For property sellers, browse our frequently asked questions and let us know if there is anything we can do to be of greater assistance. Our staff would be happy to answer any lingering questions, Monday-Friday, 9:00am-5:00pm.
Q: Will you be listing my house on the MLS or actually buying it?
A: We are not agents, and we don’t list houses. We are professional home buyers. We buy houses that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental for the organization.
Q: How is my offer calculated?
A: We have many variables that we use to help calculate the best offer for your property. Some variables that we use include the location of your house, the amount of repairs that need to be done to the house, and the value of other houses in the area compared to your property.
Q: Do you pay full price for properties?
A: The properties we purchase are typically below market value. We do this because our profit margins are tight, after considering the needed repairs, listing costs, management and upkeep costs. We are looking to get a fair discount on a property, however, we are willing to pay what we believe are premium prices. In our experience, many sellers aren’t necessarily expecting full sticker price on the property but rather appreciate that we can offer cash, we close very quickly, and no time or expense is required on your part to repair the property or pay an agent any fees. If you see the value in getting your house sold fast, we can come to a mutually beneficial price. If not, our no-obligation consultation means that you don’t have to move forward with the offer we give. But it’s good to know what we’re offering!
Q: How long does it all take?
A: It can take as little 7 days if you’re ready to move. If you require additional time to vacate the property, we can work around your schedule. We understand that not everyone’s circumstances are the same, and in some cases, properties are being sold to meet a financial obligation. If you are in such a scenario, we’ll do our best to make the process as expeditious as possible.
Q: How are funds delivered?
A: Funds may be delivered in the form of a bank wire or check. The transfer will occur at the time of closing.
Q: What’s the catch?
A: There is no catch. We’re offering cash for your property.
Q: Should I prepare my property before the appointment?
A: It’s really not necessary to prepare your property. In many cases, the properties being sold to Seraphim have been burning a hole in owner’s pocket for considerable time. Whether due to a lack of time, or loss of interest, you shouldn’t feel any need to do any additional improvements.