Selling Your Florida House to Cash Buyers:
Frequently Asked Questions

Who is SellThatFloridaHouse?

SellThatFloridaHouse was first formed back in 2006 by Billy Ross. Billy and his team have purchased thousands of homes throughout the state of Florida. We have been given an A+ rating by the Better Business Bureau.

I’m not desperate. Why should I sell to you?

Most of the sellers we work with are not desperate. They sell for a number of reasons, such as:

Want to move cash to another investment

Tired landlord

Moving out of area

Change in lifestyle

Unstable real estate market

In other words, you do not have to be desperate to sell your Florida house to us. It simply has to make sense for you.

Why wouldn’t I list the house with a Realtor?

You certainly have that option! However, you must compare apples to apples. Listing with a Realtor comes with a number of drawbacks:

Typical 6% real estate commission. This can add up to tens of thousands of dollars.

Typical 3% in seller closing costs.

Possible 3% contribution to buyer closing costs.

Appraisal concerns

Repairs needed to place property on the market

Having to show the property numerous times to prospective buyers

Difficulties in showing a tenant occupied property

When you work with us, you eliminate the above concerns!

Can I show this contract to my attorney?

YES! We welcome your attorney to review our contract.

I saw another house sell for more on my street.

That is very possible. However, you need to look at all the factors:

  • Was the house the same size? Larger homes tend to sell for more.
  • Was the property in the same condition? Take an unbiased look at your property through the eyes of a buyer. Does it need work? When was the last time you made updates? A remodeled home will always sell for more than one that needs repairs and/or updating.
  • Did it sell on the MLS with a Realtor? That seller paid real estate commission, closing costs, probably spent money to make repairs or updates, and possibly paid for the buyers closing costs.
  • Was the home vacant? A vacant property is easier to sell, because it can be sold to an owner occupied buyer or an investor. A tenant occupied property can only be sold to an investor if the tenant still has a valid lease.

In short, remember to compare apples to apples. While another home might have sold for more, remember to take into account the money that seller spent in real estate commission, closing costs, repairs, and other costs. These fees add up to tens of thousands of dollars. Many times, you will be putting the same amount of money in your pocket at the end of the day when you work with us, with a lot less hassle. Everybody wants less hassle in their lives, right?

What do you do with the properties you buy?

Great question. It really depends on the property. If it is a home that needs very little work, or is already tenant occupied, we might hold the property in our investment portfolio as a rental. If the property needs a considerable amount of repairs, we might fix it up and transfer it to one of our partners, or sell it on the open market.

Do I need to make any repairs?

No. All of our offers are “as-is” with the right to inspect. The offer you receive will be for the property in its present condition unless stated otherwise.

Who performs the closing?

We work with professional and reputable State licensed closing agencies that provide top quality service.

My home is tenant occupied. What do we do about the tenant?

One of the great things about working with us is that we can still close with the current tenant in place. We will need to review the written lease, and make sure the tenant has been making their payments in a somewhat timely manner.

My tenant has not been paying. Can you still purchase the home?

Many times, yes. Every situation is different. We can come up with a solution most of the time. Call us to discuss!

Can you close sooner than the date on the offer?

Most of the time, yes. We have closed on homes in as little as 72 hours, but it helps to have a little time. Two week closings are common with us. We can also close later than the contract date if you choose. The decision in always yours.

I would prefer to get monthly payments for my house instead of a one-time cash payment, due to taxes. Can you do that?

Possibly. Call our office to see if your particular property qualifies.

Okay, I’m ready to sell. What is the next step?

Great! Simply fill out our online form, or give us a call! We’ll get you an offer in as little as 24 hours. If it works for you, check out our How it Works page to see in more detail the steps taken after signing the contract.

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