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What We Do: We serve as an alternative solution to the cumbersome and often inefficient process of selling your home.
| OPTION ONE: Sell quickly through our “quick-close” program . This is a good option IF: |
a. You need cash quickly. The program is simple. We do an inspection of the house, do research on market values and make an offer. Once we agree on a price, we can close within 72 hours and get you the cash you need.
b. You can’t stand the thought of making another mortgage payment AND you need to bring the mortgage current to stop the foreclosure. (if you're behind)
With our quick close program, not only do you not have to pay another penny on your mortgage again, but we’ll bring the cash to the table to reinstate the mortgage, pay the attorneys, pay the late fees and get your credit back on track.
c. Your house needs repairs in order to sell. We’ll buy your house “As Is” meaning we’re not going to make you pay for anything, we’re not going to complain about anything that’s wrong with it. Call us to get started: (203) 791-0721.
| OPTION TWO: Sell quickly through our “partnership” program. This is a good option IF: |
a. You need cash quickly
b. Your property needs repairs
c. You need some time to stay in your house
d. You want to maximize the value of the property to get the most out of your equity.
Here’s the way this program works. We bring the cash to the table to bring your mortgage current (if behind). We then advance you any cash you need for other bills or moving expenses.
You can stay as long as we negotiate (some people have stayed six months because they had kids in school) and once you’ve moved out, we make all the repairs to the house to bring it up to full market value. We put it on the market and resell and once it’s resold, do a profit split.
The profit split is totally dependent on the equity, how much work the property needs, what we negotiate, etc. Sometimes it’s 50/50, sometimes it’s 70% to you, 30% to us, sometimes it’s 70% to us, 30% to you.
We've found that because of the work we do to the house which raises the value, because there’s not the time pressure of having to jump at the first low offer and because of our knowledge of the market and how to sell houses, our profit is usually more than offset by the raise in sales price.
That means that you can get the cash you need, the time you need, the peace of mind you need and not have it cost you a penny.
Call us to get started: (203) 791-0721 |
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We've been in this business for over ten years now, and the real lessons have come from mistakes we've made that have cost us money. There's nothing like a mistake that hits your pocket to teach that lesson. Below, we're going to share some of these experiences, both to illuminate a bit more of what we do and to help you in any way you can. Needless to say, these mistakes have made us better investors and that means great results for you; whether you're interested in the partnership or the straight cash buy. We've bought and sold over 100 houses, so we have the experience to handle your situation.
To Fix Or Not To Fix... That Is The Question...
We bought a house for all cash in Stratford, CT a few summers back. The house was in fairly decent shape, and the numbers were a bit tighter for us, so we decided not to do everything possible on the house. We'd straighten out a couple of things
The Importance Of Proper Pricing Strategy:
We entered into a partnership (as discussed above) in the summer of 2005 on a cute, 3 bedroom house in Trumbull, CT. The house needed a little work, and after we had completed that work, we were ready to put on the market. Because of how we had negotiated this particular transaction, the original asking price was to be agreed on by both parties. We had a price in mind based on our research, but our partner (the previous homeowner of the house) had a different idea of what she thought the property was worth. She insisted on the value and we were willing to give it a shot. Needless to say, the property didn't move at that price, and that would have been ok, except for the fact that by the time our partner was finally willing to come down in the price, we had moved out of the more active summer market into a fall market, and eventually into the winter market. Not only that, but during this particular market cycle, the price was trending down, so by the time we finally sold the property, almost a year after purchasing it, the price was much less than originally expected.
So here's the advice: If you want to move your house quickly, you have to discount it at some level. If it needs work, is awkward, you're under financial pressure, etc., you'll have to discount it significantly. If it's in perfect shape and you can wait a bit, you still want to discount it slightly because you've got competition out there (other houses) that you have to beat. |
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