Imagine you were barraged with companies that buy houses at a time when you just inherited a property through a trust. The property was in need of repairs, but you were not sure what to do or who to turn to. Fortunately, you stumbled across a TV commercial one night that seemed like the answer to your prayers.
That was exactly the call Express Homebuyers received on July 18th. Our seller said that she had a property located in the Deanwood area of NE Washington DC. We made her a verbal offer while on the initial phone call. She asked to have a few days to think about it. We prefer to give the seller as much time as they need to make a decision they are comfortable with. On the 22nd, we spoke again after making an inspection of the property, and we verified that we could offer her the same price. She accepted our offer and we began the process of getting the paperwork and title work needed for settlement.
Normally, we get the title back in 2-3 days, however, because this property was in trust we got it back in 8 days. To give you some perspective, most companies that buy houses get a normal title for homes back in 8 days. For us, it is special cases like the above that take 8 days.
At this point, we needed to provide the title underwriter with two comparable sales to support the value of the property – this was required because of the language in the trust documents. After the underwriter reviewed everything we closed on the property on August 26th.
That is a little more than 40 days to close on a property in trust. While other companies that buy houses talk about how they can provide excellent service, Express Homebuyers delivers superior and fast service for our clients. That is why over the past 10 years we have purchased over 2,500 properties for cash in the Washington DC, Maryland, and Northern Virginia areas.
Call Express Homebuyers at (877) 804-5252 to get an offer in 7 minutes. Learn more about how the right companies that buy houses can help with your next transaction, just like we worked on the property in trust on 50th PL NE Washington DC 20019.