If you want to know what a Dallas Real Estate Investor is, then let’s go into defining it.
Real Estate Investor -The service offered by a Real Estate Investor is not for the homeowners who want the market value for their real estate property. That is the truth. If your home is in perfect condition and has its payments caught up with the mortgage, then the best course of action for you is to sell your house with a realtor. A good real estate investor will should always be honest when they cannot buy your house, and they will have the resources to refer you to a good realtor.
Real Estate Investors are here to help the people who NEED THE HELP. For example if the house needs a lot of work, is in pre-foreclosure, if your behind on taxes/payments, dealing with a divorce, moving out of state, a landlord who had tenants trash the place, or have a estate that has been inherited or is in the probate process. The homeowner cannot or does not want to sell the home through a local realtor because the homeowner does not have the time or does not want to pay for realtor commissions. That is why we provide a service, to the people who need help with a fair cash offer that can close fast, on the date of the homeowners choosing.
What is a “fair cash offer”?
The offer is based off the condition of the house. If the house is completely destroyed the investor takes the cost to fix the home out of the offer price. They will pay for exactly what the house is worth as an investment. They are particular about what kind of offer we present to the seller because most of the time they are buying the home to develop it into a brand new home or clean it up to be presentable to a renter. They then take a home that has not been cared for and turn it into something a new homebuyer will want to buy.
We, the Dallas Real Estate Investor, are the only reason that we have new housing developments for people to have a new place to call home. As we all know Dallas has been developing more and more into a larger city. Without real estate investors there wouldn’t be new apartment buildings in the tech center, there wouldn’t be renovated homes made to look like new in the best part of town, there wouldn’t be the development of entire neighborhoods in Parker with brand new homes.
How to find the right investor for your situation?
The Real Estate Investor along with others around the country, profession has always been hidden and looked down upon because they are all told by realtors that we are doing something wrong or illegal. The service is legal as long as the investor does not act as a realtor by listing the home. Investors are constantly bullied out of written agreements with sellers that need the help because realtors swoop in and tell the seller that we will low-ball them. But in reality realtors tell sellers often that they are capable of getting full market value for their home. Unfortunately not every seller can get full market value on his or her house because the homes value has depreciated with wear and tear. Also there are many sellers who are able to trade part of their equity in order to close the sale of their house quickly. Investors are trusted to provide convenience with the sale of someone’s home.