Have a few questions? Most people do. We understand that there are many other companies out there that claim to buy houses with cash in the Washington, DC area or wondering if this service is “legit”. That's completely understandable!
So, here’s a quick look of some of the common questions we're asked… with our answers next to them. If you still have a question don’t hesitate to send over an email through our contact page (or give us a call at 202-656-4171).
Q: Do you list my house on the MLS (realtor listing) or buying it? A: No, we’re not agents and we don’t list houses. We actually buy houses in the Washington, DC area and Baltimore area that fit our buying criteria. At that point, we may repair the house and resell it to another homeowner, investor or keep it as a rental ourselves.
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Q: Are the selling prices fair prices for properties?A: We're investors therefore, we must purchase a property below market value so we can resell it at a profit. If for any reason you’re in foreclosure you likely won’t have equity in the property… so we can often negotiate with the lender for a discount on the price of the property. Ultimately, we must get a fair discount on a property so we can make a profit, if and when we resell it. With that, we bring to the table a quick, no hassle, fair all-cash offer… we can close quickly, are very accommodating on terms of the sale, and will buy your house in any condition with no run-arounds.If that's what you’re looking for and you see the value in getting your house sold fast… lets discuss this more to see if we can come to a fair win-win price.
Q: How do you determine the price to offer on my house? A: Great question and we’re an open book… so I’m glad you asked. Our process is rather simple. We look at the location, what repairs are needed, condition, and values of comparable houses sold in the area recently. We take everything into consideration… and come up with a fair price that works for us and works for you too.
Q: Are there any fees or commissions to work with you? A: There are NO fees or commissions to work with us. We’ll make you an offer, and if it meets your standard… we’ll buy your house (that includes closing costs too!). No stress. No fees. We make our money after we pay for repairs on the house (if any)… market the house, and sell it for a profit (the responsibility is ours and you walk away without the burden of the property and it’s payments).
Q: How are you different from a real estate agent? A: Real estate agents list properties and hope that someone will buy them. The average time to sell a property in many markets right now varies from month-to-month. As you know, you pay a commission as a percentage of the sales price when you work with a real estate agent. Often it’s 3-6% of the sales price (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait, in many cases to sell and who have room to pay the commission on the sale. Our company actually buys houses. We don’t list houses on the MLS. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within 24 hours. Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Q: Is there any obligation when I submit my info to www.propertycapitol.com? A: No obligation at all. Once you tell us a bit about your Washington, DC or Baltimore area property, we’ll take a look at things, maybe set up a call with you to find out a little more and make you an all-cash offer that's fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your Washington, DC or Baltimore area house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let decide what’s right for you.
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