Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons
HomeLight
JANUARY 28, 2022
We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. How do ‘we buy houses’ companies work? These investors purchase a house in poor condition “as is” for less than market value (generally between 50% to 70%). Cash buyers may have hidden fees.
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