Does anybody have any experience with “We Buy Houses” type companies?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 03-02-2012-05-2008

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Question by StarDust: Does anybody have any experience with “We Buy Houses” type companies?
I am in desparate need to sell my house but don’t wanna try any thing stupid.

Best answer:

Answer by Pure Genius
BE VERY CAREFUL! some of those companies are not good.. i have not worked presonally with that company but i have heard that some of those are scams you get your money but still responsible for left of mortgage not good! honestly I would search online for a realtor… when i go to google and type in “cityname real estate” for my area this site comes up..

http://www.barryloomis.com/

As i looked through the site he appears to know his stuff especially the area, thats what you need is an agent that specializes in one main area.. my sugguestion would be to search online see what sites come up and start calling them and see what they say… you want to get most for your money.. good luck

What do you think? Answer below!

Q&A: what are the pros and cons of selling a house to one of those “we buy your house” companies?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 17-07-2011-05-2008

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Question by Mr 777: what are the pros and cons of selling a house to one of those “we buy your house” companies?
I have two houses and in need to sell one ….yesterday

Best answer:

Answer by youradvisor13
The obvious reason – you will sell at a huge discount. They will only buy homes that have equity in them – do you have 25-30% or more? If not, fuggedaboutit…..

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Why do companies put their own software on computers they sell when it slows them down so much?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 15-04-2011-05-2008

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Question by Sean M: Why do companies put their own software on computers they sell when it slows them down so much?
If you install just a clean version of Windows XP Home your computer will start up in like 10 seconds.

But every computer you buy these days (even IBM) is loaded down with crap that makes it take forever to start. My brother has a Sony VIAO and it is un-f’ing-believable. Like it can take upwards of 4-5 minutes to start up or shut down!

Not to mention that NO ONE one planet earth needs any of the garbage they put on. It’s all right there in the freaking Operating System.

So why do they do it? Isn’t bringing the computers you sell to a crawl a bad idea from a business perspective?

If I started my own company I would sell “fast” computers by just no tputting crap on them and pocketing the money I save on hardware. …don’t steal that idea. I’m going to trademark it.

Best answer:

Answer by lonely_n_bored
Hardware manufacturers are dearly paid by software vendors to do so.

Part of this money would be passed to the consumer in form of lower price of the hardware.

Know better? Leave your own answer in the comments!

I need to get rid of my home quick. Has anyone ever done business with one of those “We Buy Houses” companies?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 03-04-2011-05-2008

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Question by nursegoodbodyandmind: I need to get rid of my home quick. Has anyone ever done business with one of those “We Buy Houses” companies?

WE have good credit and the payments are up to date, if that matters.
I’m living in a different state than the house I want to sell. It has been on the market for almost a year. I want to purchase a new home in the state where I’m living. I’m paying the bills and putting savings in the bank. This isn’t a credit issue. This is a geography issue.
The home appraised for K over what I owe last year.
This isn’t a situation where I MUST get rid of it. I just want some of my equity back so I can get a home in the state where my hus is working.
If they low-ball me, I’ll walk away from the deal.

Best answer:

Answer by Alice
I would assume that you would be making a mistake going through an outfit like that.

Here are some particularly good tips:

• Don’t fall for promises like “We’ll save your credit”; “We’ll buy your house ‘as is’”; or “We’ll get you a new mortgage with low monthly payments.”

• Don’t sign away ownership of your property (sometimes called a “quit claim deed”) to anyone without the advice of lawyer you trust. “When people get behind on their loan payments, they get a bit desperate, but the answer is not putting someone else on your title,” says Oakland real-estate attorney James Hand.

• Beware of any home sale contract where you aren’t formally released from liability for your mortgage. Also, make sure you know what rights you’re giving up and that you agree to giving them up.
From http://realestate.msn.com/article.aspx?cp-documentid=13107743

Here is some additional info on scammers who use this approach:

http://www.housebuyernetwork.com/resources/advice/HowToAvoidWeBuyHousesScams.htm

Contact a real estate agent whose signs you have seen in your neighborhood and get their advice for a quick sale.

Give your answer to this question below!

Have you ever used on of those “We pay cash for your home” companies?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 12-01-2011-05-2008

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Question by tgfann: Have you ever used on of those “We pay cash for your home” companies?
We’ve been trying to sell our house for 7 months now. We’ve lowered the price 4 times. We’ve had several people look but as soon as they hear that we need flood insurance … they’re gone! (There’s a creek right alongside our house that comes in from the ocean, but it hasn’t flooded here in over 100 years)

Anyway, we really want to get out of here and we’re considering one of those “We pay cash for your home” companies. The one I spoke with offered us ,000 less than the price we’re at now.

Just wondering if anyone has had any experience with these types of companies? Thanks!
Thanks folks. About the flood insurance, the mortgage company requires it. But we had a new flood elevation map done in August 2005 and they said we could fight it and would probably win. But knowing my luck, I’d cancel the policy and the next day we’d have the flood of the century!

Best answer:

Answer by kamaljots1985
All I can tell you is try harder or find different companies with different offers in writing. Make sure you have it in writing and the amount is not negotiable. Make sure you don’t show them how desperate you are, they aren’t your therapist and there is no need for them to hear your problems. Try to get references through family and friends or even neighbors. Also I don’t know if the 12,000.00 dollar amount is allot or little compared to the total amount your selling your home for. If you are selling it for 120,000.00 dollars then it is a large amount. But if you are selling your home for 500,000.00, then it doesn’t seem like a large amount. Hey long as you are not upside your mortgage (assuming if you have one), then go right ahead.

