The questions owners ask us most.
If yours isn't here, call (203) 233-5703. There are no bad questions about selling a house, especially to a company you just found online.
Is this legitimate?
How do I know you're a real company?
Our office is at 415 Barnes Rd, Wallingford, CT 06492, and you can reach a person at (203) 233-5703.
More importantly, you never have to take our word for anything. The sale closes through a licensed real estate attorney, our deposit sits in their escrow account, and you can have your own attorney review the contract before you sign.
Will you ever ask me for money?
No. We never charge a seller an application fee, an inspection fee or any other upfront cost. If someone claiming to be us asks you for money, don't pay, and call our office.
Do you buy the house yourselves?
Usually, yes. In some cases we sign a contract to buy your house and then assign that contract to a partner buyer, often another local investor or builder, who closes on the same terms. Your price, your closing date and your protections in the contract don't change.
We'll tell you in writing, before you sign, whether we plan to close ourselves or may assign the contract.
Why did I get a letter from you?
Property ownership records are public, and some owners would rather sell quietly than list. If you got a letter from us and aren't interested, call or email and we'll take your address off our mailing list.
Price and costs
How fast can you close?
As soon as 14 days after you sign, when the title is clear. Most of our closings land between two and five weeks. If you need more time, to find your next place or wait out probate, we'll set the date months out. The date is yours.
How do you decide what to offer?
We estimate what the house would sell for after it's repaired, using recent sales on nearby streets. We subtract the repairs, our costs to buy, hold and resell, and a margin for the business. We show you each of those numbers in writing.
That means our offer is usually lower than a full retail listing price. What you get in exchange is no commission, no repairs, no showings, no financing risk and the date you want.
Will I pay any fees or commissions?
No commission. We pay our own closing costs. Your mortgage balance, any liens and prorated property taxes come out of the sale proceeds, as in any sale. See the breakdown of costs.
Am I committed to anything if I ask for an offer?
No. An offer is just an offer. You're only committed once you sign a purchase agreement, and even then the agreement will spell out your rights.
The house
What condition does my house need to be in?
Any condition. We buy houses with old roofs, fire and water damage, mold, foundation problems, termite damage and hoarding. Don't fix anything before you call us. Repairs rarely add as much to our offer as they cost you.
Do I have to clean it out?
No. Take what you want and leave the rest. We handle the clean-out after closing, at our cost.
What about open permits, code violations or unpermitted work?
We buy houses with all three. The closing attorney will find any recorded blight or code liens, and we'll often work with the town to resolve them before closing. Open permits and unpermitted additions become our problem after the sale.
Your situation
I inherited the house. Can I sell before probate is finished?
Often you can sign an agreement now and close once the probate court confirms the executor or administrator can sell. Depending on the will, the court may need to approve the sale. We work alongside your probate attorney and wait for the court. If you don't have an attorney yet, we can suggest a few to talk to, with no referral arrangement.
There are tenants in the house. Do they have to leave first?
No. We regularly buy with tenants in place, including tenants who aren't paying. We take over the lease at closing and deal with the tenants from then on.
I'm behind on my mortgage. Can you help?
If there's enough equity, selling before a foreclosure sale can pay off the loan and leave money for you. We'll look at the numbers with you honestly. We don't charge fees and we're not a foreclosure consultant. Before you decide, it's worth talking to a real estate attorney or a free HUD-approved housing counselor about all your options.
Can I stay in the house for a while after closing?
Usually, yes. We can agree in the contract for you to stay for a set time after closing, often 7 to 30 days, so you can move once, not twice.
Calls and texts
How will you contact me, and how do I stop it?
If you give us permission on our form, we'll call and text you about your property inquiry. Reply STOP to any text to opt out, or HELP for help. We never sell your phone number or share it for anyone else's marketing. Read the SMS and communications policy.