Question 1

Do you actually buy my house?

Accepted Answer

Yes. Lockwood Home Buyers is a direct cash buyer — we make you the offer and we buy the house. There's no agent or middleman.

Question 2

Is there any cost to me as a seller?

Accepted Answer

No. No fees, no commissions. We cover standard closing costs in most transactions. We make our money on the resale, not on a charge to you.

Question 3

How fast can I actually get an offer?

Accepted Answer

Most sellers get a cash offer within 24 hours. Simple single-family houses can get an offer in hours; more complex ones (probate, heavy damage, vacant land) take a little longer.

Question 4

How fast can I close?

Accepted Answer

Typical closing is 14-21 days. The fastest closes happen in 7-10 days when title is clean — or we can close on whatever date works for you.

Question 5

What if I don't like the offer?

Accepted Answer

No obligation. You can decline, counter, or walk away. We don't pressure you and there are no fees either way.

Question 6

Will I get fair market value?

Accepted Answer

No — that's the honest answer. A cash offer is typically 65-80% of after-repair value minus repair cost, in exchange for speed, certainty, no commission, no showings, no repairs, no inspection negotiation. For move-in-ready property with no time pressure, listing with a realtor usually nets more on the headline price, and we'll tell you so.

Question 7

What kinds of property do you buy?

Accepted Answer

Single-family, condo, townhouse, multi-family, mobile homes, vacant land, occupied rentals, damaged property, and houses at any stage of probate or pre-foreclosure.

Question 8

How is this different from Opendoor or Zillow Offers?

Accepted Answer

iBuyers use a rigid pricing algorithm and tight condition criteria, and pass on houses that need work. We're people, not a formula — we buy in any condition, including the houses iBuyers won't touch.

Question 9

Where do you buy?

Accepted Answer

We buy in 102 US metros and are growing. If your city isn't on our list yet, submit anyway — we may still be able to buy.

Question 10

Do I need to be present at closing?

Accepted Answer

No. Remote signing via mobile notary is standard. Out-of-state owners are common.

Frequently asked questions