Real estate investments from Zillow

Dec 24, 2021 3 Comments

Looking for some real estate investments outside of CA.. and seeing a bunch of homes back on the market that Zillow bought.. technically the problem at Zillow was a combination of scale and investment but brings some pause into buying an investment home from Zillow… what do you guys think? Would you buy a home that zillow bought and is now back on market?

Blind tax: 600
Yoe: 10

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TOP 3 Comments
  • If they renovated it maybee???? Probably still paying a premium and will have to overbid. The overbid is national right now and probably still exists due to housing shortage. Absolutely not just a “California thing”. I lost to an offer 25% asking over and finally won by asking 10% over in my area. Probably significantly better deals on non Zillow houses. Tax haven states include Washington, Texas, Tennessee, Nevada all with good tech and a large influx of people….
    Dec 24, 2021 0
  • How do you know what houses were initially bought by Zillow and returned ?
    Dec 30, 2021 0
  • Most of Zillow bought homes are garbage. Basically an algorithm bought at very high price instead of a trusted realtor looking at the home and deciding it. Homeowners took advantage of it. Especially, the ones who knew their house wouldn’t attract local buyers.
    Dec 24, 2021 0