FAQ

Frequently Asked Questions

Q: What type of houses do your buyers look for? 

A: Our buyers purchase properties in a ll types of conditions, sizes and price ranges. They buy them "as is", so you do not have to make repairs.  

Q: How many distressed properties have your buyers purchased? 

A: Our buyers have participated in well over 1,000 transactions in the city of Los Angeles and on the west side.  

Q: Do I need to pay for an appraisal? 

A: No, as an appraisal is not necessary because our buyers pay ALL CASH. 

Q: Will the buyer require a termite inspection and any necessary work? 

A: A termite inspection is NOT required by you as well as any termite repairs or fumigation. 

Q: Do I need to make any repairs should the buyer request? 

A: The buyers will purchase your property "as is" and do not require you to make repairs.  

Q: What is the time frame from start to finish? 

A: This depends on you...the buyer can close in as little as 7 days; or if you require a longer time frame, not a problem. They can close and you can stay in your property for as long as 30, 45, 60 days if necessary. 

Q: Who handles the sale? 

A: All transactions are handled by a third party entity which is also known as an escrow company. 

The Noel Team will make sure all forms needed to release liability from you are signed by the buyers.

Q: How do I get paid?  

A: After notification from escrow that the transaction has been confirmed recorded, you will receive all of your funds in 24 hours via a check or direct deposit to your bank.

Q: Am I obligated to sell my house? 

A: Absolutely not...we can present the buyers offer to you and if it meets your needs perfect; if it does not, that is fine too. There is never any pressure for you to sell.

Q: How long do I have to accept an offer? 

A: Time is of the essence...the buyers' funds are available on a first come first serve basis. They make numerous offers on properties like yours all over the city. You are given a time frame to respond to their offer, but they do reserve the right to withdraw their offer at any point before you sign acceptance.   

Q: When can I expect to hear from you?

A: We will get back to you as quickly as possible. However, we strive to return calls and emails within 24 hour time frame. If you need to speak to us sooner, just let us know either by phone at (O) (310) 482-2172 / (C) (310) 994-8721 or email rebecca@sherrinoel.com to call you as soon as possible. 

Q: What happens after I accept an offer? 

A: It is relatively an easy process. We open escrow with the escrow company, providing them with the necessary paperwork and the buyer will wire initial deposit to escrow. Within 7 days (minimum); or the agreed upon number of days for your escrow period, and the signing the final paperwork, you will have your money!

 

These are just a few questions clients like you may have. Please contact us for a NO OBLIGATION meeting to see how we can help you!