Ohana Legacy Properties, LLC

Frequently Asked Questions

Are you a Real Estate agent?
No, we are a real estate consulting & problem-solving company. There are many ways to help homeowners with their issues, using a Real Estate agent is one way. We work directly and quickly with homeowners to handle issues that do not fit the typical real estate transaction. Check out our COMPARE section on our website. We do have a network of recommended licensed agents if needed.
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 and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 4-6% of the sale price of your house. Agents provide a great service for those that can wait 45 days or more to sell and who do not mind giving up some of that sale price to pay for the commissions.

But that is where we’re different: We are professional home buyers. Our process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at Ohana Legacy Properties can purchase properties very quickly is that we use our own money, which means the sale is more secure and we can close faster than a traditional buyer.

How does the process work to sell my home?
Call us, schedule a call, or fill out the form. Within minutes we will contact you to get additional information about the property. We will schedule a property viewing and then make you a fair, no-obligation offer in as little as 24 hours. You choose the closing date, and we can close in as little as 10 days of accepting our offer.
How much will your services cost me?
Working with us at Ohana Legacy Properties costs you nothing. There are No fees, No commissions, and No sales pitch. No obligations. We will not ask you for any money. Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. If you decide to move forward with the deal, we will give you 100% cash for your house at closing. At Ohana Legacy Properties, we strive to make every aspect of selling your home easier. We are a real estate consulting and problem-solving company who work smart and hard to provide you with the best result and service possible!
How fast can I close?

Ohana Legacy Properties are easy to work with. We work within the customers’ timeline, and we can usually close as fast as 10 days.

What price?
We provide fair and fast offers. We look at (check out our SELLER section), we consider the buying cost, what you need from the deal and the cost of getting it to market value levels.
How do you determine the price to offer on my house?
We are 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 values of comparable houses sold in the area recently. Using our professional software and training, we take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
Why should I trust you with the sale of my home?
Ohana Legacy Properties is a local and family-owned business. This is how we put food on our table. Since 2019, we have helped many of clients with great results. Our family has always been taught the value of pride, ethics, integrity, and transparency; this is how we run our business. We work with local law firms and nationally recognized Title companies to review and complete our transactions.
What kind of houses do you buy?
Ohana Legacy Properties buys houses in any condition, in any price range, in any situation. Our objective is to give you options. The only way we can do that is to have a conversation with us.
What do you mean “any condition”, “price range”, “situation”?
If your house is in foreclosure or about to be, over-leveraged, condemned, has liens, not maintained, fire-damaged, inherited with too many repairs or just not wanted, WE WANT IT.
What Is an As-Is Home sale?
When a home is put up on sale as an as-is listing, it means it is being sold in its current state—no upgrades or improvements will be made by the seller. The home may have major repair needs or maybe it requires a style and décor update. If a home is sold as-is, then the buyer takes responsibility for repairs and modifications, including problems that may not be apparent at the time of sale.
Who will Handle the repairs?
It does not matter what condition your house is in; we can help you by making a fair cash offer on your home today. The costs involved in repairs, touch-ups, painting, and cleaning leave you drained and cost you thousands of dollars. Not to mention; extra mortgage payments and tax payments taking money away from your bottom line.

And all of this is before the house is even on the market! We buy houses on your terms AS-IS, without requesting any repairs. Take what you want with you and leave everything else behind. We handle the clean-up.

What does the Certified Probate Real Estate Specialist badge mean?

Ohana Legacy Properties is trained and certified in the Probate process and we are registered with the United States Probate Service (www.usprobateservices.org). We can work with Executors, Personal Representatives and Attorneys to help with options for the estate.

What do you mean by Cash Offer?
Our process does not involve getting pre-qualified by a mortgage bank to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team can purchase properties very quickly is because we use our own money, which means the sale is more secure and we can close faster than a traditional buyer.
Am I under any obligation to sell my home to you if I fill out your form?
No, you are under no obligation to sell your house to us. All we do is review the information, give you an offer/options and then you choose what you want to do.

Completely your choice.

