FAQ

Have questions? We have answers…

See the most Frequently Asked Questions (FAQs) below

Will you pay “Full Market Value” for my house?

Once we determine what “Full Market Value” is, based on what the market tells us, we will offer you a fair price based on that value, the condition of the property, any back payments due, the average days on market to sell, and all closing costs.  If your home has no mortgage on it, many times we can pay “Full Market Value plus” if you can offer terms and finance it for us.  Ready to get started, click here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.

What is a Short Sale?

A Short Sale is a Lender’s voluntary acceptance of less money than is owed to allow a property to be sold as an alternative to foreclosure.

Why would a lender approve a Short Sale?

If the Lender believes the Short Sale offer is better than what they would net if they took the property back at foreclosure and sold it themselves, they will most likely approve a Short Sale.  The costs of taking a property back in foreclosure are tremendous for the Lender, including accrued interest, attorney’s fees, listing charges, and maintenance costs.

How do I know if my property is a Short Sale prospect?

If the homeowner is behind on their mortgage, has some sort of hardship, and does not have the financial ability to solve the problem on their own, then it might be a good Short Sale prospect.  Time is of the essence with Short Sales.  Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.  Don’t delay… Call TODAY!

Why would a homeowner opt for a Short Sale?

A successful Short Sale will prevent a foreclosure from appearing on the homeowner’s credit report.  If the home is foreclosed on but the mortgage company is not able to sell the home for what is owed on it and recoup all of their costs, the homeowner is still obligated for the difference.  In addition, the Lender will tack on the arrearage, interest charges, legal fees, listing charges, and maintenance costs of the home while it is up for sale.  In pursuing a Short Sale vs. foreclosure, the homeowner will also have the satisfaction of knowing they tried everything possible to fulfill their obligation to the Lender on the money they borrowed.  Contact us today by clicking here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you and if you have other options besides a Short Sale.

Is there another option if I don’t want to do a Short Sale?

Yes, there may be another option.  depending on all the details i.e., the mortgage balance, how far behind you are on the payments and/or taxes, the condition of the house, the location of the house, and the status with your lender, we may be able to step in and take over the mortgage balance, bring the payments current and STOP foreclosure (which we assume is your priority).  time is of the essence in these situations meaning, we need to talk now to determine if this option is best for you to “avoid” foreclosure on your credit.  Contact Us today to have a quick conversation and determine if we can help you or not.  Most times we can.  Call NOW!

How much does your service cost me?

Not a penny!  There are absolutely no fees or costs to the homeowner for our services in probably 99% of our transactions.

What kinds of houses do you buy?

TMC Property Solutions will consider any house, any condition, and any price or situation with the exception of homes in the hood or crime/drug-infested neighborhoods.  Ugly to beautiful, large or small, we buy them all.

How quickly can you close?

In most cases, we can close in a matter of days.  There are a few variables such as checking the title work, are payments and taxes current, are there any liens on the property that need to be taken care of, is the home over-leveraged or underwater, in which case it may take longer.  In general, we can close within just a few days once the above has been determined.  Ready to get started? Click here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.

Are you a real estate agent and are there fees or commissions involved?

No, we are not licensed agents or brokers. We are real estate investors who buy and sell properties on our own behalf. In any transaction, we represent ourselves and you represent yourself. That means that you do not pay us any commissions. If you buy one of our homes, the only fees involved are the normal costs and fees associated with purchasing a home.

What types of homes do you buy?

We buy all types of homes. Any size. Any condition. Any situation. You don’t need to make any repairs, or even clean before we buy your home. If you’re in financial distress, or just ready to move on to the next phase, and are having a hard time selling, we are confident that we can help to find a solution that works for both of us. Oftentimes we can make you a fair cash offer almost immediately and close very quickly. Just give us a call!

If I’m behind on my mortgage payments, can you still buy my home?

Yes! We buy homes in any type of financial situation. We work directly with the banks, are very familiar with the foreclosure process, and often buy homes that are behind on payments.

Do you purchase over-leveraged or under-water homes?

Yes, in most cases we have a solution for your situation but we need some details in order to say for sure.  Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you.

What if I don’t have any equity in my home?

Unfortunately, you are not alone, but yes, we most likely have a solution for you but need the details of the house and your situation to be able to say for sure.  Get Started here and give us as much detail as possible and we’ll be in touch with you shortly to discuss how we can help you

What is a short sale?

A Short Sale is a Lender’s voluntary acceptance of less money than is owed to allow a property to be sold as an alternative to foreclosure.

What types of properties do you sell?

We sell all types of houses that we own, under contract and selling equitable interest, or offered in conjunction with a business associate. We have everything from complete rehabs to beautiful move-in ready houses to rental properties. If you don’t see what you’re looking for in our current inventory, let us know. We are constantly getting new properties, so we’re confident that we can find exactly what you’re looking for at just the right price. Just give us a call.

Do you pay all cash for my house?

Yes, we absolutely can pay you all cash and close within a few days and will pay all your closing costs as long as you are willing to take a small discount that will allow us to make a profit and cover the risk associated with paying cash, the repairs needed and all the closing costs

What about Realtors commissions?

For agents and brokers that bring us, sellers, that we are able to help and close on the deal you will “GET PAID”.  We want you to bring us all your sellers that you can’t help for whatever reason so you will “GET PAID”.  Now if the seller or house situation doesn’t allow much of a profit margin then we can’t pay you, you’re full commission if the numbers don’t work to allow that, but something is better than nothing, right?  Bring us all the sellers that need to sell TODAY or are over-leveraged / underwater and let us help you – help them.

Am I under any obligation to sell my home if I fill out your Property Information Form?

No! There is no obligation on your side! We will simply review the information, make you an offer, and you choose to accept or reject it, totally your choice!

Still have questions!

Contact us with your question and we’ll be happy to assist you!  Call us right now at (817) 550-5069.

Together, We Can Create Your Solution!