The quick answer to that question is no.
We are local cash house buyers in Philadelphia, Pa and work with local home owners who need to sell fast. The home owners we’ve worked with come to us with all kinds of reasons for needing to sell fast.
But one of those is that the house is rundown and in dis-repair and they just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent.
But here’s the “official” reason we’ll buy a house in any condition in and around the Philadelphia, Pa market (including other cities in Pennsylvania, Delaware and New Jersey).
Why Cash House Buyers In Philadelphia, Pa Will Buy A House “As-Is”
Since we buy houses with cash and don’t need to get bank approval… we have the flexibility to buy local Philadelphia, Pa houses in any condition.
Normally traditional banks won’t finance a house if it’s in disrepair. We love our Community and every area around it. The city of Philadelphia has struggled with vacant and abandoned properties, TriState-Properties is always looking to revitalize neighborhoods and contribute to community development. Compared to some other major East Coast cities, Philadelphia offers relatively affordable housing options. This affordability can make it appealing to homebuyers looking for value so we always are looking to provide a brand new home to someone looking to move into Philadelphia or any surrounding area. Philadelphia’s strategic location on the East Coast, with access to major highways and an international airport, can make it an attractive place for people from a lot of different places to come and live. Proximity to other major cities, such as New York and Washington, D.C., adds to the Philly appeal also. Philadelphia also has a diverse economy, with sectors like healthcare, education, finance, and technology. A stable job market can support rental demand, so if we can’t sell a home on the market we have good odds to be able to Rent it out so were not just wasting money.
They see it as a risk and won’t lend on the normal “fixer upper” house.
That leaves a lot of home owners in our area without a good option to sell the house because 95% of the buyer pool has to get a traditional loan to buy a house.
That’s where we come in.
Here at TriState-Properties, we are cash house buyers in Philadelphia. Our business model is to help homeowners who need to sell a house fast (especially houses that need work) by buying your house for cash… then us and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new home owner.
We pay for all of the repairs.
We pay for the closing costs.
We do all of the work, so you don’t have to.
Our goal is to make the whole process no hassle for you, so you can move on with your life and put this house behind you.