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Overall
I want to sell my house but don't know what to do. How do I ensure I'm not being taken advantage of?
You've came to the right place! Tidewater Properties proudly adopts a customer first approach to the selling experience. Our goal is to simplify what can be a difficult and stressful experience and offer data driven guidance as to your best decision, all while factoring in your unique circumstances. Our one of kind process is built around finding the best solution for you, not for us!
Unlike others, we offer a comprehensive range of selling options tailored to your specific situation. Whether you prefer a quick cash sale, working with a top real estate agent, or having your house fixed before listing, we provide all the information and support you need to choose the best option for you.
No, Tidewater Properties does not charge for providing a property analysis of all your selling options. We believe in offering transparent and valuable guidance to our customers, and providing a comprehensive analysis is part of our commitment to assisting you in making informed decisions. Our goal is to help you understand the potential outcomes and financial implications of each selling option without any additional cost or obligation on your part.
We believe in empowering our customers through transparency and solid data. We present you with detailed information, including comparable sales (comps) and a summary of potential selling prices for each option, along with the pros and cons of each choice. This allows you to make an informed decision that suits your circumstances.
We employ a data-driven approach, considering market trends, property condition, and other relevant factors to determine fair and accurate property valuations. Along with hundreds of rennovations we've done, we are also a licensed general contractor so you can have peace of mind with our rennovation costs and timing. Our commitment to integrity means you can trust our assessments and expect realistic expectations for your home's selling potential.
Cash Offer
Tidewater Properties is currently buying homes in Pender County, New Hanover County, Brunswick County, and Onslow County.
Tidewater Properties purchases residential properties such as family homes, condos, townhomes, manufactured homes, and vacant land. We do not buy commercial properties or timeshares.
Absolutely! We not only buy properties that are pending foreclosure but also provide assistance to prevent foreclosure and protect your credit. Our experienced team is well-versed in navigating the foreclosure process, and we are dedicated to finding the best solution for you. If you are facing foreclosure, don't worry—our team is here to guide you through it.
We do not purchase homes located outside of our service areas. Additionally, we do not buy manufactured (mobile) homes built before 1976, homes without clear ownership (no double escrow), or commercial properties.
Yes, Tidewater Properties is a local company that provides personalized guidance and exceptional service to our clients. With our extensive knowledge of the local real estate market, we can assist you in navigating the buying or selling process with ease.
Tidewater Properties stands out by offering a comprehensive education to sellers on all available options, rather than pushing them toward a specific choice. We prioritize transparency and honesty throughout the buying or selling process, aiming to build lasting relationships with our clients. As a local company, we possess an in-depth understanding of the local market, allowing us to provide tailored guidance to meet your specific needs.
We understand the importance of your time, especially when a fast solution is necessary. At Tidewater Properties, we aim to complete transactions as quickly as possible and usually within 20 days.
No, receiving an offer from us does not tie you to a contract. We value transparency in our transactions, so you don't have to worry about feeling pressured to complete a transaction you didn't sign up for.
Yes, we buy homes that are owner-occupied. If you have tenants, it would be helpful to inform them about your plans in case we need to assess the property's exterior or interior.
With Tidewater Properties, you have the freedom to choose your own closing date. However, in general, the selling process is typically completed within 30 days.
When you move, you will need to leave any built-in appliances, permanent fixtures, and the keys to the property.
Absolutely. Since Tidewater Properties can close a deal in as few as three weeks, we can provide you with the cash you need before you miss another payment and help you avoid foreclosure altogether.
No, there is no fee for us to visit your house and make an offer. We provide this service completely free of charge. Contact us today to receive a free offer.
Yes, we do purchase homes in gated communities.
Certainly! If you have inherited a house, you have full freedom to decide what you want to do with it, including selling it. At Tidewater Properties, we can assist you with selling your inherited house.
No, there is absolutely no obligation if you request a cash offer or arrange a visit with us. We are more than happy to visit your house, answer any questions you may have, and provide you with a cash offer. You are free to accept or decline the offer as you see fit.
We make cash offers on all homes in our area, but we often focus on properties that may not be attractive to all buyers or are in poor condition. This includes houses with structural issues such as problems with the foundation, roof, plumbing, or electrical system. We also consider houses in flood zones, homes with environmental issues like mold, meth, or asbestos, houses with fire damage, properties that may not qualify for traditional financing, and homes with difficult memories for the homeowner such as death or divorce.
