FAQs

How It Works

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Phone Call

1: Phone Call

The first step in the process is to simply get in touch with us so we can learn more about your current situation, the property and future goals, as well as obtain all necessary information such as rent roll and expenses. We will discuss how to structure the transaction to best meet your needs.

In-Person Consultation

2: IN-PERSON CONSULTATION or, PROPERTY WALK-THROUGH

The next step in the process is to schedule an in person consultation and a tour of your property. During step, we will review the details of your property and further refine our transaction agreement in order to best align your long term goals with the sale of your property. Whether you are looking for an immediate cash offer, or steady monthly payments, we want this sale to be a win-win deal for both parties.

Offer and Acceptance

3: OFFER AND ACCEPTANCE of Offer

We do our assessing of comparable properties, prior to our meeting. We take a variety of factors into consideration before submitting a cash offer for your property. Once we’ve assessed comparable properties, determined costs of repair, and had a thorough discussion on what your optimal outcome is, we will make you a no-obligation offer on your property. You can then determine whether or not you feel our offer is reasonable. Since we are looking to structure the ideal transaction for both parties, please do not hesitate to come back to us with a counteroffer, as we pride ourselves on collaboration and transparency.

Closing

4: FINAL Step: CLOSING

Our timeframe for closing is usually 30-60 days from offer to acceptance. Closing time can vary depending on each individual situation. The majority of our closures are all cash, which prevents lengthy waiting periods from mortgage lenders. Closings are conducted by a reputable title company as well as an attorney. We will supervise the process to ensure that all respective escrow accounts, lawyer representations, and transfer of title are completed in a safe and timely manner.

FAQ's

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ARE YOU GOING TO LIST MY PROPERTY OR BUY IT?

As we are not real-estate brokers, we are strategic investors who will personally structure a deal to purchase your property. The benefit of working with us is that we will help you identify the best possible solution suited to your financial needs whether it's a steady stream of income or a lump sum payment. We provide a wide-range of options instead of limiting our clients to one solution.

WHAT KINDS OF PROPERTIES DO YOU BUY?

We look at each property on a case-by-case basis driven by our primary goal of making sure both parties win! Our expertise and focus lies primarily with residential 1-4 families, multifamily

apartments and development sites. With that in mind, please do not hesitate to reach out to us at (516) 851-7364 or click here to fill out the form on the "Contact Us" section of our website if you are interested in learning more on how we can help you.

HOW LONG DOES IT TAKE FOR PREMIER PROPERTY GRP. TO MAKE ME AN OFFER?

Once we determine your optimal outcome and take a tour of the property, we can make a competitive offer within 1-2 business days. Fill out the "Contact Us" form and we can get started as soon as possible.

HOW LONG DOES IT TAKE TO CLOSE?

Every situation is unique and we will make all the necessary adjustments to close at a timeline that best suits your schedule. For an all-cash transaction, we can typically close within Two to Four weeks.

ARE THERE ANY FEES OR COSTS ASSOCIATED WITH SELLING MY PROPERTY?

There are no broker/agent related fees associated with selling your property. However, the seller will still be responsible for standard closing and admin costs as per industry standard. Since we are not financially motivated by agent fees or commissions, this puts us in a unique position to engineer the optimal solution for your personal financial needs.

MY HOUSE IS CURRENTLY LISTED WITH A REAL ESTATE AGENT. CAN YOU STILL BUY MY PROPERTY?

Yes, you'll likely need to pay your agent's commission, but we can certainly still purchase your property.

UNFORESEEN CIRCUMSTANCES AND THINGS TOOK A TURN FOR THE WORSE NOW I HAVE TO SELL MY HOUSE QUICKLY. HOW CAN YOU HELP?

When dealing with an emotionally charged situation where choices with major financial impacts will be made, the important thing is to keep calm and make a rational decision based on facts. By Choosing to work with PREMIER PROPERTY GRP., you will receive a free consultation in full confidentiality on all the various options available to you. We ensure that our clients are empowered to make a strong rational decision to solve your personal crisis.

MY PROPERTY ISN'T PROVIDING THE CASH FLOWS THAT I'M LOOKING FOR. HOW CAN YOU HELP?

Properties fail to live up to expectations for a variety of reasons - difficult tenants, unscrupulous contractors, and unforeseen circumstances which can all single-handedly derail entire properties and bring them into the red. What we offer is a second chance at the financial freedom you envisioned when you first purchased your building.

Our end goal is to illustrate all of the ways in which we can assist you, from engineering a structured solution that will turn your property into a passive, cash flowing investment, to providing immediate relief by purchasing your property in cash, and ultimately help you make an informed decision.

I'M BEHIND IN MY LOAN AND HEADED TOWARDS FORECLOSURE. HOW CAN YOU HELP?

It doesn't take much for a situation to spiral out of control. Properties that seem like sound investments can come with hidden issues. A single bad tenant could end up costing you tens of thousands of dollars. You could lose your job over an unfair corporate decision. We understand that a series of unfortunate events can plague any person, and the best way to get through it is to make the correct decisions going forward.

We regularly work with properties that are behind on payments, facing foreclosure, or experiencing various other forms of financial distress. As long as the foreclosure has not been finalized and your property still belongs to you and not the bank, we are more than happy to walk you through all of the options available to you so you can make the correct decision on your property and put the past behind you.

CAN YOU BUY MY HOUSE IF IT'S VACANT OR IN NEED OF MAJOR REPAIRS?

We fully understand how difficult it is to sell a problem property at a reasonable price. Most formal advice you receive from realtors or from online sources will recommend allocating funds towards necessary repairs in order to make the property look as attractive as possible prior to selling. While the advice is sound, not everyone has the energy or resources to perform or supervise a rehabilitation project, especially factoring in the fact the time spent could net higher returns elsewhere.

Whether your property is owner occupied, renter occupied, or vacant, we purchase homes in any condition and will not hesitate to make a competitive offer for your property.

I'VE INHERITED A PROPERTY THAT I DON'T HAVE THE TIME TO MANAGE. HOW CAN YOU HELP?

Not everyone has the time or the desire to own a property and deal with the burdens of property management. Let us give you a comprehensive walk-through of your options and help you make the best decision so that your property either turns into a passive and profitable investment or a large sum of cash.

I KNOW SOMEONE ELSE WHO IS LOOKING TO SELL. ARE YOU INTERESTED?

Thank you for your kind referral. We are grateful that you have decided to recommend us to someone else. We would be thrilled to deliver the same level of personalized advice and customized options to the person you referred and are more than happy to compensate you with a flat fee of $5,000 upon a successful close from your referral.