Frequently Asked Questions
We purchase various types of properties including single-family homes, multi-family units, condos, townhouses, and even some commercial properties. Our goal is to offer flexible solutions to homeowners, regardless of the type of property they own. Whether your home is large, small, new, old, in pristine condition, or needs significant repair, we are interested in making you an offer.
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 247 Home Solutions, LLC, we are professional home buyers: We buy houses Sacramento 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 Sacramento Agent | SOLD To 247 Home Solutions, 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.
JUST A QUICK RECAP…
- What is the process of selling my property to 247 Home Solutions, LLC?
- The sale process typically begins with an initial consultation where we evaluate your property. If interested, we will make an offer. If you accept, you’ll move forward with paperwork and close the deal, often much quicker than traditional real estate sales.
- How quickly can you close on my property?
- We can often close very quickly, sometimes within a week, because they usually pay in cash and don’t require traditional financing.
- Do I need to make any repairs or improvements before selling?
- We buy properties “as-is,” meaning you don’t need to make any repairs or improvements before selling.
- How do you determine the offer price for my property?
- The offer price is determined based on the property’s current market value, condition, and potential after renovation. Investors often conduct a market analysis and consider repair costs.
- Are there any fees or commissions involved in the sale?
- NO.
- What happens if my property is in foreclosure or has liens against it?
- We can often still purchase properties in foreclosure or with liens, sometimes resolving these issues as part of the transaction process.
- Can I sell my property if I have tenants currently living in it?
- Yes, you can sell a property with tenants. Connected Investors may take over the lease or negotiate a termination with the tenants, depending on the situation.
- What kind of paperwork and legal processes are involved in selling to an investor?
- The necessary paperwork typically includes a purchase agreement and closing documents. We usually handles most of the legal processes, but sellers can consult their attorneys for peace of mind.
- How is the payment processed, and when will I receive the funds?
- Payment is typically processed through a certified check or wire transfer at closing. Sellers usually receive funds on the closing date.
- Can I back out of the sale if I change my mind?
- This depends on the terms we agree to together. Some agreements may allow a grace period for backing out, while others may impose penalties for cancellation.
Don’t let your house just sit there hoping to sell someday or “one day” Step one will start “Day One” then you can leave it to us to get it done!…
We buy houses in any location and in any condition. The appeal of our service is that we see potential in properties that others might overlook. Whether your house is in a less-than-ideal neighborhood, requires extensive repairs, or has other issues, we are interested in buying it. Our mission is to help homeowners sell their properties conveniently and without the typical market constraints.
In conclusion, 247 Home Solutions, LLC is committed to providing straightforward, fair, and efficient real estate solutions to homeowners in Sacramento, CA. Our as-is, all-cash buying approach, coupled with our ability to close quickly or on your schedule, offers a stress-free alternative to traditional property selling methods. Our transparent and fair offer process, along with our readiness to purchase homes in any condition and location, makes us a reliable partner for your real estate selling needs.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
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Get your FREE Guide and then give us a call at (916)800-4624. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.