Rehabbing and Paid at Settlement... I Have so Many Questions???
Hello BP,
I have come across a company that markets to realtors to provide their sellers with an opportunity use this company to complete any upgrades or a full rehabs on their property to be listed at the maximum market price and the company (investor) is paid at settlement. I am trying to wrap my head around this. How does this company/investor protect them self from a seller that deciding not to sale the property. I'm sure they placing a mechanic lien against the property, but it can take years to recoup the money spent on upgrades/rehab to the property. Do you think they have the seller add their name to the deed? What are your thoughts?