Is my information kept confidential?
Yes. Not only Yes, but 100% Absolutely Yes. We pride ourselves in being honest, trustworthy, and transparent. We want your business. You are working with the right group!
What if I’m behind on payments, in foreclosure or bankruptcy? Are you still able to help?
Very possible, but time is critical. There are too many negative results from these situations such as ruining your credit for years, unable to move or be approved for a loan. also walking away with nothing in your pocket. We can and give you options. Problems just do not go away. Call us ASAP for a confidential consultation.
Will you be listing my house on the MLS or actually buying it?

Great question. We are not agents, and we don’t list houses. We are professional home buyers: We buy houses in the greater Houston area that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Can I Work With an Attorney?
Yes, you may! And if needed, we can communicate with your attorney directly to coordinate any closing or title issues. We want to make sure each client feels comfortable no matter what situation is going on.
Why sell to a house/home buying company?
Some sellers may opt to work with a company that buys houses because their home needs a lot of work before they could consider listing it. Maybe the roof should be replaced or repaired, the windows are in rough shape, or the entire place is a cosmetic eyesore.

Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. In addition, some sellers hate the idea of repeated showings. It raises their blood-pressure and they want an easy, fast solution. Many of these iBuyers will quote you a very high price for the house, then after an inspection they will revise that number lower and lower. We don’t do that. Our offer is solid.

Can I Sell My Home With A Tenant?
Yes. We are experienced dealing with bad or problem tenants. You have every legal right to sell your home with tenants. Every circumstance is different, and this will be taken into consideration when offering you a cash value.
What is the process of using an escrow entail?

An escrow is a term that refers to a neutral third party hired to handle the exchange of money, property transaction, and related documents. The escrow holds the money and documents in a trust until all terms and conditions of the sale are satisfied. When depositing earnest money, it is wise to use an escrow account.

How long will it take to sell my home?
Ohana Legacy Properties, LLC is committed to helping you accomplish this goal quick and easy. Our process eliminates all the traditional roadblocks that slow or stop a sale from happening. We pay cash so we can close fast!

You are under no obligation to sell your house to us. If our fair, fast and cash offer is the right option for you, we will open escrow and you can receive your cash in as little as 7 to 14 days, or on your timeline. It is that easy and stress-free to sell your house fast on your terms when you use our service.

Do you have a good team?
Ohana Legacy Properties has put together a strong support team to help us and our clients.

We spent our first year obtaining professional education with the nation’s premier real estate education company. This included hundreds of hours of video training, zoom coaching programs, live training workshops and multiple 5-day live bootcamps. Everything including Sales & Negotiations, Marketing, Acquisitions, Contracts, Financing, Rehabbing, Deal Analysis, Systems & Processes and more. This allows us to be networked with 20,000 other graduates.
Our Certified Probate Real Estate training was with the nations #1 Probate training school. This included multiple hours of training, video training and passing a certification test. Again, this allows us to be networked with thousands of other graduates.

Let’s not forget the experience of helping many owners.

Our team is also comprised of Texas licensed: Real Estate Attorneys, Real Estate Appraisers, a nationwide Title Company and a licensed and bonded General Contractor.

Yes, we have a very strong team… and getting better.

Do you pay fair prices for properties?
We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash for your house in its ‘As-Is’ condition. We are locally and family owned who seek to simplify the process of selling your house. We use our own funds to make our offers. We buy houses and we are ready to buy your house for cash today! Agents take way too long to list and sell your house and they charge you a 6% commission in the process. We are professional home buyers only interested in buying your house for cash, which will save you time, money and effort. We also allow you to close on a day that’s convenient for you. Our process is designed to give you full control of how you sell your home.
Are there any fees or commissions to work with you?

This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us.

Once we evaluate the property, we then present a written offer that is fair based on the condition of the house. If you decide to move forward with the deal, we’ll give you 100% cash for your house. At Ohana Legacy Properties, we strive to make every aspect of selling your home easier. We are a real estate consulting & problem-solving company who work hard and fast to provide you with the best result and service possible!

Does It Matter If I leave stuff behind?

Since we buy properties in as-is condition you can leave whatever items you do not want behind. So if you have odds & ends that you haven’t touched for the last 5 years and have no plans to, we will take care of it. In most cases we either donate or dispose of any unwanted or garbage items.

