Let’s face it, most offers and advertisements to buy your house for cash are coming from real estate investors. Most investors like our company are in the business to make money just like any other business.
But as a by-product of buying houses for cash and then flipping them, real estate investors are adding value to neighborhoods and cities across the country. How is this happening? Read on for an explanation!
If you can remember the housing crash of 2008, you’ll remember hearing story after story of the economy failing due to poor housing values around the nation. It seemed as if going into foreclosure became the new American past-time. Some families barely got by, while others had their homes repossessed by the banks and were forced out of neighborhoods in which they had invested their money, and more importantly, their lives.
This is not, however, the housing market which Americans are dealing with today. In most markets across the US, the crises is over, and real estate sales are flourishing. Here in Colorado Springs the real estate market is doing well. That is why we at bonniebuyshousesfast.com are able to pay you more cash for your house.
I would like to share another benefit of selling your home to an investor (which is what our company specializes in!). In an article done by CNBC, economists are reporting that many investors appear to be investing in older, worn out neighborhoods due to the lower costs of real estate in those areas. However, when an investor buys a home in these areas, they frequently pour resources into the property to ensure the attractiveness of the home to potential buyers. In this article on www.cnbc.com , economist Ralph McLaughlin states, “…we think more flips are actually value-added improvements that investors are making to the house…”
What does this mean for the neighborhoods where the improvements are being made?
- It means investors are fixing up homes which may have otherwise sat vacant for years.
- It means investors are taking outside capital and investing in older neighborhoods. Such as this company in Peoria Illinois.
- It means investors are spending money in these neighborhoods and the value of the property goes up.
- It means the money spent by investors on the houses they fix stays in the neighborhood and has the potential to increase the overall property value for everyone who lives there!
When buyers see other houses which have been fixed up just down the street, they are usually prepared to make higher offers on other houses for sale in the same neighborhood. Every time an investor buys a house, it’s not just an investment property they’ve purchased, it’s a benefit to everyone who lives nearby… and that’s what the Cash for My House buyers are all about!
In part, when investors buy houses to fix, it’s not just so the investor has a high return on their investment. It also creates jobs. And, boosts the local business and suppliers that provide labor and materials for the house rehabilitation. When the project is finished and the house is for sale, the realtors, home inspectors, and house appraisers also are employed. Thus adding more money to the local economy. There is more than just the cash for your house that you receive. The local economy gets an influx of capital which keeps our economy humming.
This is the best part. Our company helps people who are in tough situations to receive cash for their house. And, I get to see another family make the house into a home. Sitting across the table from an appreciative and satisfied new homeowner at closing is a great feeling. It also gives a great feeling of accomplishment when neighbors come by our investment properties to say things like, “The house looks so much nicer!” or, “I wish somebody had fixed up that house years ago.”
As an investor in Colorado Springs, I have thoroughly enjoyed working with sellers, buyers, realtors, contractors, painters, electricians, plumbers, and even other investors, as we all continue improving our economy. If you’re looking to sell, we at bonniebuyshousesfast.com would love to help you too. We will do our best to provide a safe and secure solution to help you a quick house sale. And, if you’re saying, “I need cash for my house”, we may be a good option.
Hopefully, you now know what the cash for my house buyers are all about.
Start the Selling Process Today!
We specialize in helping people sell their house quickly and effortlessly in as-is condition.
Maybe you think your house needs too much work and that no one would possibly be interested in buying your home. Or maybe you have everything the way you want it, but your situation in life has changed and you would like to sell.
We are able to buy houses in just a few days and close on the day you choose!
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