My mom and dad had a fire in their home and there was an immense amount of damage left over.
My parents didn’t want to take the time to repair the house.
They wanted to get rid of the place so they took the money from the insurance company and they found a real estate company that offered cash for the property. When you offer cash for a property, you don’t have to worry about making any repairs. My mom and dad got out of the property and they didn’t have to worry about any of the cleanup or fire damage. They took a loss on the property, but the insurance provider reimbursed them for all of the Interior losses. My parents used the money from the real estate transaction to move to a place by the beach. The Jacksonville, Florida condo was listed by the same company that offered my parents cash for the property. My parents gave the real estate company one property and they sold them another. I like the new house by the beach. It’s small enough that my mom doesn’t have to spend every single morning, afternoon, and evening cleaning and doing the dishes. It’s big enough that my parents have plenty of space and they can entertain friends if they want. The condo is only a couple of blocks away from the beach. At night you can smell the salt and fish in the air. When the weather is nice, it’s easy to walk to the beach or take an Uber for a cheap rental rate.