A residential real estate investment company and headquartered in Maryland. 7minuteoffer.com buys a high volume of homes for investment in property and people for profit. The Company offers a guaranteed, fast and hassle-free sale to people who want to sell their house without paying a 6% Realtor commission. We buy properties “AS-IS”, so sellers have no need to renovate their homes. To learn more about 7minuteoffer.com, please visit the About Us page.
FREQUENTLY ASKED QUESTIONS
Do you work with Realtors?
Absolutely! Most of our houses are sold through the Realtor community, we coop almost every listing. Also, some realtors find us properties to buy and earn a referral fee. See our Realtor page to learn more about how we work with Realtors.
Do you pay for referrals from realtors who refer deals for you to buy?
Yes, we pay referral fees if you refer us to a homeowner who ultimately sells us a house as you contact us about the referral before we speak to the seller. We work with many realtors who refer us properties. Feel free to contact us for more information 301-517-7327
Will I get a commission when I bring a buyer to 7Minuteoffer?
Yes, we list most of our houses on the MLS and most of our houses are sold through Realtors. We love working with Realtors!
How is selling to PRIME different than selling through the traditional market?
When selling a home to 7minuteoffer, you can avoid a lot of expense and headaches of the traditional way. When selling to us, you sell your house AS IS, no realtors, no commissions and no hassle. When you sell to us, you can simply pick up the phone (usually 10 minutes or less) or fill out a short form on the web, get an offer, and accept the offer. It’s that simple!
Here are some of the steps of a traditional sale that you avoid when selling to us:
- Find a Realtor.
- Relieve a list of renovations/updates needed from the Realtor.
- Hire a trustworthy and reliable contractor.
- Begin renovating your house. (often while living in it)
- Stage your house for showing.
- Hold regular Open Houses – Saturday and Sundays work best.
- Keep your house clean daily.
- Make your house available for showings at a moment’s notice. In case another agent wants to show the house.
- Vacate your house every time there’s a showing.
- Negotiate an offer – if you receive one.
- Deal with the uncertainty of home a inspection, appraisal and any possible finance contingencies.
- Fix what comes up in the home inspection or offer more money off so the buyers can make repairs.
- Paying Realtor’s commission of 6% at closing.
With 7minuteoffer.com, ALL of these steps above are avoided!
Do you work with Investors?
Absolutely! Thousands of investors are on our wholesale list and many buy houses from us every month. Some investors also refer us houses for us to buy and they make a finders fee. See our investor page to sign up to receive wholesale deals or to refer us properties.
Do you pay for referrals to investors who refer a house for you to buy?
Yes, we pay referral fees if you refer us to a homeowner who ultimately sells us a house, so long as you contact us about the referral before we speak to the seller. We work with many investors who refer us properties. We work only with serious investors who present us good deals, so make sure to pre-qualify your deals before sending them to us.
Can I buy houses from you wholesale?
You bet! Thousands of investors are on our wholesale list and many buy houses from us every month. See our investor page to sign up to receive wholesale deals.
How do I sign up for your wholesale list?
See our investor page to sign up to receive wholesale deals.
What cities do you operate in?
We operate in Maryland, DC and Virginia.
Are you realtors who just want to list my house?
No! We don’t want to list your house, we want to buy it! Real estate agents can’t guarantee the sale of your house, we can because we aim to buy. Every dollar we invest is tied to a property, person and for profit. We pay all-cash and have ample amounts of capital to purchase your house quickly and hassle free.
How do I get an offer from 7minuteoffer.com?
All you need to do to get an offer from us is to call our local number (301.517.7327) or simply fill out a short form on our website. You can get more information on our Get An Offer page.
How long does the home buying process take?
Since most of the house we buy are in need of repairs and vacant we can generally close in as little as 7 days. Our partners are Real Estate Attorneys so we can quickly examine title and close on the purchase of your home. In some instances, it may require additional time. For example, if you’re still living in the house and need more time to move.
I see several companies stating “We Buy Houses.” Are these companies associated with 7minuteoffer?
While we work with other investors, there are only a few who can offer our caliber of solutions. There are many organizations who claim to offer similar service, but in many cases their claims do not match their performance. We are a corporate entity with our Corporate Headquarters in Maryland. Most other “We Buy Houses” companies are sole proprietorships operating out of their homes.
How do you determine the amount of your offer?
We offer the maximum amount possible, our offers are very competitive. There is no magic percentage we use since every house and problem is unique. Our Real Estate Consultants take into consideration the age, condition, size, features and location of the home much like an appraiser would. We factor in the costs to repair the house, what other homes in the area are selling for and how long it is taking to sell those homes. These and several other factors are researched to determine a fair and quick cash offer.
