Frequently Asked Questions
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What is OfferTeam?
HomeOfferTeam is a locally owned, direct home buyer. We purchase houses direct from the owners, which allows for the customization of a truly custom tailored. Not all sellers are created the same or have the same needs, so working direct with you allows HomeOfferTeam to create a plan unique to you!
Why was OfferTeam created?
HomeOfferTeam was created to allow homeowners to sell their houses on their terms. For many people, listing a home on the MLS is not their best option. That only left one other choice; try to sell to a traditional low-ball home flipper. HomeOfferTeam was created to create the best of all worlds where you can sell quickly at a fair price while selling as is and not dealing with the traditional selling process.
Where is OfferTeam currently buying homes?
We are actively purchasing homes and land in the Raleigh-Durham market and in the Charlotte market.
What types of homes does OfferTeam buy?
Today we're purchasing homes that fit a significant criteria. One of the unique things about HomeOfferTeam is that, due to a vast array of team experience, meet almost any criteria. From new homes to homes in need of heavy repair to vacant land, HomeOfferTeam can cover it all. Regardless of your property location or condition, we want to make you an offer!
How quickly can we close and move?
We can close on your timeline. That may mean a matter of days or a delayed closing to meet your needs. Most homeowners need around 30 days to complete the transaction.
What if I have a listing agent?
We are always happy to work with any agent that may have your home listed. We will need to be provided their contact information and are happy to make our offer through them.
What do you do with my house after I move?
After we purchase your home, we handle the repairs, and maintenance. We often make additional investments such as landscaping, painting, replacing countertops and floors. Once the house is ready, we put it on the market so that buyers can tour it and make offers accordingly.
How do you keep my information secure?
Any and all information about you, your home or details surrounding your payoff are strictly kept in house. No information is ever shared outside of our company officials.
How does OfferTeam determine my home’s purchase price?
We take hundreds of factors into consideration, including:
- The information that you submitted about your home, including its special features and upgrades (Sending photos can be really helpful)!
- Current local market trends like home price appreciation or depreciation.
- Recent sales of similar homes (a.k.a “comps”). First, we find homes that are within a half mile of yours that have similar features, and use them as a baseline for your home’s price. Then we make line item adjustments.
What are the typical fees I would pay selling my home to OfferTeam?
When selling to HomeOfferTeam, you do not pay fees. We pay for closing costs, buy the home in as-is condition and allow you to leave any unwanted items in the house after closing. Since we are working directly with you, there are no Real Estate agent fees to pay unless you have already listed your home with a Realtor.
How will I receive my offer?
Receiving an offer on your home from HomeOfferTeam is instant, free, and comes with absolutely no obligation. Simply enter your home address and we’ll walk you through some quick questions about the home’s condition, features, and upgrades. We want to know about all the things that make your home special, and we’ll consider these details when generating your offer.
How long is my offer valid?
There are many factors that determine how long we can guarantee an offer for. Your personal representative can answer that question for you once the offer has been made.
What happens after I accept my offer?
The closing process begins! We will coordinate with you to schedule the inspection and gather any needed information to prepare us for closing.
How long does the inspection process take?
There are many variables to determine this, mainly revolving around the size of your home, the year built and the general condition. Typically, it takes between one and two hours.
Who reviews the inspection report?
Any findings are reviewed internally by HomeOfferTeam to make sure the condition of the property is within the realm of what our estimated repair budget is for your house. There is no work or labor for you to do at this time, we handle all this in house.
What areas of my home are you looking at?
HomeOfferTeam will need access to your entire home during our inspection. When your inspection is scheduled, we will provide you with a guide that will help you prepare for the inspection and provide you with an overview of the most common items we evaluate during the inspection process.
How does my mortgage get paid off?
The closing attorney handling the transaction will send the final payoff payment to your lender, the remaining funds (less closing costs) will be wired to your bank account.
I need a specific closing date for the purchase of my new home.
We are happy to work with you with a closing date up to 90 days from your signed contract date. As your closing date approaches, if you need the date adjusted, please let your Closing Consultant know and we will send you an addendum to your purchase contract. If you find that you need a closing date beyond 90 days, we may be able to work with you on a case-by-case basis.
Can I stay in my home after it closes?
Yes, HomeOfferTeam offers our extended stay program which allows you to stay in your home for up to three days after closing. This program helps sellers avoid the rush of having to close and move in one day. Combined with our Free Local Move, HomeOfferTeam hopes to relieve much of the stress associated with selling and moving. Sellers taking advantage of the extended stay program are required to sign a post-possession agreement. There is no cost for this service, but certain details apply.
Have more questions?
Our customer support is here to assist you. Contact our support
team via email or phone: 919-432-4177.