Real estate investors and we buy properties companies can be found in most major cities and towns nowadays.
Their “I buy properties” signs are splayed across public benches and plastered on billboards.
Both purchasers consist of people who pay cash for properties, but purchasers interested in making a profit are less likely to demand even minor fixes or repair contingencies before closing.
In fact, the poorer the condition of the property, the more tantalizing to companies that buy properties.
liquidators with pristine properties spend money and time to attract the ideal purchaser; liquidators needing to liquidate their property minus making renovations need to spend more to compete.