Frequently asked questions
That's a very important distinction, and it's at the core of our business model. While a real estate agent and a real estate investor both work with property, our roles and our motivations are completely different.
A traditional real estate agent is a licensed professional who acts as a middleman. Their job is to represent you, the seller, and find a buyer for your house.
Role: They market your property, host open houses, negotiate with potential buyers, and help you get the highest possible price on the open market.
Process: They list your house on the MLS, which can take weeks or months. The sale is dependent on a buyer getting bank financing, which can fall through.
Fees: They earn a commission, typically 5-6% of the sale price, which is paid by you at closing.
We are real estate investors, and our role is much simpler. We are the direct buyer.
Role: We are not trying to find a buyer for your house; we are the buyer. We purchase your property directly from you with our own cash.
Process: Our process is fast and certain. We give you a cash offer and can close on your timeline, often in as little as 2-3 weeks, with no risk of financing falling through.
Fees: We do not charge commissions or fees. We make our money by renovating the property after we buy it and then reselling it.
In short, if your goal is to get the absolute highest market price and you are willing to wait, a real estate agent is likely the right choice for you. However, if your priority is a fast, hassle-free, and certain sale without the stress of repairs, showings, or fees, we offer a better solution.
We primarily focus on single-family homes, but we also buy other types of residential properties like duplexes, and multifamily units.
The key factor for us isn't the property type but its condition. We specialize in buying distressed properties, which are homes that are in need of significant repair or are a financial burden on the owner. This includes properties that are:
In need of major repairs: Everything from foundation issues and a leaky roof to extensive fire or water damage.
Outdated: Homes that have not been renovated in many years and need a full cosmetic overhaul.
Vacant or abandoned: Properties that have been left empty and have fallen into disrepair
Inherited: Homes that are part of an estate and the heirs want to sell quickly without making repairs or cleaning it out.
Essentially, if a property is in rough shape, has outstanding issues, or is in a situation where the owner needs a fast and easy sale, it's the kind of property we are interested in.
That's a great question, and it's a critical part of our business. We use a formula that's common among real estate investors, often called the "After-Repair Value" (ARV) method. This approach allows us to make a fair offer on your property in its current condition while factoring in the costs required to get it ready for the market.
By following this process, we can provide you with a fair, no-obligation cash offer that is competitive and transparent. We take on all the risk and hassle of the repairs, so you can walk away with cash in hand without any of the stress.
Yes, we absolutely buy properties that have tenants. In fact, many real estate investors prefer to buy a property with existing tenants because it can provide immediate rental income. However, we understand that selling a home with tenants can be complicated for the owner, and we're here to make that process as smooth as possible.
When we buy a tenant-occupied property, we take on the responsibilities of the landlord, and we are legally required to honor the existing lease agreement. This means:
You don't need to evict your tenants.You can sell the property to us without disrupting your tenants' living situation.
The lease remains valid. The terms of the current lease, including the rent amount and the end date, will not change just because the ownership has.
We handle the transition. We will work directly with the tenants and the title company to ensure a seamless transfer of ownership, security deposits, and future rent payments.
Selling a tenanted property to us can be a great option if you're ready to get out of the landlord business without the stress of removing your current tenants.
We buy homes that need significant work, from structural issues to cosmetic updates. We look for motivated sellers needing a quick sale, such as those facing foreclosure or needing to relocate. We buy all types of residential properties, including single-family homes and multi-family units, in any price range. Our focus is on properties in Columbia, SC, and surrounding areas. Our local expertise ensures a fair offer.