FAQ, Frequently Asked Questions about Our Real Estate Sales Process.
Below is the FAQ or frequently asked questions about Buckeye Home Solutions and our real estate sales process.
Q. What areas do you buy houses in?
A. Currently, we deal within about a 50 mile radius of our office in Amherst, Ohio. So if you go onto Google Maps, and punch in our zip, 44001, you will see if we qualify to work with you.
Q. Are you a “We Buy Houses” franchise?
A. We are not currently a franchise. There is a good chance that if you are buying or selling a home, you would be dealing with one of the owners directly. If not, they will be reviewing the deal prior to closing.
Q. Who handles all of the paperwork?
A. We have standard paperwork that we have used for years, it is available for review by your attorney or accountant. We typically close all of our deals at a local title company with an attorney. This is very similar to how the process worked when you purchased your home.
Q. How does the all cash and close quickly plan work?
A. We have the ability to pay all cash, and close within 24 hours. What I mean by cash is not a brown paper bag full of greenbacks! It means that we are not getting financing, the home is still going to close through a traditional title company, and we bring a certified check to them and they distribute the funds just like a traditional closing. The problem is when someone needs to go to a bank, there is a good chance the deal may fall apart due to either condition of the home, or the credit rating of the borrower, we eliminate that by using cash.
Q. What if I owe more than my home is worth?
A. If you owe more than it is worth, you have a couple of options available to you. First off we can go to your lender and ask them to consider a short sale; this is very common in today’s market. We have the best short sale attorney in the state that facilitates the entire transaction. The second option is for you to offer us some short term owner financing. In this case, it gives the property time to catch back up with the value it was once at prior to closing it out.
Q. Why would I want to work with you instead of listing with a real estate agent?
A. This is a great question, a good real estate agent is always good to work with provided you have the time to sit on your home for the next 12-24 months while continuing to make payments and pay for all of the utilities and upkeep. This can cost you thousands of dollars, and usually the only way to eventually get it sold in this current market is to drop your sales price by thousands more. At the end of the day, you would not have been that much further ahead to wait it out for the long haul. We specialize in getting you instant debt relief, and putting cash in your pocket fast! This way you can move on to your next home and put the current one behind you.
Q. Why can’t I just rent my home out to get instant relief of the payment?
A. You absolutely can, but I must tell you, I have been a landlord for years, and it is a learned art form. There is an entire process you need to go through to set up the proper screening process, maintenance plan, and paperwork. It can be a good business model; you just need to know what you are doing.
Q. Who usually sells their house to Buckeye Home Solutions?
A. Great question. Actually, that’s one of the most frequently asked questions we get here at Buckeye Home Solutions, and the answer is simple. Homeowners from all walks of life sell houses, homes and properties to Buckeye Home Solutions for a number of reasons, including:
- Relocating to another city or state
- Facing foreclosure because of delinquent mortgage payments
- Needing to liquidate assets due to divorce, medical bills, or other cash need
- Wanting to sell a property inheritance quickly
- Not having the money or desire to make necessary home repairs
- Getting rid of problematic rental property
- And More
If you’re interested in selling your home, it’s important to know that the thing most of the people selling their houses to Buckeye Home Solutions have in common is the need to sell quickly to a reputable home buyer who can ensure a fast, hassle free closing and all cash sale.
A. If you’re interested in selling your home to Buckeye Home Solutions, the answer to this FAQ will put your mind at ease. Here’s the home buying process:
- Call us at 440.678.7001 or fill out our contact form to give us some simple information about your home.
- We’ll contact you within 24 hours to schedule a visit to your home.
- We will visit your home in person, explain the process of selling your home, answer all of your questions, and evaluate your home’s condition, before making a fair, no-obligation offer to purchase your home for cash. Accepting our cash offer is all up to you.
- If you accept the offer, we’ll set up a closing usually within seven days. We’ll pay cash for your house and you’ll get out of your house fast. That’s the entire process.
A. When selling your home, Buckeye Home Solutions will consider the condition of your home, and will make a fair offer to pay cash. In determining the offer, we will discount from the estimated retail value after it’s fully renovated. This means we will buy your home, but at a price that is below market value due to necessary repairs, renovation and other factors. We buy homes for cash, renovate them, and resell them for a profit or rent them out to qualified tenants.
However, you will enjoy the conveniences of an all cash closing when selling your home to Buckeye Home Solutions. You won’t have to deal with any mortgage approval hassles and you don’t have to make repairs to your home. Close as quickly as within seven days of receiving an offer for cash, and you’re out of your house.
A. We take a number of factors into consideration when determining a cash offer. After visiting your home and going over our frequently asked questions and any additional questions you may have, we will evaluate:
- The existing condition of your home
- The extent and cost of repairs needed to resell your home
- The time it will take to finish needed repairs
- The value of your home compared to other comparable homes in the area
- The real estate commission required to resell your home
- The costs associated with maintaining your home during repairs, including taxes, payments, insurance, utilities, homeowner dues, and more
A. No. You never have to pay anything for Buckeye Home Solutions to make an offer when you’re interested in selling your home for cash. We will schedule a visit at a time that’s convenient for you, answer your questions, evaluate your home, and make an all cash offer with no obligation, and at no cost to you.
A. No. You’re never obligated to sell to Buckeye Home Solutions when we submit an offer. You can choose to accept our cash offer, or you can choose not to. The decision is all up to you and the offer is with no obligation and no cost to you.
Don’t become a statistic
by letting your unwanted home go into foreclosure. You have options. We have been buying and selling literally hundreds of homes across Northeast Ohio! We have the ability to pay all cash and close in as little as 24 hours! Or we can offer debt relief and get you out of your monthly payment!