Maybe you have some questions, and that’s perfectly normal. It’s common for people to have inquiries, especially when navigating significant decisions like selling a home. To assist you in this process, we have compiled a comprehensive list of frequently asked questions, along with detailed answers for your convenience. If you still have questions after reviewing this information, don’t hesitate to reach out to us at any time. We genuinely love helping people like you find the answers they need.
Q: Are you going to list my house on the MLS or purchase it directly?
A: That’s an excellent question! It’s important to clarify this upfront. We’re not real estate agents, so we do not list properties on the Multiple Listing Service (MLS). Instead, at Coastal NC Cash Offer, we are professional home buyers. Our primary focus is on purchasing houses in Eastern North Carolina that meet our specific buying criteria. One of the key advantages of working with us is that we use our own funds to buy homes, which means we do not rely on bank financing. This enables us to ensure a smooth and efficient closing process for you.
When we acquire a property, our approach can vary. In some cases, we may decide to renovate the house to enhance its value before selling it to a new owner. Alternatively, we might choose to keep the property as a rental investment, depending on our business strategy and market conditions. This flexibility allows us to tailor our approach to each property we buy, ensuring that we maximize its potential while providing you with a fair cash offer for your home.
Q: What sets you apart from a real estate agent?
A: This is a critical distinction to understand. Real estate agents primarily focus on listing properties and facilitating sales, which can involve a lengthy process. Typically, agents will list your home on the MLS and wait for potential buyers to express interest. If buyers do come forward, agents will then showcase the properties, a process that can take anywhere from 4 to 6 months, or even longer, in many markets.
When a sale is successfully completed, real estate agents usually earn a commission that ranges from 3% to 6% of the sale price. For instance, if you were to sell a home for $100,000, you could expect to pay between $3,000 and $6,000 in commission fees alone. While this model can work well for some sellers, it may not be the best fit for everyone.
At Coastal NC Cash Offer, we operate differently. As direct home buyers, we purchase your house directly from you, paying in cash. This means you can receive an offer within days, and in some cases, even on the same day you contact us. We take on the financial risk of buying your home outright, which allows us to make decisions quickly without the delays often associated with traditional real estate transactions. Once we buy your house, we handle all repairs and renovations needed to prepare it for the market ourselves, ensuring we can maximize its value before reselling.
This direct approach eliminates many of the uncertainties and extended timelines associated with traditional real estate sales. You won’t need to worry about open houses, waiting for buyers, or dealing with commissions. Instead, you can focus on your next steps with confidence, knowing that we will handle the transaction professionally and efficiently.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Jacksonville Agent | SOLD To Coastal NC Cash Offer | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: How quickly can I sell my house?
A: One of the significant advantages of working with us is the speed of the process. Once you reach out to us and provide some basic information about your property, we can often give you a cash offer within 24 to 48 hours. If you accept our offer, we can typically close the sale in as little as seven days, depending on your needs and timeline. This is a stark contrast to the traditional home-selling process, which can take months.
We understand that life can throw unexpected challenges your way, whether it’s job relocation, financial difficulties, or other personal circumstances. Our streamlined process is designed to provide you with a fast and hassle-free selling experience. You don’t have to worry about extensive showings, open houses, or prolonged negotiations; we make the process simple and straightforward.
Q: What if my house needs repairs?
A: Another benefit of selling to us is that we buy homes in any condition. Whether your house needs minor cosmetic repairs or significant structural work, we are interested in making you an offer. You won’t need to invest time or money into fixing up your property before selling it. We will handle all repairs and renovations after the purchase, allowing you to sell your home as-is.
This aspect of our service can be particularly helpful for homeowners who may feel overwhelmed by the thought of making repairs or who simply do not have the resources to do so. When you work with us, you can avoid the stress and financial burden of renovation costs. You’ll have the peace of mind knowing that we will take care of everything after the sale.
Q: Are there any fees or commissions involved?
