FAQ's

Looking For Answer of Your Questions?

If you have a few questions, that’s quite alright, most people do. So here’s a quick list of some of the questions people tend to ask us… along with our answers to them. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.

A:  Great question.  New Diligence Development LLC is a professional Investments company: we buy property in (but not limited too) New Orleans, Baton Rouge and most surrounding parishes in Louisiana. From there we may repair the house and resell it to another homeowner or keep it as a rental for ourselves.

A:  Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a retail offer on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing, appraisals or inspections), and no time, effort, or expense is required on your part of fix up the property or pay agent commission fees. If that’s what you’re looking for and you see the value in getting your house sold fast and easy… let’s talk and see if we can agree on a FAIR win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

A:  Great question, and 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 (so we know what your house will sell for after we fix it 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.

A: 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. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and pay all related closing costs!). No hassle. No fees. Very smooth process. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand)

A: 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 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). 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’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

Have a Question?