FAQ

Q

Does Loft own all the properties listed on its website?

All of the properties on our site are owned by us or are under contract. Typically, we need to close on these deals fast so they will only be available for up to a week.

Q

Where does Loft acquire the properties? Are they foreclosures?

Some of our properties are foreclosures; however, we also acquire properties through long-term relationships we have established with banks, private citizens, tax authorities, real estate agents, and various other sources. We are not always at liberty to disclose our sources.

Q

I am interested in a property. How can I contact Loft?

You may call our office and speak with our staff about any listing you have questions about. Please remember we may not have viewed the home and are not able to answer all your questions. Give us a call or email us. Our contact information is listed in the “Contact Us” section.

Q

Can I personally visit the property?

You are welcome to visit the property. Please contact our office if you need to gain access to the interior. It is very important to us you are comfortable with the investment that you are making.

Q

I am interested in a property, how soon should I contact you?

IMMEDIATELY! Most of our houses sell very quickly due to the deeply discounted prices we offer. Contact us immediately if you are interested in any property we have listed. If you are already working with someone here at Loft Investment Properties, contact them directly; or email our main office and we will be happy to help you.

Q

Does the property have any liens?

We Don’t Know. All we know is the home is owned free of any “bank” liens. Any city utility bills (water/sewer) or delinquent taxes, or code violations, if they exist, are to be paid by the buyer. We bought this property as-is, with no disclosures, guarantees, survey, or inspections. We are selling the property at a deeply discounted manner in the same way. Please do your own due diligence!

Q

Will I be required to pay a deposit?

Yes. The average deposit required on each property is $2,000. We will try to disclose minimum deposit information in each listing. Please let us know if you need something different than what we have disclosed and we will evaluate your circumstance on a case-by-case basis.

Q

When is my balance due?

Your full payment is due when you close on your property.

Q

Are the utilities on?

We do not turn on the power, water or gas. However, if you are purchasing a property which already is tenant occupied, then the utilities should be on.

Q

Does Loft have any more photos of the property?

We have provided all available photos in our listing details.

Q

Does Loft provide financing?

We do provide Owner Financing on some of our properties.

Q

Why are the properties discounted? Why don't you keep the best deals for yourself?

You will find investment properties on this site discounted 20-50% because of our proprietary marketing systems that get in touch with home owners who need to sell their property quickly. Sometimes the property may be in foreclosure and we can help the owner by buying their house quickly for cash. Then, we pass the discount along to you.

Q

How are Loft's properties different from those in the MLS?

The “Multiple Listing Service” is where real estate agents list properties for sale. Most properties on our site are not in the MLS. We work directly with the homeowners because we are able to help them more quickly and at a lower cost than listing it with an agent.

Q

Can I use lender financing to buy these properties?

We prefer to work with people looking for investment properties who are paying cash and can close quickly. We will consider all offers if you are pre-approved with a lender and can close quickly. If you need financing to buy a property you see on our site, contact us today and we can connect you with lenders that we recommend and have worked with before.

Q

How do I make an offer on a Loft property?

Simple, contact us using the form below, send us an email or give us a call. We take offers first come first serve basis. Telephone tends to be the quickest way to contact us. Once you connect with us and you want to purchase the property, we will require an earnest deposit to secure your offer on that property. We will answer any of your questions so you feel 100% comfortable and confident in your decision.

Q

How often does Loft add new investment properties to the site and VIP Buyers List?

We are always sourcing new investment properties and add them to this site on a continual basis. Check back often as our properties sell very quickly.

Q

Does Loft charge any fees to buy or sell a home?

We do not charge homeowners any fees to help them find a solution. We purchase properties at a win-win price. When you buy an investment property from us, we buy the property at a steep discount, add on our property acquisition fee and you pay a still deeply discounted price. A win-win for all.

Q

Why is the property I purchased still showing as “available” on your website?

Properties will remain in the “for sale status” on our website until the property actually closes. This provides us with a “waiting list” in the unlikely event a property does not close with the original purchaser.

Q

Should I flip my property?

This is a matter of personal choice. Many of our clients fix and flip the properties they purchase from us. Others hold the properties as rentals while some purchase for their primary residence. The options completely up to you.

Q

Can Loft help me with the repairs? What about a good agent?

We have established relationships with professionals in many of the cities we sell properties. Please contact us and we will be happy to help you to the best of our ability.

Q

How can I find out what my property will be worth?

Each property is different depending on the location, square footage, and any repairs which may be required. We will be happy to refer you to a licensed real estate agent who can answer your questions.