CLOSING PROCESS

Thank you for considering purchasing one of our available properties via assignable contract!

Below is a quick overview of our process and what we expect from you as the buyer and what you can expect from us as well.

📝Making an offer

Our expectation is that you can make a soft offer based on the pictures and/or video walk-through provided to you in the marketing piece

Please do your own due diligence in terms of After Repair Value and renovation budget necessary for the project. We typically do not offer these to our buyers as the numbers are subjective, and we do not want to be responsible for any investment decision you might make.

Once you have an idea of what your soft offer is, please email us the offer at [email protected]. Once we have that, we can schedule a showing if one is needed. Please note – requests to view properties that are accompanied by a soft offer will take priority over requests to view a property with no offer.

Because many of the houses we purchase are occupied, we typically only allow one showing
​per buyer. At this time you are welcome to ​bring a contractor and do your walk-through inspection. Formal inspections are not permitted. All of our deals are off market and have wholesale pricing. Please be prepared to estimate renovations/repairs during your (brief) walk-through of the property.​

✅ Once your offer is accepted

If we decide to accept your offer, you will receive an email from our Closing Coordinator. We will send you the contracts  for you to review. Once the Assignment agreement is signed, we will then provide you with instructions to make the non-refundable deposit to our Lawyer’s Trust Account.

Most of our deals are closed via assignment contract. In other words, we have an assignable purchase agreement with the seller and we are simply selling (assigning) that contract to you for a fee. The purchase price you agree to will always include our assignment fee. When you are ready to sign the assignment contract,  you will also be sent the original purchase agreement between the seller and us. In essence you are taking over our place as the original buyer and will have to assume our original agreement with the seller.

Our expectation is that the contract will be signed and returned along with the wired deposit
within 24 hours. Please note – until we have received the signed contract AND nonrefundable deposit on a property, that property will continue to be marketed and we reserve the right to accept another offer. Additionally, the non-refundable deposit is exactly that - non refundable -unless the deal doesn't close because the seller’s side prevents that from happening.

Cash offers are preferred, but we will also accept financing/mortgage offers. The nonrefundable deposit amount is 50% of the assignment fee.