Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s 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 (or give us a call at (281) 595-7550) and we’ll be happy to answer it for you.
- Who Is Millennial Home Solutions
- Will Cash Home Buyers List My House on The MLS
- Is a “We Buy Houses” Company A Good Fit For Me?
- Do You Pay Fair Prices For Properties?
- How Do You Determine The Price To Offer On My House?
- Does My Offer Expire?
- Should I Provide Photos?
- Will You Look At My Property In Person?
- Are There Any Fees Or Commissions To Work With You?
- How Are You Different From A Real Estate Agent?
- Is There Any Obligation When I Submit My Info?
1: Who Is Millennial Home Solutions?
A: We are a Houston-based home buying company that buys homes for cash in Houston as well as various areas across Texas. To learn more about who we are be sure to visit our company page. We want you to learn more about who we are before you decide to work with us.
2: Will Cash Home Buyers List My House on The MLS?
A: Great question. While one or more people on our team may be licensed agents in the state of Texas, we are not acting in that capacity and not representing any party when we make an offer to buy your house. We are professional home buyers: We buy houses across Texas that meet our purchasing criteria. From there we may renovate and resell, partner with an investor in our network or keep the property for ourselves. It all depends on what strategy makes the most business sense, however what we do with the property after closing will not affect your net proceeds.
3. Is a “We Buy Houses” Company A Good Fit For Me?
A: Most of the sellers we’ve worked with in Texas all had varying situations, yet one thing was always the same, they all wanted a hassle-free process. We understand that the majority of home sellers will list their houses on the open real estate market. We also understand that this traditional process does not fit everyone’s circumstances.
If you find that you do not have the time to list your house on the market or maybe your property needs major repairs that you cannot afford, then a “we buy houses” company might be a good fit for you.
Because we buy houses as-is, no matter the situation or condition, we offer a great option to sell your house quickly with simplicity if you choose to do so.
Our end goal is to create a solution that is tailored to your situation. We will lay out your options and allow you to determine what the best fit will be for you. It doesn’t hurt to see what your options are!
4: Do You Pay Fair Prices For Properties?
A: Great question! Yes, we definitely pay fair and honest prices for properties.
Keep in mind though that there is a difference between a fair price and “market value.” If the house is in need of updates or repairs then that value will be taken into consideration when we make a cash offer. However, that does not mean we cannot pay close to market value as well. With our knowledge of various real estate strategies, we can oftentimes pay more than other real estate investors by utilizing creative financing strategies. If a cash offer does not work for you, we can present you additional offers that might be a better fit.
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… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
5: How Do You Determine The Price To Offer on My House?
A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the values of comparable houses sold in the area recently. If you’d like to learn more about how we buy houses, visit our “how we buy houses” page.
6. Does My Offer Expire?
A. Yes. Home values will often change based upon market activity, competition and other factors. Our offers will usually expire in three days from the date of the offer. However, we are happy to provide you with an updated offer, just click on the “Renew Offer Now” button within the email we have sent you. Please be aware that our renewed offer price may be unchanged, higher or lower than your original offer depending upon current market conditions. In rare instances, we may conclude that we are unable to renew an offer.
7: Should I Provide Photos?
A: Yes! It is definitely recommended. Our offers are not computer generated so it helps us with the process. Our team of real estate professionals evaluate every property carefully and photos help them to have a more accurate understanding of your home’s condition, features and overall value.
8: Will You Look At My Property In Person?
A: Yes. We can typically make an offer and begin the paperwork with your detailed property description and photos that you may have provided. Once we have a written agreement in place we will conduct an in-person assessment with our financial partners and contractors within 14 days of the signed agreement. The purpose of the assessment is to verify the specifications of your home, its condition and confirm our repair estimate.
9: Are There Any Fees or Commissions To Work With You?
A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it to make a return on our investment (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).
10: How Are You Different From a Real Estate Agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: we’re direct home buyers. We actually buy houses. We don’t list houses (unless that’s the option you prefer). Since we’re actually the ones buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own private financial partners, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
10: Is There Any Obligation When I Submit My Info?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us.
Want To See What We Can Buy Your House For?
Fill Out The Quick Form Below To Get A No-Hassle, No-Obligation, All-Cash Offer
Learn The Pros and Cons Of Selling Your House To Local Professional Home Buyer– FREE Guide:
Download our FREE Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash.
Get the FREE Guide and then give us a call at (281) 595-7550 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.