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 Howell Properties LLC, we are professional homebuyers with a straightforward approach. We buy houses Toledo that meet our purchasing criteria, and because we don’t rely on bank financing, you won’t have to worry about the deal falling through. We have the funds ready to purchase your home directly, ensuring a smooth and timely closing process. After buying your property, we may choose to make any necessary repairs and resell it to another homeowner, or we may keep it as a rental property ourselves. Either way, we’re committed to making the process as easy and hassle-free as possible for you.
Q: 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 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ 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 not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Toledo Agent | SOLD To Howell Properties LLC | |
|---|---|---|
| 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: Many of the houses we purchase are typically priced below market value. This is because we are looking for a property we can resell at a profit to another homeowner. We’re not looking for a “steal” but rather a fair discount that allows us to make necessary repairs and improvements before reselling. In our experience, many sellers aren’t expecting a large windfall or top-dollar sale; instead, they value the convenience of a quick, hassle-free transaction.
Sellers appreciate that we offer cash, so there’s no waiting for financing or worrying about deals falling through. We close quickly, on your timeline, and you don’t have to worry about spending time or money fixing up the property. There are also no agent fees, commissions, or closing costs to worry about. If you’re looking to sell fast, without the usual stress and costs of a traditional sale, this could be the perfect solution.
Our commitment to no-obligation pricing means you’re under no pressure to accept our offer. We simply want to give you the option to see what we can offer and determine if it’s a win-win for both sides. It’s always good to know your options, and we’re here to offer a straightforward, fair cash price for your home.
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, and we’re happy to provide all the details! Our process is fully transparent, and we believe in keeping everything clear and straightforward. When we evaluate a property, we carefully consider several key factors to come up with a fair and reasonable offer.
First, we assess the location of the property. The neighborhood and its proximity to amenities, schools, and other important areas can significantly impact the home’s value. We also look at the current condition of the property, including any necessary repairs or updates that would be needed to make it market-ready.
In addition to the property’s condition, we compare it to similar houses recently sold in Toledo to get an accurate picture of current market trends and values. This comparison helps us ensure that our offer aligns with what similar homes are selling for in the area, while also taking into account the repairs and improvements that would need to be made.
By analyzing all of these factors together, we’re able to determine a fair price that makes sense for both parties—ensuring that you, as the homeowner, get a reasonable offer, while also allowing us to purchase the home at a price that makes sense for our business. It’s all about fairness, transparency, and working together to find a solution that meets your needs.
Q: Are there any fees or commissions to work with you?
A: Experience the difference when you choose to sell your house directly to Howell Properties LLC. Unlike traditional home sales that involve costly fees and commissions, we make it easy and straightforward—there are absolutely NO fees or commissions when you sell to us. In typical real estate transactions, listing fees can eat up to 6% of your sale price, but with us, we present you with a fair, transparent offer, and if it meets your needs, we handle everything from start to finish without any hidden costs.
In fact, we may even cover the closing expenses, further reducing your financial burden. Our profit comes from the investment we make in necessary repairs and improvements, as well as from reselling the property, not from charging you fees along the way. By selling to us, you avoid the uncertainty, time, and expense of repairs, showings, and the lengthy waiting process that often comes with traditional listings.
When you sell your house to Howell Properties LLC, you can walk away with cash in hand, knowing you’ve avoided the typical headaches and financial strain of property ownership. It’s a hassle-free, no-pressure solution that gives you the peace of mind you deserve.
Q: Is there any commitment when I provide my information?
A: You are under absolutely no obligation at any point in the process. Once you share the details of your property with us, we will carefully evaluate the information you’ve provided. If needed, we may schedule a call to discuss things further and ensure we understand your situation completely. After that, we’ll present you with a competitive all-cash offer that reflects the value of your home.
The decision to sell your house to us is entirely up to you. We understand that this is a big decision, and we respect your choice. Our goal is to provide you with the information and options you need to make the best decision for your circumstances. Whether you decide to move forward with us or explore other options, you’re in control, and we’re here to support you in whatever you choose.
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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 Toledo homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (419) 273-7355. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.