FAQ

Yes! The best thing to do is call us immediately. Once we have a purchase and sale agreement, we can go to work on your behalf to stop the foreclosure in its tracks.

A short sale is when your lender will agree to let you sell the home for less than what is owed. Often times a lender will agree to settle the debt upon the completion of the sale. Although a short sale does have a negative effect on your credit, it is much less severe than a foreclosure. 

We will handle the negotiation with your lender and do our best to ensure there is not a deficiency judgment. A deficiency judgment is when your lender will pursue action to collect the difference in what was owed on your mortgage, and the amount they collected from the sale.

The first thing to do if you find yourself in this situation is call us!

Because we pay cash, this part is typically up to you!

In Connecticut, we usually need a minimum of 30 days from the date the contract is signed to closing day. This is because we have to coordinate the closing with both our attorney and yours. 

Yes, you do. If you do not have one, we know a handful of reputable attorneys we can refer you to.

Absolutely! We buy homes the same way anyone does – evaluation of the home’s recent comparable sales and the current condition of the home. From that point, we make you an all-cash offer at the highest price the market will allow. 

We sure do! The price we offer you is what you walk away with! 

*Of course, if you have an existing mortgage that will need to be paid off at closing. As well as any outstanding liens on the property.*

Yes! Once we have the property under contract we will go to work on your behalf to ensure you pay as little as possible on any existing liens.

Sometimes we may even agree to pay the lien off for you!

After buying countless homes in Fairfield County. We are certain that when we put in an offer, it is not competitive… It is the highest someone is going to pay for your property. 

No! Waiting costs you money!
This is because homes appreciate in value over time. However, they do not appreciate at a rate that is faster than the rate money goes out the window in the form of interest. Appreciation takes years. Interest is charged every month! And if the home is fully paid off you are still responsible for taxes, insurance, utilities, and maintenance costs. Every time something breaks the home loses value.

Not a problem! We buy homes 100% as-is. Once our offer is accepted you will not have to put another cent into the property.

Primarily single-family. However, we are not limited to single-family homes.

Call us anyway! We may make an exception!

24 hours!

We make our offers at the highest price the market will allow us to pay. If we cannot work something out, we hope we will meet again in the future and assist you with the sale of another property!

Buying your home subject to existing financing means that we will close on your property and take title to it. However, the loan that you currently have will stay in place and we will fulfill your monthly payment obligation to your lender.

It means that you will sell us your home via an installment sale. An installment sale is exactly as it sounds. Installment payments of our agreed-upon purchase price are made to you every month until the home is paid off.

When we say all-cash offer we do not mean literally showing up to your home with a bag full of cash. Although we do agree that would be cool!

All jokes aside, an all-cash offer from us means that we will write a check, or wire money from our own personal funds to purchase the home.

The most common way to purchase a residence is to put some money down and obtain a loan for the rest. The loan process can seriously slow down the sale of your home. Lenders will need to get an appraisal & approve the home itself for the loan. As well as run credit checks & approve the buyer for the loan. This will take time, and there is no certainty the loan will get approved!

With us, none of that is true! We have cash ready to go. 

Nope! We will make our offer based on the information we gather from our research, and the conversations we have with you directly. 

Absolutely! The goal of our service is to make this process hassle-free for you. The last thing we want to do is kick you out of your home before it is time to leave. 

We have relationships with multiple local moving services. We can help facilitate the move, so you don’t have to make any extra phone calls. 

Not an issue! We will close with tenant occupancy. If the tenants are not paying the same is true! We will assume the liability and you will be free to move on without the headache!

Yes, you can. We will make an offer subject to probate court approval. Once accepted, the only thing left is for the judge to approve the sale. Once the sale is granted, we can close.

That’s ok! We will make you an offer! You will just be required to compensate your agent their commission. 

Yes! It is officially yours now! We will be happy to make you an offer and close as quickly as you’d like. If the home is in probate, we can buy it as well. We will just need to get the judge’s approval. 

Yes, you can! First, you will need to obtain power of attorney for that friend or family member. This will allow you to sign off on the necessary paperwork required to sell the home. 

We can refer you to an attorney that can assist with this process. Once power of attorney is obtained, you can place the home under contract with us. And we will close whenever you’d like!