General Questions
Who is Quelark?
Quelark is a real estate acquisitions company. We purchase homes directly from owners, handle everything from start to finish, and offer multiple purchase structures — cash, seller financing, Subject-To, lease options, wraps, novations, and short sales — so sellers have actual choices.
Where do you operate?
Quelark buys properties in most of the United States. Some deal types are restricted in certain states (e.g., specific disclosures in Texas, licensing in Illinois for wholesale). We confirm state-specific rules as part of every transaction.
Are you a real estate agent?
No. We’re a principal buyer, not an agent. That means we’re buying your property directly for our own account — not listing it on the MLS or brokering it to someone else (with the exception of our novation product, which we fully disclose).
How fast can you close?
Cash purchases: 7-14 days is typical. Creative finance: 14-30 days. Short sales: 60-120 days (timing controlled by your lender). We’ll always give you a realistic timeline upfront.
Offer & Pricing Questions
How do you calculate your offer?
See our detailed guide on How We Calculate Your Offer. Short version: we base cash offers on the 70% rule (70% of ARV minus repairs) and creative offers on cashflow or time-value economics.
Is the offer negotiable?
Yes. Our initial offer reflects what we know; if you have information that changes the math (recent upgrades, inaccurate public records, better comps), we’ll revise. We don’t play games — if our math says a higher price, we’ll pay a higher price.
What if the offer is too low?
Tell us. We’d rather do the deal at a higher price than lose it. And if cash doesn’t pencil, a creative structure often gets you to a number that works.
Process & Logistics
What does it cost me?
Nothing. No fees, no commissions, no closing costs on cash purchases in most states. The number you accept is the number you receive.
Do I need to make repairs?
No. We buy as-is — holes in walls, outdated kitchens, unfinished projects, whatever. The condition is already priced into the offer.
Do I need to clean?
No. Take what you want; leave the rest. We handle cleanout as part of our acquisition.
Can I stay in the house after closing?
Yes, in many cases. We offer “seller rent-back” arrangements where you can stay 30-90 days after closing to handle moving logistics. Some Subject-To and lease-option structures let you stay longer.
What if there are tenants?
We buy tenant-occupied properties regularly. We’ll handle notices, lease review, and coordination — you don’t need to get involved.
Legal & Safety Questions
Is this legal?
Yes. Every transaction structure we offer (cash, Subject-To, seller-finance, wrap, lease option, novation, short sale) is a long-established tool in U.S. real estate. Each closes through a licensed title company or attorney, with full disclosure and standard legal documentation.
Do I need my own attorney?
Some states require attorney involvement for real estate closings (e.g., NY, GA, SC, NC, MA). In others, it’s optional but recommended, especially for creative-finance transactions. Having your own attorney protects you — we always encourage it.
Who pays for attorneys and title?
Quelark covers its own attorney fees and typically covers seller-side title and recording fees. If you bring your own attorney, their fees are typically your responsibility unless we’ve agreed otherwise.
AI Assistant Questions
Am I talking to a real person?
If you’re on our website chat, you’re likely talking to Quelark AI first — powered by Google Gemini — which can answer questions 24/7. For anything involving a specific offer, decision, or negotiation, we hand off to a human team member. You can always type “talk to a person” and we’ll connect you right away.
Is my information safe?
Yes. We encrypt data in transit and at rest, store it on secure U.S.-based infrastructure, and never share with unauthorized parties. See our Privacy Policy for details.