Frequently
Asked
Questions
How is the Value of My House Determined?
The value of your home is based on the market, location, and details about the property, including bedroom and bathroom count, lot size, roof condition, HVAC, water heater, and more. A member of the HouseMax acquisition team will call you to briefly discuss 15-20 questions regarding the home and schedule a property walkthrough.
Can I sell an Inherited House?
Yes, you can sell an inherited house. As the legal heir, you have the right to sell the property, either on your own or with the agreement of other heirs, if any. It's advisable to consult with a real estate professional or attorney to navigate any legal or tax implications.
What is a cash offer?
A cash offer is when a buyer offers to purchase a property using funds they already have on hand, rather than relying on mortgage financing. Cash offers typically result in quicker transactions and may sometimes be more appealing to sellers due to their simplicity and certainty of closure.
Do you buy rental properties?
Yes, we buy rental properties. Whether you're looking to sell a single rental property or an entire portfolio, we're interested in purchasing properties in various conditions and locations. Feel free to reach out to discuss your specific situation and receive a fair offer.
Can I sell a house with a lein or that I still owe on?
Do I have to move out before closing?
Yes, you can sell a house with a lien or that you still owe on. However, the sale proceeds must be sufficient to cover the outstanding balance of the lien or loan. In some cases, the sale proceeds may need to be used to satisfy the lien or loan before you receive any remaining funds. It's important to consult with a real estate professional or attorney to understand your options and obligations when selling a property with a lien or outstanding debt.
Whether you need to move out before closing depends on your specific situation and the terms of your contract. In many cases, sellers are required to move out before closing to allow the buyer to take possession of the property. However, some arrangements may allow sellers to remain in the property for a short period after closing, known as a "rent-back" agreement.
How do I get paid?
You typically get paid through the proceeds of the sale at closing. After deducting any outstanding mortgage balances, liens, closing costs, and agent commissions, the remaining funds are disbursed to you. Depending on your preferences and the terms of the sale contract, you may receive payment via a wire transfer, cashier's check, or direct deposit.
Do I have to use a real estate agent?
No, you're not required to use a real estate agent to sell your home.
Do I need to do repairs?
As an as-is property buyer, we specialize in purchasing homes in their current condition. You're not required to do any repairs before selling to us. We'll assess the property's condition and make you a fair offer based on its current state. This saves you time, money, and the hassle of dealing with repairs, allowing for a quick and convenient sale process.
Do you have to do a physical walk through?
As an as-is property buyer, we typically conduct a physical walkthrough to assess the property's condition accurately. This helps us make a fair offer based on its current state. However, depending on the circumstances, we may be able to make an offer based on photos, videos, or other documentation provided by the seller. Our goal is to streamline the process and make it as convenient as possible for you.
Why should I sell my house to you?
Selling your house to us offers several advantages. Firstly, we specialize in purchasing properties as-is, meaning you don't need to worry about repairs or renovations. Secondly,
we offer a streamlined and hassle-free process, saving you time and effort. Additionally, we provide competitive offers and can often close quickly, allowing you to move on with your life without delay. Lastly, we prioritize transparency and fairness, ensuring you receive a fair price for your property. Choosing to sell your house to us means peace of mind and convenience throughout the entire transaction.
Who pays closing costs?
As an as-is property buyer, we typically cover the closing costs associated with the purchase of your home. This includes expenses such as title insurance, recording fees, and transfer taxes. Our goal is to make the selling process as smooth and convenient for you as possible, and covering the closing costs is part of that commitment.