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Posts Tagged ‘We Buy Amarillo Houses’

Don’t Get Scammed! |We Buy Amarillo Houses

Tuesday, August 8th, 2017

A while back I met with a homeowner and placed a bid on their house. A few days later they called and told me I had been outbid by another investor. I was surprised to hear this because I had made what I considered to be a very aggressive offer. A month later they called and asked if my offer was still good. I told them it was and we closed two days later. At closing they told me that this other investor had really given them the run-around. Once he got their house under contract he had brought in other buyers to try and sell the property before he had even bought it. Sounds crazy but it happens all the time. When he couldn’t find another buyer he just backed out.
Here are the 5 best ways to avoid being scammed:

1. Never sign an assignable contract. Do not sign a contract with the words “and/or assigns” written in it. In fact, in special provisions you should write “this contract is not assignable.” This is probably the easiest way to avoid being scammed. This will prevent an investor from trying to sell your house before they buy it.

2. Ask for references. A good company will not mind giving you references. I can give you as many as you want.

3. Verify funds. If someone advertises they pay cash for houses they won’t mind you verifying that they actually have the money to close. If they balk at this request do not work with them.

4. Ask for a short closing date. Even if you want to close in 30 days don’t tell that to the investor. Tell them you want to close in 3 days and your contract will not be assignable. You will be able to tell immediately if you are dealing with a real cash buyer or not!

5. Do not sign a contract with a long option period or a long inspection period. Anything over 5 days should be a red flag. Many new investors want long option periods so they can back out if they can’t find a new buyer. Short option periods make this much more difficult.

If any of this sounds confusing just call me and I can explain it further. When we write a contract and shake your hand we intend on closing that deal. You are welcome to call our references and verify funds. We do what we say we’ll do and our deals close on time with no problems. That’s why we receive so many referrals from happy customers. We are very much a local company. You are welcome to stop by our office for a cup of coffee anytime.

If you have a house to sell in Amarillo or Canyon give us a call. We would be happy to make you an offer. You can call us at 806-359-7653. You can also visit us online at We Buy Amarillo Houses.

Get An All Cash Offer On Your House! | Mitchell Property Group | 806-359-7653

Wednesday, February 1st, 2017

Do you need to sell your house quick fast and in a hurry? If so let us make you an all cash offer. We can close in a few days if you need us to. Do you have a house that needs a lot of work? We can buy it from you in as is condition. Do you have a nice house in a nice neighborhood and you aren’t in a hurry to sell? We can list it for you!

The bottom line is that if you have a house to sell we can help. We buy houses and we also list houses. We can even list your house and give you a written cash offer that you can decide to take at any time. Give us a call and let us help. We would love to give you some free information. No strings attached. We have been helping people buy and sell houses for over 15 years. We are easy to work with and we can give you as many references as you want. Call us today at 806-359-7653We Buy Amarillo Houses

Think Only Stupid People Sell To Investors? Think Again! | We Buy Amarillo Houses

Thursday, August 11th, 2016

I hear this a lot. “Only an idiot would sell to an investor!” Or “Why would anyone leave all that money on the table?”
I was eating lunch with my wife on a Friday at Abuelos. It is her favorite place to eat and it’s close to our office so we try to go as much as possible. My phone rang and I immediately hit silence. I noticed it was a Realtor I have worked with over the years. After lunch I called her back. This is the scoop she gave me. Her house was in a nice part of town. She had lived there for 15 years. It was not in terrible condition but it was not updated. She had found a great deal on a new home that required her to act fast. She wanted me to come give her an offer.
When I met with her to look at the house it was just as she had described. It was dated. It needed paint, flooring, and updating in the kitchen in bathrooms. It also had an older sewer line. I asked her why she didn’t just list it herself. She said “Oh honey, on a house like this it never works out like you think!” Now keep in mind that this is a very seasoned successful agent. Why would SHE sell to an investor. Because she is smart!
First of all she needed to sell fast. If she listed the house she knew it would take a few months to get closed under the best of circumstances. She also knew that homeowners would hire an inspector who would pick her house apart. It happens all the time. She knew from experience that by the time she paid a Realtor commission to the selling agent, made lender required repairs, and paid closing cost that she would end up right back at the same price that I was offering her. Besides I offered to pay ALL closing costs. In other words, she would NET the same either way but my offer was faster and much easier. Smart sellers and agents focus on the NET price, not the contract price.
The following Friday I met her at the title company and we closed. She walked out with a check and I took my wife to Jason’s Deli. It’s right next door to the title company.
There are many times when someone has a house that doesn’t need work and they have plenty of time to sell it. In those cases they should use a good Realtor. I recommend giving my wife a call. She is a great agent! But when the house needs work and time is of the essence do what the smart Realtors do… Call me!
Call 806-359-7653 or visit me online at Sell My House Fast.

