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We are cash home buyers in the Central Texas and we work with homeowners who need to sell fast. The homeowners we’ve worked with come to us with all kinds of reasons for needing to sell fast.<br><br>About 6 months ago we bought a property at XXXX Mathews Ln, Austin TX 78748. The house was in a nice area right behind Sprouts Farmers Market. Just off of Manchaca and William Cannon, I love Sprouts and that is where I do my grocery shopping so I was excited when I got the call. I figured I'd grab groceries and buy a house all in one trip! <br>I called the lady that made the submission to our site. A pleasant lady answered the phone and she gave me the back story for the house. She said her and her brother owned the property at XXXX Mathews Ln and they were looking to sell it to cash home buyers from Austin. They said they would need cash home buyers because they did not think the house would qualify for buyer financing due to its condition. <br><br>We closed in 10 business days and everyone was satisfied.<br><br>Get a fast offer on your home or selling your home to cash home buyers like ourselves, buyers that make quick decisions and pay all cash and buys Austin homes “as-is”. Read this how we bought this unliveable moldy house and closed in 10 business days!
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Why as cash home buyers,bought a MOLDY HOUSE with a BAD Foundation in 78748?
We'recash home buyers, and about 6 months ago we bought a property at XXXX Mathews Ln, Austin TX 78748. The house was in a nice area right behind Sprouts Farmers Market. Just off of Manchaca and William Cannon, I love Sprouts and that is where I do my grocery shopping so I was excited when I got the call. I figured I'd grab groceries and buy a house all in one trip!
I called the lady that made the submission to our site www.TheTexasHouseBuyer.com A pleasant lady answered the phone and she gave me the back story for the house. She said her and her brother owned the property at XXXX Mathews Ln and they were looking to sell it to cash home buyers from Austin. They said they would need cash home buyers because they did not think the house would qualify for buyer financing due to its condition.
She said she had called several other people including an excellent businessman in the HomeVestor's guy from the We Buy Houses group, and another reputable Local Investor. They were both cash home buyers and they were going to go look at it the current week. She wanted me to come out and make a cash offer. She did inform me that several other cash home buyers had already made offers. Since I knew them personally I assured her that the 2 people that had already made her offers were in fact reputable and would close.
She said the house is really big for the area, about 2,000sq. ft and really old, built over 60 years ago. Her exact words were “it’s liveable, but you wouldn’t live in it” so I knew it was rough. She said herself and her brother had owned the house for over 30 years and her brother used to live there. Her brother moved out of the house about 15 years ago and allowed his nephew to live there and attempted to rent it to him.
About 15 Yrs. She and her brother go and see the house, and they see that it’s pretty much a hoarder house now. It has holes in the ceiling due to roof leaks that were covered with plastic bags. There is mold everywhere, the grass is about 5 ft tall, and several windows are broken, and a lot of windows will not open or close and doors will not close because the foundation has shifted so much over the years. There are cracks all over the sheetrock and interior walls of the house, and no appliances work. The house smells horrific and you can’t walk around inside due to the pile up of trash.
They decide they need to sell it to cash home buyers, and that’s why they found me online when they put on a search for companies who buy houses cash “as is” in Austin. The biggest reason for immediately kicking everyone out and selling was actually the mold. Mold can obviously not only really harm your health as detailed in HGTV.com….. But according to HouseLogic.com and my own experience, it can also cost thousands to even tens of thousands of dollars to remediate.
She gave me a detailed description of the house, I said "PERFECT", I know the area very well and I can pay $160,000 for that house. I told her it would be worth $300,000 plus when I was done with it but it would take a LOT of work to get it there.
When I showed up...the house was as bad as described...holes all over the ceiling, bad roof leaking into the house, bad foundation, horrible smell, you name it.....but I told her “well I know you don’t think it’s worth $160,000 but I told you on the phone that I could pay $160,000 and I can pay $160,000.00. This is for an “as-is” all cash close in 2 weeks where I pay all closing costs.” and I handed her a contract. We closed in 10 business days and everyone was satisfied. She said my offer was $20,000 higher than the next cash home buyers best and she appreciated my prompt reply.
Easy, the same reason any cash home buyers would purchase properties because we thought we could fix it, sell it, and turn a profit. Ourselves and some partners will be putting about $100,000 of work and updates into this property and hoping to do just that in about 3-4 months. How did I know what to pay for a house that is such disrepair before I even saw it?
As cash home buyers for several years we've seen a LOT of houses and quite honestly they all look the same, front door, some windows etc...and based off a quick overview and description of the condition of the property I can put it in a category that I have seen before, and know exactly what I can pay for it within a few minutes of striking up a conversation with a potential seller.
If you are interested in getting a fast offer on your home or selling your home to cash home buyers like ourselves, buyers that make quick decisions and pay all cash and buys Austin homes “as-is” give us a call. I will have an offer for you within 24 hours and usually within 15 minutes of our phone call. Or if you just have questions about how the process works give us a call as well. 512-593-6990!!
