Frequently Asked Questions
1) How does this work?
Our process is simple. You simply call us, provide details about your property and set up a meeting for an agent to view the property. The agent generally makes an offer on-site. If you accept, you set a closing date and work with our title company to arrange the closing and your payment.
2) Who pays closing costs?
We pay all closing costs. We don’t pay things you might owe such as mortgages, liens and property taxes.
3) Do I need to make repairs?
No. Our offer will be as-is so you don’t need to make any repairs.
4) The house has a lot of stuff in it – what can I do about that?
Leave it behind! Simply pack up everything you want and leave everything you don’t want behind for us to take care of.
5) How long does the process take?
Our standard closing time is 21 days. That can be lengthened or shortened depending on your needs.
6) How does the closing work?
You will simply need a valid government-issued photo ID (i.e. driver’s license). You can either go into the title company’s office in Tampa to sign your documents on the closing day or we can send a mobile notary to anywhere you are.
7) I live out of state, do I have to come down to Florida?
No. As long as we can view the interior of the property, everything can be done remotely. You can sign the contract online, sign the closing docs with a mobile notary wherever you are and receive a wire transfer.
8) How do I get paid?
You can receive a wire transfer or a check. Simply let the title company know your preference.
9) The property needs probate – can you help?
Yes. We have arrangements set up with probate attorneys and may even be able to front the legal fees for you and deduct them from your net proceeds at closing. A standard summary probate costs around $2500-$3000.
10) Are you guys legit?
Yes. We have bought and sold over 200 properties throughout Florida since 2016. The best way to verify if you are selling to a real buyer is to search your county’s public records for your buyer’s LLC name. If they are real buyers, they will have a track record of homes bought and sold. You can find us by searching “Fair Price Properties” in your county’s public records portal.