Are you real estate agents?
No, we are investors that are looking to buy your property. .Real estate agents “list” properties and charge you a commission to sell it and do so on a “best efforts” basis. There are no guarantees, if, when and how much they will sell your property. On average, it can take months to sell your propert and some take over a year! This uncertainty can cause you great stress and anxiety and you only get your check after your property sells. You do not even know how much your check will be until that time.
We do not "list" your property, we buy it. We do not charge you any fees or commissions. We can make you a fast cash offer in as little as 48 hours and ensure a fast, hassle-free, stress-free sale!
Will you pay me retail value for my property?
First, the amount a real estate agent tells you is the value of your property may not be what you will put in your pocket. Commissions to the agent can even as much as 6.00%. Your closing costs can be as much as 4.00%
Second, you might be required to do a number of repairs to satisfy the buyer if you list it with an agent. These repairs could cost thousands of dollars.
Third, you may be making loan payments which may amount to thousands of dollars as you wait for it to sell. Not forgetting the cost of your money tied up in the property, which could be making you money, somewhere else.
Fourth, you almost never sell your house at the original listing price as periodic decreases are the industry standard
In other words, the amount your real estate agent tells you your house is worth could be thousands of dollars less than you put in your pocket by the time your agent sells it, figures in your holding costs, repair costs, commissions, selling costs etc. etc.
We will make you a fair offer once we assess your situation and see your property. Our commitment is to make make this a fast, stress-free and happy experience.
How quickly can you buy my home?
While each case is unique, many times the transaction can be handled in as little as 14 days, assuming there are no problems on the title.
My house is in need of repairs and/or I owe back real estate taxes. Can you still buy it?
Yes we can still buy it. We will bring thereal estate taxes current upon closing and will do the repairs after we own it.
What is a private mortgage?
A Private Mortgage is a security instrument for real estate loans. The specifics of the loan are detailed in a separate promissory note, and the private mortgage is recorded at the county recorder's office. The Private Mortgage serves legal notice to the world that the subject property is pledged to secure a loan. Our marketing name for Private Mortgages is Smart Capital Opportunities in Real Estate (SCORE).
How do I know I can trust you?
The good news is: It does not take a leap of faith and there is no guesswork involved here. We inform you on all of the following before you invest:
Can I participate in the profits of a “fix and flip” home?
We have many ways to satisfy this request but the simplest way is to be involved with one of our properties in our Partners of Profitability Program. (POP)
Can I use the money in my IRA to be involved with any of your programs?
Yes, with one caveat: It must be through a self directed IRA. A self-directed IRA is legally no different from any other IRA. It simply indicates that you, the client, choose your IRA investments. You can invest your IRA funds in a virtually unlimited set of investments, except for those specifically excluded by law. The only general class of assets excluded by the IRS are life insurance contracts, collectibles, and capital stock in an "S" Corporation. You can verify that it's legal to invest your IRA in first mortgages by going to www.IRS.gov and searching for Publication 590. Once there, simply look up “prohibited transactions” in the table of contents.
This is not a new concept. You've been able to buy real estate (as long as it is not your personal property or mortgage) within your IRA since IRAs were created over 35 years ago. However, many financial professionals limit investment choices to funds and products for which they'll earn a commission.
Call us for more details on this and we can help point you in the right direction so you maximize the returns on your IRA funds as well.
Am I allowed to use a real estate agent to buy one of your properties?
Yes, we work with agents all the time and are happy to accommodate you in this regard. We even pay up to 3.00% commission for their efforts. But it is important that we know you are being represented by an agent before we discuss price, terms or incentives attached to a property.
How can I know about your properties before the general public?
Simply send us an email giving us your request to be placed on our “Buyer’s List” and you will know about a property weeks before it is placed on the market.
Are all your properties for rent or lease/option?
Only the homes on our inventory listing that are marked “For Rent” or “Lease/Option” are available for this treatment. Our properties come available from time to time so continuously look for updates/
What does it take to be come a renter in one of your properties?
We have laid out a straight forward method in knowing what we expect from tenants and have placed all of that information in our FORMS section.