Do you have home selling questions?

Before you make a big financial decision, make it your due diligence to get your home selling questions answered.

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Frequently Asked Home Selling Questions

Selling a house as-is means selling the house in the exact same condition as it is presently, without having to worry about doing any home repairs, clean up or pay off any financing or liens. Fast Home Buyers handles all home repairs, home inspections, house closing costs, house clean ups and debts.

Yes, the cash offer does reflect the house as-is condition, taking the costs of repair and renovation into consideration as well as factoring in the benefit of being able to close in one week. Often, a house as-is will not qualify for a traditional loan which makes a cash offer the best option. This still saves you the headache and money associated with selling your home through a real estate agency or by yourself, especially if you need to make repairs so it can qualify for a loan from a new buyer.

An all-cash offer for a house means you get an “all-cash” buyout. All debt you once owed is paid off and you receive the full cash amount we agreed to in our signed contract. Because we are cash home buyers, we don’t rely on traditional home financing and the strict guidelines imposed by lenders. When you sell us your home, there’s no risk of any house closing delays or of any financing falling through. 

After you send us your home address, and some property details, we can quickly schedule a time to walk-through your house at your convenience. Then we are able to make you a free, no-obligation, fair cash offer in as little as 24 hours. If you agree to our offer, we can close the all cash transaction in as little as 7 days. A traditional real estate transaction takes a minimum of 30 days to close, which does not include the time to negotiate the listing with an agent and the time your house was on the market for buyers to view.

If you sell to us, your real estate closing costs will be $0. We pay for title, escrow, and taxes. In a traditional real estate transaction, most home sellers would pay 2-4% of the home sale price in closing costs and negotiate how to split that with the buyer, if possible.

If you don’t need a fast closing, at Fast Home Buyers, we work within your time frame to get you “all-cash” in your hands when you want it. Many home sellers don’t need a fast closing for any personal or business reasons. We can schedule the closing on the day that works best for you within 30 days!

At Fast Home Buyers, we are not in the practice of making lowball offers. We consider everything and offer a fair price that works best for both of us. To get you a fair price on your home, just fill out the Contact Us form so we can determine your home’s worth. Once an appointment is set up and we can see the house, we will make a no-obligation cash offer. We pride ourselves on our straightforward and transparent process and are very candid with our clients’ questions about the selling process.

To determine the house offer price, we first assess the house’s specs, layout and location. Second, we consider its current condition and if there is a financial situation involved. Third, we determine what repairs will be needed, factor in the time to rehab the property, and the value of comparable properties recently sold in the area. Lastly, we include the value of our ability to cut through any red tape and provide a fast all-cash offer. Changing market conditions are also factors to take into consideration to get you a fair price for your home.

Yes, the direct home buying process is a legitimate business. The real estate industry is changing rapidly. Home sellers are more than eager to sell their properties with the least amount of headaches, paperwork, and costs of home improvements. Fast Home Buyers guarantees a simple, hassle-free home selling transaction. We work with reputable inspectors and escrow companies to ensure legal compliance and transaction transparency.

A real estate agent lists properties on the market and hopes to find a buyer. The average time it takes to sell a home with an agent is 3-6 months. While this is a long time, the agent doesn’t make less money if the sale takes time; the agent gets paid for a sale. And that commission fee is usually 6% of the sale price paid for by you, the seller. Real Estate Agents do provide great service and should be compensated for their market knowledge and hard work, however some sellers simply can’t wait that long to sell or risk a failed closing.  At Fast Home Buyers, we are the ones actually buying your house directly from you so we can control the timeline and the fees. We pride ourselves in our professionalism and decades of real estate experience, which we rely on when we conduct each transaction. We want you to walk-away with cash in hand knowing that you received a fair value for your home and had a positive experience. 

House Buying Terms That Are Helpful

all-cash offer

An all-cash offer means you literally receive “all cash” for selling your home direct! We are self-funded professional home buyers who can purchase your home for cash. We do not work with financial institutions when making you an all-cash offer so there is no-risk to the offer. This means no delays and no sale falling through due to appraisal or lending requirements.

as-is

Selling as-is house means, as the seller, you do not need to do any house repairs, or get the house ready for home inspections or open houses. Fast Home Buyers handles all of these aspects after we purchase your home. House specs, location, and conditions are factored into our offer but this only saves you money in the long run and saves you any headaches and personal time.

fast closing

A fast closing means we offer you a cash offer in as little as 24 hours and sign the house title in as little as 7 days. We only use reputable escrow companies for compliance and transparency. Do you need more time than 7 days closing? No problem, we can schedule closing up to 30 days.

lowball offers

Lowball offers mean an undervalued home offer without proper assessments from a home buyer. Fast Home Buyers provide home sellers fair value for their home after improvements and upgrades have been assessed.

non-qualifying home conditions

Non-qualifying home conditions refer to items that must be addressed to meet lender requirements before a home can be sold to a buyer with a loan. A house must have a heat source and stove for FHA loans. Some non-qualifying home conditions include roof or structural failure, water or fire damage, or if the dwelling is uninhabitable due to excessive hoarding or animal damage. If any of these conditions exist, a house will not qualify for a bank loan. These house problems must be fixed and inspected before a bank will consider a loan.

Escrow Company

An escrow company is an impartial and neutral third-party that ensures property sale transactions are in legal compliance. Escrow protects the interests of the buyer and seller. They prepare the escrow instructions, request required documents to meet the conditions of the sale, transfer and disburse funds, ensure loan payoffs, and prepare final closing statements. 

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