Frequently Asked Questions

We've listed the most commonly asked questions below. If you have any questions, please feel free to contact us

What types of property do you buy?
At Penn House we purchase all types of houses. Big or small homes, row homes, town homes, and condos. Whether it's a fixer upper, tear down, in need of massive amounts of repair, damaged by fire or rain. Even problem tenants or squatters. We can help you out of foreclosures as well. We have the experience and resources to buy any type of home. We'll offer you a competitive offer and make a difficult process very easy.

Who pays closing costs?
We pay ALL closing costs. You don't need to bring any money to the table at closing. We don't have hidden fees or commissions that are associated when you sell your house the traditional way. You'll walk away with a check worth the value of the offer we extend on your house.

What condition does the house need to be in?
We'll purchase the property in any shape or condition. We've seen it all so no need to be embarrassed if your property is not in great shape. We'll buy your house even if it needs a huge amount of repairs.

Can you buy my house even if I'm in foreclosure?
Yes! Not only can we buy it, but we can offer some helpful tips on how you can avoid damaging your credit. Get more information about stopping foreclosure by calling us directly at 717-584-8622

Are you a realtor? Do I have to pay a Commission?
We are not realtors. We are local real estate investment company. We don't charge any hidden fees or commissions. You can learn more about how we work.

What if we own more on our house than what it's worth?
If you are upside down on your mortgage, we can help. We have a system to help you though a short sale process.

urWe always give sellers the highest offer possible for their property while still having the purchase make sense for an investment property. We understand the offer needs to be a mutually beneficial situation. Nine times out of ten, sells will net MORE MONEY than selling with a realtor. Give us a call to chat more about this.
717-584-8622.  Or sign up here to get a cash offer on your home.

Am I obligated to accept your offer once you make it?
No. We do not charge for our services and you are in no way legally, or in any other way, obligated to accept the offer.

How long does it take for you to buy a property?
We typically close the transaction in 14 - 30 business days. However, we can can move quicker if we need to--as fast as 7 days.

What title company do you use?
Clymer, Musser & Sarno, P.C.
408 W Chestnut St, Lancaster, PA 17603

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