Frequently Asked Questions
Peradventure, you have a couple of questions. That’s completely normal. Most people have queries. Hence, to help you resolve all confusion, here’s a collection of questions we often get from homeowners like you. If you scanned through it but still have a question, not a problem. Don’t hesitate to contact us; we are all too willing to answer all questions.
Q: Why should I sell to an investor rather than listing with a realtor?
A: Excellent question! Bear in mind that we are not agents; hence we don’t use the MLS. As real estate investors, we buy houses in Kentucky when they hit our criteria for purchasing. We intend to buy it and make a profit by reselling or keeping it as rentals.
Q: Do you offer reasonable prices for property investment?
A: The first thing that comes to mind while dealing with homeowners is a win-win solution. We want all parties involved to walk away smiling, and one way to achieve that is by offering reasonable prices. The truth is we often buy houses below market value. When a homeowner has a problem house, they aim to sell it off without any hassle, close quickly, and bid it farewell– it’s usually not about getting a windfall on the house. But we have a 15% cap on our profit for each transaction. Sometimes, we get lower than that. However, even though we intend to make a profit, we never undercut or take advantage of your situation. We have a formula that considers all necessary info to arrive at a juicy cash offer. Like we said, always a win-win.
Q: How do you figure out the price of your offer?
A: Take a thorough look at the table; chances are our cards are displayed for all to see! Simply put, we are an open book– sold out to transparency. As a result, our process is straightforward. We consider the current conditions, repairs, location of the house, and prices of comparable property sold in the same area in the last couple of weeks. All these bits of information are put together to form an attractive fair cash offer on your house.
Q: Do you take any commissions or fees?
A: We come highly recommended for many reasons– one is the zero commissions deal we offer. We buy houses Kentucky without any commissions or charges. When we make an offer on your property, that’s what you’d get. Sell Your House Fast Kentucky wouldn’t even bother you with closing costs.
Q: What Should I Do If My House Is In Bad Shape? Will You Purchase It?
A: While buying rundown houses, we can picture the potential despite the distressing condition. Consequently, we buy houses in any condition and give them some TLC. It doesn’t have to be in perfect shape. After the necessary repairs, it will be in excellent condition for the next family. No property can be too obnoxious– trust us; we’ve seen it all!
Q: What differentiates you from a real estate agent?
A: Realtors have one sole mission: to sell your property at the highest possible price through the MLS. But achieving this comes with its fair share of burdens. You must keep showings and inspections (your house must be in tip-top condition for this). You pay the realtors 3-6% commissions as service charges. At the very least, you’d have to wait about 3-6 months to sell the property, provided everything works out as planned. If a buyer isn’t impressed during the inspection, you may lose the opportunity and start the process from scratch.
Let’s just say we provide everything the traditional route can’t afford. We are the direct buyers– this is a game-changer for you. It means we can close quickly, avoid agents, ignore commissions, and pay cash! As icing on an already perfect cake, selling is guaranteed– no contingencies. Refreshing, eh?
Q: What happens when I submit my information?
A: There’s no obligation attached to submitting your information. When you send us your property info, we’ll evaluate the condition or give you a call to gather more details. Afterward, we’ll draft a fair cash offer. At this point, it’s up to you to decide whether you’d like to sell to us or not. We won’t harass you into making a decision; take your time. Besides, we’ll accept any decision you make!