Straight Answers About Taking Over Your Payments
Owners are right to ask hard questions before handing over a house. Here are the common ones, answered directly, including the parts that are not flattering to us.
- Las Vegas homes
- Bought as-is
- No agent commission
- Closes through a title company
- You pick the closing date
Questions About Safety and Trust
Trust comes first, so we start there. If an answer below is not enough, call and ask us to go through it out loud. You can also read the overview on our how it works page.
Is this legitimate?
Yes. It is a purchase agreement that closes through a title company. Your own attorney can review it before you sign.
Who makes the payments?
We do, through a licensed third-party loan servicer that keeps a record of every payment.
What stops you from walking away?
The written agreement spells out each party's obligations, and the servicing record shows whether payments were made. Ask your attorney how it protects you.
Questions About Your Credit and Your Loan
This is the part we want you to hear from us rather than discover later.
Does the loan stay in my name?
Yes. The loan keeps its existing terms and remains in your name until it is paid off or refinanced.
How does that show on my credit?
The loan still appears on your credit report. On-time payments help your history, and late payments would hurt it, which is why the servicing record and your ability to verify payments matter so much.
Can I still buy another home?
Possibly, but lenders look at your existing debts when you apply. Talk with a mortgage professional before you commit so there are no surprises.
Find Out If Your Payment Can Be Taken Over
Send your address and a phone number. A real person looks at the home and the loan details you share, then calls with a few questions before anything else happens.
Would you rather talk first? The red TALK TO ALEX button rings our line directly.
Questions About Cost, Timing and Condition
Money and calendars are the practical side of the decision.
What does it cost me?
There is no commission on a direct sale and no repair bill. Closing costs are laid out in the written terms before you sign.
How fast can it close?
Commonly two to three weeks, on a date you choose. We can only confirm it once we have seen your loan and the house.
Do I need to fix anything?
No. We buy as-is, so repairs and cleaning are ours after closing.
How much will I walk away with?
That depends on your equity and the terms. Because this suits homes with thin equity, it is not the right route if you need a large payout. Our options guide compares the paths side by side.
Questions About Our Role and Your Rights
Some owners want to know exactly what we are, and what they can ask of us.
Are you a real estate agent?
No. We are a direct buyer, not a brokerage, so we do not list your home and we do not charge you a commission.
Can I change my mind?
You can say no at any point before you sign. Once an agreement is signed, its written terms apply, which is a good reason to have an attorney read it first. The terms of use describe how the website and requests work.
Can I see everything in writing?
Yes. The proposed terms, the servicing arrangement and the closing costs are put on paper for you to review. The how it works page lists what to expect at each step.
Will you pressure me to decide quickly?
No. A decision about your home should not come with a countdown. Take the time you need, and ask as many questions as you like.
What if I decide to relist instead?
That is a perfectly reasonable choice, and we will not argue with it. If relisting does not go the way you hope, our door is still open and the same questions and answers apply.
How do you contact owners?
We reach out by mail and sometimes by a live phone call to numbers that are not on do-not-call lists. We never send text messages unless you opt in. If you would rather not hear from us, tell us and we will stop.
Questions About Getting Started
If you are still curious, here is how to take the next small step without committing to anything.
What do I need to have ready?
Your mortgage statement helps. We ask for your rate, your total monthly payment and about what you owe.
What if my rate is too high?
We will tell you right away and you will have lost only a few minutes. We would rather be honest than waste your week.
What happens to my information?
We use it to respond to you and nothing else. Read our privacy policy and terms of use for the details, or read about us first.
When you are ready, contact us and ask your questions out loud.
Common Questions
Is this legitimate?
Yes. It is a purchase agreement that closes through a title company, and you can have your own attorney review it before you sign.
Does the loan stay in my name?
Yes. The loan keeps its existing terms and remains in your name until it is paid off or refinanced, so it still appears on your credit report.
Who makes the monthly payments?
We do, through a licensed third-party loan servicer that keeps a record of every payment.
What if my interest rate is high?
Then this is probably not a fit, and we will tell you so on the first call instead of wasting your time.
Do I have to make repairs?
No. We buy the house as-is, so repairs and cleaning are our responsibility after closing.
How long does closing take?
Commonly two to three weeks, on a date you choose, though we can only confirm a date after we have seen your loan and the house.