1. Why should I sell my home to Home Liberators instead of selling it retail?
Many homeowners are unable or unwilling to update or renovate their home and prepare it for a retail sale. In many cases, properly renovating a home requires a lot of time, effort, and cash that most homeowners do not have. Proper renovation includes plumbing/electrical updates, HVAC, window replacement, roofing, flooring, drywall, septic, sump pump, painting, landscaping, kitchen updates (w/ updated appliances), bathroom remodels, and cleaning. These renovations require sufficient time to plan, design, finance, and contract out. Additional wait times include completion of the work, staging, listing, and closing on the property once a potential buyer has been identified and agrees that the renovations warrant your asking price. Home Liberators will purchase your property in an "As-Is" condition without any necessary repairs required of the homeowner. This liberates you from unnecessary risks associated with project cost and timeline delays as well as market fluctuations during the time required to prepare your home for sale on the open market.
Additionally, homeowners have the opportunity to avoid commission fees that would normally be paid to listing and buyers real estate agents pay when selling their property through a conventional agency.
2. I am currently behind on my mortgage payments and my home is worth less than the amount owed. Should I let my property be foreclosed?
No. A foreclosure will exist on the homeowner's credit report for up to 7 years and may hinder the ability to gain credit in the future. If you are behind on your payments, Home Liberators can work with your lender to approve a short sale which would allow you to sell your home without having a foreclosure on your credit report. A portion of your mortgage may be forgiven which you will not have to pay back to the bank. Note that this can only occur once a short sale has been approved.
3. My property is in bad shape (e.g. mold issues, pet damage, leaky roof, broken appliances, etc) or is not up to code with my county. Can I still sell it to Home Liberators?
Yes. We will make an offer to you that will specifically indicate that the property is being sold "As-Is." Since Home Liberators will be making cash offers, your property will not require any contingencies that would normally be required if a buyer were seeking traditional financing.
4. How long would it take for Home Liberators to acquire my home?
Once you agree to the cash offer, Home Liberators can go to settlement within 1-2 weeks.
5. What geographical areas does Home Liberators serve?
We currently serve the Washington, D.C. Metropolitan area including the following areas:
Washington, DC
All areas within the district's boundaries
Virginia
Prince William County
Fairfax County
Loudoun County
Arlington County
Alexandria City
Maryland
Montgomery County
Prince George's County