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Frequently Asked Questions-FAQ
Here at Island Time Properties LLC, we recognize that you might have several inquiries concerning the process of selling your home. To address these concerns, we have put together a comprehensive list of frequently asked questions to provide you with the information you need and alleviate any uncertainties you may have.
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. 
Table Of Contents
1. How long does it take to sell a house?
2. Can I sell if I live out of state?
3. Can I sell if I’m in prcan-i-sell-if-im-in-pre-forclosuree-foreclosure?
4. What Happens to my house after I sell?
5. Is it necessary for me to clean my house before you purchase it?
6. Will I be responsible for any fees or commissions if I choose to collaborate with you?
7. Am I obligated to continue with your services after I fill out the form?
8. How can I establish the appropriate price to propose for my house?
9. In what ways do you distinguish yourselves from real estate agents?
Q. How long does it take to sell a house?
A: The time it takes to sell a house can be influenced by a range of factors. However, our aim is to ensure a quick and seamless process. Typically, we finalize the sale within 7 to 14 days from the initial agreement, providing a streamlined and efficient alternative to conventional property selling approaches.
Q. Can I sell if I live out of state?
A: Certainly! Regardless of your location, we enable you to sell your property in Michigan. Through our digital operations, all necessary paperwork can be handled electronically. Our streamlined and remote-friendly process ensures that you can sell your home conveniently from anywhere.
Q. Can I sell if I’m in pre-foreclosure?
A: Absolutely, you have the option to do so. In reality, selling your home during its pre-foreclosure stage can prevent the adverse effects of a foreclosure on your credit rating. Island Time Properties LLC specializes in swift property purchases and can serve as a valuable solution during these challenging times.
Q. What Happens to my house after I sell?
A: Once you’ve sold your property to us, we typically engage in refurbishing it before reintroducing it to the market. Our objective is to breathe new life into each acquired property, elevating its attractiveness and making a positive impact on the Michigan community. With careful consideration, we approach each property, striving to shape it into an appealing residence for prospective residents.
Q. Is it necessary for me to clean my house before you purchase it?
A: The wonderful news is that there’s no requirement for you to clean or perform any repairs on your house. Simply leave it in its current condition, and we’ll handle all of that after we purchase your home. This convenience is one of the advantages that our clients truly appreciate when choosing to sell this way.
Q. Will I be responsible for any fees or commissions if I choose to collaborate with you?
A: There are no fees or commissions to be paid when you work with us, as we are not realtors. Any fees or commissions are covered when we resell the house subsequent to purchasing it from you. Our process for providing you with a home price involves three straightforward steps: first, we evaluate the market value; second, we assess repair or rehabilitation costs along with selling expenses and potential profit; finally, we present you with an offer. Upon your approval, we will proceed to select a closing date and complete the required paperwork with a trusted local attorney. This approach enables you to sell your home and property swiftly and receive the payment in full.
Q. Am I obligated to continue with your services after I fill out the form?
A: There is absolutely no requirement for you to commit to our services once you’ve submitted the form. If we begin the process and you decide it’s not a suitable choice, you can withdraw without any financial implications. While we are confident in the benefits we offer, we recognize that circumstances can shift, and you may opt for an alternate route. Our goal is to aid you in discovering the optimal solution for your circumstances. Our compensation is solely tied to the profit earned from the purchase of your house and its subsequent resale.
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 about the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q. How can I establish the appropriate price to propose for my house?
A. Our approach is clear and simple. We assess factors such as the property’s location, required repairs, its present condition, and the prices of similar homes recently sold in the vicinity. Our offer formulation involves a comprehensive analysis of various data points, and we prioritize transparency in explaining out methodology.
Q. In what ways do you distinguish yourselves from real estate agents?
A: Real estate agents typically list properties with the hope of attracting potential buyers. They showcase the properties to interested buyers and earn a percentage from the final sale price once a buyer is found. This commission, often ranging from 3-6% of the house’s sale price, is paid by the seller (for instance, on a $100,000 house, the commission could be between $3,000 to $6,000). Real estate agents offer a valuable service, especially for those willing to wait for months to sell and willing to allocate a portion of the sale price for commissions.
However, our approach is distinct: we’re not real estate agents; we’re home buyers. Our company directly purchases houses instead of listing them. As the buyers, we don’t rely on commissions. Since we’re the ones acquiring the property and using our own funds, we have the ability to provide you with an offer within just 24 hours.