FREQUENTLY ASKED QUESTIONS

Before we make you an offer we consider several factors including:

• The current condition of your home
• The estimated cost of repairs and renovation necessary
• The amount of time required to repair the house
• The estimated comparable value of your house after renovation

After considering the estimated value of your property in renovated condition, we estimate the cost of required renovations to arrive at the cash offer we will make for your property.

As long as you have the legal right to sell the house, you may request a cash offer from Ellis Housing. Most of our clients want to sell their houses quickly without the obstacles of traditional financing approvals or the rigorous maintenance requirements of institutional banking agencies.   Ellis is a reputable and trustworthy homebuyer who is willing to make a cash offer and close the sale on your schedule.

Based on our expertise, we have developed a process that is fast and simple and relives the seller of many of the fine administrative details  related to the sale of a property. We will review our process in it’s entirety before asking you to agree to the terms of our offer.

The term “as-is” means, we buy a house exactly the way it is – without any repairs. We may agree to buy your house regardless of the condition.. You will not need to address curb appeal, home staging or repairs. We are prepared to buy your house in it’s current condition.

we are willing to buy your property regardless of the condition. You will not be required to make any repairs. It is not necessaryto address issues such as curb appeal, landscaping or staging for sale.

Real estate agents list properties with the intention of finding a qualified 3rd party buyer. A real estate agent places the property on the market attempting to show it to as many prospective buyers as possible and to sell the property. The agent earns a percentage of the sale price in commission, typically 3% to 6%. You may also be responsible for several other costs, such as repairs, cleaning, staging, buyer give backs etc.

We buy houses for cash, we don’t list houses. When you sell to us, you DON’T pay any commissions or fee. We don’t earn any commissions.

NO. We are NOT real estate agents. We do not list properties on the market like a realtor or broker. We are professional real estate investors who purchase properties. We buy houses for cash, regardless of the condition of the house.

We buy all types of properties including: duplexes, condos, townhouses, multifamily buildings and select commercial properties.

That depends mostly on your preference. Once an agreement is made, we are usually prepared to close with cash in as little as 7 to 10 days. We typically close transactions in under 30 days.

If the amount you owe is less the the amount of our cash offer, we are able to pay off your debt with the proceed of the sale. The funds remaining after the mortgage debt is paid are delivered to you and your debt is resolved.

If you have additional questions or prefer talking to us directly, you can contact us:

• by phone: (610) 637-0682
• email: info@ellishomes.com
• web: include your question when submitting our Offer Inquiry form