FAQs

How did TORO get started?
What types of property does TORO buy?
What is the process to sell my property to TORO?
Will TORO buy my house, or try to assign it to someone else?
Will TORO try to buy my house “subject to” my existing mortgage, ask me to put my house in a trust, or ask me put them on the deed with me?
My parents are deceased and their house has items we don’t want.  How is this handled?
Help! An investor put our property under contract but then canceled two days before closing.
What sets TORO apart from someone with a sign on a telephone pole, a billboard, or a yard sign at a freeway exit?



Q.  How did TORO get started?

A.  At the age of 14, Tom Burns started helping his father renovate rental property. Less than 10 years later Tom bought his first property, and in 1998 he started his own real estate company.

Q.  What types of property does TORO buy?

A.  While our focus is primarily single family homes, TORO has extensive experience in purchasing condominiums, vacant lots, raw land, rental properties, and multi-family properties, having purchased over 500 apartment units. We are happy to discuss any properties you are interested in selling.

Q.  What is the process to sell my property to TORO?

A.  Call us on 404-449-3278, or fill out our online form, to schedule an appointment. We will conduct an exterior and interior inspection, and then discuss the property, the price, and your timeline to sell. Our attorney will handle all the paperwork and we can close based on your timeline. We have bought houses within 48 hours of signing a contract and up to six months after signing a contract; it all depends upon when you are ready to sell.

Q.  Will TORO buy my house, or try to assign it to someone else?

A.  TORO does not assign property (to “assign” means to sell your contract to someone else for a fee). Many investors will put a contract on your house and then bring strangers through your house, while you still own it, to try and sell them the contract they have with you. Under that scenario, you are at the will of someone you have never met. If the investor can’t find a buyer to assign their contract to, they just back out of the deal. Of the 200+ houses TORO has purchased, we have never assigned any of them. The way we see it, you called us to buy your house, not put a contract on it and then try to sell that contract to someone else.

Q.  Will TORO try to buy my house “subject to” my existing mortgage, ask me to put my house in a trust, or ask me put them on the deed with me?

A.  All of these are “creative financing” strategies taught at real estate seminars and on late night TV and used by investors with either a lack of experience or a lack of funds (or many times, both…). They tie up and control your property while you are still responsible for the mortgage, insurance, taxes, etc… They want to control your property with none of their own money, so if something goes wrong, they don’t lose anything. The TORO strategy is fairly basic: we sign a contract to buy your property, you show up at the closing, you get your money, we get the keys… If you have a loan, it is paid off. Your funds are wired immediately into your account at the closing. In addition, TORO handles transferring utilities, canceling insurance, all paperwork, and paying county taxes.

Q.  My parents are deceased and their house has items we don’t want. How is this handled?

A.  Nearly half the houses TORO purchases are estate situations. We are well versed in probate, letters testamentary, and other estate issues. Many times heirs will pick out items they would like to keep, but there may be items left over that need to be disposed of. This can be time consuming and expensive. With TORO, you can leave unwanted items in the property; we donate what we can, and handle disposing of the rest. This includes household cleaners, old paint, tires, etc….

Q.  Help! An investor put our property under contract but then canceled two days before closing.

A.  Of the 200+ houses TORO has purchased, we have closed on every one of them and have never backed out of a deal.

Q.  What sets TORO apart from someone with a sign on a telephone pole, a billboard, or a yard sign at a freeway exit?

A.  At TORO, we are not investors; we are professional homebuyers. Many “investors” have little experience, or funds in place, to draw on when dealing with you, hence their need for creative strategies to buy or control your house. At TORO, this is all we have done since Tom Burns left his office job more than 18 years ago. We are the go-to pros for a quick and hassle free home selling experience. We don’t assign or cancel contracts and often buy a property after others failed to follow through on their promises to a home seller. Trust the pros, trust TORO; more than 200 homeowners already have. Call us today, we’ll buy your house tomorrow….