From our vast experience and combined knowledge we have been asked a ton of questions.So we compiled a list of the most asked and common questions below.To accommodate all our clients we like to clear all concerns or make sense of any misinformation from other places you might have heard. If you have a question that is not listed please feel free to give us a call or send an email.
-Bought a home, but are having a difficult time to selling their current residence
-Have experienced a death in their family
-Need to settle an estate issue
-No longer want to be a landlord
-Have hired a real estate agent to sell their home, but they have been unsuccessful in selling home
-Are going through a divorce
-No longer have a job
-Own vacant house that requires extensive repairs
-Who are moving to new city or state for work
-Having title or liens issues
-Want to close quickly and sell their home to a reputable company for cash
We buy houses, condos, townhouses, single family houses in Washington DC, Maryland, and Virginia.
You contact us, we inspect your home, make an offer, and if you accept, we’ll take your home off the market in eight days or a settlement date you choose, and in some instances, we offer up to a $2500 cash advancement.
We’ll send our representative to your house to evaluate the following things to make an offer on your house:
- Current condition of your home
- Extent and cost of repairs required to resell your home
- Time it will take to complete all the necessary repairs
- Market value of your home compared to other homes in the area
- Costs associated with maintenance, taxes, payments, utilities, insurance, homeowner dues, etc.
We don’t care about the amount of repairs your home needs because we’ll buy your home “as is.” You can sell your home to us even if it needs to be torn down!
We consider the condition your home is in and will give you a fair offer based on that. We’ll buy your home, we’ll close the deal, you’ll be happy.
You will still benefit from this, as you’ll have an offer in hand and many times with NO CONTINGENCIES. You will not have to deal with financing issues, you will not have to pay the usual closing costs, and lastly, you will not have to make repairs to the house. In eight days, we will buy your home!
Yes and yes! We buy homes scheduled for demolition and foreclosure. By selling your home to us, you’ll be able to pay the late payments and halt the foreclosure process, but call now, as the more you delay, the less time you have to correct the situation.
When a home is in pre-foreclosure, we speed up the process by working fast to ensure it doesn’t result in a foreclosure. We offer you a fair offer to repay your mortgage before the foreclosure deadline.
If you reside in DC, Maryland, or Virginia and the foreclosure date is within a certain timeline then a foreclosure consultant, who by law, will tell you the options available to you to sell your home. Fast Homebuyers doesn’t give legal advice and will strongly advise you to seek legal counsel should you need questions answered pertaining to foreclosure laws in the aforementioned jurisdictions.
We sure do! We schedule to meet with your bankruptcy attorney to discuss a fair offer on your home as well as offer you extra money at closing.
We present the cash offer to your attorney and ensure the bankruptcy court accepts the offer. Once the offer is accepted, we buy your home immediately after bankruptcy is released.
Of course, we do! If you need to move out of the house quickly and don’t want to waste time finding a buyer by putting it on the real estate market, you can sell to us.
No, we don’t! We pay you to sell your home to us, not the other way around.
Of course, you don’t! You’re in the driving seat, which means you are under no obligation to accept the cash offer. If you DO accept the offer and it becomes a contract, we will expect you to fulfill your obligations as you would expect for us to fulfill ours.
That is up to you decide, but if you ask us, we would prefer if you complete the online form first, as they would be more convenient for you. Once you’ve submitted the form, we’ll review the information, perform research on your house, and contact you to discuss the details. If you prefer to speak to someone live, this option is available too. Call TODAY!
When you contact us for the first time, we’ll require you to give us just the basic information about your house. For instance, tell us the number of bathrooms, bedrooms, and the general condition of your home. Additionally, we would like to know how long you have lived there and if there are any pending liens or mortgages against the house. Knowing your payoff is great too, this will tell us what type of transaction it will be. It may be a traditional sale or it could be a short sale. Short sales are houses that don’t have any equity.
Absolutely, they are called short sales. If you don’t have any equity in your home, YES, we will buy it.
Once we buy your home, you don’t have to worry about paying your mortgage, as its fully paid. The law states that the title company in charge of the closing needs to pay off the mortgage and liens of a home before they distribute the remainder of the sellers’ money.
Closing date or settlement date is the day we both go to the title company together to sign the closing documents and resolve any remaining requirements of the purchase agreement. You receive the cash on the closing date or shortly thereafter, depending on the time of the closing.
Deed of trust is a document in the county land records and refers to your mortgage. It informs you how much mortgage you still have to pay.
Title is listing of the history of debts, owners, and other details associated to your house. To produce the title, you need to conduct research the documents kept at the land records of your county.
If you don’t find the answer to your question here, contact us today!