Frequently Asked Questions About the Cash for Homes Process
If I enter my information, am I obligated to sell?
No. It would be ridiculous to expect someone to commit to selling a house without first seeing the offer. We give you a no-obligation offer. Only after you have seen the offer and decided that you like it will we move forward with any formal closing process.
What kinds of fees will I have to pay when selling my home?
There are no hidden fees when you sell to We Buy Houses Omaha. While a sale through a realtor will have realtor fees, closing costs, contingencies, title fees, and a bunch of other hidden expenses, we handle all of that. We bake those expenses into the offer that we give you. That simplifies everything, and what you see is exactly what you get from our cash offers.
How is the offering price for my house determined?
We don’t use any special tricks or tactics when we evaluate your house. We use the tried and true methods that have been used in real estate for many years. We compare the details of your house to the market at large.
More specifically, we’ll look at the size of your lot, the square footage of your house, the floor plan, the number of bedrooms and bathrooms, and all of the other details you see in most real estate listings. We’ll compare them to similar houses in your neighborhood and across the Omaha region.
We’ll then take those prices and cross reference them with the condition of the home. We plug all of that into our nifty formula, and that is how we calculate the offer that you see. It’s basically our assessment of the home’s value minus any work it definitely needs.
What do you do with the home after you purchase it?
To be as transparent as possible, we try to make a profit off of your house after we buy it. Most of the time, that requires us to either flip or rent the house. If we think we can add a lot of value to the home, we’ll flip it. In other cases, renting it might prove the better option.
Can I sell my home if I am behind on the mortgage?
Yes. It is vital to understand that you have this right. As long as you still have the deed or title to the house, you can sell it, and in many cases, it’s the best way to get out of a tough mortgage. Even if you’re up against tight deadlines, we can work fast to help you sell your home and get cash. You’ll be able to settle the mortgage, and any money left over after you pay the debt is yours to keep.
How long does it take to sell my home?
For the most part, you get to determine the pace of the sale. We want you to feel comfortable throughout the process. As specialists in buying homes, we can offer incredibly fast closing times for anyone who needs it. From the time you contact us, we can close on your house in as little as 48 hours. If you’re not in a rush, we’re happy to slow down and match a pace that works for you.
Do I have to move out right after selling my house?
No. Part of the process involves conversations. We’ll talk to you about when you want to move and work with you to build a fair schedule that accommodates your needs. We can close on the house before your move-out date if you need. If you’re not under any external pressure, we can plan the closing around your desired move-out date. It’s all flexible, and we’ll make sure you understand the timeline before you sign any contracts.
Can I sell my house if I live out of state?
Yes. One of the easiest ways to sell a house while you’re out of the state is to involve local experts. That’s us! We’ll happily take you through the process and make everything as easy as possible.
What types of houses do you buy?
We buy all kinds of houses, and by that, we mean every kind of house. We regularly buy houses that are condemned, and we’ll happily buy houses in better repair than that. We’re happy to buy houses across the whole spectrum. Whether it’s in good standing or foreclosure, or there are any other complications, we’ll still make an offer. As long as you’re legally allowed to sell the house, we’re interested.