Richard Latimer is a local real estate investor that mainly operates in the city of Huntsville, Alabama. When asked why he decided to become a real-estate investor, Richard responded with:
“A few years ago, I recognized I wanted to assist people sell their unwanted Huntsville homes. At the time, I previously held a few rental properties and I reached out to some trustworthy advisers about transitioning to fixer-uppers. At the time, I had acquired one or two foreclosure properties and hired a local construction crew to renovate the home. While renovating these houses, I was pleased by how the neighbors thanked us for buying the homes. Also, for showing care and consideration to properties that were vacant and abandoned for years. I was amazed by the transformative effects of how restoration and renovation are embraced by the local community.”
This was just the beginning for Richard on his path to fix up dilapidated houses. He also alluded to the eco benefits remolding a house has verse tearing it down.
“It fully sank in when I started Veritas Buyers, that I wanted to help people who were worried about trying to get rid of unwanted property. I also wanted to convert these buildings into welcoming and warm homes for new families,” said Richard CEO of Veritas Homebuyers, “Our focus mission is to keep to the true nature of a home rather than demolishing it. At Veritas we have worked with a wide range of people from historic commissions to hardwood restoration companies, to keep neighborhoods genuine to their true character.”
Veritas Buyers is excited to announce that they are now buying houses in New Jersey. Richard realized that he could maximize the impact the Veritas Buyers was having on communities by expanding his geographic operations.
“Us deciding to start working in New Jersey wasn’t a very hard decision,” said Richard, “I met a fantastic partner while I was in Jersey and decided to partner up and expand my operations outside of Huntsville and Alabama.”
The team has four main counties that they purchase distressed properties in. Essex, Union, Mercer, and Hudson counties are their service areas. Richard realized the importance of partnering up with a local investor, rather than just importing personnel there.
“A local partner knows the market the best,” Richard explained, “Also, local people generally want to work and keep projects local. I completely agree with this, that is why I use local contractors and partners instead of bringing in an out of state workforce.”
Despite the adversity that the pandemic has brought to the real estate market. Richard is feeling hopeful for the future of America’s real estate.
“Every real estate investor in America is struggling and feeling the effects of the pandemic.” Richard said, “But I have hope because on top of buying houses in New Jersey, Veritas has expanded to neighboring state, Pennsylvania.”
Pennsylvania is located just across the Delaware river from New Jersey and is within easy reach of the Veritas team.
How Veritas Buyers Operate
Veritas has re-invented the traditional real estate process by eliminating the middleman. This results in no realtor commissions, closing costs, market preparation costs. By eliminating these costs, they can buy houses a fair price, speed the process up, and the owner doesn’t have to get the house in market condition.
The whole buying process is outline in 3 steps:
– The seller contacts Veritas either through their website or call them by phone.– A team member comes and assesses the property and makes an offer.– If the seller is satisfied then they are paid in cash.
Common Customer Profile Situations
In most cases people end up selling their house to Veritas Buyers because of several different reasons. The most common situations are:
– They are relocating to another state– Their house is not in market shape– They need to downsize– Or they have bills
Conclusion
The team members at Veritas are excited for the journey ahead of them and are hopeful for the future of the real estate market in America. With technology at our side, selling a house online to an investor like Richard has never been easier. Veritas Buyers offers free resources to new investors and homeowners in their blog.
Media ContactCompany Name: Veritas BuyersContact Person: Richard LatimerEmail: Send EmailCountry: United StatesWebsite: https://veritasbuyers.com/