Homeowners are sometimes offended by the word teardown. They should not be. A teardown is a property whose lot is worth more than the house on it, and in the right towns that is very good news for the owner.
Sign one: new homes nearby
If new construction has gone up within a few blocks in the last few years, builders are already active on your street.
Sign two: an average or larger lot
Builders need room. A lot that is average or wider for the neighborhood, level, and free of wetlands is what they look for.
Sign three: an older, dated house
A house from the 1950s through the 1970s that has not been renovated is exactly the kind of property builders buy, because they are not paying for the interior anyway.
Sign four: a good street
Schools, the train and the quality of neighboring homes tell a builder his resale is safe, which raises what he can pay you.
Sign five: you keep getting letters
Postcards and letters offering to buy your house are a sign investors have already noticed. The right move is to get a real number from someone who works with actual builders, rather than answering a postcard.
We send you what a builder would pay as-is and what the home would bring listed, free. If yours is a teardown, you should be the one who benefits from it.