How does the process work to sell my house?
Once you have completed the Sell Your Home Fast Form on our homepage one of our real estate specialists will contact you shortly (usually within 24 hours). In some situations, we will need to gather additional information. We will research your property and discuss all the details with you. Our company may be able to buy your home directly from you right over the phone, or in most cases we will schedule a time with you to view the property and make you an offer!
What sort of houses do you buy?
What do you mean “any condition, area, price range, or situation”?
Are you REALTORS™?
What will your service cost me?
Is my information kept confidential?
What if I am behind on my payments, in foreclosure or bankruptcy? Are you still able help?
Will you be listing my house on the MLS or actually buying it?
Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Florida that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Do you pay fair prices for properties?
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 but rather appreciate that we can offer cash for your house in its ‘As-Is’ condition. We are local investors who seek to simplify the process of selling your house. We use our own funds to make our offers. We buy houses and we are ready to buy your house for cash today! Agents take way too long to list and sell your house and they charge you 6% commission in the process. We are professional home buyers only interested in buying your house for cash, which will save you time, money and effort. We also allow you to close on a day that’s convenient for you. Our process is designed to give you full control of how you sell your home.
How do you determine the price to offer on my house?
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 values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
Are there any fees or commissions to work with you?
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 to us.
Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. If you decide to move forward with the deal, we’ll give you 100% cash for your house. At VDL Homes, we strive to make every aspect of selling your home easier. We are real estate investors who work hard and fast to provide you with the best result and service possible!
How are you different from a real estate agent?
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 6-12 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 4-6% of the sale price of your house. Agents provide a great service for those that can wait 6-12 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 are professional cash home buyers. Our process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at VDL Homes is able to purchase properties very quickly is that we use our own money, which means the sale is more secure and we can close faster than a traditional buyer.
Can I Still Sell My Home If I Am Behind on My Mortgage Payments? In Foreclosure?
At VDL Homes, we purchase many different types of properties – even if you are behind on mortgage payments, are facing foreclosure, have a tax levy on the property, or the property is in poor condition.
If your house is facing foreclosure, and it has not been finalized, meaning that the bank does not own it, we can still make an offer to buy it. If the foreclosure auction takes place and the bank has taken the referee’s deed then you do not own the house anymore, and therefore we cannot purchase it from you for cash.
Can I Sell My Home With A Tenant?
Yes. We are experienced dealing with bad or problem tenants. You have every legal right to sell your home with tenants. Every circumstance is different and this will be taken into consideration when offering you a cash value.
Can I Work With an Attorney?
Yes you may! And if it is easiest we can communicate with your attorney directly to coordinate any closing or title issues. We want to make sure each client feels comfortable no matter what situation is going on.
Why is my home’s assessed value different from the market value?
Your home’s assessed value and market value are each determined by different factors. Buyers and sellers affect the market value of a home, while professional appraisers calculate the assessed value. In a seller’s market, your home’s market value may be higher than its assessed value. That’s because buyers are willing to pay more than the home is technically worth because of low inventory. In a buyer’s market, you’ll be facing a lot of competition from other sellers, so buyers may put in an offer lower than the home’s assessed value.
Can I back out of buying a house?
Yes, but you may lose earnest money (basically, a security deposit given to the seller upon signing a contract).
You can also face legal consequences if you back out of the agreement for a reason not outlined in the purchase agreement. This document outlines important details, such as repairs the seller is responsible for and contingencies of the real estate deal.
However, there are certain scenarios where breaking a purchase agreement is understandable. If you lose your job, can’t sell your current home, or can’t get approved for a mortgage, it’s best to wait until you reach financial stability before buying.
Other issues with the home, such as a failed home inspection, unrepaired problems, or difficulty with transferring the title, are also acceptable reasons to back out of an agreement.
Why sell to a house/home buying company?
Some sellers may opt to work with a company that buys houses because their home needs a lot of work before they could consider listing it. Maybe the roof should be replaced or repaired, the windows are in rough shape, or the entire place is a cosmetic eyesore.
Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. In addition, some sellers hate the idea of repeated showings and because of that, they want an easy, fast solution.
What is a short sale?
As it is with the home buying process itself, it is essential you understand what a short sale is before getting yourself involved with it. A short sale is one in which a homeowner sells their house for a price that is less than the amount still owed on the mortgage. It can be regarded as a ‘distressed sale’ carried out when the current market value of a property is below the amount owed to a lender. The lender forgives the remaining balance of the loan.
The downside is that many short-sale properties are usually not in good condition. So, you must be patient and not in an immediate rush to move. Also, you can consider a foreclosure if it is still possible.
What is a foreclosure?
A foreclosure sometimes referred to as an REO, is a property that is owned by a lender. If you’re considering the purchase of a foreclosure, it’s important to understand that most are sold “as-is.” Foreclosures, if not purchased by an owner occupant, are often purchased by investors, fixed up, “flipped,” and sold to an owner occupant.
Is there any obligation when I submit my info?
You are in no way obligated to take our cash offer if it does not align with your expectations. Once we provide you with a FAIR CASH OFFER for your house, the decision to accept or decline our offer is completely up to you. The best part of our process is that it’s absolutely FREE.
To find out more about our home buying program, please call us today: (570) 534-5498.
Does It Matter If I leave stuff behind?
Since we buy properties in as-is condition you can leave whatever items you do not want behind. So if you have odds & ends that you haven’t touched for the last 5 years and have no plans to, we will take care of it. In most cases, we either donate or dispose of any unwanted or garbage items.
What will it cost to sell my home?
There is no selling cost when you sell your home to VDL Homes. Since we are investors buying the property directly, there are no real estate agent fees or commissions. We typically pay all the closing costs when you sell your home to us, what we pay is what you get in your pocket.
How do you buy houses?
We are real estate investors and make our money from flipping houses and holding rentals. We are always looking to buy houses that we can add value to. These houses are then fully renovated, held as either; rental properties, sold on the MLS to homeowners, or sold off in bulk to other investment firms and hedge funds. We won’t buy every house we look at, it will need to fit into our current strategy and be a mutually beneficial deal to you and to us.
When you buy my house, do you actually pay me cash?
When we say we pay cash we mean that our purchases are not conditional on traditional financing from the banks which allows us to close fast! Once you’ve accepted our offer and the deal is firm, you will receive funds in the form of a wire transfer or bank draft from your lawyer on closing day.
How do I sell my house quickly?
Working with a buyer like VDL Homes is the quickest way to sell your house compared to other selling methods, which rely on you sacrificing your time and energy. We can close in 14 days. You don’t have to list your home or make any repairs to it – we do all the heavy lifting. You can sell a house fast by working with one of the top real estate agents in your area, going the for-sale-by-owner route, selling your home at auction, or seeing if you qualify for a short sale. However, these methods require the right timing, more energy from you, and they don’t happen as quickly as working with VDL Homes.
Do you buy houses from tired landlords?
Yes. VDL Homes is happy to help homeowners with rental properties sell their rental units. Our team understands the need to sell your properties, simply and quickly, no matter the situation. Being a landlord can be challenging, and if you’re ready to offload your property, we can help. VDL Homes makes homeowners cash offers for their house and a closing timeline that fits your schedule.