Companies that claim “We buy houses in Orange County” are investors who purchase properties in almost any condition for cash or check. Most people only know them by the signs they see along the roadways, but they are legitimate and provide many benefits to those who want to sell quickly or don’t want to wait for the money.
These house-flipping companies purchase your home as it is right
now; they don’t require you to make significant repairs or
renovations first because they plan to do the work themselves. These
companies have investors who visit each home to appraise it. They
don’t pay for an inspection and don’t require you to pay for one.
They just visit the house and take note of what issues they see, talk
you through it, and give you an offer.
It’s likely to be less than the market value, but all you have
to do is agree on the price they’re willing to pay, and you can
close much faster, usually within a few days or a week.
Many times, these companies are willing to buy the house from you
regardless of condition. It might have been in a fire, or it might
have a severe termite infestation. These entrepreneurs don’t care
because they’re willing to spend the money to fix the problem. That
way, they can put the house on the market later and get more for it.
They’re willing to do all the work and wait for a long time if
necessary before they find the right buyer.
If you’re looking to sell quickly, you don’t have that same
luxury. A real estate agent is going to take their time and make the
house look its best before even showing it or listing it, meaning it
can take weeks before it’s even on the market where potential
buyers can find it.
For more information visit us at John Medina Buys Houses.
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