(804) 223-2027 info@oandhprosperity.com

Hey Sellers….Here are Your Answers

Frequently Asked Questions

HERE FOR YOU EVERY STEP OF THE WAY

What kind of properties do you buy?

O & H Prosperity Group LLC will consider many types of properties for purchase including single family homes, multi-family homes, condos, duplexes, apartment buildings, townhouses, land, lots and many other properties. To get an offer on a property, fill out this form or give us a call at (804) 223-2027.

Can you guarantee that an offer will be made on my house?

Each house is evaluated by our team on a case by case basis as we evaluate several factors related to the home. It’s our mission to make an offer that is acceptable for all parties and if that cannot be done, we won’t waste your time.

If I sell my home as-is, do I need to disclose any issues with the property?

Yes! We want to know if your property has issues like mold, water damage, foundation problems, a faulty roof, etc. But keep in mind that we will buy your home as-is even if it needs extensive repairs.

Do I need to clean up the property or make any repairs before selling you my home?

No! Don’t worry about fixing up your home or getting rid of excess trash or items. We’ll take your home in its current condition.

How long will I have to wait to receive an offer on my home?

After your home has been fully evaluated, you can expect to receive an offer within 48 hours.

What do you consider to determine the cash offer?

Our assessment process involves analyzing various factors such as the property’s geographical location, necessary repairs, overall condition, as well as sales data of comparable homes in the vicinity.

Are there any fees or commissions to work with you?

We do not charge any fees or commissions when you choose to work with us. Our process is straightforward – we will present you with an offer and if it meets your expectations, we will purchase your property without any additional hassle or fees.

How are you different from a real estate agent?

A real estate agent represents the interests of the seller or buyer and earns a commission for their services. Real estate agents typically list properties on the market and wait for potential buyers to make an offer. However, in many markets, the average time it takes to sell a property can range between 6 to 12 months. Additionally, when working with a real estate agent, sellers are expected to pay a commission that is a percentage of the final sales price. This commission can be quite substantial, often ranging from 3 to 6% of the sales price, which means that on a $100,000 house, the commission fees alone could amount to $3,000 to $6,000. While real estate agents offer valuable services for those who have the luxury of time to sell and can afford the commission fees, it may not be the ideal solution for those looking for a quicker sale or those who wish to avoid paying high commissions.

On the other hand, we purchase properties directly from the seller without the need for intermediaries such as agents. We buy properties in as-is condition and are known for making quick cash offers, often closing within a week. We usually aim to purchase properties at a lower price than market value based upon the “as is” condition. While real estate agents can help sellers list their properties and find buyers, we as cash buyers can offer sellers an alternative solution that may be quicker, simpler, and without the costs associated with traditional real estate transactions.

Do you list my home on the MLS?

We operate differently from real estate agents in that we do not list or represent houses for sale. Instead, we have a set of specific buying criteria and we purchase properties that meet these criteria. Once we have acquired a property, we may opt to renovate it before reselling it to another homeowner, or we may choose to retain it and rent it out ourselves. Our focus is on buying properties that we believe have potential for value-added enhancements or rental opportunities, rather than listing properties for sale on behalf of the owner.

Will you purchase my property if I do not live in the same city as the property?

Certainly! We have established partnerships with reliable title companies that enable us to provide sellers with the convenience of closing the deal from anywhere across the country. During our initial discussions about your property, please inform us of your location and the location of the property and we will make the necessary arrangements with our trusted title companies.

O & H Prosperity Group, LLC

Email

info@oandhprosperity.com

Mailing

84 Southgate Square #1067
Colonial Heights, VA 23834

Phone Number

(804) 223-2027