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Should I Consider a Lowball Investor Offer?




A lot of homeowners are confused about why they’d ever accept a lowball investor offer, but they provide maximum convenience in exchange for the discount.



 

Recently, I received a call from a friend asking about a “lowball” offer they received while trying to sell their home. Even though they had priced their home very reasonably, this offer was well below what they were expecting—what was happening? As it turned out, this offer came from an investor. In case you aren’t aware, offers from investors are becoming more common all across the country. According to Business Insider, 44% of homes were purchased by investors in 2023, and this number is expected to increase. So, if investors pay below market value for homes, why do so many people accept their offers? Does it make sense for you to consider an investor offer when selling? To answer these questions, today, I’m going over three key benefits of investor offers you should consider when selling your home:


1. Investors don’t care about the condition of your home. To get top dollar on the open market, you need to put in a little work. Painting, landscaping, staging, marketing, and more are necessary to truly maximize your sale. If you don’t have the time or money to put in this work, or you just don’t want to deal with the hassle, you might want to consider an investor offer. They will pay for your home as-is, which means they don’t care if it’s a bit of a fixer-upper.


"Investors offer maximum convenience in exchange for a lower price.


2. Investors close quickly. The market is a little slower than it used to be, and this can be a huge hurdle if you need to move as soon as possible. Fortunately, investor sales often move quickly. They’re used to buying homes on a regular basis, and there aren’t many negotiations when selling to an investor since they don’t care much about the condition of your house. They may even be willing to give you flexible closing terms to make it easier for you to find housing after moving. 3. Investors pay in cash. In real estate, cash is king. One of the most common reasons why real estate deals fall apart is because the buyer can’t secure proper financing from a bank. However, you don’t have to worry about that with cash buyer investors. Real estate agents love working with cash buyers because there’s no delay; if they have the money, they can get it to you immediately. While it might initially seem like an investor is trying to lowball you, the truth is that they provide an option that gives you maximum convenience. If that sounds like something you might be interested in, call or email me, and I can get you a free quote for an instant cash offer on your home. On the other hand, if you’re determined to get the best price possible, I can help get your home ready for the open market with as little stress as possible. I look forward to hearing from you!

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Double Your Income with This Southern California Duplex

 

Our newly listed duplex has a large lot and potential for rental income.




 

Are you looking for an investment property in Southern California? We have a newly listed duplex that could be a good opportunity to generate steady rental income or even live in one unit while renting out the other. It is located in a prime area and has upgraded features that will attract tenants and give you a solid return on investment. This newly upgraded two-bedroom, one-bath duplex sits on a spacious 7,400-square-foot lot, offering plenty of outdoor space and potential for future expansion by adding auxiliary dwelling units (ADUs). This can be an opportunity to earn a steady income, making it an ideal investment. Currently, two tenants are paying $2,500 monthly, totaling $5,000 in monthly rent. Each side of the duplex has been upgraded with laminate flooring, warm gray paint, and spacious kitchens equipped with gas stove ranges and refrigerators. A shared laundry room is located between the two units. One unit even includes a dishwasher for added convenience. The bathrooms have also been updated, with one unit offering a full bath and the other offering a three-quarter bath.


"This could be the perfect starter property if you’re planning to invest in real estate." 

Beyond the inviting interiors, this property boasts a generous outdoor space. Both units have private patio areas, and the ample parking assignments ensure hassle-free access for residents and guests. Whether you envision living in one half and renting the other or maintaining the property as a pure investment, the potential for this duplex is endless. It is listed at $950,000 and could have a potential monthly payment of $5,500, depending on the interest rate and lending program. This could be the perfect starter property or a strategic addition to your real estate portfolio. Don't miss this opportunity to own a property in today’s market. Contact me today at (619) 379-7664 or kwsmith3443@gmail.com to schedule a private showing and discover the dual-income potential that awaits.

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Children Need You! Join Our Charity Walk this October

 

Join us as we raise awareness and funds for children battling MDS.




 

Are you wondering how you can make a difference in our community? Our team here in Orange County is inviting you to support a local charity that’s impacting the lives of children right here in our community. A local family in the San Clemente area started LiveLikeJojo.Org, an organization that has tirelessly supported children affected by Mitochondrial Deletion Syndrome. This rare condition affects about 1,000 to 4,000 children around ten years old. This disorder impairs how the body’s cells produce energy, affecting the organs and other parts of the body. Now, you, too, can be a part of this fight against mitochondrial deletion syndrome. We will sponsor this cause, and together, we’ll raise funds and awareness to benefit over 13 local hospitals. We aim to provide children with blankets, sunshine boxes, and other items vital for their overall health. We also invite you to participate in our annual walk battling mitochondrial deletion syndrome if you want to support us in person. We’re hoping to gather over 650 passionate participants to join us. 


Event Details: 

When: Sunday, October 20, 2024 Time: 8:00 a.m. Where: San Clemente Beyond this special project, we are deeply committed to giving back to the community. We're proud sponsors of the Children's Hospital Orange County, the Disneyland walk, initiatives for veterans and pets, and seasonal food and toy drives. Caring for our neighbors is at the heart of what we do. I encourage you to check out their website, livelikejojo.org, to learn more about them and how you can get involved. Your support, whether it’s volunteering, donating to Live Like Jojo Foundation, or simply spreading the word, will uplift the lives of children in need. Together, we can make a positive impact on the lives of children in our community. Click here to register for the event. You can also contact us by phone or email. Let's walk together for a brighter future!

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