Frequently Asked Questions
Curious about how Russo Acquisitions can transform your property sale? You’re in good company. Below, you’ll find some of the most common inquiries we receive, along with insights that shed light on our trusted methods. Don’t see your particular question? That’s an invitation to connect! Drop us a message or call us — we’re ready to engage, inform, and assure you every step of the way. Your peace of mind starts here.
Q: Are you going to list my house, or are you buying it directly?
A: Excellent question! Unlike real estate agents, we don’t list houses. We’re direct buyers, meaning We buy houses Philadelphia that meet our purchasing criteria, we’ll buy it straight from you. After purchasing, we might refurbish it for resale to another homeowner or add it to our rental portfolio.
Q: Do you offer a fair price for properties?
A: We aim to purchase homes at a price point that allows us to profit by eventually selling to another homeowner or retaining it as a rental. This typically means buying below market value. However, many homeowners find value in our approach because we pay in cash, close swiftly without waiting for financing, and require no effort, time, or expense on your end to repair or prepare the property. No real estate commissions either. If a speedy, hassle-free sale at a fair price aligns with your needs, we’re eager to see if we can agree on a price that benefits both parties. Plus, our no-pressure offers mean you’re free to choose what’s best for you without any obligation.
Remember, our goal is to make selling your home as straightforward and stress-free as possible, providing you with a quick, reliable solution that fits your circumstances.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q: How do you calculate the offer price for my property?
A: We appreciate your curiosity and are happy to explain our transparent pricing method. Our evaluation is comprehensive, factoring in the property’s location, the extent and cost of necessary repairs, its present condition, and the recent sale prices of similar homes in the vicinity. Given the fluctuations in the real estate market over the past few years, with property values experiencing significant declines and many areas not yet recovering, our approach is thorough. We integrate all these elements to propose a price that’s fair and viable for both parties involved
Q: Will I incur any fees or commissions by selling to you?
A: Here’s where we differ from the traditional selling route: selling your home to us involves absolutely NO fees or commissions. If our offer aligns with your expectations, we proceed with the purchase. We often cover the closing costs, providing a smooth, fee-free experience. Our profit comes from any future repairs and the subsequent sale of the property, meaning we bear the risk of resale. Once we purchase your home, you’re relieved of its responsibilities and payments, and you could even leave with cash in hand !!
Q: What sets you apart from a real estate agent?
A: Our approach is fundamentally different from that of real estate agents. Agents list your property, hoping to find a buyer over time, which can often span 6-12 months, and they collect a commission of 3-6% of the sale price upon closing (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). This traditional route works well for those who have the time to wait and are willing to pay the commission for the agent’s services. However, we are not agents; we are direct buyers. We buy houses directly from homeowners with cash, which means we can move quickly to make an offer, often within just a few days or even on the same day. We take on the responsibility and risk of the purchase, including all repairs and the marketing effort needed to resell the house. Our model is built on providing a swift, no-commission alternative for selling your house, removing the wait and expense typically associated with selling through an agent.
Q: Will I be obligated to accept your offer if I share my property details with you?
A: Absolutely not. When you provide us with details about your home, you’re under no obligation whatsoever. We’ll review the information you give us, possibly get in touch to discuss further, and then present you with an all-cash offer that we believe is fair to both you and us. The decision to proceed with selling your house to us is entirely yours. We promise a pressure-free experience, with no hassles or harassment from our side. You have full control over the decision-making process, and we respect whatever choice you make.
Q: What if I need to sell my property quickly due to a difficult situation, like foreclosure? A: We understand that facing foreclosure or other challenging situations can be incredibly stressful. That’s where Russo Acquisitions steps in – we’re not just about buying homes; we’re about providing solutions and relief when you need it most.If you’re on a tight deadline due to foreclosure, Tax Lien sale or other time sensitive situation we offer a rapid sale process that can stop it in its tracks. The moment you reach out to us, we prioritize understanding your specific circumstances and act swiftly to evaluate your property. Our team works tirelessly to present you with a fair offer, often within just 24 hours.
With our experience in handling such sensitive matters, we also ensure that the entire process is managed with the utmost discretion and care. We believe in clear communication and will guide you through every step, from the initial offer to the final closing, which can be scheduled in as little as seven days if necessary. Our goal is to help you move on from this difficult time with dignity and to provide a financial outcome that may offer more than just a way out of foreclosure – it can be the stepping stone to your next chapter. Remember, when you’re with Russo Acquisitions, you’re with professionals who are committed to finding the best possible solution for you.
Q: What exactly is ‘creative financing’ and how can it benefit me as a seller? A: Creative financing is our specialty, and it’s all about crafting unique solutions that go beyond the traditional cash offer. It’s an innovative approach that can significantly benefit you, the seller, especially if traditional selling avenues don’t align with your needs or if you’re looking for more favorable terms. Imagine this: instead of the one-route option of a straightforward sale, we explore various avenues like seller financing, lease options, or other custom transaction structures that are tailored to your circumstances. This means we could potentially offer you a higher price for your property or provide terms that ease your financial burdens immediately and in the future. When we talk about creative financing, think of it as Russo Acquisitions crafting a bespoke suit versus buying off-the-rack — it’s designed to fit you perfectly, addressing your unique situation, financial goals, and timelines. It’s not just about selling; it’s about moving forward in the best way possible. Let’s have a conversation and see how our creative financing can unlock new possibilities for you.
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Download your FREE Guide today. If you have any questions, need a straightforward Situation Evaluation, or are curious about how we assist homeowners in selling unwanted properties for cash, don’t hesitate to reach out. Contact us anytime; we’re here to help without any hassle.