Frequently Asked Questions
It’s natural to have questions, and we’re here to help. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
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 Ugly Duckling Houses, we are professional home buyers: We buy houses Racine 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.
Real estate agents list properties and hope someone will buy them. They show the properties to prospective buyers (if any) and, on average, it takes 4-6 months to sell a property in many markets. Once they find a buyer, they take a percentage of the sale price, typically between 3 to 6%. For a $100,000 house, that’s $3,000 to $6,000 out of your pocket!
Agents provide a valuable service for those who can wait months to sell and don’t mind sacrificing part of their sale price to cover commissions. But here’s where it gets exciting – we’re not agents, we’re home buyers! Ugly Duckling Houses buys houses directly from you, paying all cash.
Imagine this: We can make a decision to buy your house within a couple of days, sometimes even the same day! No waiting, no hoping, just a quick and easy sale. We take on the risk, buy your house with our own cash, handle any necessary repairs, and market it ourselves to find a buyer.
Ready to sell your home fast and hassle-free? Choose Ugly Duckling Houses and experience the difference today!
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
Selling w/ A Racine Agent | ||
---|---|---|
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: At Ugly Duckling Houses, many of the houses we purchase are below market value, allowing us to resell them at a profit to another homeowner. We’re always looking for a fair discount on properties. From our experience, many sellers aren’t expecting a large windfall from the sale. Instead, they value our ability to offer cash, close very quickly (without waiting for financing), and eliminate the need for any time, effort, or expense on your part to fix up the property or pay agent fees.
If you’re seeking a fast, hassle-free sale and see the benefit of selling your house quickly, let’s explore a win-win price for both parties. Our no-obligation pricing commitment means you’re not required to move forward with our offer – but it’s always good to know what we can provide!
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 versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How can I determine the right offer price for my house?
A: This is a common question, and we are here to provide clarity on our pricing strategy. Our approach is transparent and simple. We analyze various factors such as the property’s location, necessary repairs, current condition, and the market value of similar houses recently sold in the Racine area. By carefully evaluating this information, we can propose a competitive price that aligns with both our needs and yours.
Q: Are there any fees or commissions to work with us?
A: When you sell your house directly to us, there are NO fees or commissions involved, setting us apart from the traditional method of selling where up to 6% in fees typically comes out of your pocket. Our process is simple: we’ll make you a fair offer, and if it works for you, we’ll buy your house without any hassles or costs to you. In many cases, we even cover the closing costs. Our profit comes from the repairs and renovations we invest in the property before selling it. By selling to us, you can walk away from the property, its payments, and any associated burdens, with cash in hand, while we take on the risks and responsibilities of selling the house.
Q: Is there any obligation when I submit my information?
A: There’s absolutely zero obligation on your part. Once you share some details about your property, we’ll evaluate the information, possibly arrange a call to learn more, and then present you with a fair, all-cash offer. From there, the decision is entirely yours whether or not to sell your house to us. We’ll leave it up to you to decide what’s best for your situation.
Want To See What We Can Buy Your House For?
Fill Out The Quick Form Below To Get A No-Hassle, No-Obligation, All-Cash Offer
Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Racine homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 262-994-7004. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.