We buy nice houses too!

We buy nice houses too!

Should I rent out my personal home? | Mitchell Property Group

Wednesday, July 13th, 2016

So you are buying a bigger house. Should you sell your old house or rent it out? I get this question a lot. The answer is simple. Sell it! Never rent it unless you absolutely have to. Renters will decrease the value of your home. They will not take care of it like you did. Pretty soon you will get tired of being a landlord and decide to sell it. But now it’s not your homestead so if you make a profit you will have to pay taxes. If you would have sold it while it was your homestead there is a very good chance you would not pay tax on the profit. And you will either have to make repairs to get it back in good condition or sell it at a discount. I see this all the time! If you want to be a landlord sell your house and then go buy a rent house. But never rent out your personal home. Just take my word on this!
If you need to sell your house call us today at 806-359-7653 or visit us online at Sell My House.

What Makes Us Different? | We Buy Amarillo Houses | 806-359-7653

Tuesday, April 26th, 2016

Yesterday I read online that a homeowner had a bad experience with a nationwide home buying franchise. I read both sides of the story and I honestly think that the homeowner got the short end of the deal. I want you to know that we are not your typical house buying company. Here’s why.

1. We give you at least two options. We are investors but we are also Realtors. We can buy your house or we can list your house. Every time we make an offer on a house we also give you a recommended list price. Sometimes it is better to list your house and we want you to know that. Now don’t get me wrong, we’d always love to buy it and we can do that, but we want you to know all of your options. If you have a house that needs a lot of work or needs to be sold fast selling it directly to us is probably your best option. But if your house is in good condition and you don’t need to sell it fast listing it could be a great option.

2. We give you a lot of information. We’ve always believed that when people have enough good information they can make a decision that is best for them. Every time we make an offer we tell you what we believe to be the anticipated resale value of your home. This is often referred to as the ARV or ‘after repair value.’ We tell you the estimated amount of repairs. This way you know exactly what your house would be worth in tip-top condition and what it would take to get it there. If your house is in good condition we will also tell you what the ‘as is’ value would be if we were to list it for you. We go over closing costs and Realtor fees so that know what you would walk away with if you decided to go this route. In other words, we show you several different options. We know every situation is different so we don’t offer one-size-fits-all solutions!

If you have a house that you need to sell give us a call. We would love to go over your options and show you how we can help. Even if we can’t buy it we can probably give you some great information. Give us a call at 806-359-7653. You’ll be glad you did!

Wade Mitchell
We Buy Amarillo Houses

Real Estate Investor VS Realtor | Mitchell Property Group

Thursday, January 21st, 2016

Real Estate Investors are an interesting lot. Most of them are fiercely independent and extremely stubborn. They have Maverick personalities and are not big on rules. They always think outside the box. Most of the good ones I know have a knack for being able to quickly analyze a deal and pull the trigger.

Realtors are also a very interesting group. Most of them are very “by the book”. They like to follow the rules and have a difficult time thinking outside the box. Not all of them but many are this way. The good ones have the ability to put their ego aside and get a deal to the closing table.

Every day I get to work with Realtors and Investors. It can be very interesting at times to say the least! Most of them are top-notch. Emmy has a classic Realtor personality and I have a classic Investor personality. I help her to think outside of the box and she keeps me out of jail!

The cool thing about our company is that we are able to offer our clients both options.  I can make an all cash offer to buy the house as is. Emmy can show them what she could list the house for and they can compare options.  Either way we are happy to help.  Sometimes people are on the fence and have a hard time deciding which way to go.  In that case we always recommend listing the house first to see if it will sell.  If it doesn’t sell they can always take my cash offer at any time and we will waive the Realtor fees.  This lets our clients try to sell their house for as much money as possible while knowing that at any time they can sell the house to me if they need to.  Pretty cool huh?

If you have a house that you need to sell or list or maybe a combination of the both call us.  I guarantee you we can help!  Call us today at 806-359-7653 or visit us Sell My Amarillo House.

