Our Frequently Asked Questions page on www.kkbuysindyhomes.com offers comprehensive answers to all questions related to Indy Home Solutions. We cover a wide range of topics, providing detailed insights about our fast house selling services in Indianapolis, the property conditions we work with, the process of receiving a fair cash offer, and more. The FAQ page is a fountain of information for those interested in our services, plus it offers clarification on how we help homeowners move on to the next stage of life with ease, eliminating all the usual stress involved in selling properties.
Maybe you have a few questions, about Indy Home Solutions. That’s perfectly normal; most individuals do. We have compiled a quick collection of some of the questions people often ask us in relation to Indy Home Solutions, along with our thoroughly considered responses. If there’s a question you still need answers to, don’t hesitate to get in touch with us at any time. We would be more than pleased to help clarify any concerns you may have about Indy Home Solutions.
Q: Are you a licensed real estate agent?
A: No, we function as real estate investors.
Instead of listing properties, we revolve around purchasing them directly. Consequently, we do not impose any commission fees. We extend a fair and upfront cash offer, which allows you immediate clarity on the selling price of your property.
In contrast, real estate agents list your home and incur a commission to facilitate its sale. The uncertainty with agents lies in their inability to provide a guaranteed timeframe or price for the sale of your house. Notably, properties can sometimes take many months, even over a year, to sell via an agent. In addition, agents ordinarily require property owners to undertake house repairs in preparation for sale presentations. This typically directs additional costs, stress, and time to the owner. Maintaining your house in impeccable condition for display and managing intrusions from potential buyers becomes part of the process. Furthermore, even if an offer is received, evaluations from an inspector and an appraiser could entail additional house repairs before progressing with the sale.
We provide a simpler alternative to this arduous process. You can bypass all this hassle by simply reaching out to us via phone or submitting our digital form. We will ensure the process is smooth and straightforward for you!
Q: Do you pay retail prices for homes?
A: While we do present a fair cash offer for your property, this is typically below the retail price. However, it could still leave you with an approximate amount of what you might make from a retail sale.
Here’s why…
Initially, the retail price does not directly translate to the clear revenue you receive. To accomplish a full retail value sale, enlisting an agent is necessary, and this can result in commission charges of up to 7 percent!
Next, many retail buyers commonly request sellers to cover up to 3% of their loan costs.
In addition, before even considering listing your home, an agent might require you to undertake several repairs to make it “market-ready.” After inspections, most buyers will likely ask for additional repairs before proceeding with an appraisal. These repairs come with a hefty price tag that could amount to several thousand or even tens of thousands of dollars, without any guarantee of an eventual sale.
Moreover, during the duration of the sale process, you will typically continue making mortgage payments. This money could be invested elsewhere to earn interest!
The hard-hitting truth: When you sell through the retail route, the net amount you pocket usually falls short by tens of thousands of dollars compared to your home’s selling price. Why not bypass the hassle and let us purchase your home in its existing condition? You could potentially get the same net amount!
Q: Can you help me if I am in foreclosure? A: Indeed, we are fully equipped to assist you if you are caught in a foreclosure situation. We recognize the complexities involved in foreclosure and are prepared to explore potential solutions with you. If we are unable to devise a plan to purchase your house—an action that will immediately halt foreclosure—please be assured that we are associated with other foreclosure prevention specialists who can step in. If foreclosure is a current concern for you, it’s essential that you act swiftly and reach out to us. Remember, in such circumstances, time is not on your side. We encourage you to contact us immediately!
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Indianapolis Agent | SOLD To KK Buys Indy Homes | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: What Happens if My Property is Foreclosed?
A: Regrettably, once your property has been foreclosed upon, our capacity to assist you ceases. It’s important to keep in mind that foreclosure does have long-lasting repercussions, including remaining as a blot on your credit report for a period of 7 years.
Q: How Fast Can you buy Houses? A: Utilizing our extensive expertise and capabilities, we are capable of moving quickly to acquire property within 5 business days. Furthermore, our flexible approach enables us to accommodate closings on any date you prefer – our primary objective is tailored offers that fit seamlessly with your specific circumstances.
Q: Can you still buy my house if it needs a lot of repairs? A: Absolutely! We can purchase your property regardless of any repairs it requires – and there’s no need for you to worry about cleaning it up yourself!
Q: DO YOU HAVE A ONE SIZE FITS ALL BUYING SOLUTION? A: No, we don’t believe in a one-size-fits-all approach. Instead, we commit our efforts to thoroughly comprehending your unique situation and tailoring a buying solution specific to your needs. Our all-cash options us the flexibility to adapt in ways that many others cannot.
Q: I DON’T HAVE ANY MONEY. WILL I HAVE TO PAY CLOSING OR OTHER COSTS OUT OF POCKET? A: Utilizing our extensive expertise and capabilities, we are capable of moving quickly to acquire property within 5 business days. Furthermore, our flexible approach enables us to accommodate closings on any date you prefer – our primary objective is tailored offers that fit seamlessly with your specific circumstances.
Q: HOW MUCH WILL I HAVE TO PAY IN FEES AND COMMISSIONS? A: None at all. There are no fees or commissions you need to worry about paying.
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 versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How fast can you buy houses?
A: Utilizing our extensive expertise and capabilities, we are capable of moving quickly to acquire property within 5 business days. Furthermore, our flexible approach enables us to accommodate closings on any date you prefer – our primary objective is tailored offers that fit seamlessly with your specific circumstances.
Q: Can you still buy my house if it needs a LOT of repairs?
A: Absolutely! We can purchase your property regardless of any repairs it requires – and there’s no need for you to worry about cleaning it up yourself!
Q: Do you have a ONE buying solution?
A: No, we don’t believe in a one-size-fits-all approach. Instead, we commit our efforts to thoroughly comprehending your unique situation and tailoring a buying solution specific to your needs. Our all-cash options us the flexibility to adapt in ways that many others cannot.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Indianapolis homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at Call us now! (317) 349-5035. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.
