Q. Who is 1HOUSE.com?
A. 1House.com is a Limited Liability Company organized under the laws of New Hampshire. We are Real Estate Investors who have been involved in Real Estate for over 20 years and in New Hampshire since 1990..
1House.com is a member of the Better Business Bureau (BBB) of New Hampshire, and Bert Cox is President and founder of the New Hampshire Chapter for the Real Estate Investors Association (NHREIA); an organization dedicated to education and networking for Real Estate Investors. Bert Cox is also licensed as an auctioneer in New Hampshire (#4016) and Massachusetts (#2718).
Q. What types of property do you buy?
A. We buy all types of property:
Nice houses, Fixer uppers, Multi-family, Usable land, Condemned property, Apartments, Mixed use, and Condos/Townhouses
Obviously, since we are investors, there must be an opportunity for present or future profit.
Q. What does 1House do with the houses it buys?
A. We have many options, some of which are traditional and some that are unique. 1House renovates, rents, sells on a rent-to-own basis, auctions, sells with our revolutionary 9-day sale program, subdivides, sells with owner financing, or may hold for appreciation; it all depends on the particular property.
Q. What types of situations or problems has 1House assisted people with solving?
A. Often times, people find themselves with problems or difficult situations through no fault of their own. These situations may be created by job loss, relocation, pending foreclosure, bankruptcy, divorce, death of a relative, long distance rental, irrational tenants, medical or tuition bills, credit card debt, building a new home, kids, or any of life’s many other unexpected and unplanned surprises.
1House has helped many sellers to quickly rid themselves of a burden, put cash in their pocket, and get a fresh start. We have helped many homebuyers enjoy the benefits of home ownership, some of whom the bankers and real estate agents turned away.
Other examples include:
People who need or want to sell quickly. If 1House buys the property, it usually takes 7-14 days.
Problem properties
Houses needing repair
People who don't like real estate agents, their high commissions or endless interruptions for yet another showing.
Avoiding foreclosure
Fast Cash for relocation or emergency
Inherited houses or in an estate
Problem tenants
Managing a property from out-of state
Property awarded in divorce settlements
... and many more.
Q. How do sellers pocket twice the CASH by selling to 1House instead of using a Real Estate Agent?
A. 1House.com eliminates the middleman, the hidden costs of selling a home, and any unnecessary expenses involved in the sale of the house. In most instances, we pay our attorneys for most if not all of the closing costs. In addition, we can provide CASH to you in as little as 1-2 weeks eliminating expensive carrying costs. Let’s look at some of the typical costs involved when selling your home. Below is an example comparison (all numbers are for illustration purposes only and individual transactions will vary):
Asking Price:
$200,000
|
Selling using a realtor
|
Selling through 1House
|
|
Sales Price
|
$185,000
|
$160,000
|
|
Commission
|
$12,950
|
$0
|
|
NH Transfer Tax
|
$1,388
|
$1,388
|
|
Repairs required by home inspection
|
$6,200
|
n/a
|
Six months of home payments
(Four months to sell, 2 months to close)
|
$9,300
|
No need to wait!
|
|
Taxes, water, electric, fuel, prorations, title defects, and other closing costs
|
$4,500
|
$997
|
|
Peace of mind from closing quickly
|
NONE
|
PRICELESS
|
|
Mortgage
|
$150,000
|
$150,000
|
|
Net to seller
|
$3,438
|
$7,615
|
As you can see from this example, 1House paid less for the house, but still enabled the seller to take home over twice as much money as they would have selling with a real estate agent. Since every home, and each owner’s situation is different, this scenario may or may not apply to your situation.
We provide a FREE consultation to review your home’s value and your needs as a seller..
Q. Does 1House only buy distressed or neglected property?
A. No. Although we frequently renovate houses that need repairs or updating, many homes only need a fresh coat of paint. 1House will consider buying any house in any condition, good or bad.
Q. Does 1House build homes?
A. Yes, 1House is a VA approved builder.
Q. How else can 1House be contacted?
Please visit our contact page by clicking here
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