Could be you’ve noticed them. They are those signs that read through, ‘We Buy Houses‘, ‘Sell House Fast’ or even ‘Cash For Houses’ and a phone number. The signs are all over. You may have wondered why so many people are buying homes. Often times, the housing market is supposed to be bad, isn’t it?
Good, those “We Purchase Homes” people are real estate investors. We give cash for houses as investments. We buy dwellings below market value, do necessary repairs and then either peddle the house for a profit, or rent the house out. This provides a fantastic profit and/or passive income.
You may be wondering why people might want to sell their house below market value. Well, there are many situations that others find themselves in where they need to sell their house fast and some simply just sell this way for the convenience of it. Take for instance individuals that inherit a property that is far away from where they live. Many people as situation don’t know how or even want to deal with the property including a cash home buyer is an answer to their prayers. Other sorts of reasons include: people facing foreclosure that don’t prefer to lose all of their equity, tired landlords, divorcing couples, people today in bankruptcy and people that have houses that just need lots of repairs that normal home buyers are just too fearful to buy.
As investors, we buy houses cash plus accept the property ‘As-Is’. The ability to pay cash enables option traders to close on your schedule, within 3 days if necessary. You won’t have to worry about having dozens of complete strangers walk through your dwelling, possibly looking through your personal items. You don’t have to pay any sort of commissions. You won’t have to wait months for a qualified shopper to come along, just to find out they want you to make a heap of repairs before they will close.