Frequently Asked Questions
If you are looking to sell your house and are looking at potentially selling directly to a house buyer in the Madison and Dane County region, Wisconsin House Buyers can help.
Below are some of the most frequently asked questions we get from folks looking to sell their home to a local home buyer in the area. If you have follow up questions you can reach out to us at (608) 721-5994, submit your question on our contact page, or receive a cash offer to see if selling directly to Wisconsin House Buyers will work for you. All it takes is a quick online form with some property info. Onto the questions and answers…
Q: Are you still buying houses right now?
A: At this time, May 2020, we are still buying houses. We are taking extra measures to ensure the safety of clients and of our team in accordance with the COVID-19 state guidelines for doing business. This includes options for virtual consults and numerous other safety measures.
You can view the full set of precautionary measures here. We will continue to take any measures necessary to ensure you feel safe doing business with us and that we keep our team safe going forward.
Q: Will you be listing my house on the MLS or actually buying it?
A: Our intention is to help you find a solution that works best for you. Primarily, we aim to provide a cash offer for your home and buy it directly from you. That means no agents, marketing, commissions, showings, or all the other stuff that goes with a traditional sale.
Q: But what if a cash offer price doesn’t work?
A: A cash offer isn’t always the right option for people. If you want to consider both options, our team can provide a side-by-side cash offer vs. listing comparison for listing it with our broker and team member, Dan Breunig (when we go to sell a refinished house we usually list it ourselves with Dan).
See more about our team, mission, and values on our company page. Just like anything else we do here, there’s no obligation in our evaluation phase so you can elect to work with us, Dan, or go in another direction.
Q: Where do you buy houses?
A: We buy houses in Madison, Wisconsin and the surrounding communities. It’s probably easiest to just say we buy houses in all of Dane County but for an expansive list visit the locations we buy houses page.
If we do not actively invest in the Wisconsin market you are located in, then we have a vast network of problem solvers around the state and can still assist you either directly or with another trusted house buyer in our network. We only work with like-minded investors looking to solve your problem quickly and to everyone’s advantage.
Q: Do you pay fair prices for properties?
A: Yes, we pay fair prices. If we did not pay a fair price, then no one would ever sell us their house. That being said, we prefer honesty around here and the truth is that we cannot pay you more than your house is worth. So if your house needs thousands in repairs, then we have to take that into consideration. Many of the people who call us want to sell quickly and avoid repairs or agents.
We also do not charge any fees to give a homeowner an offer. A unique aspect of the Wisconsin House Buyers offer process is that we actually provide a cost outline along with multiple options so that our clients fully understand why our offer price comes in where it does and what else they might want to consider.
Q: How do you determine the price to offer on my house?
A: True to our values, we like to be very straightforward and open about our buying process.
We have to look at the location of the property, the repairs that are required, the property’s current condition, and the values of comparable houses sold in the local area recently.
We look at many pieces of information so we can come up with a fair price that works for us and works for you too. We understand that our offer must meet your needs or it just won’t work. So we work hard to give you the best offer we can make. Plus, as already mentioned, we provide a full cost breakdown so you fully understand why our offer price is what it is.
Q: Do you provide a guarantee?
A: YES. How does a $5,000 earnest money deposit guarantee sound? That means that if we don’t meet our obligations under our agreement, you get to keep $5k and move on. Nobody else in the industry comes close. Of course, we’ve never had to forfeit our deposit, but we include it for your peace of mind.
Q: Are there any fees or commissions to work with you?
A: No. You will not have to pay any type of fee or commission to us if we buy your house. We work hard to make the house selling process easier for each homeowner we serve. We understand that having to sell a house can be a very stressful process.
So we try to make it easier and smoother. For that reason, we help pay the closing costs too. That means you get to keep more of your own cash in your own pocket. Saving money is always a good feeling.
We try to make your house selling experience go smooth. No hassles. No fees. No surprises.
Q: What do I have to pay for closing costs?
A: Normally, not much. We actually provide $1,000 extra in our offer to cover most or sometimes all of your closing costs.
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 several months) and then take a percentage of the sale price if they find a buyer. Need to sell your house ASAP? An agent won’t help you, but we can.
Real estate agents are salespeople who work on commission. That’s not a secret. So agents ask homeowners if they’ll hire them to find a buyer for their home.
However, we are that home buyer. We purchase houses directly from homeowners. So an agent is not necessary because you have already found us! You have just saved yourself 6 to 7 percent commission. That’s thousands of dollars!
We work hard to create an offer that works for both you and us. We want our offer to help you get out of a tough situation. That’s why we buy property in “As Is” condition. So once we buy your house, all it’s problems and difficulties are ours and you no longer have to worry about them.
Feel free to head over to our comparison page to learn more about the differences between selling directly to a local home buyer vs. holding it or listing it with an agent.
Q: Is there any obligation when I submit my info?
A: You will have zero obligation to accept our offer. We will give you our offer. Then we’ll answer any questions you may have. After that…it’s your decision. We will not hassle you or pressure you. We treat people like we would want to be treated. So we do not harass people.
Q: How else can you help ease my transition to a new place?
A: We’re here to help in any way we can. Need help with moving? Need help finding a new place to rent, purchase, or finance? How about storing your personal property for a while? Whatever it is, no problem. Let us leverage our network to provide assistance and discounts to the valuable services you need.
Q: I’m having trouble making payments. Can I stop foreclosure or pre-foreclosure once its started?
A: We have a couple of significant resource pages available for folks that are struggling to make payments. We do buy houses and may be able to help you avoid foreclosure. However, we’d also encourage you to check out these resource pages to see if there may be other foreclosure prevention options.
The first resource is a very in-depth guide on options to avoid foreclosure or pre-foreclosure in Wisconsin and the second is COVID-19 specific financial relief options. Please reach out if you have further questions about anything on these topics or if selling your house is an option you want to explore further.