How the offer is calculated, who holds the money, what happens with tenants, probate and back payments. Nineteen honest answers, grouped so you can go straight to the part that matters to you.
The offer is the part people are most wary of, so it gets the most detail. No rounding, no mystery discount, and no obligation to take it.
See the whole process step by stepWe start with what the house would sell for in good condition, based on homes near you that have actually closed recently, not asking prices. Then we price the work it needs to get there: roof, AC, plumbing, flooring, the pool, whatever applies. What is left, minus the margin that makes the project worth doing, is the offer. We will walk you through every line of that arithmetic if you want to see it.
The headline number usually is. The number that lands in your account often is not as far apart as people expect, because a listed sale carries commission, closing costs, repairs, staging, concessions and months of mortgage, taxes and utilities while you wait. Sometimes listing still wins clearly, usually when the house is updated and you have time. When that is the case we will tell you.
If we have not been inside yet, the first figure is based on what you describe. A short walkthrough, about twenty minutes, confirms it. If something significant turns up that neither of us knew about, we show you exactly what changed and why before anything is signed.
No. Asking costs nothing and commits you to nothing. Plenty of owners use our number as a floor and compare it against a listing agent's estimate. That is a sensible way to use it.
Yes. Fire damage, foundation movement, a roof at the end of its life, a green pool, a kitchen from 1978. As long as the structure is standing, we will make an offer on it as it is. You do not need to repair, clean or remove anything first.
Fast is available when you need it. Slow is available when you do not. Either way the money moves through escrow, never through us.
In as little as 3 days when the title is clear. Most closings take a little longer simply because sellers want more time, and that is fine. If the title needs work, such as an old lien or a probate step, the title company tells us how long it will take and we plan around it.
Yes. The date is yours. If you are waiting on a new build or need to get the kids through the school year, choose a date six weeks or more out. There is no penalty for taking your time.
A licensed Arizona title company. They confirm the title is clear, hold the funds in escrow, prepare the closing documents, pay off your mortgage and any liens from the proceeds, and record the new deed with the county. That protects you as much as it protects us.
In most cases, yes. If you would like to stay on as a tenant for a while, tell us at the start and we will build it into the agreement.
No. Take what matters to you and leave the rest. Furniture, the garage full of boxes, the old boat in the side yard. We deal with it after closing.
You will never write us a check. Here is how the loan, the liens and the tenants are handled when the house changes hands.
Compare a cash sale with listingWe do not charge commission and we do not charge fees. You never pay us anything at any point. How ordinary closing costs are handled is written into the purchase agreement in plain terms before you sign, so there are no surprises at the title company.
That is normal. The title company pays your lender directly out of the sale proceeds at closing, and you receive whatever remains. You do not need to pay anything off beforehand.
Then a straight cash sale may not cover the loan, and we will say so plainly. Depending on the numbers, a short sale approved by your lender, a loan modification, or waiting may serve you better. We would rather point you to the right option than buy a house on terms that leave you worse off.
Yes. We buy rentals with tenants in place regularly, whether the lease is current, month to month, or behind on rent. You do not need to get the property vacant first.
Every house comes with its own wrinkle. Call the office and ask it straight. If the honest answer is that you should list with an agent instead, you will hear that too.
Call (602) 717-6694The hard situations are most of what we do. These are the questions that come up when a sale is not just a sale.
Situations we buy throughUsually, yes. Once the court appoints a personal representative with authority to sell, that person can sign. If the house was held in a trust or passed by a beneficiary deed, probate may not be needed at all. We are happy to work around your attorney's timeline and buy the house with the contents still inside.
Often it is not. In Arizona a trustee sale cannot happen until at least 90 days after the notice of sale is recorded, which leaves time to sell if you move quickly. The earlier you call, the more options you keep, including options that have nothing to do with us.
Both owners on title need to sign, and the proceeds are split however your agreement or decree says. A cash sale removes the showings, the negotiating and the long listing period, which tends to lower the temperature for everyone. Each of you can have your own attorney review the contract.
Yes. We buy across the Valley, including Scottsdale, Mesa, Chandler, Gilbert, Tempe, Glendale, Peoria, Surprise, Goodyear and Queen Creek. If you are somewhere nearby that is not on that list, call anyway.
No. Kim's Properties buys residential property directly. We are the buyer, not your agent, and nothing we say is legal, tax or financial advice. You are always welcome to have an attorney or agent of your own review our offer.
Tell us about the house in a few minutes. We come back with a cash figure and the reasoning behind it, and you decide what to do with it.
