We buy houses in University Heights, OH.

Frequently Asked Questions

Does University Heights require homeowners to complete a point-of-sale inspection before their property can be sold?

Yes. University Heights requires interior and exterior point-of-sale inspections before a home may be sold. The point-of-sale requirement applies regardless of whether a property is sold on-market (meaning listed on the MLS by a realtor) or off-market (meaning sold without being listed on the MLS). Typically, the homeowner must request the point-of-sale inspection and make their home available for inspections. They can then agree to make repairs or hand the point of sale report to a cash buyer like us and have the buyer assume responsibility for making the repairs. We regularly buy homes with point of sale violations and and assume responsibility for fixing the items that the inspection reveals need to be fixed. For more detailed information about selling a home with point of sale violations and the point of sale process, please check out out article How to Sell a House with Point of Sale Violations.

Do you pay fair prices?

Yes. We typically work with sellers who appreciate that we can offer cash, close very quickly (no waiting for lenders or financing contingencies), and that they don’t need to spend any time or money fixing up the property or paying real estate agents’ fees. Our offer will reflect the value the seller gets from selling the property quickly and painlessly.

What do you do with my house after I sell it to you?

Since we are local Cleveland home buyers and a family business, we often do the renovation work ourselves or work with local contractors. We put lots of love into what we do and take great pride in improving homes that need a little tlc. After we finish renovating and repairing your home, we will most likely rent it to responsible tenants who will care for it like it was their own home.

Can I stay in my home after the sale closes?

Unlike traditional MLS sales where the seller must move out upon the closing, we are flexible. We understand that sometimes the seller may need more time to move, really loves the home but can’t afford to continue owning it, or may have other reasons for wanting to stay. In most situations, we can work out an agreement to allow the seller to stay in the home for a short period of time or a longer period of time after closing.

Can you buy the house I am inheriting?

Yes. Josh and Elina are experienced in buying properties that have been inherited or are in the process of being transferred through probate or trust administration.  They have worked with administrators of estates, probate courts, and trustees of trusts to buy properties on multiple occasions.

I owe more on my mortgage than my property is worth. Can you still buy it from me?

Yes. While the process is a bit more time consuming and we can run into some hurdles in this situation, Josh and Elina have successfully negotiated with lenders on multiple occasions to complete a sale like this (i.e. a short sale).

Why would I sell a property off-market?

There could be various reasons why someone would want to sell off-market, which means selling a property without listing it publicly on a real estate platform, typically with a realtor.

Cost: Realtors typically charge a commission fee, which can be anywhere from 2.5% to 6% of the sale price, and this cost can add up quickly. Some sellers may choose to sell their property without a realtor to save on commission cost.

Experience: While realtors are trained professionals who can provide valuable insights and guidance, we have significant experience with real estate transactions and are comfortable guiding you, the seller, through the selling process without a realtor's assistance.

Convenience: Selling off-market can be more convenient as it allows for a quicker and smoother transaction process. Sellers who sell to us avoid multiple showings and negotiations and the hassle of a prolonged sales process.

Who is buying my property?

We are.  When sellers enter into a purchase agreement with us, they should know that we are the end buyers.  We buy, renovate and lease out the properties we buy.  We have no intention of reselling the contract to another buyer.  We are not wholesalers or “bird dogs.”