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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. There are three primary types of cash buyers: iBuyers , buy-and-hold investors , and fix-and-flip investors. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.