FREQUENTLY ASKED QUESTIONS
Have a few questions. Here’s a list of some of the most popular questions that are asked…along with our answers. If you still have a question after reading these, don’t hesitate to Contact Us and we’ll be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental property.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we 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. (No obligation offer)
This guide will walk you through the Pros and Con (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. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
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 or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).
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 right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions 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 home buyers. 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 (sometimes the same day). 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 is the hard part in this market).
Q: Is there any obligation when I submit my info?
A: 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: How does the process work to sell my house?
A: Once you have completed the GET AN OFFER FORM one of our real estate solutions specialists will contact you shortly (usually within 24 hours). In some situations, we will need to gather additional information. We will research your property and discuss all the details with you. We may be able to make you an offer for our company to buy your home directly from you right over the phone, or in most cases we will schedule a time with you to view the property and make you an offer!
Q: What sort of houses do you buy?
A: We buy houses in any condition, in any area, in any price range, in any situation! We will buy your house as-is, you don’t need to do ANY repairs!
Q: What do you mean “any condition, area, price range, or situation”?
A: Whether your house is in foreclosure, over-leveraged, condemned, has liens or health department violations, not maintained, burned damaged, or about to fall down WE CAN BUY IT!
Q: What will your service cost me?
A: Nothing! We do not charge you any fees to discuss your situation, make you an offer or to buy your home.
Q: Am I under any obligation to sell my home if I fill out your Property Information Form?
A: No! There is no obligation on your side! We will simply review the information, make you an offer, and you choose to accept or reject it, totally your choice!
Q: Is my information kept confidential?
A: ABSOLUTELY 100%! Your privacy is of the utmost importance to us. Any information you provide is completely confidential! If you want to deal with a reliable, reputable company who will treat you with professionalism, understanding, and respect – YOU HAVE COME TO THE RIGHT PLACE!
Q: If I know of another property your company may want to buy, do you pay a referral fee?
A: YES! Maybe there is a vacant house on your street or you know someone who needs and wants to sell their home, please refer them to us! Better yet, provide us their information and we will do all the research and make an offer. In some cases we will pay you up to $1,000 for a referral that results in us purchasing the property! Contact us directly to discuss the terms.
Q: What if I am behind on my payments, in foreclosure or bankruptcy? Are you still able help?
A: YES! Cardinal Homes Design Group, LLC is a professional real estate solutions company with training in solving these of difficult situations. There are creative financing strategies that could help you with your situation. Please Contact Us for a confidential consultation.
Q: What if I still have questions?
A: Contact Us with your question and we’ll be happy to assist you! Call us right now at 586-879-6877.
