Meet the Tuckers Your Local Kansas City Metro Home Buyers who have a few questions you should ask every "cash home buyer".
Oct 31, 2022
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Your home. Your parent's home. It's more than a roof and four walls. It houses memories, and dreams and often represents accomplishments. It may also be your largest asset. And when it comes time to discuss packing up and leaving that home you want to know who you are trusting to help you.
Take a minute to get to know a little bit about the Tuckers -
Donald Tucker
Don Tucker is our founder who in 2000, quit his job and purchased his first investment property. Since that time he has purchased and renovated hundreds of area houses. There is not much that people might need to fix in a house that he has not seen. From the house that was missing a few walls, to the house where the upstairs toilet dripped on the dishwasher below, to the house with 20 dogs . . . he has seen and smelled just about everything.
Kim Tucker
In 2000, tired of long hours at her job, Don’s wife Kim Tucker quit her job and joined the team. Starting out just as the Realtor who sold our houses and helped us find houses to renovate. But after a few years, we noticed that we were able to have better outcomes when we could buy houses directly from the homeowners who needed our help. So now rather than chasing listed homes, Kim’s job is to get the word out to our customers. We let them know that we are here to help eliminate the stress, make the process much faster, and when we buy the property, eliminate the commissions.
Scott Tucker
In 2011 Don’s son Scott Tucker graduated from KU. Rather than hunt down a very elusive job he joined the team our brokerage Realty Resource. Today, Scott is our guy on the front lines who talks to most of our sellers and helps them explore the best options for them. Scott will chat with you over the phone, and do a bit of research. Then he will come out to your house to take a look so he can help formulate the best plan of action to get your house sold, typically a cash offer from us, but because we are also agents, that may be a listing plan as well.
The entire team holds a real estate license in Kansas or Missouri or both. We are first and foremost home buyers. We would much rather buy your house than list it. However, because we are also licensed as Realtors, we have more tools in our toolbox than the average home buyer and can bring you several more options when it comes to selling your house.
If you are considering selling your home or the home of a loved one to a cash home buyer in the Kansas City Metro or elsewhere there are several things you might want to know.
1. Are They Really Going to Buy Your House?
There are people out there who will call you, text you, send you tons of postcards, or perhaps just walk up and knock on your door. They say they want to buy your house, but only a fraction of people who say they buy houses actually do. Instead, they make an offer in an effort to tie the home up with a contract and then they market the house for sale to other buyers who have the cash in hopes that these other cash buyers will buy the house at your price, plus their mark up. This is called wholesaling or assigning the contract.
There is nothing wrong with this practice unless your person backs out at the last minute because he or she can't find an end buyer. So it's nice to know upfront if they are actually going to buy the house and if they are not, what is your out if they can't?
2. How are They Going to Pay for Your House?
Some do like we said in number one, pay for your house by finding someone else to buy it. Others may have cash in the bank, they might be pre-approved at a bank or they might have private partners.
We here at kcmoHomeBuyer have some cash in the bank and have purchased a lot of homes using our own funds. We also have several key partners that can fund our purchases. At any given time we have the ability to buy 3 to 5 houses in the Kansas City metro with our own and partner funds.
3. How Long Have They Been in Business
Now, we get it, everyone has to start somewhere. But do you want it to be with your house?
We've been in the business of buying houses since 2000. We have had access to our own cash and that of private partners since about 2007. So on the funding side of things we have you covered. We have also had to work through quite a few issues on the seller's side of the transaction that held things up - liens from people that could not be found, loans from mortgage companies that no longer existed, tax liens, HOA foreclosures, houses stuck in probate, and one house that was a popsicle waiting to thaw out due to frozen pipes. We have the experience and the experience of a really amazing team of advisors to help us through just about any issue that might cause a problem . . even a seller in China and a buyer in Peru.
4. Do they Have Other Options
You need to know other options.
Some of our sellers are depending on financial assistance and if they sell their home and get all the cash right now, they will lose the financial assistance. So you might want to get some cash upfront and get the rest in payments over time. We can do that.
Some of our sellers have almost perfect houses. It is either fairly new or recently renovated. It is highly desirable. And they don't live in the house, so there is no one there to bother with showings. We can list the house for these folks and even after paying us a commission for acting as a Realtor, often net you a better return.
Some of our sellers own rental property and might need some help locating property managers, attorneys and other resources, we can help you there. And Scott has perfected a listing process to list and sell occupied rental property to get the most out of the property, in the least amount of time without much disruption to the tenant.
Please feel free to reach out with questions. We would be happy to chat to see if we can find you a solution.
- To view the original version of this article visit www.kcmohomebuyer.com/about-the-tuckers-at-kcmohomebuyer/
- Seniors Blue Book was not involved in the creation of this content.
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