Frequently Asked Questions

Maybe you have a few questions. That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you. We are always open to a discussion about what we do and how it can benefit you.

Q: Will you be listing my house on the MLS or actually buying it?

A:   Great question. We’re not agents, and we don’t list houses. Here at Jitu Investment Group, LLC, we are professional home buyers: We buy houses that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves. We pride ourselves on being transparent and if listing on the MLS is the best option, we will let you know.

Q: How are you different from a real estate agent?

A:Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 2-4 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 4 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $4,000 to $6,000 in commissions to an agent.

Agents provide a great service for those that can wait 2+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer

Looking for this to be broken down further? Here’s a comparison chart to give an overview:

*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similarly, afinancing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.

A: At our company, we strive to offer fair prices for the properties we purchase. While we aim to buy houses below market value, we do so in order to provide homeowners with a quick and hassle-free selling process. We understand that many sellers are not necessarily looking for a large windfall, but instead value the convenience of an immediate offer, a fast closing, and no need to invest time or money in repairs or agent fees.

If you are looking to sell your house quickly and appreciate the benefits of a seamless transaction, let’s work together to find a great price that satisfies both parties. It’s important to note that our pricing commitment is non-binding, so you are under no obligation to accept our offer. However, it’s always helpful to know what we can offer you!

Q: How do you determine the price to offer on my house?

A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.

Q: Are there any fees or commissions to work with you?

A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.

Q: Do I have any obligations when I submit my information?

A: Submitting your information carries no obligation on your part. After receiving details about your property, we will carefully evaluate the information and may request a call with you to gather additional details. Once our evaluation is complete, we will present you with a fair offer. However, the decision to sell your house to us remains entirely up to you. We value your autonomy and encourage you to select the option that best suits your needs and preferences.