Dependable Homebuyers has a New Solution for Flippers in Distress in Washington D.C.

May 10, 2019
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Dependable Homebuyers has started buying mid-project houses from flippers in Washington D.C. The traditional practice for flippers has been to completely restore and renovate a house, which is then listed online and promoted by real estate agents. Many flippers have their own networks and take advantage of independent listing to sell their properties. The precondition for any such sale is the completion of the entire home improvement project. Houses that are not completely refurbished and saleable cannot be marketed by realtors and they do not entice ordinary buyers. The We Buy Houses company based in Washington D.C. has the only practical solution for such flippers and their properties.

Just as homeowners are at times compelled to consider a distress sale, flippers who have run into rough waters have to contemplate options that can severely jeopardize their investment. Flippers may be unable to complete a project they have undertaken for various reasons. There can be financial problems. The property may have been assessed wrongly and the project may turn out to be unviable. Personal and professional troubles can lead to untoward consequences. If a flipper is unable to complete a particular project, the property which is an asset will turn into a liability. The house will remain un-saleable and only fresh round of funding and completion of the project will make it eligible for open listing or targeting selling.

Dependable Homebuyers has expanded its portfolio. The company has been purchasing houses from homeowners all across Washington D.C. It has bought houses in impeccable condition and many in dire states. The condition or the location of a house does not become the deal breaker for Evan Roberts and his team at Dependable Homebuyers. The same practice is now being followed by the company while buying mid-project houses directly from flippers in the district. Flippers can contact the company to sell their houses in any stage of completion. The project might not have kicked off and Dependable Homebuyers will still be interested in purchasing the house from a flipper.

Dependable Homebuyers has a simple approach to assess the fair value of such properties. They conduct an inspection and ascertain the price. They present a cash offer within a day after the inspection. Flippers can consider the nonobligatory cash offer. It is a onetime payout, no installment or part payment. If flippers want, they can close the deal immediately and the sale will be completed in one week. Dependable Homebuyers has the funds ready to purchase mid-project houses. It is buying multiple such properties so one flipper securing a deal will not impair the chances of another.

The proposition of Dependable Homebuyers can be just the solution flippers in distress need. A mid-project house becomes a huge liability for flippers when they realize they are in over their head. Only fresh investment can resolve the crisis. In some cases, new funding may be insufficient as the project may be unviable. All such concerns of flippers cease to exist if they choose to sell the houses in the condition they are in right now to Dependable Homebuyers. Read the recent press release they published at https://www.pressadvantage.com/story/27129-dependable-homebuyers-in-washington-dc-is-helping-homeowners-sell-distressed-houses.



SOURCE: Press Advantage [Link]

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About Dependable Homebuyers Washington DC:

Dependable Homebuyers is a local home buying company in Washington, DC. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (202) 503-2783 and we’ll provide you a cash offer within 24 hours.

Contact Dependable Homebuyers Washington DC:

Evan Roberts
1664 Columbia Rd NW #41, Washington, DC 20009
(202) 503-2783

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