SELLERS
What is the
process if you were to buy my house?
There is a straightforward 4 step process towards purchasing
your house.
- STEP 1:
We first need to gather some property information such as
outstanding mortgages, payments, etc. This can be quickly
initiated by filling out the sellers form online or by
calling 1-866-DE-INVESTORS.
- STEP 2: We'll review the information and setup a time to
meet you in person and tour the property. You'll have an
offer within 24 hours of meeting us. If one of the solutions
works for you, we'll write-up and sign the agreement.
- STEP 3: We'll next proceed with a title search and
prepare the documents. In addition, we will setup a time
with you to close on the property.
- STEP 4: We'll sign the final paperwork (usually
takes 20-30 minutes)
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Why shouldn't I
just list with a realtor?
You could. However, most
realtors simply list homes on the MLS and let it ride. This
usually takes 3-5 months from the time the home is listed to
close. if your house is in poor condition, it may never sell
at all. On top of that, you'll have to pay the 6-7% commission
for the privilege. OF course during this time, you are
paying principle, interest, taxes, insurance and maintenance.
There are much better ways! Let us solve your problem today!
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Do
you buy properties that need extensive repair?
Yes. We have a crew of extensive contracts ready for any
challenge at any moment. We have seen homes in pretty poor
shape, and successfully worked with the seller to come up
with a solution.
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Do
you buy properties that have little equity?
Yes. We commonly work with sellers that have little or no
equity. We've been told that we were the only solution
available that didn't cost them any money. Given your specific
situation, we'll share with you several different options.
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How quickly can
you buy my house?
As quickly as a few hours. Depending on what solution we mutually
agree upon, we can settle in as little as 3 days or longer if
needed. We typically do not require appraisals or property
inspections, these just slow the purchasing process down.
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BUYERS
What
exactly is a lease option?
Simply stated, a lease option allows you to move into a
beautiful home in a nice neighborhood today, and apply for
financing later. During this time you are building equity and
repairing your credit. Specifically, it is a lease on a home
(up to 36 months) with the option to buy the home at a
pre-determined price.
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What is
the process for me to lease option a home?
There is a straightforward 6 step process towards lease
optioning a home. This program is designed for people that
truly want to be homeowners, not renters. We want you to
buy. From start to finish is only a few days.
- STEP 1:
You first need to put your name on our
Buyers List. Properties move so
quickly,
may times they do not even appear on our website. This way,
based on your property criteria, we can notify you
immediately when a property becomes available. You can also
call us directly at 302-295-7111.
- STEP 2: Drive by the homes that interest you. Our suite
of homes is available for viewing in our
Showcase Properties
section. Give us a call for those properties you would like
to see further.
- STEP 3: We will setup a showing with you and at the same
time gather some financial information and discuss with you
your options.
- STEP 4: Our homes are in move-in condition, so once
you've toured the beautiful home you will ask "Where do I
sign?"
- STEP 5: We'll next discuss the specific price for the
home and monthly payment based on your specific financial
conditions.
- STEP 6: After the paperwork is signed, you can move
right in.
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What
if I have bad credit, can I still buy a home?
The lease option program is designed for people like yourself.
We understand everybody goes through hard times in life. We
work with people that have gone through bankruptcy and
foreclosure. The lease option program allows you to move into
your home today while repairing your credit, and obtaining
financing later.
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Can I make
modifications to the home (i.e. paint, home improvements)?
Yes. As far as we are concerned this is your home, and we want
you to have the flexibility to treat it as such. What we do
ask is that you notify us and all work is done by licensed
contractors.
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How much of a
down payment do I need?
It depends on the home
and your specific financial situation. There is no set rule,
but we work with you to find a solution that will fit. The
homes we sell generally require between a $3000 - $10,000
option deposit. We are flexible as far as where the money
comes from (cash, credit card, family, etc).
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