Frequently Asked Questions About the Cash-for-Homes Process
If I enter my information, am I obligated to sell?
No. There is no obligation to sell. You can go through the whole process and receive your cash offer without making any commitments at all. The only commitment comes when you sign a sale contract after asking us to draft it for you.
What kinds of fees will I have to pay when selling my home?
There are no fees when you sell your home to us. We handle the titling and all of the other legal and red tape fees. We consider those costs when we calculate your offer, so it is already included in the cash offer that you get from us.
How is the offering price for my house determined?
We use industry-standard methods to calculate housing values. We look at the size of your house, its layout, and the neighborhood. We compare it to other homes in the area and across Chattanooga. We factor in current market fluctuations, and we assess the condition of the house itself. We put all of these pieces of information together in order to calculate the cash offer that we make on your house.
What do you do with the home after you purchase it?
We are real estate investors, so our goal is to bring out the potential of the property. The truth is that the best option really depends on a lot of circumstances. More often than not, we will flip the house or rent it. Those are definitely the most common options.
In uncommon circumstances, we might have to demo a condemned house or repurpose the home for a different use.
Can I sell my home if I am behind on the mortgage?
Yes. We work with people who are behind on their mortgage on a regular basis. There are many times where selling the house is the best way to get out from under a stifling mortgage. If the house appreciated in value, it might be possible to sell the home, completely pay off the mortgage, and still have enough left over to get you into a better home.
How long does it take to sell my home?
At the absolute fastest, we can buy your home in 48 hours. If your situation isn’t extreme enough to merit that pace, we can certainly go slower. Our goal is to make things easy so that you have more options, not fewer. If you need to sell your house fast, we have you covered.
Do I have to move out right after selling my house?
No. The date that you sell the house does not have to be the same day that you move out. We can work with you on a flexible move-out date that gives you time to pack up and move once the sale is complete. We can put the move-out date into the sales agreement, and that legally guarantees your right to stay in the house until the date specified.
Can I sell my house if I live out of state?
Yes! We work with homeowners who are out of state all the time. We are even capable of completely remote transactions, provided you can arrange for us to look over the property in person. For many out-of-state homeowners, selling to investors like us is much easier. We know all of the local and state regulations, so we can navigate the legal side of the sale with ease and remove those obstacles from your sale.
What types of houses do you buy?
We buy all kinds of houses. We regularly purchase houses in disrepair. We even buy condemned houses. But we also make offers on houses in great condition. We’ll even buy a house that has never had occupants.
We buy houses from owners in every kind of financial situation as well. We buy from other investors, and we buy from people behind on their mortgage. We buy all of these houses and everything in between. To sell your home in Chattanooga, no matter what state it’s in, give us a call today.