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. Unlike iBuyers and buy-and-hold investors, fix-and-flippers buy homes in poor condition for considerably less than market value. Once you sign their contract, the home sale proceeds on the company’s timeline.
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