In addition to questions we frequently are asked by home owners, there are some other questions that people should ask us or any other home buyer but don’t, simply because are either afraid to ask or they just don’t know enough about the real estate business (we call these “should ask questions”). Be sure to ask these questions to anyone who is interested in buying your home. With each question, we’ve included an explanation as to why you should ask it along with our answer.
Are you planning on buying my house personally?
Explanation: Sometimes, real estate investors will make an offer on a house but will then pass the opportunity to purchase the property along to another investor when the homeowner accepts the offer (without telling the homeowner). The problem with this is that if the second investor decides not to purchase the property, the homeowner is stuck with the property.
Our answer: If we are not personally planning on purchasing your home, we will tell you this before we make an offer. We want our process to be very transparent so that there is no confusion on your part.
What will my experience be like if I work with you?
Explanation: Some home investors will disappear after their offer for a house is accepted, leaving the homeowner to wonder what’s going on. This can quickly lead to confusion and frustration.
Our answer: You will receive an update from us once a week from the time you accept our offer to the time the sale of your house is closed. We also provide you with our contact information and encourage you to contact us directly if you have any questions during the process.
How can I verify that you are a legitimate home investor and not a scammer trying to take advantage of me?
Explanation: Unfortunately, as in any other industry, there are people in the real estate investment business who operate in a less than scrupulous manner. Legitimate home investors should be able to provide references and examples of homes they have purchased, and they should never use fear tactics to pressure you into selling your home.
Our answer: We are registered with the Better Business Bureau and can provide references and testimonials regarding our excellent customer service.
What is the difference between you and all the other cash home buyers out there?
Explanation: Everyone likes to think they’re special, but the fact of the matter is that when it comes to home investors, it’s often the case that one is just like the next. Given that, it can sometimes be difficult to decide who to do business with.
Our answer: At RVA Property Solutions, we take a more educational approach to the process of purchasing your home than other home investors. We want to make sure you are aware of all your rights and options as a homeowner. If we don’t think selling your home to a cash buyer is the best option for you, we’ll let you know. Also, unlike some other home investors, we are local to the Richmond area. We live in this community and take an active interest in improving it.