Frequently Asked Questions
If you’re thinking about selling your house for cash to a Portland real estate investor, you probably have some questions. We’re here to help! If you don’t see your question below, please feel free to contact us directly at (503) 200-8730.
What’s the difference between a real estate investor and a real estate agent?
The biggest difference between a real estate agent and a real estate investor is that a real estate agent wants to help you sell your home, while a real estate investor wants to buy your home for cash.
Another big difference between a real estate investor and a real estate agent is how they make their money. You don’t have to pay an investor (they pay you!), but you do have to pay an agent. Real estate agents typically require up to 5% commission of every sale they facilitate. Conversely, real estate investors make a profit when they eventually resell or lease the property.
What are the advantages of selling my house for cash to a real estate investor?
Whether you’re selling a home for the first time or are a seasoned pro, there are many benefits to selling your house to a real estate investor, including:
- A cash offer
- A $10,000 earnest money deposit
- A quick sale
- No commission fees
- No need to make repairs (sell the house as-is!)
- No cleaning costs
- The ability to avoid foreclosure
Do I need to fix up my house before I sell it for cash?
No! You don’t need to make any repairs before selling to a real estate investor. Even if your roof is damaged, your kitchen hasn’t been remodeled since the 70s, or you have major foundational or electrical issues, a real estate investor will be interested.
What is involved in selling a house for cash in Portland?
Selling your home to a real estate investor for cash is the easiest, simplest way to sell your home. Here’s how it works:
- Step 1: The investor will visit and evaluate the property
- Step 2: The investor will make a cash offer within 24 hours
- Step 3: If you accept the offer, you’ll decide on a closing date
- Step 4: Closing will take as little as 2-3 days and there are never any closing fees, hidden costs, or agent commissions.
A trusted real estate investor will give you a fair cash offer for your home. You’ll have the cash you need and the peace of mind knowing that the sale of your home was completed quickly and professionally without the drawbacks of dealing with a traditional real estate agent.
Sell Your House for Cash to Columbia Redevelopment – What To Expect
How does your process work?
We offer quick, straightforward solutions for sellers. When you contact Columbia Redevelopment, we will meet you at your property, make you an as-is cash offer within 24 hours, and deposit $10,000 earnest money into your account. We will handle all the paperwork and draft the sales documents for you to review. Finally, you pick the closing date, and we’ll pay you in cash at closing.
Do you buy houses for cash near me?
We’re based in Portland, Oregon, but we buy properties of any type, size, and condition all over the Portland and Vancouver areas, from the Oregon Coast all the way out to Clackamas. If you’re looking to sell a property near us, we’d love to hear from you — even if you don’t live in the area.
How does working with Columbia Redevelopment compare to working with a real estate agent?
Real estate agents work on commission. Even if they wanted to, they can not guarantee a fast sale because they are selling the property, not buying it. This is why a real estate agent is not your best option if you want to sell your home quickly. Columbia Redevelopment is different. When you work with us there are no inspections, no waiting for bank financing, and no haggling with other buyers. Plus we don’t take a sales commission like a real estate agent. Our goal is to give you the best possible cash value for your home.
How long have you been buying homes?
We’ve been buying homes since 2008 and we haven’t looked back since. We’re based in Northeast Portland and love what we do!
Do you buy damaged properties or “fixer-uppers”?
Yes, we have been renovating homes for years and know how to deal with old and damaged properties. We buy homes in any condition, including fixer-uppers, vacant lots, and messy homes. You do not even need to clean out your basement! (We will donate any unwanted items to charity.) We also buy houses with extreme damage from mold, fires, rot, oil tank leaks, and more.
What happens to my house after I sell it to you?
After you sell your property to Columbia Redevelopment, we will renovate it and put it back on the market to be resold within 6-months or less. One of our goals is to give back to the neighborhoods we serve, so once a project is done, we’ll donate to a local charity that does good work in that neighborhood. If you’re interested in seeing some of our work, our past projects are listed on our website.
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