HomeLight

APRIL 15, 2022

The little “i” for “instant” is descriptive of the fast cash offers these operations are able to make on homes. If an iBuyer wants to purchase your home, they’ll offer you cash in as little as a few days and you know the deal won’t fall through due to a financing or appraisal contingency. iBuying vs. house flipping.

Title 84

Title House Flipping Title search Sales 84

HomeLight

JANUARY 4, 2022

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Who’s paying cash for houses? Reasons to sell your house for cash.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

MARCH 21, 2022

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Doug Van Soest , who owns a house flipping business in Southern California, purchases an average of 40 to 50 homes per year and says he typically aims for at least a 10% return on his investment.

Closing costs 95

Closing costs Home sale contingency Investor Closing 95

HomeLight

JANUARY 28, 2022

To get that return, they didn’t put much money into buying the home in the first place. Most people have seen a billboard or ad for one of the big wigs in the house flipping industry, We Buy Ugly Houses, owned by HomeVestors. According to their website, We Buy Ugly Houses buys homes regardless of their condition.

Purchase and sale agreement 108

Purchase and sale agreement Investor Agents Sales 108