, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Q: Do you work with Realtors?
A: Yes! We love working with realtors. If you have signed a buyer agency agreement with a realtor or you are a realtor representing a seller, we will be happy to speak with you to discuss.
Q: I live out of town/state. Will I have to come to town to sign anything?
A: No. We can sign all paperwork for the purchase agreement electronically and all official closing documents can be overnighted to you from the title company, and the closing funds can be either wired to you or you can be mailed a paper check. We want to make this process easy and hassle free for you.
Q: I have a lot of stuff to get out of the house. Will I have time?
A: Yes. We can schedule the closing on your timeline. Take as little or more time as you need.
Q: My house needs a lot of repairs and clean up. Can you still buy it?
A: Yes. We buy properties completely AS-IS! And we will take care of anything you believe behind so please do not worry about hauling off trash or cleaning up. Let us handle that for you!
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Learn The Pros and Cons Of Selling Your House To Local Professional Home Buyer– FREE Guide:
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Get the FREE Guide and then give us a call at (225) 291-8000 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.