Support now: (423) 383-4094

Email : support@ivoryestate.com

FAQs

Frequently Asked Questions

Select one of the frequently asked questions below to learn more about our buying process and your available options as a seller. Also, begin to think about important things to consider when diving into your real estate search.

Questions about selling

Great question. I work with a group of investors and we are professional home buyers: We buy houses in Hamblen County, TN, that meet our purchasing criteria. We are not licensed agents or brokers. We will not list your house to search for a buyer. We actually BUY houses with cash on the spot, saving you time and energy. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.

Great question, and we are an open book. Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner or investor). We are looking to get a fair discount on a property. At any moment we are more than glad to explain in detail how we reached the cash offer. We do this because we are confident we are providing fair value based on reason and risk management. (Click here for a comparison chart listing with Agenst vs Investor)

In our experience, many sellers aren’t expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close at your convenience (either quickly or when you’re ready) with no waiting for financing, and no time, effort, or expense is required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… so there is nothing to lose and it’s good to know what we’re offering!

Our process is very straightforward. We use many factors to determine the cash price for your home and will do research before we meet and during our home review with you. We will evaluate:

  • Similar homes that have sold recently in the nearby area.
  • Current condition of your home.
  • The cost and extent of repairs required on your home.
  • The costs of maintaing the home while repairs are made, including insurance, taxes, utilities, HOA fees, loan payments and more.
  • Cost of commission when selling the home with a real estate agent and other acquistion fees (escrow/title).
  • The Urgency of the situation
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Once we have reviewed and evaluated the condition of your home, we will make you a fair all-cash offer on your home, based on what we feel the retail value will be after a full renovation. The price will be below market value so that we can resell the property, after repairs, to make a profit. The advantage to you is that we pay cash and close fast, which can save you a lot of time, headache and money, which can be a great deal if you need to move quickly. (Click here for a price comparison chart between listing with an agent or selling to an investor, or here to read on in more detail about our selling process.

We buy all types of homes. Any size. Any condition. Any situation. You don't need to make any repairs, or even clean before we buy your home. If you're in financial distress or just ready to move on to the next phase and are having a hard time selling, we are confident that we can help to find a solution that works for both of us. Often times we can make you a fair cash offer almost immediately and close very quickly. Just give us a call!

Yes! We buy homes in any type of financial situation. In fact, buying houses to avoid foreclosure is one of the most common ways we help sellers! We work directly with the banks, are very familiar with the foreclosure process, and often buy homes that are behind on payments. If you are behind on payments, we can work out an arrangement with your lender to get you out from under the property, on your behalf.

The process is very simple. Call us at 423-383-4094 or submit your information on the CASH OFFER form on this page. Once you have submitted the form, the information will be sent to our office. We will contact you within 24 hours to discuss your home and your situation. If the situation is a win-win for both you and us, we will make an offer on your home. You will then determine if you wish to accept or reject our offer. If acceptable, a viewing will be made to check the house out for a repair estimate. Once we know for certain how much will be needed for repairs, we can then jointly sign the purchase agreement on the spot. Once the funds clear and become available we hold a formal closing with our title company: They will clear title, give us the deed, and hand you the amount we agreed upon in our purchase agreement. (Click here where we list every step in the process)

Our suggestion would be that you go ahead and fill out the form so that we can contact you. After that time, you may wish to contact your realtor to see what happens if you find your own buyer. Sometimes their commissions can be waived or fees can be significantly lowered.

We primary focus on houses in the Eastern TN region of Hamblen County, but are not opposed to reviewing opportunities outside of our primary area. These are just a few of the many scenarios we can help with:

  • Underwater on their mortgage or behind on payments and facing foreclosure.
  • Home needs major repairs and they cannot afford the time or money to do them.
  • Inherited property that needs to be liquidate to distribute the assets.
  • Relocating to another part of the world.
  • Going through a divorce and the home needs to be sold quickly.
  • Landlord is tired of managing a rental property
  • The most common reason we buy a home is the seller needs to close quickly and without hassle. (Click here for more types of reallty problems we solve)

Yes, closing through an agent on the MLS will bring in a higher price! If a sellers primary concern is getting close to market value, a realtor is their best bet. Our services are either for those in need and they must sell quickly, or for those preferring less hassle, have worked the numbers and see it makes sense: paying cash can speed things up by half a year to a full year, eliminate a dozen middle men, and avoids other fees and commissions, not to mention the time, cost, and energy for repair costs. It is stressful and complicated selling the traditional way, yielding only an average 12% higher in pocket return (82% vs 70% - w/o repairs). See why putting 100% of the market value in your pocket isn't possible when listing on the MLS by reading this comparison chart. (Read about the difference between Market Value and Aprraisal)

As with the other 99% of investors paying cash for properties, we purchase below market value. On average, getting cashed out through an investor usually means getting 10-20% below what one would get in pocket at a realtor! (Check out this comparison chart and see why, for many situations, getting cashed out makes sense, even when receiving less.) Call us if your situation requires or prefers expediency with less hassle.

Yes. Because divorce settlements are often complicated, many people contact us as they understandably want to keep the sale of their house as uncomplicated as possible. We are experts at that.

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Listing vs. selling to us

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Free No-Obligation CASH Offer