Maybe you have a few questions. That’s okay; most people do! So here’s a quick collection of some commonly asked questions about real estate investing, along with our expert answers. If you still have a question, don’t hesitate to reach out to us or give us a call/text at (256) 824-9181 and we’ll be happy to provide you with the information you need.
Q: Will you be listing my house on the MLS or actually buying it?
Q: Do you pay fair prices for properties?
Q: How do you determine the price to offer for my house?
Q: Are there any fees or commissions to work with you?
Q: How are you different from a real estate agent?
Q: Is there any obligation when I submit my information?
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. We are professional home buyers: We Buy Houses in Huntsville and other parts of Alabama that meet our purchasing criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.
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 at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, close very quickly (no waiting for financing), and no 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 fair win-win price. Besides, our no-obligation pricing commitment means that you do not 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 cash home buyer like North Alabama House Buyer vs. traditionally with an real estate agent.
Q: How do you determine the price to offer for 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. Using this information, we come up with a fair price that works for us and works for you, too.
Q: Are there any fees or commissions I have to pay 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 to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (we pay for the closing costs too!) No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risk 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 it’s payments and with cash in your hand)
Q: How are you different from a real estate agent?
A: Great question! 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 3-6 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 3-6 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 actually buys houses directly from you. We don’t list houses. Since we’re the ones buying the house from you, and we pay with cash… we can make a decision to buy your house within a couple days (sometimes 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.
Q: Is there any obligation when I submit my information?
A: There is absolutely no obligation when you submit your information to us. We understand that selling your property is a big decision and we respect that. Once you provide us with some details about your property, we will carefully evaluate it and reach out to you for further discussion within 24 hours. We will then present you with an all-cash offer that is fair for both parties. Ultimately, the decision to sell your house to us is entirely up to you. We value your autonomy and will not pressure or bother you. We believe in doing what’s right for you!
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