Why do you want to buy our home?
We buy homes for investment purposes that's our business. Our goal is to create a win-win situation between you and our company. Whatever your reason for selling your home, we will buy it fast so you can get on with your life.
What type of programs do you offer?
We don't have any specific programs that we can offer. Each person who needs to sell their home quickly has a unique circumstance/situation. What we do is create a custom solution that fits the sellers needs. In most cases, we can create multiple solutions and our seller is able to choose which one best fits his/her circumstance.
How do you buy our home?
In some cases we can pay all cash, sometimes we can assume your loan, however, in most cases we purchase your home 'subject to' your existing mortgage. We then are able to make your payments for you until we can sell your home. This will give you the immediate debt relief that you may be looking for. Your home is in our hands, we make the payments for you, and you are out from under the payments and on your way.
What do you do with the home after you purchase it?
In most cases, after we purchase your home, we do any necessary repairs, cleanup, etc and fill the home with a tennant/buyer. The tenant/buyer will then lease the home with the intent to purchase it at the end of the lease.
What if the Tenant/Buyer tears up my home?
There's no way we can guarantee you that our tenant/buyer won't damage your home since we won't be liveing with them. But under our agreement, if that happened, we would repair it at our expens. Our objective is to find a buyer who will eventually qualify for a loan, and not a "tenant". Damages are rarely a problem. Again, if it happens, we'll fix it as per our written agreement.
When will you sell the home?
We can't give you an exact time, It will be up to the tenant/buyer to make that decision within the time frame they have. We can tell you we get paid when they buy, so obviously we'll be pushing them to do so........quickly! In the meantime, your payments will be made, which relieves you of the financial burden!
How do I know I can trust you?
We can understand your concern. We'll meet face-to-face after you call. You'll find we don't make empty promises......We shoot straight and we know this business. We believe we can create a solution that will work for both of us. If not, or if you're not comfortable after we meet, we'll shake hands and go our seperate ways. Honestly, we view our business relationship more personally than just handling a house....We want you to be confident, and able to sleep well every night without worrying about your home or payments. In fact, we wouldn't enter an agreement with anyone if we weren't confident in that person......and we don't expect any less from you. We're willing to devote our time and resources to your house, but only if you feel comfortable with that arrangement.
What if the person we put in the house does not pay?
Remember , that is our problem! If they don't pay, we will.
How do I know you'll make my mortgage payments?
Why would we not make the payments? We don't make any money until we get the home re-financed into the next person's name. That would be like working all week and not going to pick up our paycheck on Friday.
We can pay you directly and let you forward it to the mortgage company yourself. Or, we can set up a third party escrow company to collect from us and pay it for you. You can also choose for us to pay your lender directly. This is the most common technique. We handle all the paperwork. If we didn't pay, the lender would immediately notify you. So you're always on top, whichever method you choose. Remember that making the house payment is our problem, we bought your home subject to your mortgage.
Also remember that any increases in taxes, insurance or homeowner's dues are our responsibility.
What if I want to purchase another home?
We will give you a contract showing the payments are being made by us, so it will be a 'wash'. Example: $700 home payment on the mortgage, offset by $700 income from contract. We'll free up your debt ratio so you can qualify immediately. Be sure and let us know if those are your intentions.
These are just a few of the questions that many people ask us when we meet with them. If you have a question that you would like answered, please give us a call at (317) 856-1479. We will be glad to address your questions and concerns. |
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