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I am looking to sell this property due to health problems. It is a property that we inherited and aside from my health, I am tired of managing it and dealing with its problem tenants. The property is completely paid off but has acquired some debts. In all honesty, I just want to be rid of it which means not having anything to do with it ASAP, and to pay off the debts that we have acquired as a result of its ownership.

2 Thoughts on We Buy Homes – What is your experience with these types of investors?
  1. Reply
    acermill
    June 10, 2011 at 12:48 am

    You will get a very quick sale with such folks, but you will be paid about 60% of what you could get if you sold it conventionally on the open market. That’s how they make their profits. They buy FAR below market value from desperate sellers and then THEY turn around and sell at market value. It’s your choice.

  2. Reply
    wizjp
    June 10, 2011 at 12:53 am

    Mostly looking to take advantage of people for a quick buck in exchange for a fast sale.

    If it’s worth losing a few grand or 10, then go with it,.

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