Frequently Asked Questions
Answers to Your Most Common Questions About Selling Your Home
At Neighbor Joe Buys Houses, we understand that selling a property can feel overwhelming. That’s why we’re committed to providing clear, straightforward answers to help you make the best decision for your needs.
General Questions About Neighbor Joe Buys Houses
Who is Neighbor Joe Buys Houses?
We are a trusted, local home-buying company specializing in providing cash offers for homes in any condition. Our goal is to simplify the selling process and give you peace of mind.
Why should I sell to Neighbor Joe Buys Houses instead of listing my home?
Selling to us means no agents, no commissions, and no waiting for buyer financing. You’ll get a fair cash offer and a fast closing process tailored to your timeline.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. Here at Neighbor Joe Buys Houses, we are professional home buyers: We buy houses that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Agent | SOLD To Neighbor Joe Buys Houses | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast, let’s see if we can come to a win-win price for both parties. Our no-obligation pricing commitment 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 do you determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We’ll let you decide what’s right for you.
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Selling Process
How does the process work?
Our process is simple and streamlined:
- Submit Your Property Information: Provide details about your home via our website or contact form.
- Receive Your Offer: After reviewing your property, we’ll send you a no-obligation cash offer.
- Close Quickly: We’ll work with you to close on your schedule, often within 7 days.
How long does it take to get an offer?
You’ll receive a fair cash offer within 24 hours of submitting your property information.
Financial Questions
Will I have to pay any fees or commissions?
No. When you sell to Neighbor Joe Buys Houses, you won’t pay any hidden fees or commissions.
How much will you offer for my property?
Offers are based on your property’s condition, location, and market trends. We ensure all offers are competitive and fair.
Situational Questions
What types of properties do you buy?
We buy single-family homes, multi-family units, condos, rental properties, and vacant homes.
Can you help if I’m facing foreclosure?
Yes. We specialize in helping homeowners avoid foreclosure by offering a fast, hassle-free sale.
What if I inherited a property I don’t want?
Inherited properties are no problem—we’ll guide you through the process and provide a no-obligation cash offer.
Benefits of Working with Neighbor Joe Buys Houses
What are the advantages of selling to Neighbor Joe Buys Houses?
- No Repairs Needed: We buy homes as-is, saving you time and money.
- Fast Closing: Close in as little as 7 days or on your preferred timeline.
- Simple Process: Avoid the complications of traditional real estate transactions.