Frequently Asked Questions
How does the process work to sell my house?
Once you have completed the Sell Your Home Fast Form on our homepage one of our real estate specialists will contact you shortly (usually within 24 hours). In some situations, we will need to gather additional information. We will research your property and discuss all the details with you. Our company may be able to buy your home directly from you right over the phone, or in most cases we will schedule a time with you to view the property and make you an offer!
What sort of houses do you buy?
What do you mean “any condition, area, price range, or situation”?
Are you REALTORS™?
What will your service cost me?
Is my information kept confidential?
What if I am behind on my payments, in foreclosure or bankruptcy? Are you still able help?
What is the process of using an escrow entail?
An escrow is a neutral, trustworthy third party that helps you exchange money and property for sale. They hold onto both the funds AND documents until everything has gone accordingly; which means there are no surprises on your end! Expect this term when pouring earnest cash into any real-estate deal because it’s wise practice at doing so with an eyesight like theirs looking out over things first–their responsibility includes protecting both buyer & seller equally while making sure paperwork gets filed properly too.
How long will it take to sell my home?
We know that selling your house can be an emotional time. You have to make tough decisions, and you may not always understand what is going on with the process of buying or selling until it’s too late! That’s why we want to help alleviate some burdens from homeowners who are ready and willing to move onto new homes as quickly as possible by paying cash for their old ones so they don’t miss any important deadlines along the way – all through our quick & easy service which eliminates most traditional roadblocks preventing sales in order decrease stress levels throughout this transition period while maximizing customer satisfaction at each step.
What does a real estate investment company do?
Real estate investment companies are businesses that focus on investing in, buying or renovating properties. They may choose to buy them and then sell at a profit; they could also finance their purchase with the intent of renting it out after renovations are complete – this way there’s always someone living inside!
Who will Handle the repairs?
We are here to help you by making a fair cash offer on your home today. The costs involved in repairs, touch-ups and painting leave you drained while costing thousands of dollars more than necessary for a quick sale – not to mention tax payments taking away money from your bottom line! We buy houses AS-IS without requesting any work be done before we take over clean up too–we handle it all so that there’s no hassle or cost beyond what was incurred during purchase price.
Do you have a good team?
At Kindred Homes, our team is highly motivated, knowledgeable, ethical, and resourceful. Qualified to handle any real estate transaction, our dedicated staff is committed to helping people with their real estate needs and making successful deals happen. Our team of professionals has the integrity to follow up on our promises, and the expertise to navigate any transaction to ensure you’re fully informed for making the best decision possible.
Will you be listing my house on the MLS or actually buying it?
Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Kissimmee that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Do you pay fair prices for properties?
We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash for your house in its ‘As-Is’ condition. We are local investors who seek to simplify the process of selling your house. We use our own funds to make our offers. We buy houses and we are ready to buy your house for cash today! Agents take way too long to list and sell your house and they charge you 6% commission in the process. We are professional home buyers only interested in buying your house for cash, which will save you time, money and effort. We also allow you to close on a day that’s convenient for you. Our process is designed to give you full control of how you sell your home.
How do you determine the price to offer on my house?
We’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
Are there any fees or commissions to work with you?
This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us.
Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. If you decide to move forward with the deal, we’ll give you 100% cash for your house. At Kindred Homes Properties, we strive to make every aspect of selling your home easier. We are real estate investors who work hard and fast to provide you with the best result and service possible!
How are you different from a real estate agent?
Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 4-6% of the sale price of your house. Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We are professional cash home buyers. Our process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at Kindred Homes Properties is able to purchase properties very quickly is because we use our own money, which means the sale is more secure and we can close faster than a traditional buyer.
Can I Still Sell My Home If I Am Behind on My Mortgage Payments? In Foreclosure?
At Kindred Homes, we purchase many different types of properties – even if you are behind on mortgage payments, are facing foreclosure, have a tax levy on the property, or the property is in poor condition. You can look at the types of property we buy for cash here.
If your house is facing foreclosure, and it has not been finalized, meaning that the bank does not own it, we can still make an offer to buy it. If the foreclosure auction takes place and the bank has taken the referee’s deed then you do not own the house anymore, and therefore we cannot purchase it from you for cash.
Can I Sell My Home With A Tenant?
Yes. We are experienced dealing with bad or problematic tenants. You have every legal right to sell your home with tenants. Every circumstance is different and this will be taken into consideration when offering you a cash value.
Is there any obligation when I submit my info?
You are in no way obligated to take our cash offer if it does not align with your expectations. Once we provide you a FAIR CASH OFFER for your house, the decision to accept or decline our offer is completely up to you. The best part of our process is that it’s absolutely FREE.
