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How can Express Homebuyers help me sell my house myself? This page contains answers to the most frequently asked questions we encounter. If you cannot find an answer to your question, please contact us at 1-800-SELL-2-US (1-800-735-5287) or info@expresshomebuyers.com, and we will be glad to answer your questions about selling your home.
Questions
What type of experience do your Home Buying Specialists have?
- Our specialists have bought over 400 homes in DC, MD and VA in the past five years. We have the experience and expertise to properly evaluate your house and determine its value. Unlike any other home buying service that buys houses, we are very familiar with the area. We like to say we "assist 2 sell."
What type of information do I need to give you when I contact you for the first time?
- We need very basic information from you about your house. The number of bedrooms, bathrooms, and overall condition of the property is needed. We will also ask you how long you have owned your home and if there are any mortgages or liens against the property.
What is a closing or settlement date?
- A closing date is the day that both you as the seller, and Express Homebuyers as the buyer, meet and settle the obligations of a purchase agreement. This is when we buy your house. The closing takes place at a professional settlement company.
What happens with my mortgage once you buy my house?
- On the day we buy your house, your mortgage is fully paid. By law, the professional settlement company that conducts the closing MUST payoff your mortgage and any other liens before they distribute the remainder of your money. In some cases, we will work to help restore credit by bringing your mortgage current and leaving it in place when we purchase it. In these transactions, we purchase your property, leave your mortgage in place to make on time payments to your lender, and the professional settlement company distributes the remainder of your money. This is only done when the seller requests it.
What happens if my house is in pre-foreclosure?
- We work FAST to ensure that your house doesn't go to foreclosure. We present you with a FAIR offer that can include us bringing your mortgage payments current or paying off your mortgage and giving you money at closing. We help save your credit, avoid foreclosure, and allow you to sell your house FAST and FAIR. Due to recent legislation, if you reside in the state of Maryland and are within a certain period of time before your foreclosure sale date, we will introduce you to a Foreclosure Consultant. The legislation mandates that if you are within this certain window that a foreclosure consultant must explain to you all of your options involved in selling your home.
What happens if I am in bankruptcy?
- We work with your bankruptcy attorney to present a FAIR offer and give you additional money at closing. We present the offer directly to your attorney and work to have the offer accepted by the bankruptcy court. Once the offer is accepted, we ensure that the bankruptcy is released and we buy the property as soon as possible.
What is a deed of trust?
- A deed of trust is a document that is recorded in the county land records with your deed that references your mortgage. It acts as a placeholder in the land records to define the existence of the mortgage you have against your house.
What is a title?
- A title is a listing of the history of owners, debts, and other information related to your house. Title is produced by researching the documents recorded in the land records of your county.
What takes place during a transfer?
- During a transfer, a new deed is drafted and signed by the seller, transferring ownership of the house to the new buyer. This document is then recorded in the land records with the above mentioned deed of trust.
How do you determine the amount of your offer?
- Every homeowner's situation is unique. So is the process by which our Homebuying Specialists determine what they are willing to offer for a home. The things they take into consideration include the age and condition of a home, costs of needed repairs, what other homes are in the area are selling for and how long it is taking to sell those homes. These and several other factors are researched to determine a fair offer.
What kinds of houses do you buy?
- We buy houses in any condition. Does your home need a little work? Does it need a lot of work? We'll buy it. In fact, most homes we purchase need some work. Is your home already in good condition? We'll buy it.
Do you charge fees to make an offer or sell my home?
- There is absolutely no fee to the homeowner when working with Express Homebuyers. You will never be charged anything for our services.
Do you only buy houses? Will you buy townhouses, condos, etc?
- We will buy townhouses, condominiums, duplexes, multi-tenant buildings, beach property, retail office buildings, farms, land, or any building that has deeded land attached.
Do you buy apartments, multi-units and land?
- Yes. Express Homebuyers will buy multi-units, apartments and land or lots.
Where do you buy property?
- We currently buy property in the District of Columbia and in the states of Maryland and Virginia. While we plan to service many more states in the coming months we currently only serve those areas. However, if you know of a promising property in an area outside of DC, MD, and VA, please let us know, and we will be able to contact a company in our network that will be happy to assist you.
Am I obligated to use your service once I complete your form?
- You have no obligation at all if you submit an information form, show your property to Express Homebuyers and our house buying network, or receive an offer to buy your house. You are under no obligation at all. All we ask for is the opportunity to make an offer for your house. You decide if the offer works for you. You are only obligated to our service if you have entered into a purchase agreement with us. You would have a similar obligation with any real estate transaction.
Who usually sells their houses to Express Homebuyers?
- Many different kinds of people!
People who have trouble selling because they do not have equity in their home.
Those who have experienced a death of a loved one or the need to settle an estate.
People who are tired of being a landlord.
Those who need to sell because of a divorce.
People who are behind on payments or facing foreclosure.
Anyone who bought a new home, but can't sell the old one.
People who own vacant houses or houses that need repairs.
Those with liens or title problems.
People working with a real estate agent who hasn't come through as promised.
Anyone facing a job transfer or relocation.
People from all walks of life who share the need or desire to sell their homes, regardless of repairs needed, sell for cash, close quickly, and sell to a reliable company – Express Homebuyers.
Are you a Better Business Bureau member?
- Absolutely. Express Homebuyers has been accredited by the Better Business Bureau (BBB) Serving Metropolitan Washington, DC and Eastern Pennsylvania since February, 2004. Additionally, Express Homebuyers is a member of the BBB Online Reliability Program, which gives clients an added degree of security. The BBB Online mission is to promote trust and confidence on the Internet through the BBB Online Reliability and Privacy Seal Programs. BBB Online web site seal programs allow companies with web sites to display the seals once they have been evaluated and confirmed to meet the program requirements. The BBB Online Reliability Seal confirms a company is a member of their local Better Business Bureau, has been reviewed to meet truth in advertisement guidelines and follows good customer service practices.
I see several companies stating "We Buy Houses." Are these companies associated with Express Homebuyers?
- No! We only use one name, "Express Homebuyers", so you can easily recognize us. There are many organizations who claim to offer similar service, but in many cases their claims are not indicative of their performance. We have helped many people who have been contacted by these companies.
What kind of experiences have other clients had with Express Homebuyers?
- Please click here to see testimonials from our clients.
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