Have questions ?

Feel free to browse some of our most commonly-asked questions below. If there's anything you don't see here or if you'd like to discuss your situation further, don't hesitate to give us a call! At CalHomeCo we always strive to be as transparent and up-front as we can possibly be with our clients. We want you to understand the options that are available to you, how our offer is calculated, and how the process works from beginning to end.

Should I sell my house to a cash buyer ?

It depends on your situation. A sale to a cash investor is typically much faster, simpler, and more flexible than a traditional listing. The trade-off for this convenience is that the sale price will most likely not be as high as it could be with a listed sale.

How quickly can a cash buyer close ?

Reputable and experienced investors can typically close as quickly as 5 days from an accepted offer, which is the shortest escrow that California law allows. If your property is 'underwater', however (you owe more than the home is worth), then a short sale is likely necessary and will need to be negotiated with your lender. Some investors will take on short sales, but expect a longer time to close (typically 2-6 months)

How do I stop a foreclosure ?

There are a few basic options available to stop a trustee sale on your home. If you are unable to pay the amount owed to get your mortgage back on track, you can apply for a modification with your lender or file for bankruptcy in an attempt to negotiate repayment terms and keep your home. Otherwise your options are typically to either sell or to allow the bank to take possession of the home.

Can I stop an auction last minute ?

Once a trustee sale is approaching within a few days, it can be difficult to prevent it from happening. Filing for bankruptcy will typically place an automatic stay on the foreclosure, but will require you to work with the court and your creditors on a repayment plan. The sooner you address a pending foreclosure, the more options you may have available to you.

I've been contacted by a lot of cash buyers; why should I choose CalHomeCo ?

Finding a cash home buyer in San Diego is not difficult. There are dozens to choose from at any given moment, but it is of utmost importance to ensure you are working with a reputable and experienced company. This can literally mean the difference between a fast, easy cash sale in 5 days or a drawn out process with price reduction requests, or a buyer cancellation. Unfortunately for sellers facing a time crunch such as a foreclosure or a tight relocation timeline, this can be disastrous.

How can I tell if I can trust a cash buyer ?

 This might sound tricky as the shady investors will never be up front with that information! Always ask for references, and do your due diligence researching the company before signing anything. Look for online reviews, check out their website, and look them up on Yelp and other sources. Some investors such as CalHomeCo can even connect you with previous clients that will be happy to talk to you about their experience with us.

What are the advantages and disadvantages of a fast cash sale vs listing with an agent ?

A cash sale to an investor will typically be much faster, simpler, and more flexible than a 'traditional' sale with an agent. An agent may be able to get a higher sale price in the end, however. It's ultimately a question of whether the ease and convenience of an investor purchase is better for your situation than a few months of cleaning, staging, showings, negotiations, as well as closing costs and commissions. A reputable investor buyer is typically able to cover all of those costs for you and put cash in your hand in a week or so.