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Your Trusted Dallas-Fort Worth Home Buyer

Your Trusted Dallas-Fort Worth Home Buyer

Frequently Asked Questions

Have questions? We have answers.

General FAQs

We’ll take a look at the information that you provided and contact you by phone to get additional details about your situation and the property that you want to sell. Then, after considering all of the specifics of your home, we’ll come up with a fair offer on your property that’s a win-win-win for all of us. Once you receive an offer from us, there’s no obligation whatsoever for you to accept it. We promise that the decision of whether or not to sell your home will always be totally left up to you. If you do decide to work with us, the process will be quick and you even get to pick a closing date that fits your schedule!

With a clean title, we are able to buy most properties within 30 days. However, if you’re not in a rush, we are flexible and will work with you so you can sell and move on your timeline.

Our process is simple. We look at the location of the property, what repairs are needed, the current condition, and comparable sales in your neighborhood. We also consider the age, size, and any notable features. All this helps us come up with a fair offer that works for us and works for you too.

There is absolutely zero obligation for you to accept. If our offers don’t meet your goals, we’ll go our separate ways. It’s 100% your decision on whether or not you’d like to work with us.

No. There are no fees or commissions when you sell your house directly to us. We cover all closing costs and title fees. 

No, we buy property AS-IS in any condition. No repairs, No cleaning and No need to worry about out-of-pocket expenses.

Yes we do. We’ll work with you and your tenants to make the process smooth for everyone involved.

We understand that every homeowner and every situation is different. We will work on any timeline you’re comfortable with. One thing to keep in mind is that the housing market changes from season to season, which means our offers can vary over time. Our initial offer is only valid for a limited time, but we are always able to give you an updated offer when you are ready to sell.

You let us know when you’d like to close and we work with a local title company to make that a reality. When the day arrives, signing closing papers can be done at the title company, or we can arrange for a mobile notary to come directly to you.

You decide. After all closing papers are signed, you can either pick up a check at the title company, have a check mailed to an address of your choosing, or have funds wired directly into your bank account.

Yes. Our goal is to provide you with the flexibility you need during this transition period. Whether you need more time to find a new home, finish packing up, or finalize your finances, our Leaseback Program allows you to stay in your home, with cash in hand from the sale. Here’s how it works:

1. Sell Us Your Home: Get an offer and sell your home as-is and hassle-free to Better Way Home Solutions. We’ll handle all the paperwork and get it to the closing table.

2. Lease It Back From Us: Once you sell and get paid, you can stay in your home by leasing it back from us for the amount of time you need. Plan your next adventure without the pressure of an immediate move.

3. Move Out: When you’re ready to move, simply pack up and go.

Yes we can. Just tell us what you’re looking for and we’ll find you your next home. We can even help you get financing for your new residence.

The primary benefits of a cash offer on your property are convenience and simplicity. Transactions are more complicated when a traditional lender is involved because they often have special requirements that must be met. Not to mention that traditional lenders won’t approve a loan on properties that need significant repairs. A cash offer cuts out all of these requirements and gets you what you need, money in your pocket in the shortest time possible.

Cash: refers to selling a property for all cash. It’s the easiest and quickest way to sell your property. There’s no mortgage applications, no bank appraisals, no out-of-pocket expenses. If you are looking for speed and convenience, a cash offer could be a good fit for you.

Creative: refers to selling a property using non-traditional methods. Some common creative methods include seller finance and subject-to. These methods are typically used in situations where a cash or traditional offer wouldn’t solve the problem. Certain situations require out-of-the-box thinking, and that’s where ‘Creative Financing’ can be a solution.

Creative Finance FAQs

Seller financing a property in Texas means that the seller takes on the role of the lender, which would typically be a bank in a traditional financing transaction. This strategy allows the buyer to pay the seller in monthly installments rather than using a traditional mortgage from a bank, credit union or other financial institution. Seller financing is also referred to as Owner financing.

Higher Sale Price: By offering seller financing, sellers can often command a higher selling price for their property. A buyer might be willing to pay a premium for the convenience and flexibility of this financing option, leading to a more profitable sale for the seller.

Monthly Income: As a seller, this strategy can create a consistent income stream over time. As a buyer repays the loan through monthly installments, the seller can enjoy a steady flow of passive income. This regular income can supplement the seller’s finances, provide additional financial security, or even be used for other investment opportunities.

Save On Taxes: Unless it’s your registered homestead, selling your property for cash means that 100% of your capital gains tax is owed to Uncle Sam in the year you sell. This can push you into a higher tax bracket. With seller financing, sellers can spread out their tax burden over several years.

