FAQ About Selling Your Philadelphia Home for Cash
If I enter my information, am I obligated to sell?
No. Sending us your information does not in any way obligate you to sell your home. Until you sign over the title to your house, you’re free to change your mind at any point in the process. You can just as easily decline our offer as accept it. Filling out our form simply allows us to contact you so we can learn more about your goals for the sale and schedule a time to view your property.
What kinds of fees will I have to pay when selling my home?
None! That’s one of the major perks of working with our team. When you sell your home to our real estate investors, you won’t pay a commission on the sale, nor will you pay closing costs, inspection fees, or any other fees whatsoever. We perform every step of the process in-house, so we can save you as much money as possible.
How is the offering price for my house determined?
We appraise properties just as a traditional appraiser would. We consider the current condition of your home, the location, the size, and the value of similar properties that have recently sold in your area. Current real estate market trends also factor into our offering price, as do any upgrades you’ve made to the property.
Keep in mind that the offer we make is based on the fair market value of your home in as-is condition. If your house requires repairs, the projected cost of that work will factor into the final offer we’re able to extend since we’ll be handling all necessary repairs and renovations after the sale.
What do you do with the home after you purchase it?
That really depends on what makes the most financial sense for our team. We’re real estate investors, so our end goal when purchasing a home is to make a profit off of it. If the house needs work, we’ll take care of any necessary repairs or remodeling first. Once the work is done, we’ll either rent the property out, list it for sale, or sell it to another investor. We have several options.
Can I sell my home if I am behind on the mortgage?
Yes, you can sell us your house even if you’ve fallen behind on your mortgage payments. We’ve worked with many homeowners in similar situations because our simplified process allows us to conduct a rapid sale. We’ll ensure you’re able to sell your house fast so you can get the money you need to catch up on your mortgage payments and avoid losing your home to foreclosure.
How long does it take to sell my home?
Our entire process centers around your needs and current situation, so the amount of time it takes to sell your home is ultimately up to you. When you reach out to our team, we can have an offer in your hands in as little as 24 hours after our initial conversation. From there, the sale timeline is in your hands.
If you need to sell your house fast, we can close the sale in just a few days. If, on the other hand, you need time to consider our offer or organize your move, we can be flexible. Just let us know what you need, and we’ll schedule a closing date that works for your situation.
Do I have to move out right after selling my house?
Nope! When you sell your house to We Buy Houses Philadelphia, you’re selling to a team of real estate investors who truly care about your needs. We understand that no two homeowners are in the same situation, so we’ve structured our process to be as flexible as possible when it comes to sale and moving dates.
When you contact us for an offer, simply let us know that you won’t be ready to move out of your home immediately after the sale. We’ll do our best to create a move-out timeline that accommodates your needs.
Can I sell my house if I live out of state?
Yes! We’ve worked with many people who own homes in the Philadelphia area but don’t reside in Pennsylvania. Our local office can coordinate all of the sale details remotely and securely to make the sale work for you.
What types of houses do you buy?
We buy all types of houses, no matter what kind of condition they’re currently in. We purchase new houses, old houses, outdated houses, condos, duplexes, single-family homes — if it’s zoned as a residential dwelling unit, we’re interested in buying it. Even if your house needs tons of work, and you’re worried you can’t sell it, we’re willing to make you a fair cash offer to purchase your home.