How fast do some investors buy homes from homeowners? Very fast, actually – some investors will offer you cash upfront for your home within at least 24 hours from the time you contacted the investor. Such investor specialize in buying homes for cash and make a living doing so because there are actually people who want hard cash in their hands without the hassles of filling up paperwork and seeking legal and real estate advice from professionals. The types of homes that can be bought for cash may be your usual family-type home (such as bungalows and two-storey residences), or perhaps condominium units used by singles and young couples with no children, and even other types of real estate properties as well.

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Some people opt to sell their real estate properties because they are facing foreclosure on their mortgage. Such real estate properties have varying levels of home equity left in them – some have very little equity left, others have quite a lot of value in them because equity has been hardly touched. Even for the worst cases – where equity has almost been depleted – there are still investor who are willing buyers for the property. The investor who wants to help prevent complete foreclosure of the property of the homeowner will negotiate with the bank initiating the foreclosure to get better terms for the homeowner. The homeowner would then have the option of selling his home to the investor.

You would be surprised what types of houses and real estate properties fast cash offer investors will snatch up given the opportunity. Even pretty ugly houses that need a lot of work to spruce them up and make them attractive again get pretty good prices from these types of investors. When the investors firm gets its hands on your ugly property, they can transform it with the right amount invested into a thing of beauty again so that it will fetch a better price when re-sold.

Oh yes, that is how these investors make a living. They buy houses from homeowners, invest in their renovation and refurbishment, then turn and sell the same properties to other people at a profit. There is nothing wrong with this kind of business – it operates on the free enterprise system and nobody deludes anyone. People who need cash money immediately profit from selling their homes and real estate properties to the investors, while the investor has to assume the risk of having to invest in the home sold to him or them. It is just part of sound business to spruce up the property in the hands of the investor so that other people will become interested in buying that property – and that is how the investor makes a living.

Some investors also specialize in no credit checks when selling properties to potential buyers. Though this means additional risk for the investor (because a good credit history usually means the other party is a good risk), there are many people who do not qualify for good credit risk for various reasons. For example, a young couple who have just started out in their respective careers would have little to no credit history to speak of but that does not mean they are poor risks instantly. Rather, they just need a chance to build up an adequate credit history over time.

Maybe you’ve noticed them. They are those signs that read, ‘We Buy Houses’, ‘Sell House Fast’ or even ‘Cash For Houses’ and a phone number. The signs are everywhere. You may have wondered why so many people are buying homes. After all, the housing market is supposed to be bad, isn’t it?

Well, those “We Purchase Homes” people are real estate investors. We pay cash for houses as investments. We buy houses below market value, do necessary repairs and then either sell the house for a profit, or rent the house out. This provides a nice profit and/or passive income.

You may be wondering why people would want to sell their house below market value. Well, there are many situations that people find themselves in where they need to sell their house fast and some just sell this way for the convenience of it. Take for instance people that inherit a property that is far away from where they live. Many people in that situation don’t know how or even want to deal with the property and a cash home buyer is an answer to their prayers. Some other reasons include: people facing foreclosure that don’t want to lose all of their equity, tired landlords, divorcing couples, people in bankruptcy and people that have houses that just need so many repairs that normal home buyers are just too scared to buy.

As investors, we buy houses cash and accept the property ‘As-Is’. The ability to pay cash enables investors to close on your schedule, within 3 days if necessary. You don’t have to worry about having dozens of complete strangers walk through your house, possibly looking through your personal items. You don’t have to pay any commissions. You won’t have to wait months for a qualified buyer to come along, just to find out they want you to make a ton of repairs before they will close.

So as you can see, those We Buy Houses people really do offer a valuable service.

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