Our Redevelopment Process
The first part of the acquisition process is locating a property with remodel potential. We work directly with many homeowners that have a desire to sell for a variety of reasons. Brodhill Properties tends to be a solution for homeowners if:
Once we connect with an individual, we prefer whenever possible to have an in person sit down in order to review the goals the homeowner has when selling their property. This is the most important part of the process because each situation is unique and each person has different factors that are important to him or her. We pride ourselves on not being a one size fits all company. In short, we listen.
Once we’ve met with a seller and both agree we are a fit to help one another, the next step for us is to analyze the property to establish an “as-is” value. Essentially, this is the market value of the property in its current condition. Generally we are able to perform this analysis and share results with the homeowner during our initial meeting.
During our property inspection, we will complete a detailed repair estimate to determine our cost to improve the property. This allows us to be very accurate in what we can offer as a cash purchase price.