Mitchell Group-7

 

Give your Realtor a break! | We Buy Amarillo Houses 806-359-7653

Monday, October 19th, 2015

I just got a call from an angry seller. He said he had listed his house with a Realtor who was doing a terrible job. They had received a contract on their house. The contract stated that it was an as is sale but during the inspection period the new buyer discovered that the roof had hail damage. This meant that the house was not insurable. According to the contract the buyer could now either renegotiate or back out. The seller believed all of this was his Realtor’s fault! He believed that she should have convinced the buyers to go ahead and buy the house because it was an as is sale. He said he would rather just sell it to me and not tell his Realtor. This really upset me. You see, I’m married to a Realtor and I know how hard the good ones work. I asked for the address and pulled it up on the MLS. As it turned out this particular agent was doing a wonderful job marketing his property. And she had given him great advice on how to price it. I informed him that I would never go behind his agents back and buy his house. Besides being unethical, it is illegal. I also told him to just file an insurance claim and fix the dang roof!
I see this type of thing all the time. Many times Realtors get blamed for things that are out of their control. If a house is overpriced or in terrible condition the best Realtor in the world can’t sell it. In my opinion this is what a good Realtor will do. They will advise you on the proper list price. They will advise you on any repairs that need to be made before you put the house on the market. They will market the house aggressively. They will advise you when you should lower your price. They help you through the negotiation process and most importantly they help get the deal closed. But they are not miracle workers so give them a break!
I have to admit that I have seen some agents who do a very bad job and that is a completely different story. If you have a bad agent you have some real problems. Once your listing agreement expires call me. Until the listing agreement expires they will be owed a commission if the house sells.
If you have a house that you need to sell call me! We will happily cooperate with your agent if the house is listed. We work with Realtors every day so it is not a problem. You can visit us online at Sell My House or call us at 806-359-7653.

Mitchell Property Group | Do You Need Help With Real Estate?

Thursday, September 3rd, 2015

Wade and Emmy Mitchell, Mitchell Property Group

How can we help you? Do you have a Real Estate problem that you need help with? Maybe you don’t need to sell but you have a different kind of problem? Here are some common questions that we get:
1. Who is a good real estate attorney?
2. Do I need to probate this will or is there another way that is cheaper?
3. How to I write a contract to sell my house to my friend?
4. Should I sell my house or rent it out?
5. Should I make improvements or sell my house as is?
6. How do I sell my house on my own?
7. Should I sell my house to an investor or list with a Realtor?
We don’t mind helping you with any question that you may have. We have been in business for a long time and we have seen all sorts of unusual situations. If we don’t know that answer we probably know of someone who does! Give us a call at 806-359-7653 or visit us online at Mitchell Property Group

 

Flooded Houses, Tall Weeds | We Buy Flooded Houses!

Monday, June 1st, 2015

I drove by a sign the other day that read ‘pray for rain.’  It was in a yard that had about 6 inches of standing water.  Rain in the Texas Panhandle is always a good thing.  But this much rain can reek havoc on older houses.

Flooding is the biggest problem.  Amarillo does not have the best water drainage.  In fact there are many neighborhoods that flood every time it rains this much.  This can cause problems like damaged foundations, black mold, and rotten base plates just to name a few.  Another problem is out of control weeds.  This is especially true on vacant properties.

If you have a house that has water damage that you would like to sell call us!  We buy Amarillo houses ‘as-is’ and we close fast.  Call us today at 806-359-7653 or visit us online at We Buy Flooded Houses.

We buy Amarillo houses!

We buy Amarillo houses!

We’ve Been Buying Houses For 15 Years! Thank You Amarillo!

Wednesday, April 29th, 2015

15 Years ago we started buying and selling houses in Amarillo.  The first few houses we bought were such a struggle.  It was hard to find houses to buy.  It was even harder to find the financing to get them bought.  And since we did most of the work ourselves, the remodel process was brutal.  At that time I was working 60 hours per week in a job that I hated.  Emmy was pregnant with Carson.  I would get off of work at 8:00 at night and we would go work until midnight or later.  It would take us months to finish each house.  To be honest, we had no clue what we were doing.  We made so many mistakes.  In 2003 Emmy got her Real Estate License.  For the next three years she ran the business while I worked.  It was very discouraging at times because it seemed like we were not making much progress.  What made it even more difficult was that we had two toddlers.  Finally in May of 2006 I was able to quit my job and start doing Real Estate full time.  We soon found out that being in business for yourself is not as glamorous as people think.  There have been many challenges and setbacks that we have faced in the last 9 years.  I never will forget when the financing crises of 2008 hit.  At that time we had 15 houses on the market.  It is only by the grace of God that we were able to survive!

In the last 15 years we have bought and sold hundreds of houses.  We have met some amazing people along the way.  Every year I stop what I am doing and write a ‘Happy Anniversary’ blog.  We will never stop being thankful!  If you have a house that you need to sell call us at 806-359-7653 or visit us online at We Buy Amarillo Houses.

Wade and Emmy Mitchell Mitchell Property Group Amarillo TX

Wade and Emmy Mitchell
Mitchell Property Group
Amarillo TX

Sell My Amarillo HouseSell My Amarillo HouseSell My Amarillo HouseSell My Amarillo House

Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com