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Own A Home Even With Bad Credit. Spitily.com
Own A Home Even With Bad Credit. Spitily.com
Own A Home Even With Bad Credit. Spitily.com
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The Dower Act is a law that prevents a spouse from selling or mortgaging their home without the other spouse’s written consent. A spouse has dower rights if he/she is married to the seller who is named on the title but is not personally named on the title. If your spouse has dower rights, they will be asked to sign the purchase and sale contract and an additional consent to acknowledge they are forgoing their dower rights to the property to allow for the sale. This is standard practice in real estate.
Within 48 hours of your initial call with Spitio, we’ll send you an email outlining all the details of our initial evaluation. Your Spitio Support Advisor will call give you a call to discuss the details, answer any questions and talk through the next steps.
Our fees vary from 6.5-10%, with the current average being 8%. Charging this fee enables us to take on the risk of reselling the home and to cover costs like repairs, cleaning, maintenance, utilities, insurance, and taxes while we’re holding the property. We also incur the costs that you would normally pay on your own like realtor commissions and staging costs, etc.
In a Spitio, the only condition is Spitio must approve the results of the third-party inspection. This must occur before a predetermined date called the condition date. The condition date will be set by Spitio before the date of closing and after a date that works for you for the home inspection to occur.
Of course! We’re happy to work with you if you’re represented by a real estate agent, and would be happy to communicate with them directly regarding your offer. Customers who are represented by a Realtor typically need to pay them a commission once the home is sold. Customers who sell to Properly directly and without a Realtor don’t need to pay any additional commission.
Inspection is necessary before any purchase because Spitio wants to make sure that our offer reflects all vital information of the home.
Once you accept the offer a free inspection by a licensed third party will be scheduled at your convenience.
Your home need not be vacated or empty, the inspectors just need to easy access to all the parts of the property. They will conduct a detailed inspection of the roof, foundation, plumbing, and electrical systems, and will note any items that need repair or replacement, or where they see evidence of mold or other problems.
Spitio believes that home selling should be simple and convenient. Just provide us with vital information about your home and we will provide an initial assessment in 48 hours. A licensed third party appraiser/ inspector will confirm initial valuation as to area, layout and home condition. If you accept our offer, we will purchase and close in days - your choice!
On the other hand traditional home sale requires:
Finding a realtor and preparing for a home sale, like cleaning, repairs and the like which usually takes weeks.
Listing in the market which requires you to move out for open houses and home shows which usually last for 1-3 months.
Negotiating with buyers on repairs and move-out date.
Waiting for a long closing date. Taking the whole process up to 4 months or more.
It's a rare case that Spitio sells above the quoted offer of the home unless significant repairs were done to increase the selling price.
That's why we have our Price Match Guarantee for full confidence of our customers - 75% refund of the difference will be received by the home seller if we sell more than your quoted offer.
This way you can rest easy knowing that you didn’t leave any money on the table when you sold to Spitio.
If you accept an offer from Spitio and the Price Match Guarantee is applicable, an agreement will be issued which will state the Price Match Guarantee amount.
When Spitio re-sells your home, we will verify whether or not you are owed any money under our Price Match Guarantee. If you are, we will get in touch with you within 7 days of the sale closing.
It’s completely up to you! We can close in as little as five days from when you accept our offer. If you need longer, that’s no problem. You can move out and close up to 45 days from when you accept our offer.