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.
Q: 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 Best Homes & Properties, LLC, we are professional home buyers: We buy houses Huntsville 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.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
Selling w/ A Huntsville Agent | SOLD To Best Homes & Properties, LLC | |
---|---|---|
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. |
Q: Do you pay fair prices for properties?
A: 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.
Q: How do you determine the price to offer on my house?
A: 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.
Q: Are there any fees or commissions to work with you?
A: 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.
Q: Is there any obligation when I submit my information?
A: 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.
Q: How does Best Homes & Properties, LLC help distressed homeowners?
A: We help distressed, burned-out homeowners by providing an absolute closing date to buy their home, giving them peace of mind and the necessary cash to move forward with their next chapter.
Q: What options do you offer for selling my house?
A: We offer multiple solutions tailored to your needs:
- We buy your house or property for cash for any reason!
- We can set up a lease-to-own program through a lease option agreement.
- We offer a way to bring your loan current and take over the existing mortgage payments.
Q: Can I sell my house even if I’m behind on payments or facing foreclosure?
A: Yes! Our services are designed to help homeowners in tough situations, including those behind on payments or facing foreclosure, by providing flexible options to relieve your burden quickly.
Q: Is there any obligation when I submit my information?
A: 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.
Q: How quickly can I get cash for my property?
A: Once we agree on terms, we work to close on your property by a specific date, often within days or weeks, giving you fast access to the cash you need.
Q: Do I need to make any repairs or clean the house before selling?
A: No. We buy houses as-is, so you don’t have to worry about costly repairs, cleaning, or staging your home.
Q: How does the lease-to-own program work?
A: With our lease option, you lease the property with the option to purchase it later, giving you flexibility and time to arrange financing while securing your home now.
Q: What does it mean to bring my loan current and have you take over payments?
A: If you’re behind on mortgage payments, we can work with your lender to bring your loan current and then take over the mortgage payments, easing your financial stress while protecting your credit.
Q: Is this process confidential?
A: Absolutely. We understand the sensitive nature of your situation and handle all communications and transactions with the utmost privacy and respect.
Q: How do I know this isn’t a scam?
A: We understand your concerns. Best Homes & Properties, LLC is a local, reputable company based in Huntsville, AL. Our mission is to help people in difficult situations with honesty and transparency. We’ll walk you through every step.
Q: How can I get started or learn more about your services?
A: Simply reach out to us via phone or email to schedule a free consultation. We’ll discuss your situation and the best options available for you.
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Once you’ve read the guide, give us a call at (256) 277-9888. We’d love to talk with you about your property, what it’s worth, and how our Cash Offer Program could be the perfect fit for your needs.