If I submit your Online Form, when will I hear from you?
As soon as we receive your Online Form, we will review your information and get back to you ASAP (usually in 7 minutes or less). Test us here – Get Offer
What do you mean by “any condition”? What if my house needs extensive repairs?
We will buy your house as-is, period! You don’t need to do any more repairs! Whether your house needs minor cosmetics or is a tear down, we’ll buy it in any condition.
What kind of houses do you buy?
We buy houses of any type, in any condition or in any price range. We buy single family houses, townhouses, duplexes, triplexes, quad-plexes, condos, and apartment buildings. There’s no limit to what we can purchase if the numbers make sense.
Is it better to call or contact you via your Online Form?
That is really up to you. However, we do think it would be easier for you, if you’re reading this, to complete our Online Form, then we can review your information, research your property and then discuss all the details with you when we call. Since you are here, why not take a moment to fill out our Online Form now?
What do you charge for your services?
If we buy your house, we will charge you NO fees or commissions for our services. We are not a real estate brokerage so we don’t list houses, we buy houses!
What type of information do I need to give you when I contact you for the first time?
We need very basic information from you about your house. Most of the information we use to make our decision is available in public records. While we ultimately invest in properties for profit, there are many people who want to sell to us. Often the deciding factor in which houses we choose to buy is the person we’re aiming to help. You’ll get to know us and we hope to get to know you too.
Do you only buy single family houses? Will you buy townhouses, condos, etc?
In addition to single family homes, we also buy townhouses, condominiums, duplexes, triplexes, quad-plexes, and apartment buildings. No opportunity is too small or large.
Do you buy raw land?
Yes, we buy raw land. We buy farms too.
Am I obligated to use your service once I complete your form?
There’s no obligation. You have no obligation at all if you submit any information, show your property to us or receive an offer to buy your house. You are under no obligation and all we hope for is the opportunity to get to know you and make an offer for your house. You’re in the driver’s seat as to whether you accept the offer or not. You are in complete control. You are only obligated to our service if you have entered into a purchase agreement with us, as with any other real estate transaction.
Do you buy apartments or multi-family houses/buildings?
Yes – we have a team of experts who complete due diligence inspections for us.
Who usually sells their houses to 7Minuteoffer?
We’ve worked with many different kinds of people who’ve needed our assistance.
- Anyone who bought a new home, but can’t sell the old one.
- Those who have experienced a death of a loved one or the need to settle an estate.
- People who have trouble selling because they do not have equity in their home.
- People who are tired of being a landlord.
- People working with a real estate agent who hasn’t come through as promised.
- Those who need to sell because of a divorce.
- Anyone facing a job transfer or relocation.
- People who don’t want to work with a real estate agent and pay commissions.
- People who are behind on payments or facing foreclosure.
- People who own vacant houses or houses that need repairs.
- People who own houses with liens or title problems.
People from all walks of life who share the need or desire to sell their homes for cash (regardless of repairs needed), close quickly and sell to a reliable partner like 7minuteoffer.com.
What happens with my mortgage once you buy my house?
On the day we buy your house, your mortgage is fully paid. By law, the professional title company that conducts the closing MUST payoff your mortgage and any other liens before they distribute the remainder of your money.
What if I am behind on my payments or in foreclosure, can you help?
Yes, if you call or contact us now, we may be able to help catch up your back payments and stop the foreclosure process. Each day you delay in taking action gives you fewer opportunities to correct the situation, so call now or get your offer.
A cash payment will always stop foreclosure.
What if my property has Code Violations or is condemned?
No problem! We can still buy your house as is, even if it has demolition orders scheduled.
What takes place during a transfer?
During a transfer, a new deed is drafted and signed by the seller, transferring ownership of the house to the new buyer. This document is then recorded in the land records with the above-mentioned deed of trust.
What happens if my house is in pre-foreclosure?
We work FAST to help ensure that your house doesn’t go to foreclosure. We present you with a FAIR offer to pay off your mortgage before the foreclosure. We help save your credit, avoid foreclosure and allow you to sell your house FAST and FAIR. Due to recent legislation, if you reside in the state of Maryland and are within a certain period of time before your foreclosure sale date, we will introduce you to a Foreclosure Consultant. The legislation mandates that if you are within this certain window that a foreclosure consultant must explain to you all of your options involved in selling your home
What happens if I am in bankruptcy?
We work with your bankruptcy attorney to present a FAIR offer and give you additional money at closing. We present the offer directly to your attorney and work to have the offer accepted by the bankruptcy court. Once the offer is accepted, we ensure that the bankruptcy is released and we buy the property as soon as possible. A situation like this may take longer than 7 days to close.