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Frequently Asked Questions When Selling a House

What else would you like to know about selling your house for cash? Maybe it’s here

At SolidOffers, we hear many questions from homeowners about selling their house directly all-cash or through other financial options, how the process works, and what to expect. Here are the answers to the most frequently asked questions. If there is anything else you would like to know about how to sell your house, speak with one of our specialists, just call us at (888) 522-6089.

At SolidOffers, we pair motivated sellers with eager investors. We screen hundreds of real estate investors, run background checks and confirm their reputations so that you are never scammed. We then connect you with legit investors in your market whose priority is giving you a great deal and an easy house selling process for cash.

We (SolidOffers) are doing neither. We are gathering you cash offers on your property from investors who operate in your real estate market. You pick the offer you want, and we then connect you with the investor to move forward with the sale.

Our investors are interested in most properties, be they single-family, multi-family, townhomes, or condos. They also buy “AS-IS”, whether the property is neglected, degraded, vacant, or mid-renovation – no repairs or renovations necessary.

SolidOffers is different because we are a bridge between you and reliable investors. We do not buy your property ourselves but screen the investors to take the guesswork out for you. You do not have to worry about scams or fraud. We make sure every investor is legitimate and reputable.

Based on your situation and the condition of your property, we pair you with the investor who will likely give you the highest offer for your property.

There are no service fees or commissions attached to your free offer. In fact, there is no point in the sale and cash transaction that we charge you a fee for our services or assistance.

Selling to an investor is great if you need to sell your house fast or without costly repairs. Most investors can close in less than a month, 7 days or less. You pick the closing date, giving you time to pack and move out.

Typical home buyers need mortgage approval, but an investor will buy your house for cash. You also avoid the obstacles of a typical house sale. An investor does not require an appraisal or home inspection, and they will buy the property “AS-IS”, no repairs or renovations necessary. In addition, the investor pays all closing fees and additional fees.

Common reasons owners are motivated to sell to an investor include:

  • Bad tenants
  • Bankruptcy
  • Code violations
  • Divorce
  • Downsizing
  • Financial hardship
  • Inherited property
  • Outdated (needs renovations)
  • Pre-foreclosure
  • Probate
  • Rundown (needs maintenance/repairs)
  • Tax defaults
  • Upgrading (make room for family)
  • Work relocation

It really depends on the condition of your house and its real market value (sorry but Zillow often gets it wrong), how fast you need to sell it, and the type of “investor.” There are two main investors:

  • House Flippers
  • Rental Property Owners

Flippers usually pay 70% of the house’s value AFTER repair value. When they give you an offer, they estimate how much they can sell it for after flipping minus repair costs. These investors are looking for distressed houses.

Rental Property Investors usually prefer properties that require none to minor repairs, and they want a deal that will give them a monthly income of 1% of the purchase price. Their offer is based on how much they can rent it out and minus any needed repairs. If your property is in top shape and in a high-rent area, you may get market value for your house.

Absolutely not. Your House Selling Specialist will research your property, run comps, and find the investor who will give you the highest GUARANTEED Cash Offer, sometimes even other types of offers. There are ZERO obligations or expenses from you. You will then know your options to decide the best path for you.

You choose what works best for you, even if it’s to keep your home, remodel it yourself, or sell through a realtor. You are not obligated to SolidOffers or the investor on anything.

Absolutely! We respect your right to privacy, and as such store your information in our secure servers. We do not sell your information to third parties; it is for our use only. For more information, please read our Privacy Policy.

We do need your address to look up your property information and your contact information so you can be called about your offer and potentially set up an appointment to visit your property or to receive photos and/or videos if done virtually.

Not typically, most investors prefer to schedule a walkthrough. But if you prefer to sell your property virtually, pictures may be necessary for the investor to assess condition and repairs and make you a fair offer.

No worries. You can sell a property with a mortgage on it. Even if you are behind in payments, the sale can go through. It depends on how much your loan balance is, and if your investor offer will be enough to cover what you owe. At closing, you will have to pay off the deferred payments and standing loan balance to your bank.

If the offer is not enough to satisfy your loan, then you may have to consider other selling and financing options. If you request an offer from us, we can discuss your situation and options.

You can sell your property in most situations, even if it has tax liens on it, is facing foreclosure, or is at risk of being seized by the bank. It all depends on how much money you owe the governing parties. If a cash offer is enough to cover these, you can sell fast to an investor and be free of your debt, without your credit score taking a hit.

If a cash offer is not enough to satisfy your debts, you may have to consider other selling and financing options. If you request an offer from us, we can discuss your situation and options.

Yes. If you inherited a property and need to sell it fast, request a free offer from us today. You can enjoy a quick closing and no-obligation, all-cash offer.

Yes! Many of our investors are looking for houses that need TLC. They will buy a house “AS-IS”, whether it needs repairs, is degraded, vacant, or mid-renovation. There is no need for you to fix up or maintain the property.

Most investors can close within the month, but they may expedite it to 7 days or less, depending on the situation.

For example, if the situation is a foreclosure and the auction date is in 3 days, an investor that specializes in this type of situation has the resources to contact the bank and get an agreement with them. Although, we strongly recommend contacting us before getting to this point.

You get your cash as soon as you close. However, although it’s called an all-cash offer, you don’t get a bag of money.

You usually have two options on how to get paid:

  • Wire transfer, which usually appears in your account within 24-48 hours of closing, or
  • Paper check, which you have to deposit and wait for your bank to add the funds to your account, which may take up to 7 business days.

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