P.S. Also check with the Better Business Bureau for the company offering to purchase your home.

What do you think? Answer below!

Quick House Sale Through Mortgage Rescue Companies

Posted by | Posted in Buy My Home Fast - Articles | Posted on 22-09-2010-05-2008

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Quick House Sale Through Mortgage Rescue Companies

House sale can be a very time-consuming and demanding process. As opposed to selling other goods, selling a home is something that cannot be done overnight, regardless of all the compromises that a homeowner might be willing to make. Under normal circumstances, when time is not a decisive factor, the length of the sale process should not be a problem. In fact, it is advisable that you wait and analyze the market carefully. But what happens when you want or need a quick house sale?

Everyone knows that selling a house in the traditional way can be lengthy and quite expensive on the seller’s part. Moreover, there is a chain of individuals involved in each house sale and this chain can collapse at any time. You can wait for several months before you find the best buyer for your house and then several weeks before the sale process is completed, not to mention the fact that your buyer may change his or her mind at the last minute, leaving you with nothing. This situation is totally unacceptable when circumstances that you cannot control force you into a quick house sale. The need for a quick house sale may be brought about by a series of factors. However, the cause is less important. What is important is that you be able to sell your house quickly and without any losses when the circumstances ask for such a resolution. If you are in a serious financial crunch, a quick house sale may be your only option. How can you achieve this? How can you get the large amount of cash that is tied up in your property in a fairly short time? The answer is simple. Finding a local company that specializes in investments in real estate properties is the best solution. This is the only way in which you will be able to make a quick house sale, get cash for your property and be able to solve your financial problems.

If you are behind on mortgage payments, you probably already know that there may be serious consequences to your inability to make payments on time. The most serious of all possible consequences is that of losing your home. If this prospect is becoming more and more imminent, you should definitely consider the option of selling your home and renting it back until the time you are financially able to buy it back from your investor. A normal buyer would probably not agree to buying your house, renting it to you and selling it back to you after a number of years. But we are not talking about normal buyers. We are talking about investors that specialize in the sell and rent back scheme. You can refer to these organizations as mortgage rescue companies.

Mortgage rescue companies will help you overcome your financial difficulties by making you an offer for your house and paying cash for it. Moreover, the sale process will be accelerated, enabling you to get the money you need in a very short time. Most sale taxes and fees will be paid for by these mortgage rescue companies. In most cases, you are also presented with the option of renting your house and buying it back at a certain time in the future.

For more resources about Quick house sale or even about mortgage rescue companies please review this website http://www.propertysituation.com/

Q&A: Why do companies put their own software on computers they sell when it slows them down so much?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 05-09-2010-05-2008

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Question by Sean M: Why do companies put their own software on computers they sell when it slows them down so much?
If you install just a clean version of Windows XP Home your computer will start up in like 10 seconds.

But every computer you buy these days (even IBM) is loaded down with crap that makes it take forever to start. My brother has a Sony VIAO and it is un-f’ing-believable. Like it can take upwards of 4-5 minutes to start up or shut down!

Not to mention that NO ONE one planet earth needs any of the garbage they put on. It’s all right there in the freaking Operating System.

So why do they do it? Isn’t bringing the computers you sell to a crawl a bad idea from a business perspective?

If I started my own company I would sell “fast” computers by just no tputting crap on them and pocketing the money I save on hardware. …don’t steal that idea. I’m going to trademark it.
great answers!

so is this why new pc’s don’t include a OS cd anymore?

Best answer:

Answer by Safe Mode
The answer is price.If all the garbage wasn’t there and you had a clean copy of windows the computer would cost twice as much.Companies pay the computer manufacturers to install their demo products and this is what makes the price go down.You are right ,they are complete garbage and the first thing you do on a new computer is to remove all that

Know better? Leave your own answer in the comments!

About those “We buy your house… fast!” companies….?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 04-07-2010-05-2008

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Question by lisa m: About those “We buy your house… fast!” companies….?
OK… so my husband and I have two houses. I owned a condo before we got married and then he got the loan for the house we live in now.
We haven’t lived in the condo for 2 years now. The first year it sat vacant while we worked on clearing out our stuff. The second year we spent a few months cleaning and painting. Then we listed it for a few months but the market (Missouri) is slow. Now we’re renting it to a friend of my husband’s. My question is… I’m anxious to sell this thing and get rid of it. I was searching options on the Internet and came across sales pitches that claim to “sell your house fast!!” Has anyone heard anything bad about these companies? Has anyone used them?

Best answer:

Answer by lovingu
i havent even heard of them

Give your answer to this question below!

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!

companies that buy your home fast??

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 05-04-2010-05-2008

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im hoping to sell a home quick but do you think websites like below can help me? what’s the deal…? – worrying

http://www.expresshomebuyers.com/?source=YAHOO

Looking For a Fast and Hassle-Free Way to Sell Your House?
Then Look No Further…You Are in The Right Place.
At Express Homebuyers, we cater to people who need to sell their homes in a quick, convenient and risk-free way that’s safer than the average for sale by owner transaction. Since the company’s founding, Express Homebuyers has established a strong presence in the Washington DC, Virginia, and Maryland markets as a professional solution if you’re looking to sell your house fast.
no no i’m not tryin to advertise their web. im really desperate of selling 2 homes in va/ md. u can see from my q&a with other inquiries. i need to learn about companies that will sell but not sure what the hidden deal is.. pros/cons
can they also do short sale if pymt is behind… and make deal with my banks, then try buying cheap…?
oh and if they want power of attorny, what’s the deal? will i be doomed