Q&A: Does anyone know of any investment companies that buy townhomes?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 01-06-2010-05-2008

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Question by Whipper Snapper!: Does anyone know of any investment companies that buy townhomes?
Since now is such a great time to buy, my wife and I want to upgrade to a single family home but since the market is so poor for sellers, we know our house may be on the market for awhile. We are in no danger of foreclosing or anything but we just want to get a bigger house.

Is there such a company that would buy a townhome that maybe rents them or something.

Any ideas would be greatly appreciated.

Oh, I did try those companies that will “buy your house fast”, but they really low balled me so that isn’t the way to go.

(Its a great looking house, near a river and next to a golf course outside of Washington D.C. by the way.)

Best answer:

Answer by godged
Any investor will low ball you on this, that is how they make their money. They typically pay about half of real market value.

You would be better off offering it for sale through a Realtor. Ask the Realtor where to price it to sell, any home will sell if the price is right.

Know better? Leave your own answer in the comments!

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