Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
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 and we purchase properties quickly and for cash. 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: 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. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to 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 win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!
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 versus 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: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we 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 directly to us. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house 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, as well as 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 takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 6 to 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 buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even 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.
Q: Is there any obligation when I submit my information?
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. We’ll let you decide what’s right for you.
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Get your FREE Guide and then give us a call at (334) 423-4747. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.
Selling your home can be a complex process, especially when navigating through traditional real estate channels. However, selling to a cash home buyer, like TK Properties in Auburn, offers a streamlined and stress-free alternative. If you’re considering this route, you probably have some questions. Below, we address the most frequently asked questions about selling your home to a cash buyer.
1. What is a Cash Home Buyer?
A cash home buyer is an individual or company that purchases properties outright with cash, eliminating the need for mortgage financing. This allows for a quicker closing process, often within a matter of days, compared to the weeks or months it typically takes with traditional buyers.
2. Why Should I Sell My Home to a Cash Buyer Like TK Properties?
Selling to a cash buyer offers several advantages:
- Speed: Transactions can close in as little as 7-10 days.
- Certainty: No worrying about the deal falling through due to financing issues.
- No Repairs Needed: Cash buyers purchase homes in their current condition, so you don’t have to spend time or money on repairs.
- Convenience: The process is straightforward, with minimal paperwork and fewer contingencies.
3. How Does the Cash Offer Process Work?
The process is simple:
- Contact TK Properties: Provide basic information about your property.
- Schedule a Visit: A representative will visit your home to assess its condition.
- Receive an Offer: After the assessment, you’ll receive a no-obligation cash offer, typically within 24-48 hours.
- Close the Sale: If you accept the offer, you can close the sale quickly, often within a week.
4. Do I Need to Make Repairs Before Selling?
No. One of the biggest advantages of selling to a cash buyer like TK Properties is that they buy homes as-is. Whether your home needs minor repairs or major renovations, TK Properties will handle it after the sale. This saves you time, money, and the hassle of managing contractors.
5. Will I Get a Fair Price for My Home?
TK Properties strives to offer competitive, fair market prices based on the condition of your home and current market trends in Auburn. While cash offers are typically below market value, they reflect the convenience and speed of the sale. Plus, you save on realtor commissions, closing costs, and repair expenses, which can add up significantly.
6. How Fast Can I Close the Sale?
One of the key benefits of selling to a cash buyer is the speed of the transaction. After accepting the cash offer, you can typically close within 7-10 days, depending on your schedule. This is particularly beneficial if you need to sell quickly due to relocation, financial difficulties, or other urgent circumstances.
7. Are There Any Hidden Fees?
No, there are no hidden fees when you sell to TK Properties. The offer you receive is the amount you will be paid at closing. You won’t have to worry about paying real estate commissions, closing costs, or any other out-of-pocket expenses.
8. Is the Process Complicated?
Not at all. The process of selling your home to a cash buyer is designed to be simple and hassle-free. TK Properties handles all the paperwork and guides you through every step, ensuring a smooth transaction from start to finish.
9. What Types of Homes Do Cash Buyers Purchase?
Cash buyers like TK Properties purchase all types of homes, regardless of their condition. Whether it’s a single-family home, condo, townhouse, or multi-family property, they are interested in buying. Even if your home has been damaged or is in need of extensive repairs, TK Properties will make an offer.
Conclusion
Selling your home to a cash buyer in Auburn, like TK Properties, can be a quick, convenient, and stress-free experience. With no need for repairs, no hidden fees, and a straightforward process, it’s an ideal solution for homeowners looking for a swift sale. If you have more questions or are ready to sell, contact TK Properties today to get started.