I was just wondering about all the signs that seem to be everywhere you look ... They are the ones that say we will buy your house for cash.. Or they can sell it in 7 days or less.. Or behind in payments.
Anyhow you know the ones.
I just spent some time filling out a form on one of though sites.. I wanted to see what they would offer me for my house. Would this be a fair price? Or would it be like some low ball offer?
Stay tuned I will let you know what comes of this.. Someone is going to call me within 48 hours.
I plugged in my address and type of home. A 3 bedroom ranch with finished basement.. 2.5 detached garage, pool, and many upgrades.
The form started out nice enough with asking this general info. then moved on to the hard questions.. Mortgage info such as amount owed on the property and monthly payment. Taxes, homeowner fees, and insurance. OK they would in interested in knowing this.
Then moved onto the killer questions .. How much do I think the homes is worth, am I behind in payments, Do I owe back taxes. OK I answers these...
Now comes the really crazy questions..
* would I accept less for the house if they bought it ? If so what amount?
* If I am behind in payments would I consider renting the house back from them?
* What repairs need done? Are you willing to pay a contractor to fix ?
* Is your house listed with a Realtor? If so when does it expire?
* If you are owed equity after the sale can will you accept monthly payments?
* If you want you can sign over the power of attorney to us and we can make your payments for you?
HOW IS THIS REALLY HELPING THE AVERAGE PERSON BEHIND IN THERE PAYMENTS?
OK stay tuned I will let you know what the offer on my home is and how it measures up to a cma done by me....
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