Frequently Asked Questions
Got questions about selling your home? That’s completely natural; most homeowners do. Here’s a collection of common questions people ask us, along with straightforward answers. If you still have concerns, please don’t hesitate to contact us anytime. At Good Neighbor Properties, we’re committed to finding personalized solutions that work best for your unique situation, not just buying your house.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. Here at Good Neighbor Properties, LLC, we are professional home buyers with over 20 years of experience:We buy houses Youngstown that meet our purchasing criteria, and we don’t rely on bank financing so you can count on our ability to close quickly and reliably. After purchasing, we may restore the house and resell it to another homeowner or add it to our rental portfolio. Our philosophy is about helping people with home problems find comprehensive solutions, not just making a transaction.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 6 to 7% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $6,000 to $7,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re problem solvers and home buyers with two decades of experience. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). We can relieve your financial burdens by handling delinquent taxes, mortgage payments, and closing costs. We can even help you get a fresh start by covering moving expenses, security deposits, or first month’s rent elsewhere. We make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Youngstown Agent | SOLD To Good Neighbor Properties, LLC | |
|---|---|---|
| Commissions / Fees: | Up to 7%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value, which allows us to resell after improvements. However, our approach isn’t just about price – it’s about providing comprehensive solutions to homeowners. With Good Neighbor Properties, you receive benefits beyond just cash: we close quickly without financing delays, require no repairs or cleanup on your part (you can even leave belongings behind), and charge zero fees or commissions. Our 20+ years of experience means we understand that sellers often value convenience and peace of mind as much as price. If a stress-free, quick sale aligns with your needs, let’s explore a win-win solution together. Remember, our no-obligation offer means you can consider our proposal without any pressure to proceed.
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 versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very transparent. With 20+ years of experience helping homeowners in Youngstown, we carefully assess multiple factors: the location of your property, necessary repairs, current condition, and values of comparable recently sold houses in your area. This comprehensive evaluation allows us to offer a fair price that reflects current market conditions while considering your specific situation. What makes Good Neighbor Properties different is our flexibility – we’re not just looking to buy at the lowest price, but to find the right solution for your unique circumstances, whether that’s a quick cash sale, property management, or exploring other options together.
Q: Are there any fees or commissions to work with you?
A: Experience the difference with us – when you sell your house directly to Good Neighbor Properties, LLC, there are NO fees or commissions involved, unlike traditional listing fees that can eat up to 6% of your sale price. We present you with a fair offer, and if it aligns with your needs, we handle the entire process without any hassles or costs. In fact, we may even cover the closing expenses! Our profit is derived only after investing in necessary repairs and reselling the property. By selling to us, you eliminate the uncertainties and financial burdens associated with property ownership, walking away with cash in hand and peace of mind.
Q: Is there any commitment when I provide my information?
A: Absolutely none – and that’s part of our Good Neighbor philosophy. After sharing details about your property, we’ll evaluate the information, potentially schedule a conversation to understand your situation better, and then provide a competitive all-cash offer. The decision remains entirely yours. What makes us different after 20 years in business is our commitment to finding the right solution for YOU, not just making a purchase. If selling isn’t ideal, we can discuss property management if you’d prefer to keep your home as a rental investment. If your home is in good condition and might fetch a higher price on the open market, we can help list it for you. Every situation is different, and we’re here to figure out what works best for your specific circumstances.
Curious How Good Neighbor Properties Can Help With Your Specific Home Situation?
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Discover The Pros and Cons Of Selling Your House To A Local Professional Home Buyer With 20+ Years Of Experience Helping Homeowners Find Solutions – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Youngstown homeowners find solutions to their property challenges – whether that means selling for cash, managing as a rental, or exploring other options.
Get your FREE Guide and then give us a call at 330-509-0521. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program. Remember, even if selling isn’t right for you, our 20 years of experience has taught us that every situation is different. We’re committed to helping you find the perfect solution for your unique circumstances – whether that’s a quick sale, property management, or another creative option to address your home challenges.