Frequently Asked Questions
This is a list of frequently asked questions asked by sellers just like you. If your question is not listed please call us at (551) 587-7763 or fill out our contact us form, and we will be happy to answer any questions you may have.
1. How is using MOJO HOUSE BUYERS different from selling my house with the help of a real estate agent?
A real estate agent helps you sell your house using the Multiple Listing Service (MLS), a marketing tool to get your home in front of as many prospective buyers as possible. Often for weeks or months, you must endure many walkthroughs before you find the right buyer. Once the sale happens, you need to pay title fees, closing costs, as well as the agent’s commission.
In contrast, as investors, we buy your house right away with cash or find other buyers that do the same. After rehab, we put the house back on the market and sell it for a profit. That’s how we make our money. When you sell to us, we cover inspection and closing costs, charge no commission, and pay you with cash. We eliminate the need for an agent and the extra expenses that it accrues while you get to enjoy a much quicker sale and less hassle.
2. How do I know this is the best course of action for me?
Hiring an agent to sell your house is a long, drawn-out process that often includes inspections, repairs and a continuous stream of people walking through your home. Your asking price starts to waver with repairs and other costs factored in that you or the buyer agree to cover.
On the other hand, we review your situation and cover all the future expenses involved in selling your house. That allows us to offer you a fair price and take it off your hands right away.
However, even if your house is in beautiful shape, it is still an outstanding option for those trying to get through the selling process swiftly. After we assess your home, we advise you whether listing with an agent is a better choice for you.
3. Who are you?
My name is Justin, and I live in Hoboken, New Jersey. The Pacific Northwest has been my lifetime home. I’ve been in real estate for five years and have had the opportunity to work with hundreds of sellers. I understand that every person has a unique situation when selling their home and that selling your house is a big decision. Together with partnered investors, we come up with the best possible solution and offer for you.
My team and I give you honest feedback about your house and guide you in the right direction if our option isn’t the most beneficial for you. You are under no obligation to use our service if you decide it’s not what you want, and we don’t buy every house from interested sellers, either. For more on who we are, please visit our Our Company page. We take pride in our trustworthiness, personable communication and knowledgeable experience.
4. How does it work?
We get rid of the middlemen such as realtors, lenders, appraisers and inspectors and pay cash for your house, condo, apartment, or land in any condition or location, quickly and trouble-free. It’s that simple. The first thing we do is a comprehensive market analysis (CMA) of your home to see what it’s worth once renovated and meeting today’s HGTV standards. Then we come out to the property and assess necessary repairs along with costs for buying and selling your home.
For us to stay in business, we need to figure in some profit, as well. We keep this to a minimum so that everyone walks away with a great deal. We’d rather serve many for smaller profits than a select few offering huge profit at the owner’s expense. We take pride in our transparency and want you to feel good about your decision, so we give you the entire breakdown.
You get to avoid expenses, the inconvenience of walkthroughs, open houses, multiple inspections and long-lasting listings with an agent. If you have additional questions and want to learn more about getting an all-cash, as-is transaction, check out our How it Works page and don’t hesitate to call or text us at (551) 587-7763. If purchasing your house turns out not to be the best option, we’re still happy to help you sell it!
5. Why should I choose your company?
The qualities we are proudest of offering you are trust and transparency. We break down every financial consideration using straightforward mathematics, so you know exactly why we offer you the price we do and how much profit we plan to make. Be sure that we want to give you the highest possible payment. You also get a clear picture of how much time and money you’re saving selling your house to us. We’re honest and fair, which is why we have an excellent reputation across Washington-state and the Puget Sound area.
Bragging isn’t our style, but we are New Jersey’s number one cash homebuyer. We treat our clients with integrity and respect and are the go-to experts in the area when buying homes for cash. We care about your timeline, concerns and terms and do our best to deliver an offer you’re ecstatic to take. Whether you live in Seattle, Vancouver, Yakima, Spokane or anywhere in New Jersey, we help you with our network of investors and partners to make it easier to get you to your next adventure sooner.
6. What do you do with my house once you buy it?
After purchasing your home, we begin refurbishing it by taking care of any necessary repairs and remodeling to bring the house up to HGTV standards. Next, we work with an agent to get the house listed and sold and pay for all repairs, closing costs, fees and commission. Finally, we enjoy the small profit we make that keeps us in business to help other clients experience problem-free selling of their houses. We’re happy to contribute to communities and the economy by uplifting the value of neighborhoods in the state.
7. How many houses do you buy?
We buy multiple houses. That way, we can offer the best possible price for you. Making a smaller profit is good enough because we work with many clients and it soon adds up. Everyone wins this way, and we get to help more people and the communities we serve. If we don’t buy your house, one of our investment partners can. We work with professionals in the house flipping business. We also enlist local, reputable attorneys during the closing to make your selling experience easy and fast.
