Home Buying firms.

[Shadow Man]

Regarding these companies that guarantee to buy your house, does anybody know what sort of profit margin they work to?

That is how much would they pay, for example for a �250,000 home?

[Ethel]

At an average of 25% below market value - sometimes much more.

It would not surprise me if they offered you around the �180 mark.

Usually there is a charge for there services as well which you must pay if you refuse to accept their offer.

[.foggy.]

Yeah, we got one out to make us an offer. He stated that he always offers 80% of the market value as a cash purchase.

[Shadow Man]

Thank you for your quick answers.