Home Buying firms.

Shadow Man | 18:01 Thu 13th Sep 2007 | Business & Finance

3 Answers

Regarding these companies that guarantee to buy your house, does anybody know what sort of profit margin they work to?

That is how much would they pay, for example for a �250,000 home?

business blogs

Northern Rock

Answers

1 to 3 of 3

Best Answer

No best answer has yet been selected by Shadow Man. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

Ethel

At an average of 25% below market value - sometimes much more.

It would not surprise me if they offered you around the �180 mark.

Usually there is a charge for there services as well which you must pay if you refuse to accept their offer.

.foggy.

Yeah, we got one out to make us an offer. He stated that he always offers 80% of the market value as a cash purchase.

Shadow Man

Question Author

Thank you for your quick answers.

1 to 3 of 3

Do you know the answer?