Get an offer this week!

We like to be open and honest with our clients.  Because of that, we don’t want to sugar coat things and make it sound like working with an investor is best for everyone or that we’re able to help everyone.

So let’s go over one of our frequently asked questions:  What are the Pros and Cons of working with an investor?

Pros:

Here are the Pros in a nutshell:

  • Fast closing (as little as a few days)
  • Sell as-is (we’ll take care of repairs)
  • Get quick relief from payments (mortgage, taxes, insurance)
  • No fees

Cons:

While we love helping people, we have to be able to make a profit.  Some situations make that tough, so we’re not able to help everyone.  Depending on the numbers and your goals in the situation, the options may be limited.  For us to get involved, we have to either get a good price or good terms (we’ll explain what this means in a second).

First let’s look at price.  For us to be able to make a cash offer on your home, we may have to offer substantially less than its appraised value.  If this is the case, we certainly don’t mean to insult you, but we are taking on a large risk by buying your property.  We will be responsible for repairs, holding costs, marketing costs, and more.  And at the end of the day, this only makes sense if we can make a profit when we sell it.  For a cash offer to be feasible, we have to get a really good price on the property.  This option is only available if you have significant equity.

The other way we can buy a property is if we can get good terms on it.  In this scenario we can typically offer a higher purchase price.  What does that look like?

For example, let’s say you don’t have much equity on your home.  Rather than offering cash for your home it might make more sense for us to take over payments on your mortgage, taxes and insurance while we find a buyer for your property.  We sometimes work with buyers who don’t qualify for a mortgage today and need more time, but still need a place to live.  After pre-qualifying them and ensuring they are a high-quality potential buyer, we may put them into the home as a tenant until they can qualify for a mortgage.

In this scenario, we’re not dealing with a typical renter who doesn’t have anything invested.  We require our tenant buyers to put down a substantial down payment.  These are people who view themselves as owners and have every reason to take good care of the property, often even making improvements and repairs since their goal is ownership.  You get financial relief because we take over your payments until the property sells.

There may be other types of terms we would suggest based on the numbers and your goals with the property.  We don’t want you to agree to anything unless you are completely comfortable with the situation.

The Bottom Line

Some situations may not make sense for us to get involved, or you may decide it’s not a good fit for you.  You have to be willing to work with us on either price or terms.  We can’t help everyone.  We can only buy 5 – 10 houses per month, which means we have to turn some people down.

If both you and we can agree on a scenario that makes sense for both of us, you’ll benefit from quick financial relief, no fees, and no hassle.

We’d love to discuss your situation more and see if we can help.

Privacy Policy

Your privacy is very important to us. Accordingly, we have developed this Policy in order for you to understand how we collect, use, communicate and make use of personal information. The following outlines our Privacy Policy.

This privacy notice applies solely to information collected by this website. It will notify you of the following:

  1. What personally identifiable information is collected from you through the website, how it is used and with whom it may be shared.
  2. What choices are available to you regarding the use of your data.
  3. The security procedures in place to protect the misuse of your information.
  4. How you can correct any inaccuracies in the information.

Information Collection, Use, and Sharing
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you.  We will not sell or rent this information to anyone.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request.

Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information
You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the contact page or phone number given on our website:

  • See what data we have about you, if any.
  • Change/correct any data we have about you.
  • Have us delete any data we have about you.
  • Express any concern you have about our use of your data.

Security
We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a lock icon in the address bar and looking for “https” at the beginning of the address of the Web page.

While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via the contact form on our website.

Cookies
We use “cookies” on this site.  A cookie is a piece of data stored on a site visitor’s hard drive to help us improve your access to our site and identify repeat visitors to our site. For instance, when we use a cookie to identify you, you would not have to log in a password more than once, thereby saving time while on our site. Cookies can also enable us to track and target the interests of our users to enhance the experience on our site. Usage of a cookie is in no way linked to any personally identifiable information on our site.

Third-party disclosure

We do not sell, trade, or otherwise transfer to outside parties your Personally Identifiable Information unless we provide users with advance notice. This does not include website hosting partners and other parties who assist us in operating our website, conducting our business, or serving our users, so long as those parties agree to keep this information confidential. We may also release information when it’s release is appropriate to comply with the law, enforce our site policies, or protect ours or others’ rights, property or safety.

However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

Third-party links

Occasionally, at our discretion, we may include or offer third-party products or services on our website. These third-party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.

Google

Google’s advertising requirements can be summed up by Google’s Advertising Principles. They are put in place to provide a positive experience for users. https://support.google.com/adwordspolicy/answer/1316548?hl=en

We have not enabled Google AdSense on our site but we may do so in the future.

California Online Privacy Protection Act

CalOPPA is the first state law in the nation to require commercial websites and online services to post a privacy policy. The law’s reach stretches well beyond California to require any person or company in the United States (and conceivably the world) that operates websites collecting Personally Identifiable Information from California consumers to post a conspicuous privacy policy on its website stating exactly the information being collected and those individuals or companies with whom it is being shared. – See more at: http://consumercal.org/california-online-privacy-protection-act-caloppa/#sthash.0FdRbT51.dpuf

According to CalOPPA, we agree to the following:

Users can visit our site anonymously.

Once this privacy policy is created, we will add a link to it on our home page or as a minimum, on the first significant page after entering our website.

Our Privacy Policy link includes the word ‘Privacy’ and can easily be found on the page specified above.

You will be notified of any Privacy Policy changes:

• On our Privacy Policy Page

Can change your personal information:

• By emailing us

How does our site handle Do Not Track signals?

We honor Do Not Track signals and Do Not Track, plant cookies, or use advertising when a Do Not Track (DNT) browser mechanism is in place.

Does our site allow third-party behavioral tracking?

It’s also important to note that we allow third-party behavioral tracking

COPPA (Children Online Privacy Protection Act)

When it comes to the collection of personal information from children under the age of 13 years old, the Children’s Online Privacy Protection Act (COPPA) puts parents in control. The Federal Trade Commission, United States’ consumer protection agency, enforces the COPPA Rule, which spells out what operators of websites and online services must do to protect children’s privacy and safety online.

We do not specifically market to children under the age of 13 years old.

Fair Information Practices

The Fair Information Practices Principles form the backbone of privacy law in the United States and the concepts they include have played a significant role in the development of data protection laws around the globe. Understanding the Fair Information Practice Principles and how they should be implemented is critical to comply with the various privacy laws that protect personal information.

In order to be in line with Fair Information Practices we will take the following responsive action, should a data breach occur:

We will notify you via email within 7 business days.

We also agree to the Individual Redress Principle which requires that individuals have the right to legally pursue enforceable rights against data collectors and processors who fail to adhere to the law. This principle requires not only that individuals have enforceable rights against data users, but also that individuals have recourse to courts or government agencies to investigate and/or prosecute non-compliance by data processors.

About Us

We are Basic Asset Finders II, llc, real estate investors who specialize in providing solutions to real estate problems.

We help homeowners who need to sell their houses quickly by providing creative options that are not available using conventional means.

Because everyone’s situation is unique, we customize solutions for every client we have.

Basic Asset Finders II, llc