Question 1

Is this a lowball offer?

Accepted Answer

It’s less than a fixed-up house would sell for, yeah. He’s paying for the work, the wait, and the risk. You get speed, and you don’t write a check. Play with the tool — if listing would net you more and you’ve got time, list it.

Question 2

What if the house is in really bad shape?

Accepted Answer

That’s actually better for him. Fire damage, foundation, hoarding, unfinished remodels, bad permits — Silverkey makes cash offers on those houses. You don’t clean. You don’t fix anything.

Question 3

What if there’s still a tenant in it?

Accepted Answer

Silverkey makes cash offers on occupied houses. Tell him about the lease and whether rent is current. He factors it in. You don’t have to evict first.

Question 4

What about liens, back taxes, or probate?

Accepted Answer

Pretty common. The title company usually pays most of it out of the sale at closing. Tell him early so the number doesn’t change later.

Question 5

Do I have to pay anything?

Accepted Answer

No commission, no listing fee, no closing costs, nothing for the offer, nothing if you say no. If someone asks you for money up front to “get an offer,” hang up.

Question 6

Are you going to assign my contract to someone else?

Accepted Answer

Sometimes, to an investor who fits the house better. If that’s on the table, it’s in the contract before you sign. You won’t find a new name in escrow as a surprise.

Question 7

Do you only buy in Redding?

Accepted Answer

Redding and Shasta County are home. He also buys out of town when the house fits. Send any address.

Question 8

Can I change my mind?

Accepted Answer

If the house is in foreclosure in California, you have five business days to cancel in writing. Sean puts that notice in the paperwork. Use the days.

Stuff people actually ask.

Got a question?

Still stuck? Just ask him.