Video Transcription
Looking at a house in Marietta GA the seller first contacted us after he tried to sell if via traditional means on the market. He actually got in touch with us via Real Estate Agent Marietta GA. We told him in the amount of time he needed to sell in, that was not the best option for him. The days on market for a house in this condition in Marietta.
Speaker 1: Hey, everybody. We are in Atlanta today. Actually, we are technically in Marietta, Georgia, today, so that’s a little bit west of Atlanta, northwest. We buy houses all the way up there. The seller on this one contacted us. He needed to sell it for cash. He needed to sell it fast. He needed to get the money pretty quick. We think we closed on it in just about two or three weeks like we normally do. This was a situation where he needed to sell it as is. We made him a fair cash offer. We got it to him very quickly. Other than that, it just was a heavily damaged place. He lived in it for a little while and then he used it as a rental property and, of course, the tenants didn’t take care of it.
He’s got a lot of things that are out of code for this area. Marietta gets very difficult with the permitting process nowadays, but we’re going to go through this house and rehab it. It was things that it would not allow him to sell it on the market to a retail buyer. He needed to sell it to an investor, someone who’s experienced with these types of issues. I know that we came in in a little bit better price than a lot of other investors because we do a lot of the work ourselves and we can do those things cheaper. Again, we have no problem taking a house that needs repairs as is. This one’s even got water damage on the inside. We’ll still take it.
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