They are sometimes offering to buy my house at market value in cash without looking at the property. Other times they want to know the condition of the property and send an appraiser out to evaluate for repairs and updates. If they were to offer anything below market rate its because they are accounting for costs of maintenance and repairs that I don't bother with since I have no plans to put the property on the market.I suspect this is geographically bound. I bet in some areas corporations assess some properties are not worth the effort, no matter their condition, unless they can get the property at a severely depreciated price well below market value. In my area it appears I could make some money without any effort if I were willing to move.
No comments yet.