Frequently Asked Questions

Great question. We are professional home buyers: We buy houses in Nashville, Franklin, Brentwood, Spring Hill, Mount Juliet and nearby areas that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Yes, we pay fair prices. However, many of the houses we purchase are below market value (because they need repairs or because the homeowner needs to get out of a difficult financial situation). In our experience, many sellers aren’t necessarily expecting “top market value” on the property but rather appreciate that we can close very quickly, with no time or effort or expense required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer and, if it’s a fit, we’ll buy your house (and we’ll pay for the closing costs too!). No hassle. No fees. We make our money after we repair the house (if any) and sell it for a profit (we’re taking on the risks whether we can sell it for a profit or not.) Once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand.
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 3-6 months) and then they take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 3-6 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: Our company buys houses. We don’t list your house looking for a buyer because we ARE the buyer. 🙂 Since we’re actually the ones buying the house from you, and we pay for it all. Once we complete a quick walk-thru, we will email you an offer within 24 hours. Again, we make our living by taking the risk to buy the house with our own money, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
There is absolutely zero obligation for you. Once we set up an appointment with you to do a quick walk-thru, we make you an offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
We buy houses in any condition, in any area, in any price range, in any situation! We will buy your house as-is, you don’t need to do ANY repairs!
Whether your house is in foreclosure, over-leveraged, condemned, has liens or health department violations, not maintained, fire-damaged, or about to fall down WE CAN BUY IT!

Damayas Propertyz is a real estate investment and solution company. We are property acquisition specialists that buy houses directly from sellers; we want to BUY your home. There is never a fee or commission when we buy your house. However, if listing your property is the best solution then we can and will connect you with a recommended licensed agent.

Nothing! We do not charge you any fees to discuss your situation, make you an offer or to buy your home.
ABSOLUTELY 100%! Your privacy is of the utmost importance to us. Any information you provide is completely confidential! If you want to deal with a reliable, reputable company who will treat you with professionalism, understanding, and respect – YOU HAVE COME TO THE RIGHT PLACE!

YES! Damayas Propertyz is a professional real estate solutions company with years of experience in solving these types of difficult situations. Please contact us for a confidential consultation.

An escrow is a term that refers to a neutral third party hired to handle the exchange of money, property transaction, and related documents. The escrow holds the money and documents in a trust until all terms and conditions of the sale are satisfied. When depositing earnest money, it is wise to use an escrow account.

Damayas Propertyz is committed to helping you accomplish this goal quick and easy. Our process eliminates all the traditional roadblocks that slow or stop a sale from happening. We pay cash and close fast!

You are under no obligation to sell your house to us. If our cash offer is the right option for you, we will open escrow and you can receive your cash in as little as 7 to 14 days, or on your timeline. It is that easy and stress-free to sell your house fast on your terms when you use our service.

A real estate investment company refers to a business that focuses the majority of its efforts and capital on real estate. In search of profits, real estate investment companies may choose to buy, renovate, sell, or finance properties.

It doesn’t matter what condition your house is in, we can help you by making a fair cash offer on your home today. The costs involved in repairs, touch-ups, painting, and cleaning leave you drained and cost you thousands of dollars. Not to mention; extra mortgage payments and tax payments taking money away from your bottom line.

And all of this is before the house is even on the market! We buy houses on your terms AS-IS, without requesting any repairs. Take what you want with you and leave everything else behind. We handle the clean-up.

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Raleigh that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

 
We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash for your house in its ‘As-Is’ condition. We are local investors who seek to simplify the process of selling your house. We use our own funds to make our offers. We buy houses and we are ready to buy your house for cash today! Agents take way too long to list and sell your house and they charge you 6% commission in the process. We are professional home buyers only interested in buying your house for cash, which will save you time, money and effort. We also allow you to close on a day that’s convenient for you. Our process is designed to give you full control of how you sell your home.
We’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. If you decide to move forward with the deal, we’ll give you 100% cash for your house. At Jolific Homes, we strive to make every aspect of selling your home easier. We are real estate investors who work hard and fast to provide you with the best result and service possible!

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 6-12 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 4-6% of the sale price of your house. Agents provide a great service for those that can wait 6-12 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 are professional cash home buyers.

Our process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at Damayas Propertyz is able to purchase properties very quickly is that we use our own money, which means the sale is more secure and we can close faster than a traditional buyer.

Yes. We are experienced in dealing with bad or problem tenants. You have every legal right to sell your home with tenants. Every circumstance is different and this will be taken into consideration when offering you a cash value.
Yes you may! And if it is easiest we can communicate with your attorney directly to coordinate any closing or title issues. We want to make sure each client feels comfortable no matter what situation is going on.
Your home’s assessed value and market value are each determined by different factors. Buyers and sellers affect the market value of a home, while professional appraisers calculate the assessed value. In a seller’s market, your home’s market value may be higher than its assessed value. That’s because buyers are willing to pay more than the home is technically worth because of low inventory. In a buyer’s market, you’ll be facing a lot of competition from other sellers, so buyers may put in an offer lower than the home’s assessed value.

Yes, but you may lose earnest money (basically, a security deposit given to the seller upon signing a contract).

You can also face legal consequences if you back out of the agreement for a reason not outlined in the purchase agreement. This document outlines important details, such as repairs the seller is responsible for and contingencies of the real estate deal.

However, there are certain scenarios where breaking a purchase agreement is understandable. If you lose your job, can’t sell your current home, or can’t get approved for a mortgage, it’s best to wait until you reach financial stability before buying.

Other issues with the home, such as a failed home inspection, unrepaired problems, or difficulty with transferring the title, are also acceptable reasons to back out of an agreement.

Early spring and summer, especially June, is a great time to sell a home. Research shows that home sales in May, June, July, and August account for 40% of total annual sales volume.

Overall, home sales are still pretty good through early fall, so it wouldn’t be a bad idea to sell a home during this period, either. However, home sales drop once winter hits. January is the worst time to sell a home, as market activity is much lower.

Yes. We are experienced dealing with bad or problem tenants. You have every legal right to sell your home with tenants. Every circumstance is different and this will be taken into consideration when offering you a cash value.

A foreclosure sometimes referred to as an REO, is a property that is owned by a lender.  If you’re considering the purchase of a foreclosure, it’s important to understand that most are sold “as-is.”  Foreclosures, if not purchased by an owner occupant, are often purchased by investors, fixed up, “flipped,” and sold to an owner occupant.

 

As it is with the home buying process itself, it is essential you understand what a short sale is before getting yourself involved with it. A short sale is one in which a homeowner sells their house for a price that is less than the amount still owed on the mortgage. It can be regarded as a ‘distressed sale’ carried out when the current market value of a property is below the amount owed to a lender. The lender forgives the remaining balance of the loan.

The downside is that many short-sale properties are usually not in good condition. So, you must be patient and not in an immediate rush to move. Also, you can consider a foreclosure if it is still possible.

Contact us with your questions and we’ll be happy to assist you! Our contact information is below.

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