Frequently Asked Questions
1How long will it take to receive my offer?
You will have an offer within 48-72 hours, as long as our house visit can be scheduled within 1-2 days of your offer request. One of our team members will reach out to you via the contact information you provided.
2What happens if I get cold feet?
There are no strings attached. You can walk away from our offer at any time prior to scheduling the closing with the title company. If you have a change of heart after scheduling the closing, we will ask you to reimburse us for the title closing fee.
3Who pays for the home inspection?
We cover the home inspection for you. You’ll even get a copy of the report if requested.
4How do I know that I’m receiving market value for my home?
Our market knowledge differentiates us from the tech start-up iBuying companies. We have been in the southeast Michigan real estate market for 90 years. We use our experience and market knowledge to make you the best offer possible. We will provide you with our market value report that will include comparable sales and market data used to determine the offer price.
5What are the title and closing costs?
The closing costs consist of the owner’s title policy, transfer taxes, closing fee and recording fees.
6What types of properties does Househop purchase?
Your homes must meet the following criteria:
We’re looking for homes valued from $50k - $500k.
Your house must be located in Southeast Michigan
Your house must be a minimum of 750 square feet.
We’ll work with condos, too!
We’re looking for homes valued from $50k - $500k.
Your house must be located in Southeast Michigan
Your house must be a minimum of 750 square feet.
We’ll work with condos, too!
7Can I still sell to Househop if my home is listed with an agent?
Yes, please have your agent give us a call or visit our website so they can fill out our agent referral form.
8Does my offer expire?
Your offer expires after 60 days, however if you would like more time to make a decision, simply request an updated offer.
9Who will be inspecting my home?
One of our licensed home inspection partners will be inspecting your home and will also be accompanied by a Househop team member.
10What happens if the inspection finds that repairs are needed?
If repairs are identified and needed, we’ll deduct the repair costs from our offer and do them for you. Don’t stress about being overcharged; we promise the deducted repair costs are fair. You’ll also get a free inspection report out of the deal. Unlike other iBuyers, we do a walk-through prior to making our offer, so the inspection will only cover any issues that were not identified at the time of the walk-through.
11What company does Househop use for title and closing services?
We have the advantage of being part of the Real Estate One Family of Companies and can seamlessly offer title and closing services through our in-house title company, Capital Title, one of the largest and most experienced title companies in the state of Michigan.
12Can I change my closing date once I am under contract?
Yes, you can. You can pick your closing date, up to 60 days from the date of offer acceptance. We will even give you up to 2 weeks free occupancy.
13What happens to my home after I’ve sold it to Househop?
We will make renovations/updates/repairs to the property if they are needed and then put the house back on the market.
14How long does the home selling process take?
For most transactions, we can close on your home in 7-10 calendar days from offer acceptance.
15I’m an agent. How do I work with Househop?
We would love to work with you. See the Agent Referral section of our website for more information.