Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s 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 (or give us a call) and we’ll be happy to answer it for you.
Q: Will you be buying my home for CASH?
A: Just like our name states, we’re Cash Home Buyer Florida and we’re professional home buyers. We buy houses for cash that meet our criteria, and repair and or resell those homes to future home owners or investors for a profit. Sometimes we may keep the house as a rental for our own portfolio.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value due to the repairs or updating needed. We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, close very quickly (no waiting for lengthy bank approvals), and there’s no time, effort, or expense required on your part to repair the property. 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 fair win-win price. Cash Home Buyer Florida’s no-obligation pricing commitment means that you do not have to move forward with the offer we give you.
Q: How do you determine the price you offer on my home?
A: We look at the location of the property, the current condition, repairs needed, values of comparable houses sold recently in your immediate area, and rental comparables. We take many pieces of information into consideration in order to come up with a fair price that works for us and works for you too.
Q: Do we pay any fees, commissions, or closing costs to work with you?
A: This is what makes us different from the traditional method of selling your house. There are no fees or agent commissions when you sell your house to Cash Home Buyer Florida. We’ll make you an offer, and if it’s a fit then we’ll buy your house AND pay your customary and typical seller closing costs too (for an explanation of what’s covered please see disclosure at the bottom of this page). No hassle. No fees. We make our money after we pay for repairs on the house and sell it for a profit. Remember, we’re taking all of the risk here based on whether we can fix and sell your house for a profit once we buy the house from you. The responsibility is ours and you walk away without the burden of the property and mortgage payments and oftentimes with cash in your hand.
Q: What if I’m facing a short sale, foreclosure, or I’ve inherited a property that’s in probate?
A: Depending on your current situation, if you’re upside down in your property and need a short sale we can assist you with that process. The same thing goes for foreclosure or inherited property.
Q: Do you buy other types of real estate?
A: Yes, we also buy land, multi family properties, rentals, and commercial properties.
Q: How are you different from real estate agents?
A: Real estate agents list properties on the MLS and hope that someone will buy them. The agent shows the properties to prospective buyers (if there are any) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 – 6% of the sale price of your house (so if it’s a $200,000 house, you’ll pay between $6,000 – $12,000 in commissions to an agent). Agents provide a great service for those that can wait 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: Cash Home Buyer Florida actually buys houses! Since we’re actually the ones buying the house from you, and we pay with all cash… we can decide to buy your house within a day or two (sometimes 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 info?
A: There is absolutely zero obligation. 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 Cash Home Buyer Florida. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle or harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Q: What if I want you to list my property?
A: If we cannot mutually agree upon a sale price for your home, or if you’re just not interested in a cash offer, then fortunately you have the option of having us list the property for you as we are licensed real estate professionals.
Q: When is the closing?
A: The inspection period is completed first to determine if your home meets our buying criteria. During this time the title company has ordered the title and lien search. If everything checks out, the closing will occur shortly thereafter.
Q: What property info do you need?
- Have you already listed the property with a realtor?
- Have you signed a purchase & sale agreement previously with anyone?
- How many complete beds and baths are there?
- Are there remaining mortgage balances on the property?
- Are there any liens or violations on the property that you know of?
- Are there any open permits?
- Are there any major mechanical or structural issues with the home?
- How old is the roof?