Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us or call us at (865) 999-0025 and we’ll be happy to answer it for you. Also, check out our resources page with tons of free information and guides about our home buying process.
Table Of Contents
- Who are you?
- Is a “we buy houses company” right for me?
- How do I get an offer?
- How long does it take to get an offer?
- What if my house needs repairs?
- I’m facing foreclosure. Will you still buy my home?
- Do you pay fair prices for properties?
- How do you determine your offer?
- Are there any fees or commissions to work with you?
- How are you different from a real estate agent?
- Is there any obligation to get an offer from you?
- What types of properties do you buy?
- Does selling my house to Nexus Homebuyers cost anything?
Q: Who are you?
A: Nexus Homebuyers was founded by Matt Bigach and Zachary Tetley and we are the two principal operators of the company. We have an excellent support team composed. You can learn more about our team on our company page.
A: Ultimately, that is up to you to decide if working with a cash home buyer like Nexus Homebuyers is the best decision for you and your family. The majority of homeowners we work with are not desperate to sell their homes or are not trying to avoid foreclosure. Most of our clients have had a bad experience listing their home, don’t want to deal with the hassle of making the repairs, or don’t want to deal with showings, long contracts, and the other hassles of listing.
A: Each situation is unique, but we pride ourselves on being able to make accurate and fair offers within 24 hours on a business day.
A: That’s ok. We buy houses in “as-is” condition. Which means you don’t have to make any repairs.
A: Yes, as long as the foreclosure has not been finalized (the bank owns it), we can make you an offer.
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
A: Great question, and 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 the 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.
A: 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 us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and often with cash in your hand).
A: 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 3-6% of the sale price of your house (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 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’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. 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 a couple days (sometimes the same day). 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 (which is the hard part in this market).
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit 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 house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
A: Nexus Homebuyers buys residential homes, condos, land, mobile homes, townhomes, duplexes, triplexes, quadplexes, apartment complexes in any condition!
A: No. There is no upfront investment from you. There’s no service charge, commissions, or closing costs when selling your property to us. We also don’t require you to make any repairs to your property.
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