Frequently Asked Questions
General questions about our company, service, and properties we offer on this website:
- Why are the properties discounted so much on this site? Wouldn’t you just keep the best deals for yourself?
- How are the properties on this site different from ones I’d find on the MLS?
- Can I use bank financing to buy these properties?
- How do I make an offer on a property?
- How often do you add new investment properties to the site?
- Can we buy the house before the showing?
- When is showing?
- Is there another showing time?
- Will you pay commission?
- When do you want offers?
- Any disclosures?
- What is the age of the roof, is there an HOA, etc?
- How are you coming up with after repair value? What’s the renovation estimate, Etc?
- Will the property be cleaned out prior to settlement?
- Has title work been completed?
- What title company do you prefer to use?
- Do you work with other wholesalers?
- Who is seller?
- Does buyer have to pay all closing?
Q: Why are the properties discounted so much on this site? Wouldn’t you just keep the best deals for yourself?
A: You’ll find investment properties on this site discounted 20-50% because of our proprietary marketing systems that get in touch with homeowners who are needing to sell their property. Often times they may be in foreclosure and our company can help them out by buying their house quickly for cash… which is a win-win. Then, we pass the discount along to you.
Q: How are the properties on this site different from ones I’d find on the MLS?
A: Most properties you’ll find on our site are ones that you’ll never find on the MLS. The MLS is the “Multiple Listing Service” which is where real estate agents list properties for sale. We work directly with the homeowners because many times we’re able to help them solve their problem more quickly and cheaper than listing it on the MLS.
Q: Can I use bank financing to buy these properties?
A: We tend to work with people looking for investment properties who are paying cash and who can close quickly. However, if you are pre-approved with a bank and can close quickly… we’ll consider all offers. If you need financing to buy a property you see on our site, contact us today and we can connect you with lenders that we recommend and have worked with before.
Q: How do I make an offer on a property?
A: Simple, click on ‘Make Offer’ tab at top of our site, fill out our contract forms there, and email in the contract to jonc@4brothersbuyhouses.com
Q: How often do you add new investment properties to the site?
A: We’re always sourcing new investment properties… and add new properties to this site on a continual basis. So, check back often as our properties tend to sell very quickly.
Q: Do you charge any fees to buy or sell a home?
A: We don’t charge homeowners any fees to help them find a solution. We purchase properties at a win-win price. When you buy an investment property from us, we buy the property at a steep discount, add on our property acquisition fee which is our profit for finding and negotiating the deal… and you pay a still deeply discounted price. A win-win for all.
Q: Can we buy the house before the showing?
A: We are going to give preference to any offers we receive before the showing, but we are still going to conduct the showing regardless. We may also call for “highest and best” if multiple offers are submitted.
Q: When is showing?
A: The one and only time to see the house is specified in the marketing email. Let us know, will you be attending?
Q: Is there another showing time?
A: No, the only time we have, hopefully you can make it.
Q: Will you pay commission?
A: We look at all offers on net basis, so you can add your fee/commission into the deal at whatever amount you’d like.
Q: When do you want offers?
A: The deadline to submit an offer is advertised with each property and generally due the day after the showing.
Q: What is the age of the roof, is there an HOA, etc
A: We only have the information on this property we shared in the original advertising email. All additional due diligence would be the purchasers responsibility.
Q: How are you coming up with after repair value? What’s the renovation estimate, Etc?
A: All numbers should be verified. We provide pictures and the showing time for the buyer to verify their own renovation costs.
Q: Will the property be cleaned out prior to settlement?
A: The property is being sold totally as is, assume all items in the property at time of the showing will be there at closing.
Q: Has title work been completed?
A: Title work is usually ordered and oftentimes completed by the time we advertise.
Q: What title company do you prefer to use?
A: We require buyers use our title company. The title company is deal specific and provided upon request.
Q: Do you work with other wholesalers?
A: If you bring a buyer directly, will pay you a fee. We will go with whatever the highest net offer is that we get.
Q: Who is seller?
A: We are the contract holder – selling LLC name will be provided upon request.
Q: Does buyer have to pay all closing?
A: Yes, the buyer pays all buyer and seller closing costs.