A: One of the most appealing aspects of selling your home directly to us is that there are no hidden fees or commissions. Unlike traditional real estate transactions where agents typically take a cut of the sale price, we purchase your home directly from you. This means the cash offer we present is the amount you will receive at closing, without any deductions for commissions or fees.
We believe in complete transparency, so you can trust that there won’t be any surprises when it comes time to finalize the sale. This straightforward approach helps you understand exactly what to expect, making the process more manageable and stress-free.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: Do I need to clean my house before selling it?
A: While we appreciate a tidy home, you are not required to clean or declutter your house before selling it to us. We buy properties in all conditions, which means you can leave the cleaning and tidying to us. Whether your house is in pristine condition or requires a thorough clean-up, we will handle it after the purchase.
Our focus is on making the process easy and convenient for you. We understand that you may have a lot going on, so we don’t want to add to your stress. Just pack your belongings and leave the rest to us!
Q: What if I am facing foreclosure?
A: We understand that facing foreclosure can be a distressing experience. If you find yourself in this situation, it’s crucial to act quickly. We have experience working with homeowners in distress and can help you navigate this challenging time.
When you contact us, we can assess your situation and make a fair cash offer for your home, helping you avoid foreclosure and its associated consequences. Our goal is to provide you with a viable solution that can relieve your financial burden and help you move forward.
Q: What happens after I accept your offer?
A: Once you accept our cash offer, the next steps are straightforward. We will work with you to schedule a closing date that suits your needs. During this time, we will handle all the necessary paperwork and logistics to ensure a smooth transaction.
You will need to provide us with the necessary documentation, such as proof of ownership and any relevant information about the property. We will guide you through this process, making it as simple as possible. On the agreed-upon closing date, you will sign the final paperwork, and we will provide you with your cash payment.
At this point, you can walk away from the transaction with cash in hand, free from the worries associated with your property. Whether you choose to reinvest that money or use it to cover other expenses, the decision is entirely yours.
Q: Can I sell my house if I owe money on it?
A: Yes, you can still sell your house even if you owe money on it. This situation is known as selling a home with a mortgage. When you sell your property, the sale proceeds will first go toward paying off the remaining mortgage balance. If the sale price exceeds the amount owed, you will receive the difference in cash.
If you are in a position where you owe more on the mortgage than the house is worth, also known as being underwater on your mortgage, we can still assist you. We can explore various options to help you navigate this situation and find a solution that works for you.
Q: What if I change my mind after accepting your offer?
A: We understand that circumstances can change, and it’s completely normal to have second thoughts. If you decide to change your mind after accepting our offer, please let us know as soon as possible. We want you to feel comfortable with your decision, and we are here to support you every step of the way.
While we would prefer to move forward with the sale, we respect your right to reconsider. Our priority is your satisfaction and ensuring that you make the best decision for your situation.
Q: Is it safe to sell my house to a cash buyer?
A: Selling your home to a cash buyer can be a safe and efficient option, especially when working with a reputable company like ours. We pride ourselves on our professionalism and commitment to providing a transparent and honest process.
To ensure your safety and confidence, we encourage you to conduct due diligence. Research our company, read testimonials from previous clients, and feel free to ask us any questions you may have. We believe that building trust is crucial in any transaction, and we are more than happy to provide the information you need to feel secure.
In conclusion, selling your home is a significant decision, and having questions is entirely natural. We hope this list of frequently asked questions has provided you with valuable insights and clarified some of the uncertainties you may have had. At Coastal NC Cash Offer, we are dedicated to helping homeowners navigate the selling process with ease and confidence.
Whether you’re looking to sell quickly, avoid the hassle of traditional listings, or simply want to learn more about our services, we are here for you. If you have additional questions that weren’t addressed in this FAQ, please don’t hesitate to reach out to us anytime.
Curious About Our Offer for Your House?
Complete the Quick Form Below to Receive a No-Pressure, No-Obligation, All-Cash Offer
Don’t waste any more time or money.
Fill Out This Quick Form!