Frequently Asked Questions – Billings, MT Home Buyers
If you have a few questions, check out this collection of questions that people often ask, complete with our answers. If you still have questions after reading through this Billings, MT home buyers Frequently Asked Questions, feel free to contact us. We’re happy to help out!
Q: Are you going to buy my house or list it on the MLS?
A: We’re not agents, and we don’t list houses. We’re professional home buyers who buy properties in Billings, MT, that meet our purchasing criteria. Once we buy your home, we’ll make the necessary repairs and upgrades and resell it to another homeowner or keep it as a rental property.
Q: Do you pay fair prices for properties?
A: We often buy houses that are below market value, and we’re looking for a fair discount on a property. We do this so we can resell it at a profit to another homeowner. Although this is the case, many sellers we work with aren’t looking for a large “windfall” when they sell to us. It’s more important to them that we offer cash, a quick closing process, and relieve them of the expense it would take to make repairs on their home before selling. If all this sounds good to you and you want your house sold quickly, let’s talk and see if we can come up with a fair, win-win price. You don’t have to move forward with the offer we make, and at the very least, you’ll have an offer to consider and compare to other offers if you want to shop around.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q: What’s your process for determining a fair offer on my house?
A: We’re glad you asked. At Homestead Properties LLC, we value transparency, and we’re happy to explain. When determining an offer for a property, we consider several factors, such as the property’s location, repairs that the property may need, the current condition of the property, and the values of comparable houses sold in the area recently. As you may know, house values have taken a huge hit in the last 5 years, and most areas haven’t recovered. We consider all of these pieces of information and come up with a fair offer that works for both parties. If you still have questions about how we determine our offer prices, feel free to reach out!
Q: Will I have to pay fees or commissions if I work with you?
A: No. There are absolutely NO FEES OR COMMISSIONS when you sell your house to us. This is one of the biggest things that set us apart from the traditional way of selling your house. We make an offer, and if you accept, we buy your house (and often pay for the closing costs, too!). It’s as simple as that. We make all our money after paying for repairs and selling the house for a handsome profit. We take the risk and responsibility of whether we can sell the house for profit or not. You get to walk away with cash and leave behind the financial burden of property ownership.
Q: What’s the difference between Homestead Properties LLC and a real estate agent?
Real estate agents list properties for sale and show them to potential buyers who may be interested. The process of selling a home, from listing to closing, can take as long as 6-12 months (and sometimes longer). In the sale of a home, the realtor takes a percentage of the selling price (usually 3-6%) as commission. As an example, if a house sells for $100,000, the seller pays between $3,000 and $6000 in commissions to the agent. Agents provide great service for those who have the time to wait 6-12 months (or longer in some cases) to sell their homes and can afford to pay commissions.
At Homestead Properties LLC, we’re not real estate agents. We’re a team of professional home buyers. We don’t list your home. When we buy your home, we pay all in cash. We decide quickly (within a day or a few days) that we want to buy your house and make our living by taking on the risk of purchasing the home with our cash, repairing it, and marketing it ourselves to find a buyer (the challenging part).
Q: Is there any obligation when I submit my info?
A: No. We guarantee a no-commitment, no-hassle offer. After we learn a few things from you about your home, we’ll set up a call to find out more. Then we’ll make an offer that’s fair for both parties. After that, it’s completely up to you whether or not you’d like to move forward. No hassle or pressure from us. You’re completely free to do what’s best for you.
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Learn The Pros and Cons Of Selling Your House To Local Professional Home Buyer– FREE Guide:
Download our FREE 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 sell unwanted properties for cash.
Get the FREE Guide and then give us a call at (406) 861-4229 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.