FAQ
Have Questions about Selling Your Home?
Home and Land Partners of Texas understands that selling a home in the San Antonio area can be a bit overwhelming, especially if it’s your first time. To facilitate the home buying and selling process for you, we’ve assembled the answers to several of our most frequently asked questions. Should you not find your specific question and answer listed here, we encourage you to reach out to us directly and we’ll do our best to provide you with an answer in a timely manner!
Q. How do you determine the value of my house?
A. First, we’ll evaluate your home’s top market value if it were in the best condition possible. This is determined by comparing your home with other homes in your area that have recently sold. It’s important to remember that it’s based on actual sold values and not on list prices. Next, we’ll take into consideration any necessary repairs or hurdles that will have to be overcome when clearing the title and adjust that top market value as necessary.
Q. Will I need to make repairs to my house before you’ll buy it?
A. No, we buy properties as-is, regardless of their condition. You don’t even need to clean it out if you don’t want to, especially if it’s an inherited home. If necessary, we can make the arrangements. However, there may be a service charge for this type of service.
Q. How long does your home buying process usually take?
A. Our process can take anywhere from 10-30 days on average, but it depends on the status of your home’s title and the terms of our offer. We try to make the process go as quickly as possible.
Q. Will I be paid upfront or after we close?
A. Usually, we pay you after closing because we have to have a clear title first. However, in some special circumstances, we may be able to offer you an advance.
Q. Who pays off my mortgage when I sell my house?
A. Your title company will pay off your mortgage and any other fees or taxes that may be due. Once the title is clear at closing, we can either direct wire your money into your bank account or give you a certified bank check to cash.
Q. What happens if I owe taxes or mortgage payments?
A. We work together with your title company to pay off any debts owed at the time of closing. It’s usually easiest to let the title company handle all of this, so we don’t have to wait on any releases of liens and/or proof of payments to come in.
Q. When will I be expected to move out of my house?
A. You should be given an expected move-out date once we’ve set your closing date. Once you’ve signed the closing paperwork and received your offer, we expect your home to be vacant so that we can begin any necessary repairs or maintenance to the property. Anything remaining in the home will be disposed of or given to charity. However, we may be able to make certain arrangements for you to move out later depending upon your circumstances. We’re usually willing to work with you!
Q. How do we get the process started?
A. It just takes one simple phone call to schedule your free consultation! We’ll gather all the necessary research and paperwork to see which housing solution will benefit you best, pay you a visit to view the property and then provide you with a fair cash offer. You should expect a relatively fast closing, and our experts are available to answer any questions you may have throughout our buying process.