Frequently Asked Questions
General questions about our company, service, and properties we offer on this website:
Q: Why are the properties discounted so much on this site? Wouldn’t you just keep the best deals for yourself?
A: Here are Barrington we do a lot of direct to seller marketing. We are sending out tens of thousands of direct mail pieces every month, paid facebook ads, google marketing, and other forms of direct to seller marketing. From time time to time we will hold certain properties in our personal portfolio, or possibly buy one to fix up and re sell on the retail market. However, our PRIMARY strategy is to wholesale these contracts to buyers like you.
Q: Can I use bank financing to buy these properties?
A: We are ONLY working with buyers that are paying cash, and can close in 21 days or less. We prefer this cash to be “true cash.” Meaning it’s liquid, and sitting in a bank account that you have access to. However we also work with investors using private money from friends & family, and sometimes hard money, from local or institutionalized lenders. If you are using hard money, you will still need to close in 21 days or less.
Q: How are the properties on this site different from ones I’d find on the MLS?
A: Most properties you’ll find on our site are ones that you’ll never find on the MLS. The MLS is the “Multiple Listing Service” which is where real estate agents list properties for sale. We work directly with the homeowners because many times we’re able to help them solve their problem more quickly, and cheaper than listing it on the MLS.
Q: How do I make an offer on a property?
A: Simple. All we need from you is your price! PLEASE NOTE: If we verbally accept your offer price, we will send over the paperwork and earnest money instructions. A non-refundable earnest deposit is required within 24 hour (or less) of binding contract. Otherwise, said contract becomes null and void. We require that all closings occur with our designated closing attorney for each market. Finally, in each transaction, the buyer shall pay both sides of the closing costs. Consider all of this when making your offer.
Q: How often do you add new investment properties to the Buyers List?
A: We’re always sourcing new investment properties, and add new properties to this site on a continual basis. So, check back often as our properties tend to sell very very quickly. As a general rule, a new property comes out every week for each market.
Q: Do you charge any fees to buy or sell a home?
A: No. Our fees/profits are included in our asking price.