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Frequently Asked Questions

FAQ's from Buyers

 
Q. How can MyOpenHouse.com help me buy a home?
 
A. MyOpenHouse.com approves you for the loan of YOUR Choice at the rate and terms you request. Once you are satisfied with your terms, you have a team dedicated to finding you the perfect home.Q. Does it cost me anything to buy a home on MyOpenHouse.com?
 

 
Q. Does it cost me anything to buy a home on MyOpenHouse.com?
 
A. MyOpenHouse.com is paid by the seller in most cases.
 

 
Q. Where do the homes come from that I find on MyOpenHouse.com?
 
A. MyOpenHouse.com finds thousands of homes daily from all the local MLS sources and blends them to local For Sale by Owners.
 

 
Q. Do I have to Have a Down Payment to buy a Home From MyOpenHouse.com?
 
A. Over 94% of homes sold on MyOpenHouse.com are sold with No Money Down.
 

 
Q. How Long Does it take to buy a home from MyOpenHouse.com?
 
A. Conventional Homes take approximately 30 days, and FHA loans can take up to 45 - 60 days.
 

 
Q. Do I have to Have good credit to buy a home?
 
A. No, we offer FHA products designed for those with credit problems down to a 620 credit score with only 3% down.
 

FAQ's from Sellers

 
Q. How can MyOpenHouse.com help me to sell my home?
 
A. MyOpenHouse.com provides For Sale By Owners with a superior and fully functional website that will usually attract twenty to ninety active registered buyers per month.
 

 
Q. How do I keep track of all the buyers that register on my site.
 
A. Your MyOpenHouse.com affiliate will issue you a username and password that will allow you access to your buyers information.
 

 
Q. Do I pay anything to use the MyOpenHouse.com service?
 
A. No, there is no fee involved to use the MyOpenHouse.com system.
 

 
Q. Why is the service free? How does MyOpenHouse.com get paid?
 
A. MyOpenHouse.com works with Lenders & Loan Officers that provide financing to all registered buyers. This allows more buyers to qualify for the purchase of your home.
 

 
Q. How do I choose who works with me during the sale of my home?
 
A. Use the MyOpenHouse.com agent search to research resumes of all the MyOpenHouse.com affiliate agents.
 

 
Q. How do I advertise my home once my website is setup.
 
A. The majority of MyOpenHouse.com buyers are generated by advertising in the local paper, yard signs, and other traditional forms of real estate marketing.
 

 
Q. What can I do if my home doesn't sell.
 
A. Contact your MyOpenHouse.com affiliate agent and ask about their Realtor commission discount program.
 

 
Q. How do I get started with the MyOpenHouse.com program.
 
A. It's Easy, just select the "Sell Your Home" button and register your information. A MyOpenHouse.com affiliate agent will contact you soon.
 
              
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