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Frequently Asked Questions

Are you thinking about selling your home for cash but you’re not sure what to expect? No problem! Let us answer your questions and provide you with clarification on our process. We realize that a cash home sale is not for everyone, so we strongly encourage all of our customers to be well-informed.

Below are some of the most frequent questions we hear from customers. If you have a question that is not answered below, feel free to give us a call or send us an email and we’ll clear up any confusion!

Q: Is my North Carolina home going to be listed on the MLS?

A: No, it is not. We are NC cash home buyers – not realtors. Therefore, we are not listing your home for sale. We plan on purchasing your home and making the necessary repairs and updates before selling it to a new owner.

Q: If I sell my house quick in NC, will you pay a fair price?

A: Yes, we will. But, do be aware that what we buy your home for is not the same as what you can sell it for. We buy homes for cash in NC below the market value so that we can resell it to a new owner and make a profit. If your home is in foreclosure, we’ll try to negotiate a discounted price with the lender. This way, they get the home off their back and we get a reduced price.

In turn for these savings, you get a no-hassle process that includes a fast cash offer, quick closing time and no need for repairs or updates. Many of our customers find that our cash offer is close to what they would end up getting out of a traditional sale after all commissions and fees.

Q: How do you determine your cash offer?

A: We are an open book when it comes to our offers. Never hesitate to ask why we come up with the numbers we do. When we buy houses fast in NC, here are the factors we take into consideration:

Location. Where is your home located? Is it in a desirable location with good schools? Is the neighborhood accessible to major roads? Attractive communities have higher property values.

Condition. What types of repairs does the property need? We will take care of all repairs – it’s not a problem. We even take homes with foundational issues, water damage and fire damage. However, this will affect what we offer on the home.

Comparables. We also look at what comparables are selling for. Fortunately, the NC housing marketing is improving, and houses are going for a lot more than what they were during the housing crisis.

Q: What are the costs to work with you?

A: There are no fees or commissions to use our services. We’ll make you an offer, and if you accept it, we can continue with the closing process. In fact, we try to pay all closing costs so that you can keep more of your cash offer.

We make our money by buying your home for less than fair market value. When we fix it up, we’ll sell it to new owners for a profit. We do not make money by charging sellers. At closing time, we get the property and all of its risk and you get the cash.

Q: How are you different from a real estate agent?

A: We are very different from real estate agents. Realtors list properties and try to sell them for top dollar. The average selling time in North Carolina is about 3-6 months, though it can be much longer depending on the home, its price and its local market.

Because realtors provide you with their time and expertise, they charge a fee for their services, which is usually around 3-6%. At Jay Buys Houses Fast, we buy houses for cash in NC. We are the buyers, which means we assume all risk.

Q: Am I obligated to accept your offer?

No. You are never obligated to continue with us. All consultations, viewings and cash offers are completely free and no obligation. We understand that selling your home is a big decision and you should never feel pressured to complete a cash sale.

Tell us about your property, and we’ll set up a time to see it. From there, we’ll provide you with a cash offer and you can decide to accept it or not. It’s 100% your decision – we support you either way.

Want to see what our house buyers in NC will offer your home? Contact us today to get a no-hassle, no-obligation offer.

 

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5 Ways To Stop or Avoid Foreclosure In Today’s Market – FREE Guide:

Need more information on the foreclosure process and How To Stop Foreclosure?  Download our FREE Stop Foreclosure Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners avoid foreclosure or sell unwanted properties for cash.

Click on i need to sell my house asap to learn more about how we buy houses in Newport, NC and other nearby cities.