Frequently Asked Questions
Maybe you have a few questions. That’s alright! most people do, that is why we prepared these collection of frequently asked questions people ask us, along with our answers. If this doesn’t help you, don’t hesitate to contact us anytime. We would be happy to answer it for you!
Frequently Asked Question 1:
Is it possible to sell a home that is occupied?
Yes! Selling a home that is either owner-occupied or rented out is possible. Sometimes, we can find creative solutions to allow you to stay in the house until your new home is ready.
Yes, we do! Our policy is to purchase homes in their current condition, with cash and without needing repairs or renovations. Additionally, there are no agent fees or hidden expenses involved in the transaction and we will consider different options to ensure the best.
The timeline for selling your house is flexible and would depend on your needs. We can close as fast or slow as you need. It’s all up to you. We move depending on your timeline.
We Buy Property purchases all kinds of real estate. We buy single family homes, multi family homes, apartments, storage units, commercial, land, you name it! We are happy to get you an offer on your property.
When you sell your house to us, there are NO commissions or fees. Additionally, we usually cover all the closing costs.
To determine the offer price for you house, we consider various factors such as its location, condition and layout. We also evaluate comparable sales in your neighborhood to arrive at a fair value.
We’re not buying the houses as agents so we don’t list houses. Here at We Buy Property, we are professional home buyers: We buy houses Pittsburgh that fit our criteria. After buying the house, we may repair the house and resell it to another homeowner or keep it as a rental ourselves. We have a few options that we could discuss with you more in depth like our “white glove” service, where in fact, with your permission we could take it to the open market. Reach out to discuss more!
Well, first, agents would list properties and look for someone to buy them. Second, they show the properties to potential buyers (if there are any) which takes on average, in many markets right now, in as much as 4-6 months. They would then take a percentage of the sale price for finding a buyer which is typically a 3 to 6% commission of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents give a great service but for those that can’t for several months to sell and don’t want to pay more on commissions- that’s where we come in. Since we’re not agents but home buyers, We Buy Property buys the house directly from you. Thus, since we pay all cash and buy the house from you, we can decide to buy your house sometimes even the same day.
To make is even easier to see the difference between working with Real Estate Agents and We Buy Property Here’s a comparison chart to give an overview:
Selling w/ A Pittsburgh Agent | SOLD To We Buy Property | |
---|---|---|
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. |
**Financing Contingency: This gives the buyer an “out” if they are unable to secure the financing they need for the home. If, for example, the buyer doesn’t qualify for a mortgage or if the property appraises for less than the agreed-upon sale price (meaning the bank won’t lend as much as expected), the buyer can cancel the contract. Without this contingency, a buyer might still be bound to complete the purchase even if they can’t get a loan, or they may risk losing their earnest money if they back out.
Both contingencies protect the buyer, giving them a chance to back out of the deal or renegotiate the terms if something significant goes wrong during the process.
There’s absolutely no obligation on your part. Once you share a bit about your property with us, we’ll take a close look at the details and, if it makes sense, we’ll set up a brief call to learn more about your situation. After that, we’ll present you with a fair all-cash offer based on the property’s condition and market value. From there, it’s completely up to you whether or not you want to move forward. We want you to feel confident and comfortable in making the decision that’s best for you.
I hope our Frequently asked questions helped you, if you want to read more, continue reading below about how we can help you.
We Buy Properties In Any Condition
We can help you with all kinds of unique situations
We Buy Property helps homeowners all over PA who need to sell their homes fast and for a fair cash offer.
Repossession
Are you in repossession or are about to be?
Frustrating Tenants
Do you have frustrating tenants living in your home?
Distressed Home
Do you own an unwanted home that needs a lot of work?
Vacant
Is your home sitting vacant?
Inherit
Did you inherit an unwanted home?
Relocate Quickly
Do you need to relocate quickly sell your current home fast?
Avoid Commissions
Do you want to avoid paying agent commissions?
Repairs
Does your home need more repairs than you can afford?
Do you fall any of these categories? Want to know how we can help? You can read more here or you can call us directly!
If you need to find out how our process works, you can check it out here.
What’s the difference of Selling and Listing my house? Is there any benefit of just selling it to We Buy Property?
Selling
Directly selling to a cash buyer like We Buy Property
Get a fair cash offer within 24 hours and choose your closing day.
(1) Receive a cash offer in 24 hours
- You can receive a cash offer typically within 24 hours of submitting information about your property. This is much quicker than listing , where it might take weeks or months to receive offers and actual sell your property.
(2) Choose your closing day
- One of the benefits of working with cash buyers is the ability to choose your closing day. This gives you control over the timing of the transaction, which can be especially helpful if they need to sell quickly due to a personal situation (job relocation, divorce, financial distress) or if they simply want to coordinate the sale with the purchase of a new home.
Zero fees. Zero commissions. No closing costs.
(1) Zero fees and no closing costs
- With cash home buyers like us you don’t need to pay for the traditional fees when listing the proprty, we would even pay for closing costs!
(2) Zero Commissions
- With Cash Buyers: Since you’re working directly with the buyer (often a company or investor), there are no real estate agents involved, so you don’t have to worry about paying commission fees. This can save you a significant amount of money.
