FAQ'S
COMMON QUESTIONS
Here is a list of frequently asked questions and answers. If you still have additional questions, please feel free to email us or call us.
- How Can You Buy Quickly?
- How Does This Process Work?
- Do You Pay Fair Market Value?
- Information You Should Know?
- What Type Of Property Do You Buy?
- Do I Have To Pay A Commission?
- What If I'm In Pre-Foreclosure?
- What If My House Is In Really Bad Shape?
- I Have My House Listed With A Realtor?
- What Is The Best Way To Start Process With Us?
How can you buy quickly when it usually takes forever to close on a House?
We are full time real estate investors that have the money sitting and waiting to be used for purchasing Properties. We do not need a bank or lender to borrow money to complete a purchase. We also work with title companies that understand your need and are able to close quickly.
How Does This Process Work?
Its simple. Call us direct at or fill out the home information form, which electronically submits your data to us. We will contact you to discuss the property. If there is a potential win/win situation, we will discuss potential offers and set up an appointment. We believe this is the fastest way to conduct business with today's technology.
Do You Pay Fair Market Value? How Do You Determine The Price You're Willing To Pay?
It all depends. Considerations include the condition of the property, amount of repairs the home needs, and terms for payment. In today’s unstable market, many sellers hire a realtor without calculating the cost. The difference between a realtor and Real Time Investments is that a realtor will list your house and hope to sell it and you never know what you will be getting or when. With us you will know exactly what you are getting and you’ll close on the date of your choice.
YOU SHOULD KNOW:
When using a realtor the actual cost is about 10% of the actual selling price which includes a 7% commission and approximately 3% for closing costs. Where Sellers get fooled is that houses rarely get sold in today’s market for the listing price. If you list it too high, you get fewer appointments because home buyers want a discount. If you use a discount broker at 2% or some other realtor strategy to get your listing, then you get fewer realtors from the multiple listing service that want to show your house because they’re getting a discounted commission and they can sell a different house and get a full commission. Of course, the other issue of using a realtor is that you usually have to wait while your buyer gets qualified and many times that doesn’t happen. I know from personal experience – I’ve used a realtor and sold the same house three times before the closing actually took place and had to pay the mortgage, taxes, insurance and utilities for six more months. And finally, most banks are going to insist on a home inspection report in addition to the appraisal and you may find yourself saddled with very expensive repairs while you’re continuing to pay your mortgage and hoping for a closing date.
I Have My House Listed With A Realtor What Can I Do?
In today’s market, most sensible realtors will waive their fee or reduce it significantly if you (the seller) find your own buyer. It is beneficial for you to fill out the form and move forward because in some cases Real Time Investments can give you option money up front to buy our home. This is one of the many solutions we provide which gives you the money you need now and allows the realtor to keep the listing until it expires.
What Type Of Property Do You Buy?
We buy single family homes, duplexes, apartments, condos, townhomes, mobile homes and land.
Do I Have To Pay A Commission?
There is no fee, no commissions and in most cases, no closing costs for our service. In fact, if we can't help you, we will give you the benefit of our years of experience and try to point you in the right direction for any professional service you might need.
What If I'm About To Go Into Foreclosure?
If you act FAST – we can stop it and possibly preserve your credit. We cannot help you once a foreclosure has been filed against you. A foreclosure will impair your ability to buy a home in the future. There are other alternatives to selling your home when facing foreclosure. Your needs and the circumstances surrounding your situation will help us determine together what the best solution is for you.
What If My House Is In Really Bad Shape?
That’s OK. If we can determine up front that we can make a profit then we’ll buy it and our agreement will be specifically marked “as is”.
What Is The Best Way To Start The Process With Us?
Although we have two options for you to start the process with us (by phone or online form) we prefer
that you complete the online form so that we can review the information and then follow-up with you; that way we can start off in the right direction immediately. If you'd like to call us by phone that is fine as well.
