What is the process of selling a house to Lord and Hearth?
Tell me about your property by filling out the form and scheduling a brief phone call to discuss the situation and property. I may request loan payoff amounts, lien balances, HOA stipulations, etc.
Meet at the property and discuss the situation in further detail. Do a walk through, take photos, and give you a fair cash offer.
Finalize our agreement and include a 30 day inspection/due diligence window. Escrow is opened.
One additional visit to the property for buyer partners and contractors, if necessary.
Closing day with a local title company.
What if I live out-of-state?
We will simply communicate via phone and email. Please consider having a trusted associate provide access to the property. When we reach the point of finalizing the agreement, I will be on the phone with you to answer any further questions.
How do I know if I am getting a fair price for my home when selling it for cash to an investor?
When it comes to selling a home for cash, it is important to make sure you are getting a fair price. Fortunately, there are several ways to research the local real estate market and determine the approximate value of your house, such as exploring historical sale prices in the nearby area or looking at current listings online that compare to your home. At Lord and Hearth, you are already working with a licensed real estate appraiser who knows the current market conditions and can provide the most appropriate offer for your property.
What is the difference between Lord and Hearth and the other companies online?
While I can’t speak for other companies online, I am a local real estate professional and aim for a win-win situation. I know there is a lot of concern about scammers and low ball offers. This is a big decision; I encourage you to consult a few investors so you feel certain you are getting the best deal and the best service. Trust your gut.
What is the timeline to sell? Will I have time to get my affairs in order?
Absolutely. It is important to note that the closing date and time frame of the sale are negotiable between both parties. Selling a house for cash to an investor can typically take anywhere from five days to 30 days in today’s market. While the speed at which a potential investor can purchase the property may be enticing, it is still recommended that all parties involved exercise due diligence to protect any legal interests.
What are some benefits of selling my house for cash to an investor?
Speedy Sale: Cash sales typically close faster than traditional sales with financing contingencies, as investors have the funds available to buy your home immediately.
Convenience: Selling to an investor can be more convenient than listing your home on the market, as you don’t have to worry about repairs, staging, or showings.
No need for contingencies: Since investors typically buy homes “as is,” there is no need for contingencies or repair negotiations, which can simplify the sale process.
Avoiding foreclosure: If you’re facing foreclosure, selling your house for cash to an investor can help you avoid damaging your credit and losing your home to foreclosure.
No real estate agent fees: When selling to an investor, you can save on real estate agent fees, which can typically range from 2% to 6% of the sale price.
Cash offers: Cash offers can help you negotiate a better deal with the investor, as they are typically more attractive to sellers than offers with financing contingencies.
More certainty: When selling to an investor, you can have more certainty that the sale will go through, as financing contingencies are not a concern.
Will there be any unexpected costs or complications?
My goal is to operate with full transparency and keep you informed at each step during the process. The more information you are able to share with me upfront regarding the property and any liens, etc, the more smoothly things will go. The condition of the property is a major factor in the transaction and no repairs are expected to be completed prior to the sale. Please bear in mind, the AS IS value is reflected in the offer price.
Does Lord and Hearth buy all types of homes?
Lord and Hearth buys residential homes (single family detached, attached, condo, townhouse, and patio homes) as well as vacant lots. We do not buy commercial properties, mobile homes or timeshares.
Does Lord and Hearth buy a home pending foreclosure?
Absolutely! However, if you are near the end of the foreclosure process and an auction has been scheduled, you will need to retain a lawyer to stop the foreclosure.
Does Lord and Hearth buy tenant occupied homes?
This is handled on a case by case basis; we would need to consider the lease agreement, payment history, and review the tenant screening criteria used to qualify the current tenants. Let’s talk about it!
Does Lord and Hearth facilitate Lease Option or Rent-to-Own opportunities?
Yes. Lord and Hearth can help structure creative financing opportunities. Our goal is to help you find the perfect property solution.
Do you pay fair prices for properties?
If we did not pay fair prices, people would not sell us their house. Many of the houses we purchase are below market value due to the property condition. If your property needs major repair work, we cannot give you top dollar for your neighborhood.
We always give fair offers with no-obligation, no hassles, and no 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. It will not cost you anything to find out exactly how much we will offer for your house.
How do you determine the price to offer on my house?
The offer price is determined by performing a comparative market analysis on the neighborhood, looking at recent comparable sale prices, and factoring in the details of your unique situation.
Are there any fees or commissions to work with you?
We do not charge any fees or commissions. The sales price that we agree upon will be the net proceeds that you receive on the day of closing.
How are you different from a real estate agent?
Real estate agents list properties on the MLS for the highest price they believe the property can fetch, facilitate the staging and showing of your home, and market the property online. Repairs may be necessary, showings are frequent (if priced well) and the timeline can be long. Agents charge a commission that can ad up to several thousand dollars for this process and the buyers may or may not be 100% ready to buy.
That’s where we are very different. Lord and Hearth is actively looking to purchase homes with cash / verified funds in an AS IS condition. We try to make selling your house easy and low-cost. The goal is to help you find the perfect property solution.
Is there any obligation when I submit my info?
You will have zero obligation to accept our offer. We will give you our offer. Then we’ll answer any questions you may have. After that…it’s up to you.
Lord and Hearth works hard to create an offer that is win-win for both parties. We want our offer to help you get out of a tough situation. We buy property in “As Is” condition to expedite the process and save you from having one more thing to worry about.