These investment properties are not only benefiting the market and the investors but the homeowners of the original property as well. This is often the only way that these homeowners are able to sell their home fast and they are often able to sell them for cash as well.
While many homeowners are never able to get a cash offer for their homes, these real estate investment firms, such as iCandy Homes are able to come in and buy these homes and give the sellers cash offers often within days. These cash offers are becoming more popular than ever, according to a recent FOX article and reports from Goldman Sachs:
A report from Goldman Sachs says that all-cash sales have more than doubled since housing prices started to collapse seven years ago.
As iCandy Homes continues to make a dedicated effort to build up the local real estate market and to invest in local properties, many homeowners are finding that they are finally able to get their unwanted properties off of their hands and get cash in exchange for their homes, as the city of Chicago continues to thrive with these redevelopment efforts.