Frequently Asked Questions

We've prepared this page for your convenience. 
This page contains the 11 most common questions people ask us.  However, if you have a question that is not addressed on this page, please fill out the form on the right and one of our helpful associates will get back to you within 24 hours.  Thanks so much for visiting our site!

Just who the heck are you people?  Are you a Real Estate Brokerage?  Do you want to list my house on the MLS or something? 

Answer: We are a group of private individuals and investors who buy houses for purposes of developing our Real Estate Investment portfolio and helping to revitalize local communities.  We are NOT a Real Estate Brokerage.  REPEAT: We are NOT a Real Estate Brokerage.  We are
NOT interested in "listing" your house for a commission, representing you, or providing any agency services to you.  Rather, we simply want to buy your house for cash, close fast, and solve your Real Estate headache.  It's as simple as that folks. 

What if my house is listed with a Real Estate Brokerage - can you still help me? 

Answer: Absolutely! However, the only caveat is that your Real Estate Agent must be willing to work with us.  Since we are investors, we cannot pay a "retail" price for your home.  In order for us to buy it, we must pay a "wholesale" price.  We are investors; we do not live in the houses we buy.  We are a business.  Therefore, we cannot pay "retail" for a house that is intended to be re-sold (or re-marketed) for a profit.  Does this make sense? However, if your motivation to sell is strong, we should be able to do business together.  Truly, it all depends on you and, of course, the attitude of your Real Estate Agent towards Real Estate Investors. 

But I owe more on my house than it's worth!  I don't have any equity!  How can you buy my house without any equity?

Answer: Because we've developed a powerful and effective "Short Sale System" that's given us the ability to buy your house for less than what you owe.  If your house is "over leveraged", we can still buy your house through a "Short Sale" transaction.  You may have already heard of these "Short Sales" in the news, as they are very common in today's market.  In fact, more and more Sellers are using this technique to get their "over leveraged" houses sold fast without all the headaches of selling their house for what they owe, since what they "owe" is often times ABOVE the fair market value of their house.  Does this make sense?

What if the Bank has already set a Sheriff's Sale Foreclosure Date?  Will you still be able to buy my home through a Short Sale? 

Answer: Let us start by saying that we are NOT attorney's and we will not (and cannot) give any type of legal advice.

However, that being said, the answer is "Yes", we can still work with you.  The only caveat is the amount of TIME required to complete the transaction.  Why? Each state varies on the amount of time an owner has to sell their house prior to it being taken over by the Bank through a foreclosure.  Some states are "Lis Pendens" (Judicial) states, some states are "21 Day" (Non-Judicial) states, and some states use a combination of both types.

For example, if you live in Michigan, you live in a "21 Day" Non-Judicial foreclosure state (or "Power of Sale" state as it's sometimes called).  In this scenario, the 1st Mortgage Holder will foreclose on a house in 21-30 days (on average) after the official notice of the Sheriff's Sale foreclosure date in the legal newspapers.  This leaves any interested buyer a very short time period in which to attempt to buy your house.  Does this make sense?  However, by working with Alliance Home Solutions LLC, we can buy your house very quickly and, in most cases, make this shorter time period work for you. 

Of course, if you live in a "Lis Pendens" state, there is typically more time between the notice of foreclosure in the newspaper and the actual foreclosure sale date than in the "21 Day" states.  If you live a state that uses a combination approach, the number of days can vary dramatically.  Note: If you are unsure about which type of foreclosure state your house is located in, please check with your local state authorities to learn about the type of foreclosure process your state has enacted.

In the end, from our company's perspective, the only difference between the types of foreclosure process in each state is the amount of time we have to complete the transaction regarding your house.

So, please fill out our "Cash Offer" form regardless of the state you happen to live.  We will try to work with you regardless of the type of state in which your house is located.  However, just know that we cannot (and will not) guarantee anything, since we always proceed on a situation by situation basis.

