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FAQ
Frequently Asked Questions
A real estate investor is an individual or entity that engages in the purchase, ownership, management, rental, or sale of real estate properties as a means of generating profit. Real estate investing is a diverse and dynamic field that offers various opportunities for individuals with different financial goals and risk tolerance levels. Here is a brief description of a real estate investor and their role:
Are you facing a Foreclosure? Yes, our investors are fully ready able and willing to buy your property! We often can stop the foreclosure process within a few days of auction.
Our Members are experts in determining a price they can pay for your property. They are familiar with your neighborhood and will make a win-win offer for your property. Generally, our members buy houses for about 80% or less of market value of the property. The figures fluctuate, depending on the condition of the property and its local market conditions. Most members buy for resale.
Because of the recent popularity of TV shows showcasing property turnovers one could say that. Usually, our members are not “owner users” and they will never live in the property. The majority have been “flipping” houses longer than the TV trend has been around. They are well-funded and professional when it comes to real estate transactions.
No, we are not realtors and We Buy Homes does not collect any real estate commissions.
Closing dates will be determined by the agreement reached between you and our member. In some instances our sellers have closed in less than a week!
You are under no obligation to accept the price they offer.
Our members primarily acquire properties “as is” for all cash. They are experienced when it comes to home remodeling and repair. They purchase homes in need of repair, remodel them to correct the problems and put them back on the market – giving you the freedom to sell your property fast without repair headaches.
You simply call IBuyHomes (or fill out the form on our home page). You will be connected to the member working in your local area. They will ask you questions about your property – the size, number of bedrooms and condition etc. Based on the current market conditions and repair estimates they will then make an offer to purchase your property. If the offer is acceptable to you, they will purchase your property and handle everything from there. They will pay all of the normal title and closing costs. It is very fast and easy. We close usually in 14 to 20 days.