When is the best time to sell a home?

Early spring and summer, especially June, is a great time to sell a home. Research shows that home sales in May, June, July, and August account for 40% of total annual sales volume.

Overall, home sales are still pretty good through early fall, so it wouldn’t be a bad idea to sell a home during this period, either. However, home sales drop once winter hits. January is the worst time to sell a home, as market activity is much lower.

How many homes should I view before buying one?

That’s up to you! For sure, home shopping is easier today than ever before. The ability to search for homes online and see pictures, even before setting a foot outside the comfort of your living room, has completely changed the home buying game. Convenience is at an all-time high. But, nothing beats visiting a home to see how it looks and ‘feels’ in person.

Why is my home’s assessed value different from the market value?

Your home’s assessed value and market value are each determined by different factors. Buyers and sellers affect the market value of a home, while professional appraisers calculate the assessed value. In a seller’s market, your home’s market value may be higher than its assessed value. That’s because buyers are willing to pay more than the home is technically worth because of low inventory. In a buyer’s market, you’ll be facing a lot of competition from other sellers, so buyers may put in an offer lower than the home’s assessed value.

Can I back out of buying a house?

Yes, but you may lose earnest money (basically, a security deposit given to the seller upon signing a contract).

You can also face legal consequences if you back out of the agreement for a reason not outlined in the purchase agreement. This document outlines important details, such as repairs the seller is responsible for and contingencies of the real estate deal.

However, there are certain scenarios where breaking a purchase agreement is understandable. If you lose your job, can’t sell your current home, or can’t get approved for a mortgage, it’s best to wait until you reach financial stability before buying.

Other issues with the home, such as a failed home inspection, unrepaired problems, or difficulty with transferring the title, are also acceptable reasons to back out of an agreement.

Is there any obligation when I submit my info?
You are in no way obligated to take our offer if it does not align with your expectations. Once we provide you with a FAIR CASH OFFER for your house, the decision to accept or decline our offer is completely up to you. The best part of our process is that it’s absolutely FREE.

To find out more about our home buying program, please call us today: (832) 402-6181.

How Does One Determine the Value of a Property?
Various methods can be utilized to determine the value of a property. The most common practice is conducting a comparative market analysis. This is a powerful tool that investors rely on to evaluate and compare properties on the real estate market that are in the same area as the property they are investing in.

To find out more about this, please call us today: (832) 402-6181

What is a short sale?

As it is with the home buying process itself, it is essential you understand what a short sale is before getting yourself involved with it. A short sale is one in which a homeowner sells their house for a price that is less than the amount still owed on the mortgage. It can be regarded as a ‘distressed sale’ carried out when the current market value of a property is below the amount owed to a lender. The lender forgives the remaining balance of the loan.

The downside is that many short-sale properties are usually not in good condition. So, you must be patient and not in an immediate rush to move. Also, you can consider a foreclosure if it is still possible.

What is a foreclosure?

A foreclosure sometimes referred to as an REO, is a property that is owned by a lender.  If you’re considering the purchase of a foreclosure, it’s important to understand that most are sold “as-is.”  Foreclosures, if not purchased by an owner occupant, are often purchased by investors, fixed up, “flipped,” and sold to an owner occupant.

Do I have the option to have any inspections?

When buying a home, you have the option to perform several types of inspections. The purchase offer you write can be contingent upon a satisfactory home inspection, pest inspection, chimney inspection, radon test, and many other inspections. In most cases, it’s recommended that when buying a home, you at the bare minimum have a home inspection. There are home inspection findings that are more common than others, however, no two homes are the same so it’s a great idea to get the home inspected.

What is an earnest money deposit?

An earnest money deposit is also frequently referred to as a good faith deposit.  When a buyer purchases a home, they provide the seller’s real estate company a deposit to hold in their escrow account.  The primary purpose of this deposit is to show a seller you are serious about purchasing their home.  The amount that is deposited is subtracted from the final figure that a buyer pays at the closing table.  In most cases, the larger the deposit, the stronger a purchase offer looks to a seller.

I still have questions!
Call us at 832-402-6181. Or click below to schedule a time to talk to us. We have the answers.