To find out more about our home buying program, please call us today: (407) 705-3779
Does It Matter If I leave stuff behind?
Since we buy properties in as-is condition you can leave whatever items you do not want behind. So if you have odds & ends that you haven’t touched for the last 5 years and have no plans too, we will take care of it. In most cases we either donate or dispose of any unwanted or garbage items.
Can I back out of buying a house?
Yes, but you may lose earnest money (basically, a security deposit given to the seller upon signing a contract).
You can also face legal consequences if you back out of the agreement for a reason not outlined in the purchase agreement. However, there are certain scenarios where breaking a purchase agreement is understandable. If you lose your job, can’t sell your current home, or can’t get approved for a mortgage, it’s best to wait until you reach financial stability before buying.
Other issues with the home, such as a failed home inspection, unrepaired problems, or difficulty with transferring the title, are also acceptable reasons to back out of an agreement.
When is the best time to sell a home?
Early spring and summer, especially June, is a great time to sell a home. Research shows that home sales in May, June, July, and August account for 40% of total annual sales volume.
Overall, home sales are still pretty good through early fall, so it wouldn’t be a bad idea to sell a home during this period, either. However, home sales drop once winter hits. January is the worst time to sell a home, as market activity is much lower.
Why is my home’s assessed value different from the market value?
Your home’s assessed value and market value are each determined by different factors. Buyers and sellers affect the market value of a home, while professional appraisers calculate the assessed value. In a seller’s market, your home’s market value may be higher than its assessed value. That’s because buyers are willing to pay more than the home is technically worth because of low inventory. In a buyer’s market, you’ll be facing a lot of competition from other sellers, so buyers may put in an offer lower than the home’s assessed value.
How many homes should I view before buying one?
That’s up to you! For sure, home shopping is easier today than ever before. The ability to search for homes online and see pictures, even before setting a foot outside the comfort of your living room, has completely changed the home buying game. Convenience is at an all-time high. But, nothing beats visiting a home to see how it looks and ‘feels’ in person.
What Is an As-Is Home sale?
When a home is put up on sale as an as-is listing, it means it’s being sold in its current state—no upgrades or improvements will be made by the seller. The home may have major repair needs or maybe it requires a style and décor update. If a home is sold as-is, then the buyer takes responsibility for repairs and modifications, including problems that may not be apparent at the time of sale.
Can I Work With an Attorney?
Yes you may! And if it is easiest we can communicate with your attorney directly to coordinate any closing or title issues. We want to make sure each client feels comfortable no matter what situation is going on.
Why sell to a house/home buying company?
Some sellers may opt to work with a company that buys houses because their home needs a lot of work before they could consider listing it. Maybe the roof should be replaced or repaired, the windows are in rough shape, or the entire place is a cosmetic eyesore.
Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. In addition, some sellers hate the idea of repeated showings and for that they want an easy, fast solution.
What is a foreclosure?
A foreclosure, sometimes referred to as a REO, is a property that is owned by a lender. If you’re considering the purchase of a foreclosure, it’s important to understand that most are sold “as-is.” Foreclosures, if not purchased by an owner occupant, are often purchased by investors, fixed up, “flipped,” and sold to an owner occupant.
What is an earnest money deposit?
An earnest money deposit is also frequently referred to as a good faith deposit. When a buyer purchases a home, they provide the seller’s real estate company a deposit to hold in their escrow account. The primary purpose of this deposit is to show a seller you are serious about purchasing their home. The amount that is deposited is subtracted from the final figure that a buyer pays at the closing table. In most cases, the larger the deposit, the stronger a purchase offer looks to a seller.
What is a short sale?
As it is with the home buying process itself, it is essential you understand what a short sale is before getting yourself involved with it. A short sale is one in which a homeowner sells their house for a price that is less than the amount still owed on the mortgage. It can be regarded as a ‘distressed sale’ carried out when the current market value of a property is below the amount owed to a lender. The lender forgives the remaining balance of the loan.
The downside is that many short-sale properties are usually not in good condition. So, you must be patient and not in an immediate rush to move. Also, you can consider a foreclosure if it is still possible.
Do I Need A Real Estate Agent or Real Estate Lawyer?
To sell your home to Kindred Homes for cash, you do not need a real estate agent. Depending on the situation, if your house is still listed on the market with a real estate agent, you’ll likely still need to pay your agent’s commission.
In order for us to close in a timely fashion, you will need to have a real estate lawyer. If you have already moved, you can complete the closing at any local real estate attorney’s office and your check can either be mailed or directly deposited into your account.