This is Mike with Wake County Home Buyers and I’m onsite at a house in Downtown Raleigh that we bought for cash. As you can see behind me this is a major renovation. This is a house that needed to be bought as-is. The seller was not in a position to spend tens of thousands of dollars on structural repairs. Most importantly a bank will not loan on a home that needs this amount of repairs. In order to qualify for a loan, the property must be considered to be “habitable” upon move-in. This house would not have fit those criteria. As you can see behind me this is a complete renovation. We fixed all the structural issues and have reconfigured the floor plan to appeal to modern needs. For example, a larger master bedroom with a walk-in closet, master bath, and an open concept in the living room and kitchen area.
As a professional home buyer in the Raleigh community we allowed the tenant enough time to gather their belongings that they wanted and discard the rest. At Wake County Home Buyers we offer a home buying service! That means we strive to make our sellers experience as convenient as possible.