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Distressed Properties
What is a Distressed Property?
Distressed properties are properties that are in real bad shape or may be on demo list or homes that are not livable, such as old homes that need repairs.
How we can help
We Buy Houses Cash and As-Is and we hold all submissions with the utmost confidentiality. We promise to be courteous and make a fair offer for both parties. Upon visiting your home for a preview. After viewing your property we will make you a Cash Offer within 24 hours. We can Close Escrow in as Fast as 7 days or on the Date of Your Choice. You pay No Realtor Fees or Commissions! You will not be asked to make any repairs! We even can close with the Tenant in place in some cases!
How we determine the cost of your home
We will buy your house at a price that works to get it in top condition for sale. We take into consideration such factors as the condition, cost to renovate, location, transaction costs in order to sell your house on the open market as well as cost of insurance, taxes, utilities, and maintenance until it sells.
How Does the Process Work
We will contact you first via telephone to discuss the property, at that time we will make an appointment with you to view your home. If it is not convenient to go inside we can evaluate the exterior only. Next, if your property meets our criteria you will receive an offer to purchase. If our offer is acceptable to you, then we open escrow. Once we get clear title the deal will close and you will get a wire transfer directly to your bank account.
Short-Sale Property
What is a Short-Sale Property
Short sale properties are those whose owners are often in financial distress, can’t afford the mortgage payments and lack the assets to pay off the loan, and are willing to sell the property for a discount—less than the amount due on a mortgage. This also means that these properties usually have work to be done.
How to determine if a property is right for short-sale
A home goes into short sale when the homeowner realizes that they can no longer afford to keep up with their mortgage payments. Instead of waiting for the bank to foreclose on the home, the homeowner can initiate the short sale process by submitting an application to the lender. During a short sale, a home is normally sold for less than the value of the home.
Turnkey (Rent-Ready) Properties
What is Turnkey Property
A turnkey property is a move-in ready home that doesn't require any major repairs or improvements before it is livable. Turnkey homes are renovated before they’re put up for sale.
How we determine the cost of your home
We will buy your house at a price that works to get it in top condition for sale. We take into consideration such factors as the condition, cost to renovate, location, transaction costs in order to sell your house on the open market as well as cost of insurance, taxes, utilities, and maintenance until it sells.
How Does the Process Work
We will contact you first via telephone to discuss the property, at that time we will make an appointment with you to view your home. If it is not convenient to go inside we can evaluate the exterior only. Next, if your property meets our criteria you will receive an offer to purchase. If our offer is acceptable to you, then we open escrow. Once we get clear title the deal will close and you will get a wire transfer directly to your bank account.