I Buy North Texas Homes
Frequently Asked Questions (FAQs)
Q: What kind of houses do you purchase?
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A: TMC Property Solutions will consider any house, any condition, and any price or situation with the exception of homes in the hood or crime/drug infested neighborhoods. Ugly to beautiful, large or small, we buy them all.
Q: How quickly can you close?
A: In most cases we can close in a matter of days. There are a few variables such as checking the title work, are payments and taxes current, are there any liens on the property that need to be taken care of, is the home over leveraged or under water, in which case it may take longer. In general we can close within just a few days once the above have been determined. Ready to get Started? Click here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.
Q: Do you purchase over-leveraged or under water homes?
A: Yes, in most cases we have a solution for your situation but we need some details in order to say for sure. Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.
Q: Do you pay all cash for my house?
A: Yes we absolutely can pay you all cash and close within a few days and will pay all your closing costs as long as you are willing to take a small discount that will allow us to make a profit and cover the risk associated with paying cash, the repairs needed and all the closing costs.
Q: Will you pay ‘full market value’ for my house?
A: Once we determine what “Full Market Value” is based on what the market tells us, we will offer you a fair price based on that value, the condition of the property, the average days on market to sell, and all closing costs. If your home has no mortgage on it, many times we can pay “Full Market Value plus” if you can offer terms and finance it for us. Ready to get started, click here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.
Q: What if I don’t have any equity in my home?
A: Unfortunately, you are not alone, but yes, we most likely have a solution for you but need the details of the house and your situation to be able to say for sure. Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.
Q: What is a Short Sale?
A: A Short Sale is a Lender’s voluntary acceptance of less money than is owed to allow a property to be sold as an alternative to foreclosure.
Q: Why would a Lender approve a Short Sale?
A: If the Lender believes the Short Sale offer is better than what they would net if they took the property back at foreclosure and sold it themselves, they will most likely approve a Short Sale. The costs of taking a property back in foreclosure are tremendous for the Lender, including accrued interest, attorney's fees, listing charges, and maintenance costs.
Q: How do I know if a property is a Short Sale prospect?
A: If the homeowner is behind on their mortgage, has some sort of hardship, and does not have the financial ability to solve the problem on their own, then it might be a good Short Sale prospect. Time is of the essence with Short Sales. Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.
Q: Why would a homeowner opt for a Short Sale?
A: A successful Short Sale will prevent a foreclosure from appearing on the homeowner’s credit report. If the home is foreclosed on but the mortgage company is not able to sell the home for what is owed on it and recoup all of their costs, the homeowner is still obligated for the difference. In addition, the Lender will tack on the arrearage, interest charges, legal fees, listing charges, and maintenance costs of the home while it is up for sale. In pursuing a Short Sale vs. foreclosure, the homeowner will also have the satisfaction of knowing they tried everything possible to fulfill their obligation to the Lender on the money they borrowed. Contact us Today by clicking here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you and if you have other options besides a Short Sale.
Q: How much does your service cost me?
A: Not a penny! There are absolutely no fees or costs to the homeowner for our services in probably 99% of our transactions.
Q: What about my commission?
A: For agents and brokers that bring us sellers that we are able to help and close on the deal you will “GET PAID”. We want you to bring us all your sellers that you can’t help for whatever reason so you will “GET PAID”. Now if the seller or house situation doesn’t allow much of a profit margin then we can’t pay you you’re full commission if the numbers don’t work to allow that, but something is better than nothing, right? Bring us all your sellers that need to sell TODAY or are over-leveraged / under water and let us help you help them.
If you have additional questions please give our office a call at (817) 550-5069 Ext# 1000.