Home investors primarily invests in property that can be flipped rather quickly by making some small cosmetic improvements (paint, carpet, etc.) Since they are in the business to make money, expect them to pay you below market rates for your home. Unless you're desperate and need to sell right away, it may not be the best way to go. Plus, they may not buy your home if they can't see a quick profit.
2007-06-15 02:42:24
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answer #1
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answered by TW 2
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I've never heard of a home investor service, an investor would just buy it and you could all move on with your lives.
There are some things you can do to move to the front of the pack in your area... have an appraisel done, and have it available for potential buyers so they know your price is fair.
Clean out all the clutter, nothing looks worse than someone else's crap when you're doing a showing. And I mean all of it, if you can't have a garage sale you didn't get rid of enough!
Spend a little money on landscaping so it looks nice as possible from the street.
Finally, have your realtor offer an extra 1/2 percent to the selling agent, that will induce other realtors to show your property more often and get it more traffic.
2007-06-15 02:42:30
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answer #2
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answered by Anonymous
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When that person said 80% of market value, what they mean is what the investor sees as the market value-not what you believe as market value.
So if you have your home priced at 200,000 and they believe it is only worth 180,000 then they will pay about 140,000.
The advantage is that they may close quick and you could move on. The big disadvantage is that if you made it show well and reduced the price to 180,000 you could get that extra several thousands yourself instead of them.
2007-06-15 03:09:36
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answer #3
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answered by glenn 7
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Investors will purchase your house, but be prepared to receive about 80% of its fair market value. These folks are out there looking for desperate sellers, and they're not about to offer you a decent price. Their business is to buy low, and then resell high.
2007-06-15 02:42:54
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answer #4
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answered by acermill 7
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Sit down and count up your absolute bottom line.
Offer it on Craigslist at the rock bottom price.
http://www.Craigslist.com
Forget about making big money if you just want to get out. Ya gotta leave a little on the table for the next guy.
HomeVestors.com will buy it but at a greatly reduced price.
Terry Smith
http://www.Welcome2Arizona.com
2007-06-16 06:33:03
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answer #5
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answered by Terry S 5
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home investers try to steal your home for a cheap price , reduce your price as i did on long island ny and it was sold in 1 day on craigslist.com with no real estate no real estate meant for me that i was able to sell for 30,000 cheaper , so the sale was quick ,,
2007-06-15 05:37:16
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answer #6
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answered by dalmi343 1
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