I know there are several companies that offer to "buy your house" and I was just wondering if anyone has used them, or if anyone has any first hand knowledge about them. Thanks :)
2007-11-05 10:20:53 · 4 answers · asked by j_mallock 1 in Business & Finance ➔ Renting & Real Estate
They will not pay market value. They force you into a short-sale.
2007-11-05 10:23:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
They buy your house at far below market value (usually 50% - 70% of real market value). With the reputable companies, it is a clean, quick sale. Then they fix the house up and sell it for market value.
2007-11-05 18:38:19 · answer #2 · answered by godged 7 · 0⤊ 0⤋
There are plenty of those "We Buy Ugly Houses" operations out there. They are for real, and they WILL buy your house......for about 70% of what you could get on the open market.
That's how they make their money. They buy CHEAP, and then resell.
2007-11-05 18:25:43 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
I think you pretty much got the skinny from the others!
2007-11-05 18:51:45 · answer #4 · answered by Alterfemego 7 · 0⤊ 1⤋