When a tree fell on my home, it wasn’t covered by my insurance; The roof was badly detrimentd, exposing the interior residing space to the elements, however plus, a wall collapsed, many windows broke and there were major troubles with plumbing pipes and electrical wires.
- The necessary repairs were extensive… I got estimates from a roofing business, plumber, electrician and general company; As they added up, I realized there was no way my budget could cover the expense.
I was unwilling to take out a loan and make payments for the next ten or twenty years. I wanted to walk away from the responsibility of the condo and relocate… Living in Arizona, there are so many beautiful areas. I was interested in moving closer to the city and the endless amenities and conveniences, however, selling a condo that is uninhabitable is harshly difficult; Very few buyers can purchase a condo separate from securing financing from a bank. The banks won’t agree to a mortgage on a apartment that won’t pass inspection or qualify for insurance. I’d heard about cash condo buyers however always assumed it was for people in desperate situations, however considering the condition of my home, I was a bit desperate. It took only a few minutes to fill out and submit the online form. I received an offer within a matter of hours. The offer was absolutely lower than it would have been if I’d fixed everything and listed via conventional means. I appreciated the simplicity and expediency of the offer. The cash homecustomer eliminated realtor fees, inspections, financing and all sorts of time-consuming troubles. They accepted the condo as-is, and I received payment in full in approximately two weeks.