Submit your questions to Info@kvbuyhouses.com
Frequently Asked Questions-KVBuyHouses
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
Q: What step is KVBuyhouses taking to protect the Middle Tennessee community from The CoronaVirus (COVID-19)?
A: KVBuyHouses is taking steps to protect not only our family but the families of anyone we do business with. Along with following the Social distancing guidance found on the CDC.gov and TN.gov COVID-19 Websites; We have completely restructured our buying process to focus on providing a safe virtual means to sell property anywhere in Middle Tennessee and soon Nationally.
Selling with KVBuyHouses online reduces the need to have potentially infected individuals from entering your home. The use of technology such as Facetime, Facebook, Zoom, and many other video chat platforms makes communication very fast and easy.
There are 3 quick steps to selling your home virtually with KVBuyHouses.
- Go to www.KVBuyHouses.com fill out our form online
- Complete a “KVWay Virtual Tour”, email pictures and video to KVWay@KVBuyHouses.com
- Receive/Review/Accept Offer
*For more details on all the ways KVBuyHouses is combating COVID-19 check out our KVWay COVID-19 Tips for Nashville Homeowners.
Q: What cities do you buy in?
A: We buy all throughout Middle Tn. If you are looking to sell a house, land or any other type of real estate in Davidson County, Rutherford County, Wilson County, Williamson County, or any surrounding counties, we can get you a fast-fair offer in hours. Here are just a few locations we have done business recently.
- Nashville, Tn,
- Antioch, Tn
- Clarksville, Tn
- La Vergne, TN
- Symrna, Tn
- Murfreesboro, Tn
- Lewisburg, Tn
- Knoxville, Tn
- **If you have a property you need to sell we will take a look anywhere in Tennessee!
Q: What areas of my house do I need to submit a picture of?
A: We like to see the entire property. Detailed video/photos showing all of the living space help to speed up the purchase process. This also reduces the need for an in-person visit. Below are the basic areas we need to get you the fastest offer possible.
- Dining area
- Garage/ Carport/ driveway
- additional buildings (storage, etc.)
- HVAC (interior and exterior units if accessible)
- Laundry room
- Living spaces (living room, den, family room, Etc.)
- Hot Water heater
- Circuit breaker panel
- Electrical meter
Once you take videos and photos of the above areas, that completes your “KVWay Virtual Tour”, simply email your pictures and video to KVWay@KVBuyHouses.com and we will review them and contact you via, email, text, FaceTime, or call.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Middle Tennessee that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices 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 or effort or expense is required on your part of fix up the property or pays agent fees. 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… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book: Our process is very straightforward. 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. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. 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. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often 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 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. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take 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 6-12 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 one 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). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
Q: Is there any obligation when I submit my info?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and 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… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Q: Can I sell my house if it is in foreclosure?
A: Every situation is different but we can be of assistance in foreclosure situations. Our strategy is simple – we pay the foreclosing entity, usually the mortgage holder, in full. When the outstanding loan is paid the foreclosure usually ends at that point. Of course, it is easier to sell a house before the foreclosure process begins and hopefully, you have contacted us before that point. You can find more information on this topic on our “Stop Foreclosure” page.
Q: Do you buy houses with a tenant?
A: Yes. We will honor the terms of the lease agreement and discuss the future with the tenant.
Q: Do you buy other types of real estate or just houses?
A: We buy all types of real estate including condos, townhomes, lots, raw land, multi-family properties, and commercial properties.
Q: Am I obligated to sell once you have made a cash offer?
A: No. This is a business transaction so you may accept, decline, or negotiate a different price.
Q: How do you handle back taxes?
A: This is certainly part of the process. These back taxes will have to be paid to transfer the title so we will adjust our offer to pay any back taxes.
Q: How do you handle a mortgage that is not current?
A: Again, this is part of the process. The past-due mortgage payments will have to be paid to transfer the title so we will adjust our offer to pay off your mortgage in full.
Q: Will you buy a house that has foundation or termite damage?
A: Yes. We buy houses “as-is” – with all types of issues and we will make the repairs.
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Get the FREE Guide and then give us a call at (629) 777-5939 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.