Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. Here is 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 anytime. We would be happy to answer it for you.
1: How does selling my property for cash work?
We make the process simple and hassle-free. Once you reach out to us, we’ll assess your property and provide you with a no obligation cash offer. If you accept, we’ll handle the paperwork and close at a time that works best for you—often in as little as 7-14 days.
2: What types of properties do you buy?
We purchase all kinds of properties, including single-family homes, duplexes, apartments, and vacant land. Whether your property is move-in ready, in need of repairs, or facing foreclosure, we’re interested in making you an offer.
3: What is the process for selling my house to you?
Our process is straightforward:
1- Close Deal: If you accept, we handle the paperwork and close at a reputable title company on your schedule.
2- Contact Us: Reach out via our website or phone.
3- Property Evaluation: We’ll assess your property and discuss your situation.
4- Receive Offer: Get a no-obligation cash offer.
4: Do I need to make any repairs before selling?
No, you don’t need to make any repairs. We buy properties as-is, meaning you can sell without spending time or money on fixing anything. We’ll handle any repairs after the purchase.
5: How quickly can I sell my property?
We can close on your property in as little as 7-14 days, depending on your timeline. If you need more time, we’re happy to work with you on a closing date that fits your schedule.
6: Will I be charged any fees or commissions?
No, we don’t charge any fees or commissions. The offer we provide is the amount you receive
7: How do you determine the cash offer?
We consider several factors, including the property’s condition, location, current market trends, and any necessary repairs. Our goal is to provide a fair and competitive offer that works for both parties.
8: What if I’m facing foreclosure or behind on payments?
We specialize in helping homeowners in difficult situations, including foreclosure. By selling your property to us, you can avoid foreclosure and potentially save your credit score. Contact us as soon as possible to explore your options.
9: Do you buy properties with tenants?
Yes, we can buy properties that are currently rented out or have tenants. We’ll work with you to ensure a smooth transition for everyone involved.
10: Am I obligated to accept your cash offer?
Not at all. Our offer is completely free and comes with no obligation. If it doesn’t meet your expectations, you’re free to decline.
11: How do I get started?
Getting started is easy! Simply fill out the contact form on our website or give us a call. We’ll gather some basic information about your property and schedule a time to discuss your cash offer.
12: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. Here at Resource Property Group, we are professional home buyers: We buy houses Hampton Roads that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
13: How are you different from a real estate agent?
Unlike real estate agents who list properties and wait for buyers, we purchase homes directly. This means you can sell your house quickly without paying agent commissions or dealing with the uncertainties of the traditional market.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
Selling w/ A Hampton Roads Agent | SOLD To Resource Property Group | |
---|---|---|
Commissions / Fees: | Up to 6%, paid by you, the seller | None |
Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
Number of Showings: | It Depends | 1 (Just Us) |
Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
14: Do you pay fair prices for properties?
Many of the houses we purchase are below market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees. 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 win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
15: How do you determine the price to offer on my house?
Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
16: Are there any fees or commissions to work with you?
This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.
17: Is there any obligation when I submit my information?
There is absolutely zero obligation for you. 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 us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We’ll let you decide what’s right for you.
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