NorthPeak Property Solutions

Frequently Asked Questions

How quickly can you purchase my home?

NorthPeak Property Solutions has the ability to purchase your home in less than 7 days. We have the ability to close on the seller’s timeline, whether that is a week out or 1 year out. We have the ability to lease back the property to the homeowner until they are able to find suitable housing.

What is the process?

The process is simple. Either call us or fill out our online property information form and you and we will reach back out to you in less than 72 hours. We have a brief conversation discussing your personal situation and additional details about your home. We then schedule a day and time to come see your home, discuss your options, and determine the best course of action going forward.

What if I think I could get a better offer by putting my home on the market?

The process is simple. Either call us or fill out our online property information form and you and we will reach back out to you in less than 72 hours. We have a brief conversation discussing your personal situation and additional details about your home. We then schedule a day and time to come see your home, discuss your options, and determine the best course of action going forward.

If I choose to take the cash offer, do I need to make any repairs at all or dispose of any unwanted furniture or personal items?

No, you do not. Buying the home “As Is” means you do not have to fix or repair anything in the house. We will also dispose of any furniture or personal items you would like to leave behind. Additionally, we will also coordinate and pay for any moving expenses for items you do choose to take with you.

What are the benefits of an as is cash sale?

No commissions to real estate agents, no inspections, no repairs, as well as the ability to close on your timeline, whether that is a week or a year out.

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?

NorthPeak Property Solutions is committed to helping you accomplish this goal quickly and easily. Our process eliminates all the traditional roadblocks that slow or stop a sale from happening. We pay cash and close fast!

You are under no obligation to sell your house to us. If our 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.

What does a real estate investment company do?

A real estate investment company refers to a business that focuses the majority of its efforts and capital on real estate. In search of profits, real estate investment companies may choose to buy, renovate, sell, or finance properties.

Who will handle the repairs?

It doesn’t 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.

Do you have a good team?

We have been working with homeowners in New Hampshire and Massachusetts to either purchase or sell their homes. We recognize that every situation is different for sellers, and we pride ourselves on providing several options and collectively finding the best solution that fits the seller’s situation.

Since 2004, Chris Cormier, the owner of NorthPeak Property Solutions, has acted as a buyer or agent to help hundreds of homeowners with a variety of real estate problems. NorthPeak Property Solutions will provide direct, hassle-free, one on one service and will work with you from the initial conversation openly and honestly all the way to the closing table.

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

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in New Hampshire 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.

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 local investors 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 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.

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

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 values of comparable houses sold in the area recently. As you know, house 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 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 NorthPeak Property Solutions, we strive to make every aspect of selling your home easier. We are real estate investors who work hard and fast to provide you with the best result and service possible!

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 take 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 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 are professional cash 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 NorthPeak Property Solutions is able to 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 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.

Are real estate commissions negotiable?

You can definitely negotiate your realtor’s fees. They’re typically 6%, with 3% of that going to the buyer’s agent and 3% going to your agent. Some agents may be willing to work for less, especially if you use a discount broker or agent-matching service like NorthPeak Property Solutions. You can also try to negotiate fees on your own, though the realtor may reduce the number of services they provide. The same goes for using a discount broker. Some offer cheaper rates because they’re providing you with less help along the way. They may even charge you with a fee-for-service structure. This can work in your favor if you have experience in selling, but need just a little help with the paperwork.

To get cheaper commissions without sacrificing service, an agent-matching service like NorthPeak Property Solutions is ideal.

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 can a real estate agent help me sell a home?

A real estate agent has an in-depth knowledge of the area and how your home compares to others on the market. They’ll have a good idea of how much you can get for your home and ways you can improve its value. When it’s time to list, they’ll make sure your home’s priced just right, helping to maximize your offers and sell your home faster. They’ll also take care of all the paperwork, market your home, and coordinate open houses. Real estate agents aren’t just helpful during the listing process, though. They offer a network of professionals throughout the entire selling journey. You’ll have connections for everyone you need, whether that’s a closing agent or quality listing photographer.

What Is an As-Is Home sale?

When a home is put up on sale as an as-is listing, it means it’s 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.

Can I Work With an Attorney?

Yes you may! And if it is easiest 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.

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.

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.

Is there any obligation when I submit my info?