Faster Sale: With traditional financing, buyers often face a lengthy approval process, leading to delays in closing the deal. Seller financing eliminates the need for third-party lenders, banks, appraisals, inspections, and other extensive paperwork. This allows for a smoother transaction and faster closing.

Seller financing a property in Texas means that the seller takes on the role of the lender, which would typically be a bank in a traditional financing transaction. This strategy allows the buyer to pay the seller in monthly installments rather than using a traditional mortgage from a bank, credit union or other financial institution. Seller financing is also referred to as Owner financing.

Higher Sale Price: By offering seller financing, sellers can often command a higher selling price for their property. A buyer might be willing to pay a premium for the convenience and flexibility of this financing option, leading to a more profitable sale for the seller.

Monthly Income: As a seller, this strategy can create a consistent income stream over time. As a buyer repays the loan through monthly installments, the seller can enjoy a steady flow of passive income. This regular income can supplement the seller’s finances, provide additional financial security, or even be used for other investment opportunities.

Save On Taxes: Unless it’s your registered homestead, selling your property for cash means that 100% of your capital gains tax is owed to Uncle Sam in the year you sell. This can push you into a higher tax bracket. With seller financing, sellers can spread out their tax burden over several years.

Faster Sale: With traditional financing, buyers often face a lengthy approval process, leading to delays in closing the deal. Seller financing eliminates the need for third-party lenders, banks, appraisals, inspections, and other extensive paperwork. This allows for a smoother transaction and faster closing.

A subject-to transaction refers to purchasing a property while keeping the underlying mortgage, and /or other debts intact. It is essentially taking over the payments on an existing mortgage. With a subject-to sale, the seller’s name and the current terms of the seller’s mortgage stay the same, meaning the buyer is not assuming the loan. The buyer simply continues to pay down the existing mortgage on the seller’s behalf in exchange for ownership of the property.

Despite its long history, some investors, realtors and even title companies may not be familiar with the subject to strategy, and may raise questions about its legality. However, the subject to strategy is well recognized and acknowledged by the IRS and the Department of Housing and Urban Development (HUD). The term “subject to” is even listed as a line item on a HUD Settlement Statement, signifying that we are acquiring the property subject to the existing mortgage terms. The IRS provides more information on this subject in Publication 537.

If you have an existing loan in place, selling your property subject-to is great way to unlock the many benefits that come with it. Here are some of them:

Quick Sale: One of the biggest benefits is the speed at which a sale can occur because the buyer is not obtaining new financing. Selling subject-to enables the buyer to purchase your property fast, even if it needs repairs.

Improve Credit: For most people, their mortgage is their biggest household expense. This means that having a performing mortgage plays a huge role in determining their credit standing. With subject-to, because the loan stays in your name, your credit will improve as the mortgage payments are made on time each month.

Loan Reinstatement: If you’re behind on mortgage payments, we will catch up all the missed payments and bring your loan current. Reinstating a mortgage is critical to keeping your credit intact.

Sell a “Unsellable” Property: A property can be considered unsellable for a few reasons: (1) If you have little to no equity, or are upside down on your mortgage, you may not be able to sell your property using traditional on-market methods. In a traditional on-market sale, the realtor commissions and closing fess are paid by the seller. This means that if you are upside down or have no equity, you will have to bring money to the closing table. (2) Your property may need considerable repairs to get it up to current “market-ready” standards before it can be sold on-market. Either of these scenarios can make a property “unsellable”. Having a buyer take over your mortgage payments might be the solution you need.

Selling With An Agent Better Way Home Solutions

Speed of Sale

90+ Days Average

30 Days Average

Commissions / Fees

3% – 6% paid by you, the seller
NONE

Closing Costs

2% paid by you, the seller
NONE – we pay all closing costs

Appraisals

Yes – the sale is often subject to appraisal
NONE

Professional Inspections

Yes – ofter required by traditional lenders
NONE – just a simple walkthrough

Repairs & Clean-Up

Yes – often performed by you, the seller
NONE – we buy as-is

Offers

Offers may vary, no guarantee
Competitive cash and creative offers

Buy With Tenants

Depends on the buyer

YES

Leaseback Perk

Depends on the buyer

YES – learn more here

Compare: The Traditional Way Vs The Better Way

Discover why Better Way Home Solutions is the smarter choice when compared to traditional selling. While you may be able to get a higher sales price listing with a local North Texas realtor, that doesn’t always mean more money in your pocket or less headache. When you work with us, you skip the lengthy listing process and close on your schedule. Dive into the details below and compare your options.

Get A No-Obligation Home Offer
in 24 Hours or Less!

Get A No-Obligation Home Offer in 24 Hours or Less!

Give us a call at (817) 826-9006 or fill out our form to get started.

North Texas Counties We Invest In

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