I've heard in the news that these "avoid foreclosure" programs are a scam and a rip-off:
How are you different?  How do you help me "avoid foreclosure" in an ethical and legal manner?

Answer: This is not a "scam" (as some news reports have suggested). Most of the "scams" you've read about involve what is called a "Lease Back".  This is when an unscrupulous con artist approaches you and tells you that you can "keep your house"; or that they'll "save your house".  The con artist then takes over your position in the mortgage and "leases" the house "back" to you, letting you "rent" the house for a period of time - hence the term "Lease Back".  In the end, this con artist is only trying to "steal your house" and rob you of your equity.  Eventually, this person will evict you from the premises, thereby gaining a house for very little money.  We think this is a predatory and unethical practice.

In contrast, we help you to "avoid foreclosure" by completing a purchase transaction that will mitigate the foreclosure from happening in the first place.  In other words, when we buy your house prior to the foreclosure sale actually taking place, you get to avoid a nasty foreclosure blemish on your credit report.  This is very important, because a foreclosure blemish on your credit report seriously damages your credit for years and years to come, making it very difficult for you to get any type of loans and/or credit lines in the future.  We help you avoid a foreclosure proceeding by buying your home prior to the actual foreclosure sale on the courthouse steps. 

If I work with you to try to "avoid foreclosure", do I get to keep my house?

Answer: No - You will have to leave the house after we buy it, just as if you had sold the house to a member of the general public who is intending to live in the house.  What we mean by "avoid foreclosure" is that you avoid a foreclosure proceeding by selling your home to us prior to the actual foreclosure Sheriff's Sale on the courthouse steps. By doing this, you save your credit from a nasty blemish that lasts years and years into the future, hampering your ability to get future loans and/or lines of credit.  We think foreclosure is a credit disaster; something every person should "avoid", which is why we throw folks a life-line (so to speak) by buying their house prior to the foreclosure sale. 

Does working with you have any fees or costs involved for me?

Answer: No - We do not charge you anything when we buy your house. 

Do you sell my information to other companies?

Answer: No - We do not sell your information to anyone else.  Feel free to read our privacy policy statement.

On average, how long does it take for you to buy a house?

Answer: The average time table is roughly 10-14 days from the day all the paperwork is finalized.  We say "roughly" because there are many outside variables in a Real Estate transaction that we simply cannot control, especially if your house must be bought under the terms of a Short Sale. 

However, since we pay cash, our transactions happen much faster than if you used a Real Estate Broker/Agent (who will only "list" your house with no guarantee of actually selling it), or if tried to sell your house to a Traditional Home Buyer yourself, who is usually dependent upon conventional lender/bank financing, which can make entire transaction take longer than an all "cash sale".  Does this make sense?

How much are you going to pay for our house?

Answer: That is totally dependent upon a wide number of variables involving, for example, the financing that is currently on your home, the amount of rehabbing and/or refurbishing that the house requires, etc..  The best thing to do is simply fill out our form on the upper right and get the process going.  If you don't like our cash offer on your home, you don't have to accept it.  However, if we have a match, then we can easily take your headache house off your hands quite quickly. 

What are you going to do with my house?  What do you do with the houses you buy?

Answer: Since we are investors, your house will most likely simply end up as a new home for another family.  We usually rehabilitate and refurbish the house, and then do one of two things with it, either 1.) re-sell the house for a profit or 2.) rent the house out to another family for a monthly positive cash flow.  It's really as simple that.  No gimmicks and no scams; just honest housing solutions for people in need of a place to live. 

In the end, we are in business to make a fair and equitable profit in exchange for the high level of expertise and help we provide - just like any other business.  At the same time, we want to help communities revitalize their neighborhoods and help people get into affordable residential housing solutions.  We base our business on integrity, helpfulness to our community, and a positive attitude toward our fellow citizens.  We want our business to be "Win-Win-Win" for everyone involved.