HomeLight

APRIL 15, 2022

They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. iBuying vs. house flipping. What does iBuyer stand for?

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Title House Flipping Title search Sales 84

HomeLight

NOVEMBER 10, 2021

By selling your house to one of the iBuyer companies, you can avoid many of these headaches. The term iBuyer refers to a group of high-tech house flipping businesses have grown rapidly in recent years since their introduction in the mid 2010s. Real estate brokerage Redfin, which lists homes for a 1.5%

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Home sale contingency Sales Closing Short sale 95

HomeLight

MARCH 21, 2022

House flippers are real estate investors that purchase properties at a discount with the intention of remodeling to add value, then resell those properties quickly for a profit. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout.

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Closing costs Home sale contingency Investor Closing 95

HomeLight

JANUARY 4, 2022

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. Who’s paying cash for houses? Buy-and-hold investors. House flippers. Source: (Michael Oxendine / Unsplash).

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Investor Finance Inspection Sales 98

HomeLight

JANUARY 28, 2022

“We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. There are three primary types of cash buyers: iBuyers , buy-and-hold investors , and fix-and-flip investors. Often, they look for homes that they can turn into rental properties.

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Purchase and sale agreement Investor Agents Sales 108