FAQ

Q: Who usually sells their houses to Begin Again Homes?

A: Great question. Actually, that's one of the most frequently asked questions we get here at Begin Again Homes, and the answer is simple. Homeowners from all walks of life sell houses, homes and properties to Begin Again Homes for a number of reasons, including:


  • Relocating to another city or state
  • Not wanting to deal with the city to resolve code violation issues
  • Facing foreclosure because of delinquent mortgage payments
  • Needing to liquidate assets due to divorce, medical bills, or other cash needs
  • Wanting to sell a property that has been recently inherited quickly
  • Not having the money or desire to make necessary home repairs
  • Getting rid of problematic rental property
  • And More
If you're interested in selling your home, it's important to know that the thing most of the people selling their houses to Begin Again Homes have in common is the need to sell quickly to a reputable home buyer who can ensure a fast, hassle free closing and all cash sale.

Q:What type of houses do we buy?

A: At Begin Again Homes we buy distressed homes. Our definition of distressed includes homes that are cosmetically distressed, have serious repair or structural issues, and that keep homeowners captive in a distressed situation. This typically includes:


  • Houses in undesirable areas or in high crime neighborhoods
  • Houses with code violations
  • Houses in areas prone to storm damage, such as homes in flood plains
  • Houses that are no longer convenient for homeowners, such as with a long commute to a new job
  • Houses with bad memories for a homeowner, such as death, tragic experience, or divorce
  • Houses with negative mortgage financing terms or high interest rates
  • Houses with high payments or upside down mortgage balances
  • Houses that cause any other type of disadvantage to a homeowner

Q:How does the process work when selling your home to Begin Again Homes?

A: If you're interested in selling your home to a Begin Again Homes, the answer to this Frequently Asked Question will put your mind at ease. Here's the Begin Again Homes 3 step buying process:


  • Ok, so the first step is very simple. We have a list of questions that we ask every home owner. We also encourage you to ask us any questions that you can think of in regards to your property. During this first call, our goal is to answer all of your questions, and to also get an answer to all of our questions. In order to make the process move forward as quickly as possible, we will also try schedule an appointment to come out to visit the property during that first call.
  • The second step will generally take place in person when one of our Begin Again Homes Representatives goes out to visit the property to establish how much work we think the property needs. In most cases, our highly trained representatives will be able to make an offer on the spot. However, in the scenario where the Begin Again Homes Representative doesn't make an offer on the spot, you will receive a no obligations, Cash Offer within 1 business day of the property visit.
  • The Third step, is the easiest step, for you (and the hardest for us). This is when we do all the work to prep for the closing, and you just sit back and wait for us to tell you when and where to go and pick up your cash.

Q:Can I expect a market value offer for my home?

A: To most homeowners, the term "Market Value" must seem somewhat subjective. But to a Professional Real Estate Investor, the term "Market Value" is actually referring to a very specific number. Buying Real Estate can be extremely risky. So Real Estate Investors have to be able to calculate exactly what the repairs are going to be, and know exactly what we could resell it for, so that we don't lose money. So when selling your property to Begin Again Homes, our goal is to complete our due diligence process as quickly as possible so that we can determine exactly how much we can offer you. The calculation we use looks like this. ARV (After Repair Value) -*MINUS*- Repair Cost -*MINUS*- Operating Expenses = Market Value

Q:How do you determine the price you will offer for my house?

A: Begin Again Homes takes a number of factors into consideration when determining a cash offer. After visiting your home and going over our frequently asked questions and any additional questions you may have, our representative will evaluate:


  • The existing condition of your home
  • The extent and cost of repairs needed to resell your home
  • The time it will take to finish needed repairs
  • The value of your home compared to other comparable homes in the area
  • The real estate commission required to resell your home
  • The costs associated with maintaining your home during repairs, including taxes, payments, insurance, utilities, homeowner dues, and more

Q:Does Begin Again Homes buy condos and townhomes too?

A: Yes, this is one of our great frequently asked questions because many people think we only buy single family homes. Our partners and us buy single family homes, duplexes, multitenant buildings, townhomes, condos, apartments, and occasionally some commercial properties.

Q:Does Begin Again Homes buy mobile homes?

A: No. If you're selling your home and it's a mobile or manufactured home, Begin Again Homes will be unable to make an offer. This is regardless of whether it's on a fixed foundation or tied down.

Q:Do I have to pay a fee for Begin Again Homes to make an offer on my home?

A: No. You never have to pay anything for Begin Again Homes to make an offer when you're interested in selling your home for cash. We will schedule a visit at a time that's convenient for you, answer your questions, evaluate your home, and make an all cash offer with no obligation, and at no cost to you.

Q:Do I have to sell to Begin Again Homes if I contact you for a cash offer?

A: No. You're never obligated to sell to Begin Again Homes when we submit an offer. You can choose to accept our cash offer, or you can choose not to. The decision is all up to you and the offer is with no obligation and no cost to you.

Q: Who is Begin Again Homes?

A: Begin Again Homes is a Real Estate Investment company owned and operated in the Chicagoland area. We focus on identifying areas where we would like to purchase properties with our partners, and then we find creative ways to get in contact with property owners to see if they would be interested in selling.
Begin Again Homes

At Begin Again Homes, we make things happen. After studying the Chicago Real Estate market for years, we decided it was time to help. We know that there are many old properties that need updating.

We are here to help people unload their old properties for a fresh start. The upkeep of a property you want to have can be tough work. But when you have to maintain a property that you don't even want, then it can be very disheartening

Contact

847.752.0548

847.752.0012

cs@beginagainhomes.com

www.beginagainhomes.com/