Ocean City based Dependable Homebuyers, a local We Buy Houses company, is purchasing and restoring historic homes. The private real estate investment firm is buying historic properties from owners, restoring the houses and selling them to interested buyers. Some of the historic buildings are also being transformed into rental properties. However, the company is not gentrifying neighborhoods or destroying historic buildings to make way for new homes. It is committed to restoration and preservation of historic houses in and around Ocean City. NextCity.org, a national publication dedicated to historic properties, has recognized the initiative of Dependable Homebuyers.
NextCity.org has featured the company and its owner Evan Roberts. Speaking about the development, Mr. Roberts said that everyone at his firm is overjoyed for being acknowledged and praised for their significant contribution to preserve and restore historic homes. Roberts says that there has been a steady rise in the demand of such properties. He attributes this newfound demand to the sturdy construction of historic homes and the spaciousness of rooms. Older houses are larger and their structures are much better than relatively new homes. Rooms are larger, so are passages and whole premises.
The only shortcoming is the aesthetics in some parts and the unavailability of contemporary fixtures. Roberts and his team address both these issues as they restore such properties. According to Roberts, their objective is to restore properties and not cause any displacement. They are rehabbers. The company pays heed to the needs of the local community. The local residents are a part of the renaissance, contrary to what happens during gentrification. Roberts and his team are committed to buying historic homes, restoring and rebuilding them but without gentrifying neighborhoods or the properties.
They also intend to meet the growing demand by acquiring more historic homes in the near future. This increasing demand has enticed any investors and professionals in the real estate sector. Many are interested in flipping such houses but Roberts has a word of caution for everyone. He recommends understanding the scope of flipping and having substantial familiarity with the ground realities. The market trends and conditions, costs of flipping, the price of acquisition and the potential return, all are equally integral factors in the whole scheme of things.
Dependable Homebuyers acquires historic properties in the same way they have been purchasing other types of houses. The company can be contacted directly by owners who want to sell. Roberts and his team will conduct an inspection and determine the fair value of the property. Here's a recent press release they published. This becomes the basis of the purchase offer. It is an all cash offer for owners to consider but without any obligation. Owners turned sellers do not pay any commission. They do not pay the closing cost either.
Dependable Homebuyers can buy historic houses regardless of the location and condition. They can complete a sale within seven days from the seller accepting the deal. The We Buy Houses company does not deal with intermediaries, real estate agents or listing services. For more information about the company and the services they provide visit https://drive.google.com/a/dependablehomebuyers.com/file/d/1gU1FMePOqS9Fowa6RCl6ytoHjWYIn0We/preview.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in Nashville. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (609) 281-8989 and we’ll provide you a cash offer within 24 hours.
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