Frequently Asked Questions

Have a few questions?  Most people do.  So, here’s a quick collection of some of the common questions we get… with our answers next to them. If you still have a question don’t hesitate to shoot us an email through our contact page (or give us a call).

Q:  Are you actually listing my house on the MLS or buying it?
A:  Great question. Although we are licensed agents, we are not looking to list your house, we are only interested in buying your house.  We buy Phoenix houses that fit our buying criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.

Q:  Do you pay fair prices for properties?
A:  We have to purchase a house at a reasonable discount when we are buying the house outright. Otherwise we would go out of business.  However, we also have a program where we can take over your existing loan and pay full market value on the house. Or, if you are upside down on the loan we may be able negotiate with the lender for a discount. In the end, if you need to sell quickly for cash, we have to get a fair discount on the property so we have room to make a profit.  But, we bring to the table a fast, no hassle, all-cash offer… we can close quickly, are very flexible on terms of the sale, and will buy your house in any condition. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s talk and see if we can come to a fair win-win price.

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Q:  How do you determine the price to offer on my house?
A:  Great question and we’re an open book… so I’m glad you asked.  Our process is rather simple. We look at the location, what repairs are needed, condition, and values of comparable houses sold in the area recently. As you know, house values in the Phoenix area took a huge hit a few years ago, and prices are still recovering.  So, we take everything 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:  There are NO fees or commissions to work with us.  We’ll make you an offer, and if it’s a fit… 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) to fix it up so it’s nice and pretty… market the house, and sell it (we’re taking all of the risk 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 oftentimes with cash in your hand).

Q:  How are you different from a real estate agent?
A: We are licensed, but we are looking to buy your house, not to list it! Real estate agents list properties and hope that someone will buy them. The average time to sell a property in many markets right now is 6-12 months.  As you know, you pay a commission as a percentage of the sales price when you work with a real estate agent. Generally it’s at least 6% of the sales price (so if it’s a $100,000 house, you’ll pay at least $6,000 in commissions to an agent).  Agents provide a great service for those that can wait 6-12 months to sell and who have room to pay the commission on the sale.  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 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:  No obligation at all. 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 thats 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 decide what’s right for you.

 

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Q:  What areas do you buy houses in?
A:  We buy houses everywhere in the Phoenix metro area, which includes Phoenix and the surrounding cities and towns: Mesa, Glendale, Apache Junction, Peoria, Chandler, Gilbert, Tempe, Scottsdale, Avondale, Goodyear, Fountain Hills, Paradise Valley, Casa Grande, Higley, Carefree, Cave Creek, Guadalupe, Litchfield Park, Laveen, and Tolleson.

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5 Ways To Stop or Avoid Foreclosure In Today’s Market – FREE Guide:

Need more information on the foreclosure process and How To Stop Foreclosure?  Download our FREE Stop Foreclosure Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners avoid foreclosure or sell unwanted properties for cash.