You are in no way obligated to take our cash offer if it does not align with your expectations. Once we provide you 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: (603) 617-4200

How Can I Maximize My Investment Property Profits?

Market conditions play a significant role in contributing to your property value. Despite this, there are several key factors that investors should take into consideration to boost their potential property profits. Among these are: setting competitive prices to make your property stand out, screening potential tenants that fit your values, maintaining your property, and providing additional service fees. By implementing these factors into your investment strategy, they will influence the profitability of your property.

How Does One Determine the Value of an Investment Property?

Many new investors looking to buy an investment property tend to find themselves asking this very question. Fortunately, 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: (603) 617-4200

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.

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.

What will it cost to sell my home?

There is no selling cost when you sell your home to NorthPeak Property Solutions. Since we are investors buying the property directly, there are no real estate agent fees or commissions. We typically pay all the closing costs when you sell your home to us, what we pay is what you get in your pocket.

How do you buy houses?

We are real estate investors and make our money from flipping houses and holding rentals. We are always looking to buy houses that we can add value to. These houses are then fully renovated, held as either; rental properties sold on the MLS to homeowners or sold off in bulk to other investment firms and hedge funds. We won’t buy every house we look at, it will need to fit into our current strategy and be a mutually beneficial deal to you and to us.

When you buy my house, do you actually pay me cash?

When we say we pay cash we mean that our purchases are not conditional on traditional financing from the banks which allows us to close fast! Once you’ve accepted our offer and the deal is firm, you will receive funds in the form of a wire transfer or bank draft from your lawyer on closing day.

How do I sell my house quickly?

Working with a buyer like NorthPeak Property Solutions is the quickest way to sell your house compared to other selling methods, which rely on you sacrificing your time and energy. We can close in 14 days. You don’t have to list your home or make any repairs to it – we do all the heavy lifting. You can sell a house fast by working with one of the top real estate agents in your area, going the for-sale-by-owner route, selling your home at auction, or seeing if you qualify for a short sale. However, these methods require the right timing, and more energy from you, and they don’t happen as quickly as working with NorthPeak Property Solutions.

Do you buy houses from tired landlords?

Yes. NorthPeak Property Solutions is happy to help homeowners with rental properties sell their rental units. Our team understands the need to sell your properties, simply and quickly, no matter the situation. Being a landlord can be challenging, and if you’re ready to offload your property, we can help. NorthPeak Property Solutions makes homeowners cash offers for their house and a closing timeline that fits your schedule.

What do I need to do to prepare my house for sale to a cash-buying company like NorthPeak Property Solutions?
There’s no need to make any repairs or upgrades to your home before selling it to us. We will buy your home as-is, regardless of its condition. This means that you won’t have to spend any money on unnecessary repairs or renovations. Just make sure that your home is clean and tidy so that we can assess its value accurately.
Can I still live in my house while it's being sold?
Yes! You can continue to live in your home while it is being sold to NorthPeak Property Solutions. We understand that selling your home can be a stressful time, and we want to make the process as smooth and stress-free as possible for you. Once we have an agreement in place, we will take care of all the paperwork and details so that you can focus on your move.
Will I incur capital gains when I sell my house to NorthPeak PropertySolutions?
The answer to this question depends on many factors, including the purchase price of your home, the value of your home at the time of sale, and whether you have made any improvements to your home. Generally speaking, however, if you sell your home for more than you paid for it, you may be subject to capital gains taxes. However, many exemptions and deductions may apply in your situation, so we encourage you to speak with a tax professional to determine if you will owe any taxes on the sale of your home.
Do I need to use a real estate agent?
No, you are not required to use a real estate agent when selling your home to NorthPeak Property Solutions. Using a real estate agent can often be more expensive and time-consuming than selling directly to a cash buyer. We will work directly with you to assess the value of your home and negotiate a fair price. This way, you can avoid paying real estate agent commissions and fees, and you can sell your home on your timeline.
Can I negotiate the price of my home?
Yes, you can negotiate the price of your home with NorthPeak Property Solutions. We will make you a fair cash offer for your home, and then we will work with you to reach an agreement on the price. We are committed to getting you the best possible price for your home, and we will work with you to ensure that you are satisfied with the sale price.
I still have questions!

Contact us via phone at (603) 617-4200 or fill out our online property information form and we would be happy to further assist you!