They typically offer 50% to 70% of the After Repair Value (ARV) minus repair costs.
While it is a legal and established business, it is not always the best financial choice for every homeowner. The "legitimacy" depends on whether you value over maximizing your profit . 💡 How the Business Model Works
They focus on "ugly situations"—such as foreclosure, inheritance, or properties needing major repairs—where a traditional sale would be difficult. ✅ The Pros: Why People Use Them Speed: Deals can close in as little as three weeks .
No worrying about buyer financing falling through.
You don’t need to clean, repair, or stage the home.