What does it mean when a property is distressed?
There are 2 common types of distress when it comes to real estate: Physical and Financial.
Examples of a physically distressed property: A vacant property being boarded up, a roof needing to be replaced or undergo major repair, bedrooms or bathrooms needing to be remodeled, etc.
Examples of a financially distressed property: A homeowner being in pre-foreclosure, having unpaid taxes that are delinquent, needing to have repairs done that are too costly, etc.
What closing costs do you have to pay when selling a house to our company?
Our company pays for all escrow fees. The only items you pay are your mortgage balance at the time of closing and any property taxes that need to be paid.*
*This only applies to homes we purchase “off market”.
“I want to sell my property to your company; what is the process?”
If you are interested in selling your property to our company, we ask that you fill out our contact form under our “Contact” page.
Once we receive that information, we will schedule a phone call with you to learn more about your situation and figure out if we would be a good fit for each other.
If necessary, the next step would be for one of our team members to come visit the property in order to take photos and get more information in order to form an offer.
Once we have everything we need, we will form an offer to present to you and will show you exactly how we came to that number we are offering you,
If we come to an agreement, we will decide on a timeline with you and take it from there.