Maybe you have a few questions. Totally understandable; most people do. So here’s a short list of some of the questions people ask us… as well as our responses. If you still have a question, please don’t hesitate to contact us (or give us a call) and we’ll be glad to answer it for you.
Table Of Contents
- Who are you?
- Is a “we buy houses company” right for me?
- How do I get an offer?
- How long does it take to get an offer?
- What if my house needs repairs?
- I’m facing foreclosure. Will you still buy my home?
- How do you determine your offer?
- Are there any fees or commissions to work with you?
- Is there any obligation to get an offer from you?
- What types of properties do you buy?
- Does selling my house to Pegasus Home Buyers cost anything?
Q: Who are you?
A: You can learn more about our team on our company page.
Q: Is a “we buy houses” company right for me? I’m not desperate to sell.
A: Ultimately, that is up to you if working with a cash home buyer like Pegasus Home Buyers would be the best decision for your family. The majority of homeowners we work with are not desperate or trying to avoid foreclosure; most just want out of their property with a fair price and easy process. They’ve had bad experiences listing their homes with a real estate agent or just want to avoid making repairs, cleaning, or paying for upgrades. There is no obligation to get a cash offer from us, so why not see what we can offer?
Q: How do I get an offer from Pegasus Home Buyers?
A: Fill out the form below or give us a call and a Pegasus Home Buyers member will contact you ASAP.
Q: I need to sell my house fast. How long might it take for me to receive an offer on my home?
A: Each situation is unique, but we pride ourselves on being able to make accurate and fair offers within 24 hours on a business day.
Q: What if my house needs repairs?
A: That’s ok. We buy houses in “as-is” condition. Which means you don’t have to make any repairs.
Q: I’m facing foreclosure, will you still buy my home?
A: Yes, as long as the foreclosure has not been finalized (the bank owns it), we can make you an offer.
Q: How do you determine your offer?
A: Here’s how we determine what to offer for your property:
1. We Determine The Market Value Of Your Home In Massachusetts.
The first step is to create a comparative market analysis or a CMA. A CMA is the first step in determining what homes are comparable to yours. We look at all houses that have recently been sold within one mile of your property, with similar (comparable) characteristics to your home (same square footage, number of beds/baths, etc. ).
We then look at their sold price. This gives us a very accurate market value of your house if your house is in the exact same condition as these other houses that have been sold.
2. We Determine The Cost Of Repairs.
The cost of repairs is what it will cost to bring your house to a very similar condition as those that have recently sold in your area. During our walkthrough, we will note what repairs are needed. Don’t worry! You won’t have to make any repairs. This is just for our contractors to know what needs to be fixed once we buy your home.
3. We Make You An Offer.
Once we complete our walkthrough, we will finalize our offer and present you with a written cash offer.
If you accept the offer we can discuss a closing date where you will receive your cash and be completely done with the house! Congratulations, you just sold your house without any hassle, fees, or commissions. Here you will find an actual example explained in detail.
Our Cash Offer = After Repair Value (ARV) – (Renovation Costs + Our Selling Costs + Our Minimum Profit)
For Example – So, let’s say the After Repair Value (ARV) of your property is $600,000 after we’ve renovated it and we had to pay for $70,000 worth of repairs in order to make it market-ready. Here’s how we would calculate our cash offer to you: $600,000 – ($70,000 in repairs + $36,000 in selling costs + $54,000 minimum profit) = Our cash offer would be $440,000.
Q: Are there any fees or commissions to work with you?
A: When we buy your home, there are NO commissions or fees! You can rest easy knowing you won’t have extra costs when you sell to us.
Q: Is there any obligation when I submit my info?
A: There is absolutely no obligation. Once you tell us about your property, we make you a fair cash offer on your home and you can decide if it’s a good fit for you and your family. 100% Free and no pressure!
Q: What types of properties do you buy?
A: Pegasus Home Buyers buys residential homes, condos, land, mobile homes, townhomes, duplexes, triplexes, quadplexes, apartment complexes in any condition!
Q: Does selling my house to Pegasus Home Buyers cost anything?
A: No. There is no upfront investment from you. There’s no service charge, commissions, or closing costs when selling your property to us. We also don’t require you to make any repairs to your property.