FAQ
How is the offering price on my house determined?
At Frank Buys Houses, the process is straightforward and designed to be open and honest. I start by examining the location, what repairs are required, the overall condition, and the values of homes that have recently sold in the neighborhood. You likely know how the house values have dipped in recent years. I take this information and come up with a fair offer for your house.
What do you do with the home after you purchase it?
After I finalize the purchase and you sign the title, I send in my team of contractors to begin making repairs and renovations to the house. After this task is complete, I either sell the house or rent it out to individuals or families in the area.
What makes you different from other companies?
First and foremost, I am not a real estate agent. I am not looking to take a cut of the sale or charge you any hidden fees. I only want to help you with a cash offer. I will sit down with you and discuss your short- and long-term goals as a homeowner. I then work to make these goals become a reality with a quick cash offer.
Will you pay me what my home is worth?
The value I pay is based on the houses’ as is condition. That is part of why I am able to close quickly and efficiently, alleviating all the stress of selling a home.
What does it mean when you say that you will buy my house for CASH?
Exactly that; I pay cash for your property. Within 24 hours, I can make you a cash offer for your house. If you accept my “as-is” cash offer, Frank will close the house together within the week. You’ll have money in your account after you sign over the title.
Where will Frank close on the property?
Frank will close at a local title company of our choosing. I work with fantastic title companies in the area to ensure total convenience and satisfaction for you.
I currently live out of state. Is that a problem?
Not at all! I regularly work with homeowners who have already moved out of the state. If you are able to speak with me regularly, I can move the process along on your behalf.
What if I am behind on my mortgage?
I can still make you a cash offer. I have worked with homeowners in the past who were in the midst of foreclosure or who were behind on their mortgage payments. The money I offer you can be used to pay off your remaining mortgage and late payments, then the rest can be used for anything you like.
What are the steps to selling my home?
I have four simple steps to sell your house:
- Step 1 – Send me your contact and property information.
- Step 2 – Frank will arrange a meet-up to evaluate the property.
- Step 3 – You’ll receive our no-obligation cash offer within 24 hours.
- Step 4 – If you accept, I’ll buy your home at your earliest convenience.
How long does it take to sell my home?
It takes as long as you would like. In the past, I have closed within a week. Some homeowners are okay with waiting a full month or more, though. It all depends on your schedule and timeframe.
I am feeling overwhelmed by this process. What do I do?
Just let me know. I am here to make sure the entire process is as simple and streamlined as possible. If you’re overwhelmed or feel I am moving too fast, then do not hesitate to tell me. I am happy to slow things down and we can take our time with the cash home offer.
What will it cost me to have you look at my home?
Absolutely nothing! I’ll arrange a convenient time to meet and evaluate your property. I do not charge you any fees or even a commission on the sale of the house. You pay nothing!
Are you a real estate agent?
No, I am not a real estate agent. I am a real estate investor. The difference is that I am trying to better the neighborhood and improve the housing market in the area.
What kinds of fees will I have to pay when selling my home?
There are zero fees involved in my process. I am straightforward and honest about this. You pay nothing for my service. I pay you for your house; that’s all!
My house needs repairs. Is that okay?
Yes! I buy houses in any condition, including those in need of extensive repairs and renovations. I have a team of local contractors that I work with regularly who will handle the repairs on your behalf. You do not pay a dime.
What type of homes do you buy?
I purchase all types of homes, from duplexes to single-family dwellings. I even purchase apartment buildings and vacant lots. If you own property and want it gone, give me a call. I’ll make you a cash offer!