Common Questions to Ask a Cash Home Buyer Before You Sell

Selling your home is a big decision. We believe in clear answers and a simple process. Here’s what you can expect when working with Rex Buys KC, including how our offer works, who’s involved in the closing, what happens with existing mortgages or liens, and everything else sellers commonly ask.

Don’t see your question? Call Rex at 816-895-2999 or fill out our form and we’ll get back to you quickly with a cash offer in 24 to 48 hours.

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About Rex Buys KC

Who we are, how long we've been buying houses in Kansas City, and how to verify everything before you sign anything.

Are you buying my home directly, or assigning the contract to someone else?

We purchase homes directly and do not assign contracts. Rex Buys KC is a local Kansas City real estate investment firm, and when we make an offer on your house, we’re the ones buying it. You won’t find out at closing that a different investor is taking over the transaction.

Are you a wholesaler?

No. While wholesaling is common in real estate investing, we are focused on buying homes directly to provide a straightforward and transparent process for Kansas City sellers. When we sign a purchase agreement, we close on the purchase ourselves.

How long have you been buying homes in Kansas City?

We’ve purchased hundreds of homes in the Kansas City metro since 2014. That’s more than a decade of buying houses on both the Missouri and Kansas sides, through every market condition, and in every kind of situation a seller might be in.

Are you local to Kansas City?

Yes. Rex and his family moved to Kansas City in 2012 and live in the Northland. Our office is located downtown in the River Market, at 124 Missouri Ave. We’re real people with a real office, not an out-of-state investor fund.

Do you have reviews or references I can check?

Absolutely. We have over 100 Google reviews with a 4.9-star average rating and an A+ rating with the Better Business Bureau (accredited since 2021). We’re also happy to connect you directly with past Kansas City sellers upon request, so you can hear about their experience in their own words.

The Offer and the Contract

How we put together our cash offer, what's in the purchase agreement, and what you can expect between signing and closing.

Can you provide proof of funds before we sign anything?

Yes. We can provide a proof of funds letter upon request, showing the cash reserves that back our offer. This is a standard ask from savvy Kansas City sellers and we’re happy to provide it before you commit to anything in writing.

Will you provide an earnest money deposit?

Yes. Our earnest money deposit is typically 1% of the purchase price and is paid to the title company. In some cases, if we provide a cash advance to assist with moving expenses, that amount may replace the deposit. The deposit is usually made once the title search is complete and clear title can be transferred.

Is your cash offer firm, or can it change later?

Our offer is firm. When we put a price in writing, we stand behind it, and the number on your agreement is the number that hits your bank account at closing. After we sign, our team does a targeted inspection within about 5 days. The only narrow exceptions that could change the offer are if we discover major sewer line or septic system repairs that weren’t visible during the walkthrough, or if a structural or foundation issue turns out to be significantly more extensive than anticipated. If anything like that comes up, we’ll communicate with you immediately and work through it together, not spring it on you at the closing table.

Is the sale truly 'as-is'?

Yes. You are not required to make any repairs or improvements to the property before selling to Rex Buys KC. Leave outdated kitchens, damaged floors, unfinished projects, and anything else you don’t want to deal with. We buy the house in whatever condition it’s in.

Will multiple people need to visit the property after we sign a contract?

Yes, a few people will need to take a look, but only for necessary evaluations before closing. Typically our project manager and general contractor will stop by to prepare renovation estimates, a licensed professional will inspect the sewer line or septic system, and if there are any structural concerns a structural engineer may visit, possibly followed by a foundation specialist if repairs are recommended. We coordinate these visits around your schedule, not the other way around, and they’re all about helping us prepare for the renovations we’ll handle after closing. None of them affect your sale price unless they uncover one of the major issues described above.

The Closing and the Money

Where closing happens, what comes out of the sale proceeds, how fast you get paid, and what flexibility you have around the closing date.

Who handles the closing and how will I receive my funds?

We work with Clear Title Nationwide, our trusted local Kansas City title partner. Clear Title handles the title search, the transfer of ownership, the payoff of any existing mortgages, liens, or judgments, and the delivery of your funds at closing. Payment goes out the same day as closing, usually by wire transfer.

How much of the cash offer will I actually receive at closing?

We do not charge commissions or hidden fees, and we cover all standard closing costs at Clear Title Nationwide. The only things deducted from your offer amount are any existing mortgage balances, liens, or judgments on the property, and property taxes owed from January 1 of the current year through the closing date. If your Kansas City house is owned free and clear and your prior taxes are paid, you will receive the full cash offer minus current-year prorated taxes.

How quickly can you close?

We can close as quickly as needed, or on a timeline that works best for you. We’ve closed in as little as 7 days for Kansas City sellers facing foreclosure, and we’ve also scheduled closings 60 days out for sellers who needed more time to move. The average Rex Buys KC closing is 25 days from the first call.

Am I able to stay in the home after closing if I need more time?

Yes, post-closing occupancy is available on a case-by-case basis. Many Kansas City sellers ask for a short rent-back period (usually 7 to 30 days) so they have time to finish moving without rushing. We’ll work out the details with you before closing.

Do you offer cash advances for moving expenses?

Yes. Cash advances to help with moving expenses are available on a case-by-case basis, which can be especially helpful for Kansas City sellers who need to line up a new place before closing. In some cases a cash advance may replace the earnest money deposit.

Still Have Questions? Let's Talk.

If your question isn’t answered above, we’re happy to walk you through anything else. Call Rex directly at 816-895-2999 or fill out the form and we respond fast with a no-obligation cash offer in 24 to 48 hours.

CALL 816-895-2999

Get Your Free, No-Obligation, Cash Offer Today

Complete the form and receive your cash offer within 24-48 hours. No pressure, no fees, no obligation to accept.