Frequently Asked Questions
Getting Started
Where does Platinum Dare LLC operate?
Platinum Dare LLC operates and buys properties in New Castle County DE and Chester County PA
Does Platinum Dare LLC charge any fees to sellers?
Unlike the traditional selling process, you pay zero commission fees to Platinum Dare LLC when you sell your property to us. A seller will be responsible for other fees typical to selling such as state transfer taxes, HOA fees or paying off the remainder of their mortgage or any other liens on property but no agent commission fees to pay.
Is Platinum Dare LLC an iBuyer?
No. Unlike iBuyers, we specialize in properties that need repairs and work in our local marketplace to pay cash as is sale option to Sellers who need smooth and convenient sale without hassles of traditional sale. While most iBuyers offer the convenience of selling without an agent, they typically won’t purchase properties that need a lot of work. In fact, many of our customers come to us after being rejected by an iBuyer, because their property requires too much work. We are a local company working to offer a win win solution to Sellers who don’t have time or effort involved in preparing properties to go on market and the hassles and time delays to get to closing.
How would you define a house that needs updates or repairs?
When we say “houses that need updates or repairs,” we typically mean:
- Houses that haven’t been remodeled in 10 or more years.
- Houses that require substantial repairs to the structure or major systems (roof, plumbing, electrical or foundation) that aren’t fully functional.
- Houses that contain materials that are not up to code or other distress.
These repairs may typically cost anywhere between $20,000 – $60,000 or more, depending on the condition and location. If you aren’t sure whether the property is a right fit for Platinum Dare LLC, you can give us a call and we can help assess the property.
What are the benefits of selling off-market with Platinum Dare LLC?
Many of the homeowners we help don’t want to or aren’t able to get their house market-ready due to the time and cost required. Many do not want to deal with stresses that come with paying for and conducting an appraisal, doing research on local market conditions, or they aren’t sure where to begin when drafting a construction budget to get their home to top of market condition. That is why sellers choose to sell off-market. Selling off-market with Platinum Dare LLC means no repairs, cleanings, or showings. You can close in as little as ten days or take up to 45 days.
Selling
How does the selling process work?
Step 1 – Tell us about your property
Fill out our form or speak with a Platinum Dare representative to find out if Platinum Dare LLC is a good fit for your property.
Step 2 – We come take a quick look at your property
We schedule an appointment to take a quick walk through of your property, no need to clean, organize or prepare ahead.
Step 3 – Review your offer within 48 hours
We’ll present our offer to you within 48 hours or less.
Step 4 – Sell as-is and move at your pace
Close in as little as 10 days or within 45 days. You decide what works best for you.
Offers
What terms do your offers come with?
Offers are non-contingent true cash offers in as-is condition. When we say as-is, it really means as-is. No cleanings, repairs, or updates required. The offer is the final amount you will get, minus any typical real estate transfer taxes, closing costs, mortgage and other liens you may owe on it. You don’t pay any fees or commissions to Platinum Dare LLC.
Does Platinum Dare LLC have to come visit the property in order to make an offer?
Yes, we need to visit the property once to take a quick walk through but no need to clean or straighten anything! We are as-is buyers so we want to make it easy and smooth process for you.
Closing
What if I have too much stuff I don’t want and can’t move do I have to pay someone to haul it away before closing?
NO. Unlike a traditional sale that typically requires the property to be cleaned out we buy as is meaning take what you want prior to closing, leave the rest behind and we will handle clean out. We want it to be as smooth and hassle free process as possible.