We Buy Houses
When it comes to buying houses, our focus is on increasing the values of the neighborhoods by improving the houses that need renovation and work. We purchase houses throughout Orange County and hire local businesses to help with the improvements, keeping all of the growth in our communities.
Testa Capital Group buys houses from individuals, banks, asset managers and agents. When we are looking for houses, we prefer SFR’s/Condos in Orange County between $250k-$700k per property. We purchase 1-5 properties per transaction, and buy properties “as is” in need of repair. Once we’ve purchased the houses, we take them through a very thorough renovation, from interior and exterior to electrical and plumbing. Once we have upgraded and improved the house, we sell to Orange County families, enabling the benefits to stay in our own communities.
Why Sellers, Agents and Asset Managers Prefer Testa Capital Group
Testa Capital Group is reliable, we always perform as we’ve agreed and work hard to go above and beyond expectations. In addition to being reliable, Testa Capital Group works hard to close all acquisitions quickly and succinctly. Our purchases close within 1-3 weeks. We are able to close so quickly because of our private capital and the fact that we are a cash buyer. Many sellers prefer achieving a rapid and reliable “cash” closing today, at a lower price point, as opposed to trying to hold firm at a higher price, in a stabilizing market, with high escrow cancellations, high carry cost of the property and losses due to opportunity cost of capital. We do not have to wait for bank approvals to purchase a house, we are able to use our own funding and determine just what houses we want to buy. In addition, paying cash enables us to eliminate financing contingencies and delays.
Finally, we have over 32 years of experience, knowledge and relationships on which to build. During our years of experience, we have earned a perfect compliance history with all regulatory agencies. Where alternate buyers fail, we excel.
Want to find out more about how you can buy a home from or sell your house to Testa Capital Group? Fill out the contact form and we will get back to you as soon as possible.
Banks we have bought houses from:
Bank of America, Indy Mac Indx Mortgage, Washington Mutual, Deutsche Bank, Citi Mortgage, JP Morgan Chase Bank, Wells Fargo, Countrywide, Aurora Loan services, HSBC Bank.
