Frequently Asked Questions
Maybe you have a few questions. . .
That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: At Madison Lea Homes, we specialize in professional home buying. Our focus is on purchasing houses in Dallas / Fort Worth that meet our criteria. With us, you don’t have to worry about bank financing as we have the ability to close deals on our own. We don’t list homes on the MLS because we are not agents. Once purchased, we may renovate the house and resell it to another homeowner or keep it as a rental property.
Q: How are you different from a real estate agent?
A: Real estate agents list and show properties to potential buyers, taking a 3 to 6% commission upon sale. Although selling a property can take 4-6 months on average, a skilled agent can expedite the process. The commission may seem high, but it can be a worthwhile investment in securing a successful sale.
We offer a different approach. As home buyers, we purchase your house directly from you with all cash, enabling us to make a quick decision, sometimes even the same day. We take on the risk of buying and repairing the house, and we handle the marketing ourselves, so you don’t have to. We also cover all fees, you pay NO commissions, NO closing costs, and NO fees when you sell your home.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Dallas / Fort Worth Agent | SOLD To  | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: In our business of purchasing houses, we often acquire properties that are priced below their market value. We believe that many sellers do not necessarily expect to receive a large sum of money for their property. Instead, they appreciate the convenience of receiving cash, closing the deal quickly without waiting for financing, and not having to spend time, effort, or money on repairs or agent fees. If you’re looking to sell your property fast and see the value in a hassle-free transaction, we would love to work with you to come up with a mutually beneficial price.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: Great question! We value transparency and try to keep our process as simple as possible. Firstly, we analyze the location of the property, the necessary repairs, the current condition of the property, and the recent sale prices of comparable homes in the area. Then, we determine a fair price that is mutually beneficial for both parties involved.
Q: Are there any fees or commissions to work with you?
A: We offer a different way to sell your house with no fees or commissions. When you sell directly to us, you won’t have to pay listing fees, which can be as high as 6% of the sale price. We’ll make you an offer, and if it’s a good fit, we’ll buy your house without any hassle or fees. We make our profit after we pay for repairs and sell the house for more. We take the risk of whether or not we can sell it for a profit. You walk away without having to worry about the property or its payments and with cash in your hand.
Q: Is there any obligation when I submit my information?
A: We understand that selling a property can be a big decision, and we respect your right to choose. Our team will assess your property and provide you with a fair, all-cash offer. If you’re interested, we can set up a call to discuss the details further. However, there is absolutely no obligation on your part to sell to us. We believe in empowering our clients to make the decision that is right for them.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Dallas / Fort Worth homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 972-945-7299. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.