Sell a house fast for cash in Pine Hills, Florida
As a real estate investor one of my activities is finding distressed houses as I walk through neighborhoods in Orlando. Sometimes I’ll see a house that needs major renovation work and ask the owner if he/she would like a cash offer. This serves as an opportunity for them because if they don’t have the money for repairs, they can’t easily sell to regular buyers. If we do end up buying a home like this for cash, we do so at a lower price and then we can initiate renovations out of our own pocket.
Three days ago I was walking through a neighborhood in Pine Hills and found a lot of homes that fit into this ‘distressed’ category. Strangely enough the majority of the owners of these houses weren’t home and most of the conversations I had were with people who were outside. This is how I came to understand the prevailing anxiety of those who know that their stay in Pine Hills is just temporary. In fact, more than half I spoke to choose to rent with the hope of soon owning a home in a nicer place.
The 2 houses above are examples of what I find when I go on my marketing excursions. The first one was obviously a vacant house because the door was broken and there were no signs of day to day life anywhere. I’ll be talking with the owner of this house soon to let him know of my interest to purchase and close quickly.
I can tell that the house next to it is inhabited but I will contact the owner anyway because he/she may have plans to move but cannot. There’s a ‘no trespassing’ sign next to the door but that does not mean there’s no intent sell. Sometimes homeowners who try to live off the grid like this are unable to make decisions like selling a house without someone’s help.
Perhaps the high number of renters in Pine Hills can explain why the amount of foreclosures there is so low. How can you go through a foreclosure with a property you don’t own?
Anyway, what brought me to that neighborhood in the first place was a single preforeclosure home whose owner had a turn for the worse financially. I arrived to help him in his fight against his bank so he wouldn’t have to lose everything. The plan is to buy his house and let him escape from that miserable situation with his equity. On top of this we will offer to pay much more because we like our quotes to be competitive. For him and others who are facing foreclosure, dealing with a home buyer like myself is the fastest and best way to sell their home.
There are other cases where dealing with a home buyer directly is to the seller’s advantage. For example, if someone inherits a home in a place like Pine Hills the heir would most likely not want to live there. And he definitely would not want to fund the house’s upkeep and repairs during the long probate process.
That’s when we can step in and give a fair value offer for the house, allowing the heir to enjoy the benefit of his inheritance. When multiple heirs are involved the situation can get complicated as their greedy side manifests. To avoid that, the executor should initiate a quick sale to a home buyer who can jump over the legal hurdles that regular real estate agent is not familiar with.
We Stand for Single Mothers
One statistic that differentiates Pine Hills from the rest of Florida is its high percentage of single mothers. Surprisingly, there are more single mothers per household than about 98% of America’s cities. Let’s say that one of these mothers has a financial emergency and can’t pay the mortgage. They most likely won’t have the ability to make necessary house repairs that are necessary for the general market. In a situation like this we can quickly buy the house and use our resources to renovate before flipping it. Everyone wins in this scenario, especially the mothers who can avoid losing a lot to the banks in a foreclosure. They can also escape with good credit and the ability to take on a new mortgage loan when that time comes.
On the edge of Pine Hills there is a new apartment complex that is beautiful and located close to a Walmart. This was created by the city to house those who are challenged in their earning potential. A lot of single mothers and veterans have been fortunate enough to stay there for free or severely discounted rates. Each room occupant gets a case worker who directs weekly meetings for support and direction. The long term goal is for each occupant to move out and into a new living situation which is affordable and conducive to a healthy life. We are dedicated to being part of this transition where we can pay a family cash for their house so they can quickly move into facilities like this one.
The reality for families in Pine Hills
The reality is that no matter how a family is composed or where it is located, financial emergencies are inevitable. Perhaps an emergency like the inability to pay the mortgage is a blessing in disguise for those living in Pine Hills because they are suddenly in a situation where they can move away. There’s a huge drug problem in this city which makes it an inhospitable place to raise children. As of late the drug of choice is called ‘Molly’ which circulates throughout the burgeoning youth population. Moving to a new place within Orlando is probably the best way for a family to avoid the problem altogether.
If a family is about to move we can help them in their next stage of life because they will have cash from us through the sale. And when their house is renovated it will be a launching pad for another family who will be grateful for a place to stay. This situation perfectly describes Pine Hills’ growing Haitian and Hispanic populations. Lately I’ve come to realize this new demographic dynamic as I frequently hear French and Spanish spoken on the bus.
The Haitians who have been granted asylum are happy to get a new start because the quality of life is better than what they left behind. When we buy a house we can either rent it out to them or sell it to another investor who can do the same. The beauty about having more rental homes in an area like Pine Hills is that the landscape is more likely to be kept in good condition. No landlord with common sense will allow his property to be taken through continued code violations.
Conclusion
Pine Hills, Florida is a place where many residents live with the intent to move on. In order to make their dreams a reality we offer to buy their distressed homes in exchange for cash. For those who need to sell because of a financial emergency we provide fair value cash offers so their credit can be saved. As we help people out of Pine Hills and create vacancies for people moving in, more people have the option of rising up into something better.