Frequently Asked Questions We Get From Home Sellers
If you’re like most people in the Pittsburgh, Pennsylvania, area, you’ve probably seen plenty of signs on the side of the road proclaiming: “We Buy Houses for Cash.” But do you actually know what that process involves? Here are the answers to a few questions we routinely receive from home sellers:
Is This Legitimate?
Yes, Fifth Avenue Property Group is a legitimate company. In fact, we closed on more than 200 homes in 2019 alone! And unlike some “We Buy Houses” companies, we take pride in actually closing on properties. We’re more than happy to provide you with proof of funds, ensuring you’ll get your money in a timely manner with no extra hoops to jump through for approval.
This is just one of the reasons why we maintain so many gleaming customer reviews on Google. Our reliability and overall commitment to doing business ethically also allows us to maintain an A+ rating with the Better Business Bureau, something you should look for in any property company.
What Kind of People Usually Sell Houses for Cash?
While most people assume that we just buy houses from people who need some quick cash, the truth is that our clients come to us from all sorts of situations. Sure, some of them need a speedy cash infusion, but there are plenty of others who:
- Inherited a property suddenly
- Obtained a property during a divorce
- Need to relocate to another city in the near future
- Recently lost their job and can’t afford mortgage payments
- Can no longer safely navigate a multi-story property
There are also plenty of people who turn to us because they simply don’t want to deal with the stressful process of selling their homes in the traditional way. Whatever your situation, our team is here to help.
What Kind of Homes Do You Buy?
We buy all sorts of homes! In addition to purchasing properties that might otherwise be listed with a realtor, we also buy houses that are:
- In pre-foreclosure
- Tax delinquent
- In probate
Sometimes these houses are in good condition; sometimes they’re in a state of disrepair. Whatever the case, you can count on Fifth Avenue Property Group to make a fair cash offer.
What Should I Expect During Your Process?
We understand that selling a house can be a stressful process, which is why we like to keep things as easy as possible for our clients. During an initial phone consultation, one of our property experts will give you an estimate based on your description of the location, condition, and features of your home. If you like our estimate, we’ll schedule a time to meet with you for a formal inspection and evaluation.
Don’t let the word “inspection” fool you—we’re not going to go through your house like a realtor, giving you a list of things that need to be fixed before we’ll even consider taking your house. Instead, we’ll use our findings to put together a fair offer that gets you out of your house with as little hassle as possible: no fixes, no staging, no worries. Once you’ve agreed to our offer, our team will schedule a closing date and take care of any additional paperwork.
Will You Put My Home on a Multiple Listing Service (MLS)?
We’re not realtors, so we’re not going to list your home on the MLS for you. This is a good thing! Homes on the MLS may take months to sell and are subject to appraisals, inspections, commissions, fees, and more. In contrast, we’ll provide you with an immediate cash offer that comes with no hidden fees or charges.
Do You Charge Commissions & Brokerage Fees?
We aren’t realtors, and we won’t charge you a commission or brokerage fee when we buy your house. You won’t even have to pay closing costs or transfer taxes—we pay your share so that you can get your cash faster.
Will I Get a Fair Price?
When making cash offers on houses, our team always takes the age, condition, and location of your property into account. Based on these factors, we’ll make you the best offer that allows you to walk away with your cash as quickly as possible. You don’t just have to take our word for it though—our customers regularly leave reviews that rave about our candid process and fair prices.
How Long Will It Take to Get My Money?
After we’ve finished with the initial inspection of your home and you’ve signed your offer, the countdown to your closing date starts. You’ll get your cash after we close, which usually happens in around two weeks. However, some properties that we’ve worked with have closed quicker and some have closed slower—it all depends on your situation.
What if There Are Possessions Inside My House?
If you don’t want to take them with you, then we’ll have your property cleaned out at our expense. We’ll donate useable items to charity, giving them a second life with someone else.