Yes, each situation is unique, and at Tidewater Properties, we work with homeowners individually to find solutions. If you are in pre-foreclosure, let's discuss your specific circumstances and create a plan to help you avoid foreclosure.
Yes, offers typically expire within four days from the date they are made. Home values can fluctuate based on market conditions and competition. However, at Tidewater Properties, we are happy to provide you with an updated offer. Simply click on the "Renew" button at the top of your expired offer. Please note that the renewed offer price may remain unchanged, be higher, or lower depending on the current market conditions. In rare cases, we may be unable to renew an offer.
Our team at Tidewater Properties strives to ensure that our initial offer is fair and reflects a competitive market price. However, if you believe that we may have missed something about your home that could affect the offer, we are open to hearing your feedback. Feel free to contact your Tidewater Properties representative, and we will gladly re-evaluate your property based on the provided information.
Inspection
Yes, Tidewater Properties conducts a free, on-site inspection of your home as part of our process. We believe in evaluating your home in person to accurately assess its condition and determine its specifications before moving forward.
The inspection of your home will be conducted by a Tidewater Properties team member or a licensed property inspector, or sometimes both. If needed, we may also involve licensed contractors with specialized expertise to provide additional insights. We will work with you to schedule and coordinate all property inspections.
During the inspection, we will need access to your entire home. Our team will provide you with a guide to help you prepare for the inspection and give you an overview of the key areas and aspects we evaluate during the inspection process. This comprehensive evaluation allows us to make an accurate assessment of your home's condition and specifications.
Pricing
As real estate investors, Tidewater Properties focuses on purchasing properties with the intention of renovating them and making a profit when they are sold. Therefore, our cash offer is based on the expected market value of your house after it has undergone a full renovation, taking into account the time and costs associated with the renovation. After assessing your house and considering various factors, our local agent will provide you with a fair, no-obligation cash offer.
Selling to Tidewater Properties eliminates the need for traditional real estate commissions, which can range from 4-7% of the sale price. Additionally, we do not require you to make any repairs to your home, saving you additional costs.
Tidewater Properties has developed a precise estimation process. Before making an offer, our franchisee in your market will evaluate several factors, including the current condition of your house, the estimated cost of repairs and renovations required, the projected time needed for renovations, the future market value of your renovated house compared to similar properties in the area, the anticipated real estate commissions upon selling the renovated house, and the expenses involved in maintaining the property until it is ready for sale. By considering these factors, we arrive at a cash offer that aligns with the post-renovation value of your house, taking into account the associated costs.
Accepting our Offer
To accept our offer, you need to sign the purchase agreement. Once Tidewater Properties, you (along with any other sellers involved) sign the agreement, we are officially under contract.
Tidewater Properties offers a convenient and streamlined process for signing documents. You can sign the purchase agreement online using one of our two electronic signature providers, DocuSign and HelloSign. This allows for a quick and hassle-free signing experience.
If you're unsure about the specific closing date, don't worry. You can select the closest date to your best estimate when signing the purchase agreement. Later on, when you have determined the final closing date, we will send you an addendum to adjust the closing date accordingly. This flexibility ensures that the closing aligns with your preferences and timeline.
About Closing
Closing will be a minimum of 15 days
We can accommodate a closing date up to 60 days from the contract signing. If you need to adjust the date as it approaches, let your Transaction Manager know for a contract addendum. For closing dates beyond 60 days, we may consider on a case-by-case basis.
When Tidewater Properties purchases a home, we use Collins & Collins Law Offices, PLLC. They ensure title is legitimate and then issues title insurance for the property. In addition, they maintain the escrow account for the transaction and handle the funds for the transaction, including the earnest money deposit from Tidewater Properties, payoffs to mortgage companies, HOA dues and any other transaction funds.
Yes, you have the flexibility to change your closing date even after you have entered into a contract with Tidewater Properties. We understand that circumstances can change, and we aim to accommodate your needs. You have a window of up to 60 days to close on the sale of your home to us, and we can work with you to adjust the closing date within this timeframe to align with your schedule.
As a general rule for cash purchases, we expect sellers to vacate the property prior to time of closing.
