Elite Home Acquisitions FAQs
Maybe! While online tools like Zillow can provide estimates of a home’s value, it’s important to understand that these are just estimates and may not always accurately reflect the true market value of your property. Companies generate its estimates using an algorithm, and it may not take into account specific details about your home, recent upgrades, or the current market conditions in your area.
We are looking for a fair deal that reflects the current market conditions and the value of the property and believe in making reasonable offers that are based on thorough research. We purchase properties in a variety of ways including CASH, seller finance and “Subject To.” In some situations, we are willing to pay ABOVE market value if the terms are profitable for our business model. Our goal is to establish a mutually beneficial situation.
No. We are a team of Investors and home buyers that traditionally purchase distressed properties or value add opportunities. If you would like to pursue an “On Market” listing, we can refer you to a list of local experts who may assist you in this process.
We compare your property to others that have sold in the same area recently. We take into consideration the current condition, amount of work it needs to match other on market or recently sold properties, location and our anticipated ARV (how much the property will sell for once all work is completed).
Yes! We will gladly cut you a check for up to $500 if we close on a property that you referred us to. All you need to do is send an email or a text message introducing the potential home seller and we take care of the rest. If we purchase the property, we will cut you a check on closing day!