8. How is the price you pay for my house determined?
First, we evaluate the after repair value (ARV) of your house, how much we could sell it for on the market once we finish the work needed after buying it from you. One of our specialists comes to look at your home and calculates the repair and refurbishment costs necessary.
Add to that the selling costs. Though you are lucky to bypass using an agent when selling to us, we need to use one to list the house after we buy it from you and cover all holding and closing costs, fees, taxes and commission, usually 10% of the ARV.
Finally, we subtract repair, refurbishment and selling costs from the ARV and add in our minimum profit, and that’s how we come up with the fair price we offer you. The amount is often close to what it would have been selling your house traditionally when you subtract the additional expenses you would need to pay out of pocket with an agent. However, with us, you get the money faster in cash without the headaches usually associated with selling a house using an agent and listings. Sometimes it can take months before you find a legitimate buyer.
9. Do you pay a fair price?
We love our good reputation and integrity, so we would never do anything less than pay you a fair price. We use simple math and break down every step, so you can see where each dollar goes and why we offer you the price we do. The equation becomes market value with repairs and rehab completed after purchasing minus the cost of those repairs and improvements and all the selling costs. We add our modest commission to the remaining balance, and that’s what we offer you in cash for your house.
10. Do I need to clean my house before you buy it?
The great news is that you don’t need to clean or repair any part of your house. Just leave it as is, and we’ll take care of it after buying your home. That’s one of the perks our clients love about selling this way.
11. Will you still buy my house if it is in poor condition?
Yes, we absolutely will! House flipping is part of our business. We expect to make repairs and improvements to bring the market value up after we buy it. Meanwhile, we save you the trouble of having to do all of that yourself first, ending up with just about the same selling price you can receive from us without the lengthy problems. Give us a month to close the transaction, but sometimes it happens in as fast as two or three weeks. We’re here to make selling your house easy.
12. Wouldn’t it be easier to list my house with an agent on MLS?
Though there are instances where this might be a better choice for you, using an agent and listing on multiple sites becomes a prolonged and inconvenient prospect. Interested buyers constantly walk through your home. You need to accommodate appraisers and inspectors and often have to make repairs on your end to get the price you want.
Refurbishing might raise your asking price, but it can get costly to have the work done, and it comes out of your pocket.
Enduring open houses on the weekends and worrying about having to lower your price after weeks or months of no success is stressful. Furthermore, once you find a buyer, it can take weeks to close the deal. We offer a fast, worry-free way to get the money you want for your home in cash so you can move on with your life.
13. Will you list my house on the MLS?
No, we do not list our clients’ houses on the MLS. We are not agents helping you find buyers for your house. We are the buyers! We determine, along with your input, what the best possible offer is and give it to you. We handle the process from start to finish. After we buy your home, we complete needed repairs and then sell it for a profit. Meanwhile, you get to walk away with cash in your pocket without delay. We show you all the detailed computations involved to arrive at that amount so that you feel confident and happy with the result.
14. Should I just list my house with an agent?
Sometimes listing with an agent is a viable choice. It depends on your timeline and the amount of work and repairs your house needs. However, the traditional route can become a frustrating and stressful process. Sometimes showings and inspections and weeks are drawn out into months before finding a buyer. Worse still, their financing could fall through, and you’re back to square one. If you need to sell quickly and want to avoid the hassles and get the cash in your hands, MOJO HOUSE BUYERS gives you what you want.
15. How do I sell my house quickly for cash?
Google this question for the state of New Jersey, and you’ll find us on the first page. Buying your house quickly for cash is what we do for a living. We’ll ask you about your home and location and determine its highest market value, then come to walk through and assess any needed repairs and refurbishments. We calculate repair and selling costs and subtract them from the market value and add our small share. Then we’re ready to make you an offer we think you’ll be excited to have. Better yet, within as little as 21 days, we close the deal, and you have cash in your pocket without the long wait and headaches that come along with finding an agent and listing your house.
16. Do I have to pay fees and commissions if I work with you?
You pay no fees or commissions with us because we are not realtors. We pay fees and commissions when we turn around and sell the house after buying it from you. We offer you a price for your home in three simple steps: determination of market value, assessment of repairs/rehab and selling costs plus profit, and then we offer the price, and when you approve, together we choose a closing date and sign the necessary papers with a reputable local attorney. You sell your house fast and get the cash.
17. Am I obligated to do business with you once I fill out the form?
You absolutely have no obligation to work with us once you fill out the form. Even if we begin the process, and then you decide it’s not for you. You walk away paying nothing. We’re confident that you’ll like what we do for you, but it’s okay if you change your mind and want to take another route. We’ll help you find a solution that’s right for you. We get paid only from the profit we make after purchasing your house and selling it on the market.
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
[DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]
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