One way partners with the community solutions initiative are able to fund our objectives is through investments in the community. A partner in Wilmington North Carolina is a real estate investor who helps individuals get out of though situation through cash sales. They invest in properties that most real estate buyers steer clear of and invest time and money into the community to bring these properties back to a desirable state. Read below about the different ways they have helped the community.
Vacant Properties
Are you tired of driving past the same run down house every day? Houses that seem uninhabitable but you always see people going in and out at all times of the day. Cash House Buyers of Wilmington take these properties and rebuild them from the ground up. Once nice things are in the neighborhood some of the less desirable activities begin to decrease and bring up the value of all the other homes in the area.
Pending Foreclosure
The foreclosure process is a long drawn out legal process and many times a house may sit vacant while waiting on a decision to be made. During this time the property deteriorates and brings down values of the other homes around it. Our buyers go in and help residents that can’t make their payments by giving them a cash offer that pays off the mortgage so they can move on. This avoids the property and the owners credit from deteriorating.
Inherited Properties
Did a loved one leave you a property that you really didn’t want when they passed? If so it may end up costing more to renovate and list for sale than you have saved up or that you would make during the sale. This is just once situation that we buy houses in, and have been able to help many property owners that may not live in the Wilmington area. Our goal is to purchase the home for a fair cash offer and then fix and sell the property as quickly as possible. This ensures that the house does not sit vacant thus lowering the property value.
Poor Tenants
We have helped landlords that don’t know what the next step is in getting rid of tenants who have destroyed the property and also quit paying rent. If you have not navigated the eviction process it can be very daunting. While it is not an enjoyable process it is one that we have been through many times and thus can get the results as efficiently as possible. Typically if a tenant does not have enough respect to pay rent they also do not respect the community they are a part of. By removing these tenants the entire community benefits. We come in and purchase the property so that you can move on the the next investment.
These are just a few of the ways that Cash House Buyers of Wilmington have helped to improve the community around them. We appreciate all they do help help provide solutions in all the surrounding communities of Wilmington.