Frequently Asked Questions

Home Sellers

What should you look for in a cash home buyer?

The first thing you should look for is how long they have been in business. In our case we have been buying and selling properties in Arizona since the mid 1990’s.  This shows we have stability and the means to buy your house for cash with no hassles due to our experience in a variety of situations.

The second thing you should consider is the contract they offer you. Does it have a 30 or 60 day closing? If it does, this probably means that they are just trying to sell your house to someone else and will back out if they do not sell to another investor. We want to close in no more than 2 weeks, but will close later only if the seller asks us to because of moving or tenant issues.

We hope this helps and you can call us anytime with further questions.

Please click on the “Get a Cash Offer” button on our home page and get your CASH OFFER…. today!!

Investors

How can I get started as a real estate investor?

Getting started as a real estate investor takes planning, education, business acumen and an understanding of many related facets of the real estate business. We at ScottsdaleHouseBuyer.com have years of experience across a broad range of markets coupled with strong financial resources. We have the knowledge and experience in the business of finding and buying investment properties. We buy hundreds of homes each year in the Phoenix Metro Area. We look for local investors who are interested in purchasing inventory. Because of our extensive advertising and local marketing, you won’t have to spend your funds on advertising or on hiring individuals to track down investment properties. We’ll do it for you. Get in touch with us today. We can mentor you throughout your learning process.

How much money do I need to get started in real estate investing?

Generally, depending upon your credit score, lenders require 10 to 20 percent of the purchase price of your prospective investment property as a down payment plus closing costs. You should also have reserve funds to cover repairs or rehabbing costs, utilities, insurance and taxes during your holding period.

How do I find investment properties?

Your initial goal as a real estate investor is to find and purchase properties as a discount. To accomplish this goal, you must spend an enormous amount of time driving neighborhoods, researching tax records, knocking on doors of strangers, conducting related research and a myriad of related activity before making a purchase, Or, you can contact us here at ScottsdaleHouseBuer.com and we will use our marketing to attract the best opportunities and guide you through the investment process. You’ll find that many of our investment properties don’t need a lot of repairs or rehab.

How do I know that I’m paying a fair price for an investment property?

While there are many sources of local market data, ScottsdaleHouseBuyer.com can help you obtain prices on comparable properties in your local market. Other sources of data include the Multiple Listing Service (MLS), local appraisal district data, Web sites that list homes for sale and many other sources. Savvy investors don’t overlook the value of using their own eyes and intuition. A drive through a targeted neighborhood can reveal a wealth of data including whether or not local properties are well-maintained, if the neighborhood is in transition, the prevalence of for sale or for rent signs or obvious neighborhood problems. We here atScottsdaleHouseBuyer.com can guide you during the property evaluation process.

What if I don’t want to do the rehab on a property?

ScottsdaleHouseBuyer.com may be able to help you identify qualified contractors who can help rehab your properties. Or, they may be able to sell you a rental-ready rehabbed property if that’s what you’re looking for.