FAQ on Selling Your Charleston Home for Cash
If I enter my information, am I obligated to sell?
No. We deal in no-obligation cash offers. When you fill out the form or talk to us on the phone, none of that constitutes an obligation to sell. We will come to see the house and then make a formal cash offer in writing. When you receive that offer, you are still not obligated to sell. If you commit to selling after receiving the offer, we will draw up the paperwork. Only after signing that paperwork are you legally committing yourself to selling the house.
What kinds of fees will I have to pay when selling my home?
There are no hidden fees when you sell to us. When we make the cash offer, we account for closing costs, expected repairs, and everything else. The offer we make you is the cash we will pay for your house directly. You will be obligated to pay off any remainder on your mortgage with that cash price, but we will not deduct any money from the price we offer.
How is the offering price for my house determined?
We evaluate the house just like any expert in real estate would. We look at the floor plan, neighborhood, and condition of the home. We compare that to the greater market and come up with a total. We subtract from that based on how much work we think the house needs, and then we use that to calculate our offer.
What do you do with the home after you purchase it?
What we do mostly depends on the situation around the house itself. In many cases, we perform repairs and flip the house. Other times, we will end up renting the house out to a tenant.
Can I sell my home if I am behind on the mortgage?
Yes. In the state of South Carolina, you are allowed to sell your home and settle the mortgage all the way until it is put up for auction by the courts. From the first day you miss a payment, you have a minimum of 120 days before judicial foreclosure proceedings can begin. Once they begin, the amount of time you have left depends on the court. Ultimately, they will give you an auction date, and you have to be out of the home by then. If you can settle the debt before then, foreclosure is stopped, and you can sell the house to settle the debt up to that point.
How long does it take to sell my home?
We can buy your house in as little as two days. From the time you contact us and let us see the home, we can usually close on the house in a single business day. If you aren’t in that much of a hurry, we’re happy to slow down and match your timeline.
Do I have to move out right after selling my house?
No. We aren’t buying your house to move into it ourselves. That gives us flexibility. When we draft the paperwork to sell the house, we’ll discuss a move-out schedule with you. Once both parties agree on the date, we’ll put it in writing so that you are guaranteed enough time to move on your terms.
Can I sell my house if I live out of state?
Yes. We regularly work with homeowners who do not live in South Carolina. Our familiarity with laws and procedures in the state allows us to handle all of the paperwork and red tape for you. We’ll need to see the house to make you an offer. As long as that is possible, we can work with you to figure out a means to pay you, so you can potentially complete the sale without stepping foot in the state.
What types of houses do you buy?
We buy all kinds of houses. Whether the house is brand new, in disrepair, or genuinely condemned, we are still interested in buying it. As long as you are legally allowed to sell, you can get a no-obligation cash offer on your house.