Back to Top Contributors
Alexandru Borovic

Answers by Alexandru Borovic

3 answers · 15 pts

When do I officially own my home?

Asked by Zephyr B | Boise, ID | 03-17-2026

Alexandru Borovic
Alexandru Borovic03-17-2026 (3 weeks ago)

very common during this stage. You don’t officially own the home until closing is completed and the deed is recorded. Being under contract gives you rights to purchase, but not possession or control yet. Regarding mail - you can’t force the current owners to accept or manage your mail. Until you close, it’s still legally their property. Best move here: • Set up USPS forwarding temporarily • Use a trusted address (family/friend) for now • Update everything once you officially close

Are those cash offer postcards in the mail legit?

Asked by Annabelle M | Flagstaff, AZ | 03-16-2026

Alexandru Borovic
Alexandru Borovic03-17-2026 (3 weeks ago)

Most of the times, you'll get a lowball offer that you probably won't even consider. Their "Cash" offer is in fact a hope that you'll agree to sell for a large difference betwent the real value and their price. The larger the better as that will be your profit. Best, just ask a rpoffesional to do a home-value assesment on your property and get his advice what it would take to sell, and seceond : to sell for more. More times than not, you'll sell more for more.

Alexandru Borovic
Alexandru Borovic03-17-2026 (3 weeks ago)

"We Buy Houses" postcards and flyers are a common sight in Chicago and Oak Park, and the short answer is: They are usually legitimate businesses, but they are rarely "market value" deals.