Frequently Asked Questions
Do I need an inspection to sell my property?
No, you don’t need an inspection when selling to Lubbock For Sale By Owner. We purchase properties “As-Is,” which means we take full responsibility for the property’s current condition. Unlike traditional buyers who often require extensive inspections and repairs, we handle all assessments internally after purchase, saving you both time and money.
Why don’t I need to hire a real estate agent?
When working with Lubbock For Sale By Owner, you can skip the agent because we manage the entire selling process internally. Our team handles all paperwork, legal requirements, and closing procedures, eliminating the need for traditional real estate services and their associated costs.
Can I sell my property if it’s already listed with a real estate agent?
Yes, you can. We understand that circumstances change, and you might need a faster solution. We’ll work collaboratively with you and your current agent to find the most beneficial solution. While you may still need to honor your existing agent agreement regarding commission, we can expedite the purchase process and provide a guaranteed sale.
What costs are involved in getting an offer?
There are absolutely no costs or fees to receive an offer from Lubbock For Sale By Owner. Our evaluation process is completely free, with no hidden charges or obligations. You only proceed if you’re satisfied with our offer.
What if I’m behind on mortgage payments?
Don’t worry – we regularly work with homeowners facing payment challenges. Whether you’re behind on payments, facing foreclosure, or underwater on your mortgage, we can help. You won’t need to make additional payments to sell to us, and we can often close quickly enough to prevent further financial strain.
Can you purchase my property during the foreclosure process?
Yes, we can help as long as the foreclosure hasn’t been finalized (meaning the bank hasn’t taken ownership). Acting before foreclosure completion can significantly benefit your future financial situation. By selling before final foreclosure, you can prevent the foreclosure from appearing on your credit report, which helps preserve your credit score and future borrowing capabilities.
What options do I have if I owe more than my property is worth?
We have extensive experience helping homeowners in underwater mortgage situations. Through a process called a “short sale,” we can work with your bank to purchase your property even if the mortgage balance exceeds the property’s value. Our team manages the entire negotiation process with your lender to facilitate the sale.
Do you purchase vacant properties or inherited properties?
Yes, we regularly purchase vacant and inherited properties. Whether you’ve moved away, inherited a property you don’t want to maintain, or simply have an empty house, we can help. We handle all aspects of the purchase, regardless of the property’s occupancy status or condition.
How do you handle properties with problematic tenants?
We have significant experience managing difficult tenant situations. Our team includes property management experts who understand tenant law and can professionally handle any tenant-related challenges after purchase. You won’t need to deal with evictions or tenant disputes – we manage everything post-sale.
What makes Lubbock For Sale By Owner different?
We’re a team of experienced local property buyers dedicated to creating win-win solutions for property owners in challenging situations. When you work with us, you’ll receive:
- A fair, transparent cash offer
- Quick closing timeline (as fast as 48 hours if needed)
- No hidden fees or surprise costs
- Professional handling of all paperwork and closing procedures
- Flexibility to work around your specific situation Our goal is to make selling your property as simple and stress-free as possible, regardless of its condition or your circumstances.
Would you like me to adjust any part of these responses or expand on specific aspects of the selling process?