Q: How can you buy my property with No Equity?
A: Once we make an offer on your property, we will work with your lender to accept a settlement on your account.We will also negotiate with your lender to forgive the difference and accept our offer as payment in full.
Q: Do I have to wait for a buyer to make an offer?
A: No, we are buyers. Once we make the offer and sign the purchase contracts, we will begin working with your lender to accept a settlement, so we can buy your property and avoid foreclose.
Q: What is a short sale?
A: A short sale is when you lender accepts less than you on the property and forgives the difference. We will negotiate, so you don’t have to pay back the difference and get it in writing for you.
Q: Why would I want to do a short sale?
A: For a couple reasons, one is your credit, a short sale can appear as a settled or paid in full account on your credit report. We will always negotiate for a paid in full when possible. Another important reason is new Freddie Mac and Fannie Mae guidelines prevent people with a foreclosure from getting a new mortgage loan for 5 years. If you fix your credit after a short sale, you can apply for a new loan to buy a new house in about two years.
Q: How long does a foreclosure stay on your credit?
A: Foreclosures stay on your credit report for 10 years. You will be labeled a high risk in any loan you apply for, a short sale will show you were willing to work with your lender and accept responsibility for your debt.
Q: Are you a real estate agent?
A: No, we buy real estate as an investment. We are not real estate agents. However, we may work with real estate agents from time to time depending on the property.
Q: What type of properties do you buy?
A: We invest in single family homes in any condition. We are a group of real estate investors and have access to the funds to purchase your property.
Q: Do you invest in luxury properties?
A: Yes, we invest in all types of houses including the high-end luxury properties. If you owe more than the current value, we can get your bank to take a settlement and buy your house.
Q: What if I’m behind on payments or in Foreclosure?
A: There are many programs that can help you. Please call for a private and confidential consultation and we can help you. We have a dedicated team to help guide you through the process.
Q: How long will it take after I fill out the Seller Request Form before you contact me?
A: We will review the information as soon as we receive it and call you back no later then the next working day! or Call us 1-877-USELL-IT.
Q: Will you pay market price or retail value?
A: We will offer a fair price for your property. This will all depend on the condition of the property and market conditions. We also take timing and other factors into account.
Q: Do you take over payments?
A: Yes, we take over home payments, but we only work on these deals on a case by case basis.
Q: What method do you use to purchase the properties?
A: We use our own funds, investor funds, and creative financing to purchase properties. We want to create win-win for both the seller and the investor.
Q: Is there any obligation?
Absolutely not, we want to help you find a solution that works for you and help you move on without the stress and worry free.