Dr CASH Home Buyers

Frequently Asked Questions

What is the advantage of selling my house to you?

There are several key benefits to selling your house to us. First, simplicity—because we are real estate investors buying with cash, there are no third parties like banks or mortgage lenders involved. Second, we provide quick purchase offers. After visiting your property, we can make an offer on the spot or within a few hours. Third, fast closings. You won’t need to make any repairs. We’ve already inspected your house, and any needed repairs are factored into our offer. This allows us to close quickly, and we handle the repairs later. You can also compare [Company Name] vs iBuyers and [Company Name] vs Realtors by clicking the links.

Do I have any obligation or fee for your visit to my house?

No. There are no fees or commissions. We are home buyers and real estate investors. While some of us are licensed realtors, we are not representing you or anyone else in this transaction. There is absolutely no obligation or fee for us to visit your home.

How fast can you complete the sale?

We can complete the sale very quickly—sometimes in just a few days—depending on the title company’s speed in processing the title search, provided there are no title issues.

When will I receive my cash?

You will receive your cash on the day of closing at the title company. On rare occasions, there may be a slight delay, and the funds could be transferred the following day.

Do I have to make any repairs?

No, you do not need to make any repairs. We buy homes in "as-is" condition, meaning we assume responsibility for any repairs needed.

Expert remediation is required for flooded houses to prevent future mold and mildew issues.

 

How do you determine what you will offer for my house?

We consider several key factors when making an offer for your house. First, we assess the potential repair and remodeling costs—whether we’ll invest in a high-end remodel for a retail sale or a more budget-friendly option for a rental property. Second, we evaluate recent comparable sales in the area to estimate the potential resale value in three to nine months. Finally, we factor in holding, marketing, and closing costs, which help us determine a fair offer. For more details, you can read our blog article on Estimating Home Value by a Real Estate Investor.

Do you buy rental houses with tenants?

Yes, we purchase rental homes and will honor the existing lease agreements. If we plan to remodel the property, we will give the tenants at least 30 days' notice before the lease expires.

What types of homes does [Company Name] purchase?

We purchase all types of residential properties, including single-family homes, rental properties, duplexes, ranch homes, vacation homes, coastal homes, and more.

Do you purchase other types of real estate?

Yes, we also buy multi-family properties and commercial real estate such as warehouses, self-storage units, and retail strip centers.

Can you complete a closing if one of the owners lives out of state?

Absolutely. We work with title companies that can handle closings with out-of-state owners, making the process smooth and efficient.

What if I am behind on my mortgage payments?

If you’re behind on mortgage payments, we can pay off the past-due amount as part of our cash offer. This will clear the lien (mortgage loan) from your property, leaving it free and clear.

What if there is a tax lien on my house?

If there is a tax lien, we’ll pay it off at the closing. Our offer will account for any liens that must be settled before the title can be transferred.

What if I inherited the property?

Inherited properties often come with deferred maintenance and can be unwanted. In these cases, selling "as-is" to a real estate investor like us is a great solution. You can sell the property for cash without the hassle of repairs or listing.

What cities do you buy homes in?

Our service area is continuously expanding. You can view the current list of cities we serve on our Location page.

Will I have to pay taxes when I sell my home?

We are not tax professionals, so we recommend consulting your CPA or tax advisor for specific guidance. However, generally speaking, the IRS allows up to $250,000 of tax-free profit for single individuals and up to $500,000 for married couples filing jointly, provided you lived in the home for at least two of the last five years. There are exceptions to this rule, such as in cases of divorce, death of a spouse, or military service. For more information, please check the IRS FAQ on capital gains and home sales, or consult with a tax expert.