No Open Houses – No Hassles
(1) No Strangers Walking Through Your Home
You don’t need to show your house everyday or to a ton of people because in selling your house to us, there would be no open houses!
(2) Privacy
Without an open house, you don’t have to worry about people entering your home when it’s not convenient for you. You also avoid the possibility of strangers wandering around your property without any serious intent to buy.
(3) No Need for Frequent Showing
Instead of scheduling multiple showings with potential buyers, working with a cash buyer usually means a single offer and a more direct, streamlined transaction.
We will cover repairs if needed.
We would base our offer on the “as-is” condition of the home. This means:
- If your house needs repairs, you don’t need to make those repairs or spend money fixing up your home.
- If the home does need repairs, we will either handle them.
Listing
Asking an agent or realtor sell your house on the market
It could take months to sell your house to someone
(1) Long waiting to find a buyer
- It might take weeks or months to receive offers and actual sell your property because there are inspections, repairing the property, showings, and waiting to make an offer.
(2) You cannot choose your closing day
- Since you will list the property, there would be a long process and after the showing, it would be up to the buyer to define when he can buy it.
Fees and commissions add up
(1) A lot of fees and pay for the closing costs
- When you sell your home through listing, you typically have to pay various fees—real estate agent fees, administrative fees, inspection fees, etc.
(2) Pay for Agent’s Commissions
- Of course, getting a real estate agent to market your home means you have to pay for their commissions which usually range from 5% to 6% of the sale price, often split between the seller’s and buyer’s agents.
Open Houses and disruptions to your life
(1) Strangers at your house
- Open houses typically involve inviting a group of potential buyers into your home to look around. This can be intrusive and inconvenient, as you’ll need to clean and stage the house, and sometimes leave during showings.
(2) No Privacy
- An open house means you need to show it to people even if they don’t have a serious intent to buy, or even just to strangers wanting to feel some free air-conditioning. This results to random people wandering around your property.
(3) Frequent showing to Random people
- To get a buyer, you need to show your house to multiple people and this means multiple showings (which may fall through or be rescheduled). What a hassle!
You may be asked to make repairs
- When you sell a house through a traditional listing, one of the most common steps that can complicate and delay the process is the inspection and repair phase. This can significantly delay the sale and reduce the final sale price if extensive repairs are needed. Buyers often use inspections to identify potential issues, and if significant problems are uncovered, the buyer may request repairs, credits, or a lower price.
Want to find out what we can offer for your house?
Fill Out The Quick Form Below To Get A No-Hassle, No-Obligation, All-Cash Offer
What is the Current Market Trend of Pennsylvania?
1. Urban and Suburban Growth
Although Pennsylvania’s larger cities have been the focal points of economic and housing activity, suburban areas have seen significant growth in recent years. Due to remote work becoming more permanent for many workers (and for some due to need of a bigger yard for their pets), people are increasingly seeking larger homes with more space a—whether it’s for a home office, a larger yard, a spacious room or for the fresher air.
Communities around Pittsburgh, such as Bethel Park, Monroeville, and McKeesport, have seen demand rise as homebuyers look to escape the hustle and bustle of urban life while still being close to major city amenities. I mean who wouldn’t like a bigger space while getting the convenience of being close to such amenities right?
Similarly, suburban areas around Philadelphia—such as Montgomery County and Chester County—are experiencing rising demand from families seeking top-rated schools and access to green spaces.
2. Low Inventory and Rising Prices
As is the case in many parts of the U.S., Pennsylvania has seen inventory shortages in recent years. There simply aren’t enough homes on the market to meet demand, particularly in desirable areas. Due to this shortage, it has led competition among buyers, pushing home prices up in many parts of the state.
Yes, it may be great news for our dear sellers (which we love btw), since this can be great news as home values have risen, and properties are often selling faster than before. However, for buyers, it may mean higher prices, bidding wars, and a more competitive environment—especially in cities like Philadelphia, Pittsburgh, and their surrounding suburbs.
3. The Rise of First-Time Homebuyers
Despite the challenges of the market, first-time homebuyers are still very active, particularly in regions like Lancaster, Allentown, and Scranton, where housing is still relatively affordable compared to major metro areas. Statewide initiatives and government programs have helped make homeownership more accessible, especially for those entering the market for the first time.
However, many first-time buyers face challenges with securing financing due to rising mortgage rates and the overall affordability crunch. As a result, some buyers are turning to alternative solutions such as rent-to-own programs or exploring smaller homes and fixer-uppers.
4. The Impact of Interest Rates
Rising mortgage rates have been a key factor influencing the Pennsylvania real estate market. The Federal Reserve’s efforts to curb inflation have resulted in higher rates, making it more expensive for buyers to secure home loans. This has led some buyers to reconsider their plans or opt for smaller homes.
On the flip side, higher rates have helped slow the pace of skyrocketing home prices, bringing a bit more balance to the market. For those looking to refinance or purchase a new home, rates remain an important factor to consider, but opportunities still exist for those who are well-prepared and financially positioned.
Read more on Pennsylvania Real Estate Market: Trends, Insights, and Opportunities here
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 Pittsburgh homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 4125334127. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.