Remove Closing Remove House Flipping Remove Renovation Remove Rent back
article thumbnail

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

HomeLight

iBuyers then allow the seller to close in as little as 10 days but can also provide longer move-out timelines for those who need the flexibility. House flippers typically buy homes for cash as-is at a sharply discounted rate, with the intent to make improvements and repairs and then resell the property at a profit.

article thumbnail

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. 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%). The home offer is guaranteed.