Another Real Estate Question

[BLAKE]

We got a letter from a company that buys houses (if I had to guess, they are probably buying up property to rent). My wife called them earlier today and they knew the house, and made a pre-inspection offer that was a few grand more than we were thinking we'd list it for, which is cool, but I figure part of that would be a tactic where they start high and then inspect it and start chipping away from there. It's a nice enough house, but it's 40 years old so it's not perfect.

Also, they said that since there's no agent involved, there's no commission or closing costs. Just a check.

Any of you guys familiar with such a thing? I'm optimistic, but the old axiom "if it's too good to be true, it probably is" keeps going through my mind.

[Stng5Pnt8]

We get those often for our home as well as rental properties. It's pretty much as you think, they make an offer and they negotiate as their actual inspection comes in during that contingency period. Negotiating tactics of course.

[BLAKE]

We get those often for our home as well as rental properties. It's pretty much as you think, they make an offer and they negotiate as their actual inspection comes in during that contingency period. Negotiating tactics of course.

Yeah, I figured as much. As long as it's legit, they're starting high enough to continue the conversation. Skipping agent commission and closing costs would be a bonus.

Thanks.