As previously mentioned, we at Maryland Homebuyers are not realtors. We are real estate investors. And as such, we expect to make a profit.  But we also expect to work hard to ensure that the home selling transaction is as quick and as painless as possible.

We want to earn your trust. And in that vain, we would like to share with you “what’s in it for us”,
from our point of view.
 

At Maryland Homebuyers, we take our business seriously. We have a network of vendors available to assist us from the time we evaluate your home to the time we sell your home to the next buyer, and every step in between.  It’s our intention to give your property a severe “face lift”.  We intend to restore your property to “like new” condition, making the property easier to sell and more attractive to buyers.  And with any luck, we can sell your property at a premium, passing on our “face lift” investments to the new buyer of your home.

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We’re not out to make a “quick buck” at your expense. There is considerable time involved
in running our business.  We have to pay for:

• Advertising. Although we appreciate “word of mouth”, most of our business comes
  as a direct result of our advertising efforts.

• Inspection fees. In some cases, especially with newer homes, a formal inspection by a
  licensed home inspector is not necessary.  But with older homes, we usually contract
  with a home inspector after a verbal agreement on selling price has been reached.

• Closing costs. As temporary home owners of your property, we will need to absorb
  various closing costs at settlement.

• Insurance. We hope to resell your property after a few months of purchasing it from
   you. But during that time, the property must carry full hazard and liability insurance.

• Repairs and upgrades. Unfortunately, “Bob Villa” does not work for us.  We rely on a
  number of outside vendors to replace carpets and flooring, to install new appliances, to
  repair roofs and sidings, to paint inside and outside, to address plumbing issues and to
  basically restore each home to “like new” condition.

• Real Estate commission. Regardless of whether we hire a realtor to re-sell your
  property or sell it ourselves, there is likely going to be a real estate commission paid to
  the buyer’s real estate agent.

• Utilities. Maryland Homebuyers is responsible for all utility bills between the date of
  purchase and the date of re-sale, including electricity, water and gas bills.

• Interest payments. Maryland Homebuyers has a line of credit that we draw upon to
  pay for the homes we purchase and the upgrade costs. Our line of credit, not unlike your
  mortgage, entails monthly interest payments that we must meet.

• Overhead. Like any business, we have considerable overhead—computers, office
  supplies, office space, postage, and insurance.  We even pay taxes to “Uncle Sam” and
  the State of Maryland!

• Our time. Considerable time is invested on behalf of Maryland Homebuyers to
  purchase, upgrade and re-sell your home. As a family-owned business, we have
  expenses just like you do and expect to make an hourly wage in return for services rendered.