Frequently Asked Questions (FAQ)

You might have a few questions—don’t worry, that’s completely normal! We’ve put together a quick collection of frequently asked questions (FAQ) along with our answers to help you out. If you still have a question that isn’t covered on this page, feel free to contact us or give us a call, and we’ll be more than happy to assist you.

Will you be listing my home on the MLS or actually buying it?

Great question. We’re not agents, and we don’t list homes. We are professional home buyers: We buy homes in Chicago, Suburbs of Chicago, North Central and Central Illinois that meet our purchasing criteria. From there, we may repair the mobile home and resell to another mobile home owner or keep it as a rental ourselves.

Do you pay fair prices for properties?

Many of the homes we purchase are below market value (we do this so we can resell at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort, or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your mobile home sold fast…let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

How do you determine the price to offer on my home?

Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable homes sold in the area recently. As you know, home values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Are there any fees or commissions to work with you?

This is what makes us stand out from the traditional method of selling your mobile home: There are NO fees or commissions when you sell your mobile home to us. We’ll make you an offer, and if it’s a fit then we’ll buy your mobile home (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the mobile home (if any) and sell it for a profit (we’re taking all of the risks here on whether we can sell it for a profit or not, once we buy the mobile home from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).

How are you different from a real estate agent?

Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your home (so if it’s a $100,000 home, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys homes. We don’t list homes. Since we’re actually the ones buying the home from you, and we pay with all cash…we can make a decision to buy your home within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the home with our own cash, repair the home, and market it ourselves to find a buyer (which is the hard part in this market).

Is there any obligation when I submit my info?

There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your home to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

What types of properties do you buy?

At Heartland Funding Inc., we buy houses in any price range and condition. Whether it’s a well-maintained home or a property that needs extensive repairs, we’re interested. Our goal is to provide solutions for a wide range of property situations, including inherited homes, distressed properties, and those facing foreclosure or other challenges. If you’re unsure whether your property qualifies, reach out to us—we’re here to help!

Can I sell my house if it’s in probate or if I’m behind on taxes?

Yes, we can assist with properties in probate or those with outstanding taxes. We understand that dealing with a house in probate or behind on taxes can be stressful. Our team is experienced in navigating these situations and can offer solutions tailored to your specific circumstances.

How does the closing process work when selling to you?

The closing process with Heartland Funding Inc. is designed to be as straightforward and stress-free as possible. Once we agree on a price, we’ll set a closing date that works for you. We typically handle all the paperwork and cover any associated closing costs. Our team will guide you through each step, ensuring everything is completed efficiently and transparently. You’ll walk away with cash in hand and the burden of the property behind you.

[DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here to download your free guide →]

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Don and his team were great to work with! I would highly recommend working with his team on any real estate needs you have.

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