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I am in a bind and need to sell my home because of a breakup. I cannot afford the home on my own, and honestly do not want to stay because of the memories. I do not feel like I am able to rent or lease the house out.
I know the housing market is all about the buyers, and unfortunately, my house is not in the best of shape, I fear I would be forclosed on before it would ever be sold.
I think that my only option is going to one of the companies that buy your house from you, but I hear they really offer below FMV... does anyone know of any companies, especially in Oklahoma, that offer fair rates AND are legit?
Desperately need answers & suggestions from anyone who has advice to give.
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They will only pay 60-65% of the market value.
They are legit, but Alps is right. They look for 65% deals and find some. It is a trade of time for money, but it might be a fit for you in your situation. Make sure you have an attorney look things over.
they wont pay full price, i got 75% of my house's "potential value" (the value it was flipped and re-listed for) paid in cash, closed in a week.
what i did was:
had several of these companies through my home bidding
had a realtor freind of mine there to "appraise it for fair market value, and my protection"
i should point out that the house was a run-down fixer upper and not worth the liability.
...had several of these companies through my home bidding*
*overlapping them so they knew about the competition...
also show the house but you set the price("i have an offer of X where X is just below what you want)
dont sign there, they will call back and raise their bid... or there is plenty of fish in the sea
allow 3 days to a buisness week for re-bidding
angel-where in Okla are you? I know a guy who sold all his houses to homevestors, and probably didn't get nearly as much as he could have. But they were all nasty rent houses and not worth all that much.
Also, not all of the We Buy Houses companies are legitimate. Some will strip your house of all the equity and then walk away, leaving you out in the cold.
how exactly do they manage that? i mean you have to give them permission to do any work. short of stealing the copper from the walls in the dead of night... what kind of a contract would that be?
I don; think you understood me NTETS. WHat I mean is that they will take out a second mortgage on your house without you knowing, stripping you of all your equity.
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