401HomeBuyers

We like to do all of our own repairs, so that is not an issue at all. We understand sometimes a home just needs a little bit of love. We base our offer on what homes in your neighborhood are selling for. We then take into account the amount of repairs your home needs plus what our costs to sell the home would be. From these numbers, we’re able to come up with our offer to you. We aren’t going to lowball you just because your home might need some repairs.

When you sell with a realtor, you are committing to working with them for at least a few months. Before you commit to that, we strongly recommend at least seeing what our cash offer to you is. There’s no obligation to accept and it will help give you an idea of what price you want for your home. Also, with a realtor you’ll have to pay agent fees (typically 6% of the total sale price) as well as closing costs. With us, there are no fees; we pay all those costs ourselves. One more difference is the time it takes to sell your home. We take on average ~15 days to buy a home. With a realtor, it’ll take you at least 45 days to sell if everything goes perfectly. The last difference I’ll add in is that you’ll have a lot of people walking through your home between showings and inspections when you use a realtor. When we work together, the only people coming through your home will just be us. I hope this helps!

We buy single family homes, multi families, apartments, condos, townhouses, mobile homes, etc. If it's real estate, we'll be interested. Rhode Island has a lot of multi family homes and we don’t shy away from buying them. We’ll work with you and your tenants to make sure everything is as smooth as possible.

Yes! We buy houses in any condition and any situation. We have experience buying vacant homes. If the house has been vacant for a long time then maybe it needs a new sewage system and to be reconnected to the utility companies. For us, it’s no different than buying a home that needs just a little bit of love. We’ll take all the repair costs into account, as well as the expected price after repair, into making our offer.

Great question! We actually get asked this one a lot. The fastest we’ve bought a house has been 10 days, and our average is right around 15 days. Once we agree on a price that works for both of us, we’ll get the paperwork going so that we’ll be able to close as fast as you want.

Thankfully Rhode Island is a pretty small state, since we’re local we’re able to service anywhere in the state. We buy houses and work with homeowners all the way from Woonsocket down to Charlestown. If your home is in Rhode Island, we’ll be able to help you.