Question 1

How do you calculate the offer on my house?

Accepted Answer

We start with what your house would be worth fully renovated, using real recent sales in your same area, not listing prices. From that we subtract the renovation cost, closing and holding costs, and our margin. We walk you through the number line by line. Nothing is hidden.

Question 2

Do you buy houses in any condition?

Accepted Answer

Yes. No doors, no bathrooms, leaking roof, stripped copper, half-finished construction. The worse the house looks to a bank, the more sense it makes for us. You don't have to clean or repair anything.

Question 3

What if the property is an inheritance?

Accepted Answer

Inherited property is the most common situation in Puerto Rico and we know how to handle it. Every heir on the deed has to sign. If the declaratoria de herederos or the Hacienda release is missing, we walk you through the process and work with your attorney or ours to get it done.

Question 4

What if I owe CRIM, water or power?

Accepted Answer

That doesn't stop the offer. We request a CRIM debt certification and the utility balances, and those amounts are paid out of the sale price at closing. You don't pay them up front.

Question 5

How long does closing take?

Accepted Answer

A cash closing in Puerto Rico normally takes 45 to 60 days, because the title study and certifications take time. If your situation is urgent, tell us and we adjust what's within our control.

Question 6

Do I pay an agent commission?

Accepted Answer

There's no agent commission and we cover our closing costs. The price we agree on is the price we start from at the closing table, minus any debt attached to the property.

Question 7

What if I don't like your offer?

Accepted Answer

Nothing happens. There's no obligation and we won't chase you. We leave the number in writing, valid for 7 days, and if you change your mind later you call us. We prefer a clear no to a forced sale.

Question 8

Do you work with real estate agents and other investors?

Accepted Answer

Yes. If you're an agent with a listing that won't finance, or a wholesaler with an assignable contract, send it over. We pay for properties we can operate.

Frequently asked questions