Frequently Asked Questions
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As a property solutions company, we specialize in helping our clients with their real estate situations, regardless of how complicated they may be. We can handle everything from simple cash sales or on-market listings to helping clients work through tough probate processes and even taking over the stress of removing problematic tenants after the sale. Where many others would walk away, we leverage our team of partners, including realtors, title agents, real estate attorneys, lenders, and partner investors. Our goal is always to get our clients to their goals.
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Turner Property Solutions is based out of Fredericksburg, VA, and we typically buy properties within an hour and a half of Fredericksburg.
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Our goal is to make the property selling process as simple as possible, so if any repairs or updates are necessary, even if the house is on the verge of falling, we can probably buy it. You don’t have to do anything about it. This also applies to belongings. You don’t have to take anything you don’t want to. Just let us know what you plan to leave behind, and we will take care of it.
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All of our offers are based on the current real estate market in the area of the property, the current condition of the property, and repairs/updates we would have to make. Beyond that, we factor in the costs of buying, holding, and selling, as well as profit, to determine the offer. We always try to be transparent and break down all these costs when reviewing the offer. We want you to see it’s not just a number pulled out of thin air.
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We can typically close in as little as 2-3 weeks. This is dependent on the county's return of title work. We can close as soon as title work is back, so all of our purchase agreements are set for on or before close dates so we can close as quickly as the client would like.
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Fortunately, Turner Property Solutions can help even if a cash offer isn’t the best option for you. We can look at listing the property on the market with one of our partner realtors. Going this route, it may take a little longer to sell, but especially if the property is in perfect condition, we always suggest listing the property. If minimal repairs or updates are needed, we can look at our partner program. We would leverage our contractors to do the work and either take payment at closing, or Turner Property Solutions would pay up front and be reimbursed for a fee. Then, the property would be listed by our realtor on the market, with the new updates helping to make the property more desirable and sell quickly.
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Once we receive your information, typically that you have filled out online, someone will contact you to get more information about the property. We want to ensure the public records info is correct and understand how we can best help you. At the end of the call, we would like to set an appointment to meet you in person and see the property so we can put together an accurate valuation.
This meeting and walkthrough usually take around 30 minutes to an hour; in most cases, we can put together an offer immediately. If the meeting is for a listing, you will review the listing agreement with the Realtor.
If we can agree on a price, we can sign a purchase agreement right there, and in most cases, it will be scanned and emailed to escrow on the same day. From there, all we need to do is a septic inspection, if a septic system exists, and have our contractors through for estimates. If there are no title issues, you will hear from the title company a few days before closing to schedule signing. You sign on closing day, and that’s it! We try to keep it as simple as can be.
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This part of the transaction is entirely out of our hands as the title company handles all monies. Once all documents are signed, the closing documents are typically sent to the county for recording. Once recorded with the county, the title company will disburse the funds by mailing a check or via direct deposit if you set that up.
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There are no fees for using this service. That said, we do purchase properties at a discounted rate, so there is a trade-off in equity for the speed, convenience, and ease of selling via cash offer.
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No! We cover all customary closing costs. The only cost the seller would be responsible for is the prorated taxes for the portion of the year the seller owned the property, and in some cases, we can cover this as well.