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Home Buying firms.

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Shadow Man | 17:01 Thu 13th Sep 2007 | Business & Finance
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Regarding these companies that guarantee to buy your house, does anybody know what sort of profit margin they work to?

That is how much would they pay, for example for a �250,000 home?
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Avatar Image Ethel
At an average of 25% below market value - sometimes much more.

It would not surprise me if they offered you around the �180 mark.

Usually there is a charge for there services as well which you must pay if you refuse to accept their offer.
17:03 Thu 13th Sep 2007
Avatar Image .foggy.
Yeah, we got one out to make us an offer. He stated that he always offers 80% of the market value as a cash purchase.
17:05 Thu 13th Sep 2007
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Thank you for your quick answers.
17:08 Thu 13th Sep 2007

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