Frequently Asked Questions
Have questions about selling your older Chicago home? That’s completely normal; most people do. Here’s a collection of common questions we receive, along with straightforward answers. If you need more information, please don’t hesitate to contact us anytime. Our bilingual team is ready to help you understand our no-surprise process, especially if you’re dealing with code violations or tight timelines.
Q: Will you be listing my house on the MLS or actually buying it?
A: Excellent question. We’re not real estate agents, and we don’t list properties. At CVG Properties LLC, we are professional home buyers specializing in older properties with unique challenges: We buy houses Chicago that meet our criteria, using our own cash so there’s no bank financing to fall through. After purchase, we may renovate the property for resale or maintain it as a rental in our portfolio, focusing particularly on homes with code violations or other issues that traditional buyers avoid.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and wait for buyers to appear. In today’s market, the average selling time is 4-6 months, and agents charge 3-6% commission on the final sale price. For a $100,000 home, you’d pay between $3,000 to $6,000 in commissions alone, not including other selling costs or repairs needed to make the property market-ready.
Agents provide valuable services for sellers who have time to wait and can afford to invest in repairs and commissions. But that’s where we differ. We’re not agents—we’re direct buyers with cash ready. As a Chicago-based investment firm, we can decide to purchase your house within days (sometimes even the same day), especially if you’re dealing with city code violations or other urgent situations. We take on all the risk by buying with our own funds, handling any necessary repairs, and managing the resale process ourselves.
Want a clearer comparison? Here’s a breakdown of the key differences:
| Selling w/ A Chicago Agent | SOLD To CVG Properties LLC | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: We typically purchase houses below market value, which allows us to invest in necessary repairs and still make a reasonable profit. Most of our clients aren’t looking for top dollar—they value our ability to close quickly with cash, handle existing code violations, and eliminate the stress of repairs or agent fees. Our bilingual team ensures clear communication throughout the process, so you’ll always know exactly what you’re getting. If you need to sell quickly and appreciate a transparent, no-surprise approach, let’s discuss a price that works for both of us. Remember, our offer comes with no obligation—you’re free to decline if it doesn’t meet your needs.
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: We believe in complete transparency. Our evaluation process is straightforward: we examine the property’s location, assess needed repairs (including any code violations), evaluate the current condition, and analyze the value of comparable properties recently sold in your neighborhood. With our experience in Chicago’s unique housing market and older properties, we factor in all these elements to present you with a fair, cash offer that works for both parties—with no surprises or hidden costs.
Q: Are there any fees or commissions to work with you?
A: This is one of the major benefits of working with CVG Properties LLC: there are NO fees or commissions when you sell directly to us, unlike traditional listings where up to 6% of your equity goes to agent commissions. We’ll make a straightforward offer and, if you accept, we’ll buy your house without any hidden charges. We even cover closing costs in most cases! We make our profit after renovating the property and either selling or renting it. Once we purchase the home, all responsibilities—including handling any city code violations—transfer to us, while you walk away with cash and peace of mind.
Q: Is there any obligation when I submit my information?
A: Absolutely zero obligation. After you share details about your property, our team (including bilingual staff if needed) will review the information, potentially schedule a call to learn more about your specific situation, and then present you with a fair, all-cash offer. From there, the decision is entirely yours—we respect your timeline and needs. Whether you’re facing foreclosure, dealing with probate issues, going through divorce, or just tired of managing a problematic rental with code violations, we’re here to help without any pressure.
Ready To See What We Can Offer For Your Older Chicago-Area Home With Code Violations?
Complete The Quick Form Below To Get A No-Hassle, No-Obligation, All-Cash Offer With Our Transparent, No-Surprise Process
Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer With Bilingual Support – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Chicago homeowners sell properties with code violations, inheritance issues, and other unique challenges for cash.
Get your FREE Guide and then give us a call at 312-625-6506. Our bilingual team would love to discuss what your home is worth and what we can offer through our Cash Offer Program—even if you’re dealing with city violations or other issues that traditional buyers avoid.