Answers to Every Question You Have Before You Call
Straight answers organized by topic — from how offers are calculated to what happens if your property has complications.
The Offer & Pricing
Understanding how your cash offer is calculated.
Every offer starts with the After Repair Value (ARV) — what your property would sell for on the open market in fully repaired condition. We research recent comparable sales within your neighborhood to establish that baseline.
From the ARV, we subtract the estimated cost of repairs needed to bring the property to that condition, plus our holding costs (taxes, insurance, financing, utilities) for the time it takes us to complete the work and resell. What remains is the number we can offer you — and still make the deal work on our end.
We’ll walk you through this math when we make your offer. There’s no black box.
A cash offer is almost never equal to a top-dollar retail sale — and we won’t tell you otherwise. The trade-off is real: you accept a lower number in exchange for certainty, speed, no repairs, no commissions, and no showings.
For many sellers, the net proceeds after a traditional sale (minus agent commissions of 5–6%, repair costs, closing costs, and months of carrying costs) end up closer to a cash offer than the gross listing price suggests. We encourage every seller to run that comparison before deciding.
Where a cash sale genuinely makes sense: inherited properties, homes needing major repairs, sellers facing time pressure, rentals with tenant issues, or situations where certainty matters more than squeezing every dollar.
Yes. Our initial offer is our honest assessment based on available information, but we’re always willing to discuss the numbers if you have data we don’t — recent sales we may have missed, renovation work already completed, or other factors that affect value. Bring it to us and we’ll reconsider.
What we can’t negotiate around is the fundamental math. If repairs cost $40,000, we can’t simply subtract less than that and make the deal work. But where there’s legitimate room, we’ll find it.
Our written offers are typically valid for 30 days. After that, we may need to reassess based on any changes in market conditions or property status. There’s no pressure to accept immediately — take the time you need to make the right decision.
The Process
What happens between your first call and closing day.
Very little. Have the property address and a general sense of what condition it’s in. That’s it for the first conversation. We’ll do our own research — comparable sales, tax records, satellite images — before making an offer.
You don’t need to prepare documentation, pull permits, or organize anything.
We prefer to do a walkthrough — it allows us to make the most accurate offer possible and reduces the chance of post-inspection renegotiation.
For some properties, we can make a preliminary offer based on photos and available data, with a final offer confirmed after a brief in-person visit. We’ll tell you upfront which approach makes sense for your situation.
No. You only sign a purchase agreement once you’ve decided to accept an offer. There’s no paperwork required to receive an offer, schedule a walkthrough, or ask us questions about your property.
Property Condition
We buy houses in almost any condition.
We buy single-family homes, duplexes, multi-family properties, vacant land, and mobile homes on permanent foundations throughout the NC Triad. Condition range runs from move-in ready to properties with serious structural damage, fire damage, water damage, or years of deferred maintenance.
Properties we’ve purchased include:
- Homes with foundation or structural issues
- Fire or flood-damaged properties
- Hoarder homes and estates with belongings remaining
- Properties with code violations or unpermitted work
- Vacant properties that have sat for years
- Rentals in poor condition with or without tenants
No. Take what you want and leave everything else. We’ve purchased properties with decades worth of belongings still inside.
Don’t spend a dollar or an hour cleaning out a property before talking to us — we factor cleanup into our offer and handle it ourselves after closing.
Yes — tenant-occupied properties are common in our portfolio. We understand NC landlord-tenant law and work with sellers to structure transactions that account for existing tenancy.
Whether the tenant has a lease in place or is a holdover situation, we can typically work through it. Tell us the details and we’ll be straightforward about what’s possible.
Liens, Mortgages & Title
Complicated situations are often why sellers come to us. We’ve seen most of them.
Yes. Having an existing mortgage doesn’t prevent a sale — it’s standard. At closing, your mortgage gets paid off from the proceeds and you receive whatever is left.
As long as the property has enough equity to cover the outstanding balance and our offer, the transaction works like any other sale. We’ll confirm the numbers upfront so there are no surprises.
Liens are common and usually resolvable at closing. Most liens — tax liens, mechanic’s liens, judgment liens — are settled from the proceeds at closing through the title company.
We work with an experienced local title team who handles lien resolution regularly. Disclose what you know and we’ll work through the rest.
Yes — we can start conversations and structure a potential offer while the estate is still in probate, though we can’t formally close until you have clear authority to sell (executor status or letters testamentary in NC).
We can move quickly once that’s in place and often work with sellers to align our closing date with when the estate is ready. Many of our transactions involve inherited properties — it’s a common situation and not a barrier to working with us.
Possibly — it depends on where you are in the foreclosure timeline. In North Carolina, the foreclosure process typically allows several months between default and final sale. If you have time remaining before the scheduled trustee’s sale, a cash transaction can potentially stop the foreclosure and protect whatever equity you have left.
Call us immediately if this is your situation. Speed matters — the sooner we know the timeline, the more options are available. We’ve helped sellers in foreclosure and understand the NC process.
Closing & Payment
What happens at closing and how you get paid.
At closing, the title company handles disbursement. You’ll receive funds via wire transfer to your bank account or certified check — whichever you prefer.
Wire transfers typically arrive the same day as closing. Certified checks are available immediately at the closing table.
No. We cover all closing costs — title search, title insurance, recording fees, and transfer taxes typically paid by the seller in a traditional transaction.
There are no agent commissions, no administrative fees, and no deductions from your offer amount at closing. The number we offer is the number you receive (after any existing mortgage payoff, if applicable).
Typically 7 to 21 days from accepted offer to funds in your account, though we can often close faster if your situation requires it. The exact timeline depends on title clearance, any liens that need resolution, and your own readiness.
If you need an extended timeline — say, you’re coordinating a move or waiting on something — we’ll work with you on a closing date that fits your schedule. The control is yours.
Cash Sale vs Listing
Helping you make the right choice for your situation — even if that’s not us.
A cash sale tends to make the most sense when one or more of these is true:
- You need to close quickly — divorce, job relocation, foreclosure timeline
- The property needs significant repairs you can’t or don’t want to fund
- You’ve inherited the property and want a clean, fast resolution
- You have a tenant situation or other complication that deters retail buyers
- You’ve already tried listing and it hasn’t sold
- You want certainty — no fall-through risk, no inspection renegotiations
If your property is in good condition, you have 60–90 days to spare, and you want to maximize net proceeds, listing with a qualified agent is usually the right move. The retail market will typically yield more gross revenue — though after commissions, repairs, and carrying costs, the net gap is often smaller than sellers expect.
We’ll tell you honestly if we think listing makes more sense for your situation. We’re not interested in buying a property that a seller would regret selling to us.
I’m in a Specific Situation
We’ve built dedicated pages for the situations we see most often.
Inherited Property
Dealing with a property from an estate — whether probate is complete or still underway.
Learn more →Rental Property Trouble
Problem tenants, excessive maintenance, or a landlord role you’re ready to exit.
Learn more →Facing Foreclosure
Behind on payments with a foreclosure date on the horizon. Time-sensitive options.
Learn more →Major Repairs Needed
Roof, foundation, HVAC, fire damage, water damage — we buy it as-is.
Learn more →Life Transition
Divorce, relocation, downsizing, or a major life change that makes selling the right call.
Learn more →Can’t Afford to Fix It
Property in disrepair with no budget or capacity for renovation.
Learn more →