During the closing process, the title company or attorney's office handling the transaction will take care of paying off your mortgage. They will send the final payoff payment to your lender using the funds from the sale of your home. The remaining funds, after deducting closing costs, will be wired to your designated bank account.
The signing of the closing documents will be scheduled by the title company or attorney's office handling the transaction. Typically, the closing takes place at their office. However, if it's more convenient for you, you may request a mobile notary to come to you. The date of this signing is referred to as the closing date or close of escrow. On the closing date, the sale is recorded on public record, and the funds from the transaction are distributed accordingly. The specific timing of the signing may vary depending on the state you reside in and the time of day when you sign the documents.
About Moving
You must remove all personal belongings and trash from the property at least 24 hours before the closing date. The home should be in the same condition as when we entered into the contract, including landscaping and pool maintenance. Failure to do so may result in a delay in the closing process.
Typically, you can take your washer, dryer, and refrigerator with you. However, in some cases, Tidewater Properties may request that you include the refrigerator in the purchase agreement, even though it is not customary.
Yes, the free local move service is available in all markets where Tidewater Properties operates. However, additional moving services may vary by location. Please consult your Success Manager to learn about the specific services available in your state.
The free move service is applicable for homes within a 50-mile radius of the property Tidewater Properties is purchasing. The maximum home size is 2,800 square feet, and the weight limit for possessions is 13,000 pounds. If your home exceeds these limits, you will be responsible for any additional costs incurred. If your new home is outside the 50-mile radius, please contact your Closing Coordinator for further assistance. Complete details can be found on our website.
Please leave any built-in appliances, keys, remotes, and other items that belong to the home. This includes items such as dishwasher, microwave, stove, oven, refrigerator, window treatments, garage door openers, pool equipment, and more. A comprehensive list of items to leave can be found on our website.
List with Agent
Although we are licensed real estate agents, we believe acting as your listing agent may be a conflict of interest considering our cash offer and rennovation options. But don't stress, we'll connect you with the top agents in your area to maximize your selling price.
We understand that selling a property can be uncertain, and that's why we offer a unique backup offer. If your property doesn't sell on the market with the top realtor we refer you to, our backup offer still stands. This provides you with added peace of mind, knowing that you have an alternative option available to ensure a successful sale.
Our team carefully selects top realtors who specialize in your specific property type or situation. We have established relationships with trusted professionals who have a proven track record of success in the local market. This ensures that you are connected with an experienced real estate agent who can effectively market your property and maximize its potential.
By partnering with a top realtor, you gain access to their expertise, market knowledge, and extensive network of buyers. They will provide professional guidance throughout the selling process and help you navigate negotiations, ensuring you receive the best possible outcome. Our referral network consists of reputable agents who share our commitment to exceptional customer service.
Fix and List
How does Tidewater Properties determine the level of renovations needed for the fix and list option?
Tidewater Properties has a team of experienced professionals who thoroughly analyze your property and recommend the appropriate level of renovations. We consider factors such as the current condition of your house, market trends, and potential return on investment to provide you with strategic recommendations.
Not all renovations will necessarily result in a higher selling price. Tidewater Properties understands this and provides valuable guidance to ensure that your investment in renovations is targeted and yields the best possible returns. Our expertise helps you avoid unnecessary expenses and focus on improvements that will truly enhance your property's market value.
Our team of experts stays up-to-date with current market trends and buyer preferences. We assess your property's unique features and potential selling points to identify renovations that will have the highest impact on attracting buyers and increasing the selling price. Our recommendations are data-driven and tailored to your specific property and target market.
Yes, as part of the fix and list option, Tidewater Properties will cover the entire cost of the recommended renovations. We understand that upfront renovation expenses can be a burden, and our goal is to alleviate that stress by taking care of the financial aspect and managing the renovation process for you. Tidewater Properties would get paid for the project after your home sells.
By following our expert recommendations for renovations, you can showcase your property in its best light to potential buyers. Strategic renovations can significantly improve the overall aesthetics, functionality, and appeal of your house, making it more desirable in the market. This, in turn, increases the chances of attracting qualified buyers and obtaining a higher selling price.
Yes, we can still perform the rennovations. The only difference is payment would be made as the project progresses rather than at closing.