Frequently Asked Questions
We know our innovative home buying process may be one you’ve never heard of. You might have a few questions. That’s okay; most people do. Below, are our most frequently asked questions. The quick FAQ collection includes some of the things people ask us about, along with our answers. After reading the frequently asked questions and answer below, don’t hesitate to contact us (or give us a call 678-348-6734) if you still have any questions.
Q: Are there any houses you won’t buy? There’s an old saying: “Everything is a deal at the right price.” We consider and evaluate every property that we are contacted about, regardless of its age, location, condition, etc. We are interested in finding a “Win-Win” solution for all parties. Having said that, not every property is a fit for us and we’re not a fit for every seller. If we’re not the right fit for you, we’ll try to find you an alternative solution.
Q: Where do you buy houses? We buy houses all over Metro Atlanta including the following counties: Cobb (East and West), Fulton, Dekalb, Cherokee, and Paulding. We buy houses in Kennesaw, Atlanta, Canton, and surrounding areas.
Q: What if I don’t like the offer?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things. We might set up a call to chat with you and find out more about the property. If we’re interested, we’ll 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 won’t hassle you or harass you. It’s 100% your decision and we’ll let you decide what’s right for you.
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Q: Do you have the house inspected? We perform a home inspection on every property we purchase. This is the only way that we can be sure that we know everything important about the property. When we meet with you, we do an “initial inspection” of the property. Once we come to an agreement on a price, we’ll schedule a home inspection typically within a few days (but it can be longer, based on your timeline).
But don’t worry: We are NOT AFRAID of big issues. We frequently purchase homes with renovation costs of $50,000 or higher. Sometimes the inspection reveals issues we can’t see during our initial inspection. Examples of such things would be mold, mildew, leaking roofs, leaky plumbing, electrical problems, structural issues, substandard construction practices, etc. In those cases, we still may choose to purchase the property if all parties agree on how to proceed in a win/win situation, but we do reserve the right to cancel our contract if the repairs exceed our original estimates. But remember, we are not scared of big issues. We just want to know what we’re getting into and have the price properly reflect that in a way that’s fair to us both.
Q: Will you be listing my house on the MLS or actually buying it?
A: We are professional home buyers: We buy houses in Kennesaw that meet our purchasing criteria. We’re also investors, but that won’t really matter to you because you’ll get an all-cash purchase from us if we move forward with the deal. After we purchase the property, we may repair the house and resell it to another homeowner or keep it as a rental ourselves. But you don’t have to worry about any of those hassles. We’ll take care of everything. We recognize that not every house is a good fit as an investment property. Sometimes the best course of action is to list your property on the MLS. Unlike most, PKbuyhouses.com provides you with a solution for either scenario. If you’re unsure about whether or not to sell your house for cash or to list it, contact us for a fair, all-cash offer.
Q: Do you pay a fair price 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. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather 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. We want to make the process as fast and simple for you as possible. 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 fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
[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. Also, learn the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself. Head on over here to download your free guide →]
Q: How do you determine the price of your offer?
A: We pride ourselves on our transparency. Our process is very straightforward. You contact us and give us some details about the property. We look at the location of the property, what repairs are needed, the current condition of the property, and the values of comparable houses sold in the area recently. Pretty much the same things a real estate agent would look at when determining the price to list your home. We take many pieces of information into consideration and 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 to us. That’s very different from selling with a realtor, who will often charge up to 6% in fees. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit. We’re taking all of 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 – and often with cash in your hand.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. They never put their own money into the deal. Instead, they act as a go-between. The agent shows the properties to prospective buyers if there are any and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait three or more 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 actually buys houses. We don’t list houses. Since we’re actually the ones buying the house from you, and we pay with all cash, we can make a decision to buy your house within a couple of days (sometimes the same day). We don’t rely on traditional bank financing, so we don’t have to worry about all the contingencies banks impose and you don’t have to worry about waiting forever to get the money you need.
Q: What if there are liens or other title issues with my property? Once in a while, we buy houses that may have tax or homeowners association liens attached to them. Any liens on the property would be paid out of the proceeds from the sale of the house at closing should you choose to not satisfy them prior to closing. All liens would have to be cleared so that a “good and marketable” title can be taken when we purchase the property. Basically, that means we’ll be able to re-sell the house in the future without any title problems. So, if you owe liens on your property, don’t let that stop you from learning what price you may be able to make for your Kennesaw area house.
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Contact us anytime if you have questions, want a no-hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash. You can also Download our FREE Guide here.
Get the FREE Guide and then give us a call at 678-348-6734. We’ll discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.