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Updated about 4 years ago on . Most recent reply

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3
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0
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Brad Hillman
  • Investor
  • Colorado Springs, CO
0
Votes |
3
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Will "cash offers/as is/close quick" be close to market value?

Brad Hillman
  • Investor
  • Colorado Springs, CO
Posted

I have two duplexes in NE Minneapolis. I receive numerous offers (phone, text, letters) to purchase these properties for cash/as is/quick closing. My main question is will these offers come in close to market value?  Any cautions I should be aware of?  If I went this route, should I have a one day open house and invite all these investors and see who makes the best offer?  Other ideas?

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1,025
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Arsen Atanasovski
  • Investor
  • Rochester, MI
580
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1,025
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Arsen Atanasovski
  • Investor
  • Rochester, MI
Replied

If you need the money then go that route. If you don’t need the money and your looking at a more professional setting and get the best to closest market value then hire a RE agent. Those cash buyers most of the time are looking for “owners with problems” your post sounds like your in a ok situation but looking at your options. RE agent is you best option unless you have problems .

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