SELLERS: 302-355-5961
BUYERS:  302-295-7111
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FREQUENTLY ASKED QUESTIONS
  Sellers
   
  1. What is the process if you were to buy my house?
  2. Why shouldn't I just list with a realtor?
  3. Do you buy properties that need extensive repair?
  4. Do you buy properties that have little equity?
  5. How quickly can you buy my house?
   
  BUYERS
  1. What exactly is a lease option?
  2. What is the process for me to lease option a property?
  3. What if I have bad credit, can I still buy a home?
  4. Can I make modifications to the home (i.e. paint, home improvements)?
  5. How much of a down payment do I need?
 

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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