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Troubled Flippers Sell their Houses to Dependable Homebuyers Baltimore
We Buy Houses company Dependable Homebuyers based in Baltimore has announced it is buying properties from flippers. It is inviting all flippers who have properties in varying phases of development or restoration for an outright sale. Flippers do not have to complete the refurbishment if they do not want to. There are instances when flippers cannot complete a project due to some reason or the other. The new proposition from Dependable Homebuyers can be a breather for such flippers who do not have any other option but to have their asset turn into a liability in due course of time.
The Baltimore real estate industry remains buoyant and this year is poised to witness better growth than the last two. Yet, there are cases where advertent or inadvertent errors lead to bad investments. Many flippers miscalculate the expenses or have a conservative estimate pertaining to the cost of completely transforming a property. Repairs, renovations and improvements are costly exercises and there may be a few surprises along the way. Some flippers manage such surprises as they proactively account for unforeseen scenarios. Not all flippers have a lot of cash to spare and some have stringent budgets. Those who work in strict circumstances can ... more

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