Frequently Asked Questions About the Cash-for-Homes Process
If I enter my information, am I obligated to sell?
No, you are never under any obligation to sell your home when you send us your information. We’ll build you a fair cash offer that’s based on the current condition of your property and other homes in your area. If you like the offer, you can choose the closing date. If you don’t love the offer, you can choose to decline it — no strings attached.
What kind of fees will I have to pay when selling my home?
At We Buy Houses Colorado Springs, we don’t charge additional fees. There are no commission fees, no closing fees, no hidden fees, no fees of any kind — ever. We factor all associated costs into the final cash offer we extend, and that offer is exactly what you’ll receive — in cash — should you choose to proceed with the sale.
How is the offering price for my house determined?
We perform property valuations the same way a traditional real estate appraiser would. As soon as we receive information about the house you’d like to sell, we’ll begin conducting in-office property research so we can start building your cash offer.
To fully assess your property’s current market value, we’ll then perform a walkthrough and inspection of your home. During our inspection, we’ll consider the square footage of your home, the layout, structural integrity, repair cost estimates, and other factors that augment or detract from your home’s overall value.
We’ll also consider the current market value of other homes in your area and that of similar properties. Once we’ve collected all the necessary details, we’ll factor those into the final market value of your home. When we extend an offer, that offer is for your property in as-is condition, which means we’ve factored the projected cost of materials and labor if your home requires repairs.
What do you do with the home after you purchase it?
As cash home buyers and real estate investors, our goal is to turn a profit on the property once we’ve purchased it. Typically, we’ll invest time and resources into improving the property, whether that means renovating for a new family, renting it, building an addition, or bulldozing it and building a new one…it really just depends on the house.
Can I sell my home if I am behind on the mortgage?
Absolutely, we’ve worked with many property owners in similar situations and can conduct a successful sale even if you’re delinquent on your mortgage payments or in foreclosure. You’re not alone and we’ve worked through these situations many times before. Our experience and speed can help you avoid foreclosure. If you’re facing this type situation its important you call us ASAP as time is not on our side.
How long does it take to sell my home?
When you need to sell your house fast, we’re here to get it done. You can have a cash offer in your hands as soon as today after submitting your information. If you accept the offer and choose to proceed with the sale immediately, we can typically complete the closing paperwork on the date of your choice, in as little as 48 hours. When you sign the contract and receive your cash, the deal is done!
Do I have to move out right after selling my house?
Traditionally YES but with us, NO, you do not need to move out immediately after selling your house. If you need additional time to pack up your belongings or plan your relocation, just let us know! We can work with you to set a move-out date that works with your needs and schedule, so you won’t feel pressured or rushed to move out in haste. When you contact our team with your information, let us know about your current situation, and we’ll do our very best to design a plan that meets your needs.
Can I sell my house if I live out of state?
Absolutely! We work with many out-of-state property owners who need to sell homes in or around Colorado Springs. We understand it’s not always feasible to travel to sell your property, so we’ve designed our process to accommodate your needs. When you contact us with a cash-offer request, we can conduct the entire process over the phone and via mail to ensure a rapid, secure transaction. Let us know about your current situation when you send us your information, and we’ll help you determine the best way to proceed.
What types of houses do you buy?
At We Buy Houses Colorado Springs, we purchase houses, condos, and all types of real estate. Whether you own a home in excellent condition or your home is in disrepair, we’re ready to offer you cash for it. It doesn’t matter if your property requires minor repairs, extensive renovations, or anything in between. We purchase homes and properties in any condition because we have the necessary resources to repair, update and renovate.