Out-of-State Owner
Point Breeze
Our Point Breeze seller was an out-of-state landlord renting the house to her friend for many years. We were able to come to an agreement to purchase the home for MORE money than she initially asked. The seller never had to come back to Philly to sell the home or collect her proceeds. We were able to close on the home AS-IS with no repairs in 6 weeks.
Deceased Relative
Point Breeze
This Point Breeze home was purchased from an amazing family who owned the house for over 50 years. Sadly, when the mother passed away, the 3 children wanted to sell the property. After touring the home, we presented her children with an ALL CASH offer within 24 hours. Our offer required no repairs, no mortgage, and no realtors, allowing us to close in 5 weeks. We were even able to salvage some of the old features of this home, like the custom vintage front door.
Fed Up Landlord
Grays Ferry
Sometimes, we purchase homes that need no work at all. We bought this Grays Ferry home from a fed up landlord who simply wanted to sell the property. The house was rented to a long term tenant and in good condition, so no work was needed. We were able to purchase the property in CASH with no mortgage, and AS-IS with no inspection. We closed on the house in 4 weeks with the tenant in place.
Owner Relocation
Point Breeze
We discovered this Point Breeze home in July and the seller wanted to move to Atlanta with her daughter before school started in August. We presented an ALL CASH offer to purchase the home AS-IS with no repairs, no inspections, and no mortgage. We were able to close on the property in less than 4 weeks, allowing our seller and her daughter ample time to relocate with cash in hand.
Multi-Unit Miracle
Lower Moyamensing
Did you know we buy multi-unit properties too? We worked with a seller who was living in Florida but owned this Triplex in the Lower Moyamensing neighborhood of South Philly. The out-of-state owner needed to sell her investment property so that she had the money to buy her dream home in the Sunshine State. We were able to get the deal done, inheriting all 3 sets of tenants without disruption. The seller unloaded the property without making ANY repairs and purchased her dream home down in Florida! It took us a total of 5 weeks to purchase the property from contract to close.
Probate Nightmare
Grays Ferry
One of of favorite home transformations took place in Grays Ferry. We met a brother and sister duo on the streets of South Philadelphia who wanted to sell their deceased mother's old run-down home. Our sellers inherited the property, but had no formal documentation or will to prove they had a rightful claim to the home. After months of hard work, we helped them legally probate the estate through the Philly court system and become the rightful owners. We even helped them with some of the legal costs to get the property in their name. Once they legally owned the property, we purchased it from them AS-IS and ALL CASH in under 4 weeks. Talk about a one stop shop!
Vacant for a Decade
Point Breeze
Check out one of our favorite renovations located in the heart of Point Breeze. Our seller inherited this property from his Aunt after she passed away in the mid 2000's. For over 10 years the property sat vacant, until DIME PROPERTIES brought it back to life. Leaky roof and water damage....No Problem! The seller received an ALL CASH offer, and we were able to close on the home AS-IS with no repairs in about 4 weeks.
Fishtown Frenzy (Sold!)
Before / After
Friend or Freeloader?
pENNSPORT
We purchased this home from another out-of-state owner who thought they had no where to turn…until they met DIME PROPERTIES. When the owner moved to Chicago a few years back, they rented the home to a friend. It was smooth sailing until the friend decided to overstay his welcome and not pay rent for months. After some hard work, we helped the former tenant figure out his living situation so the property could be delivered vacant. Soon thereafter, we purchased the property AS-IS with no repairs and paid ALL CASH, resulting in a quick and painless closing. The seller got rid of a major headache and we mailed her a nice big settlement check in Chicago. Talk about a win-win!
Nursing Home Neglect
PENNSPORT
Before / After
Bills, Bills, Bills
POINT BREEZE
One of our past Point Breeze client’s enjoyed working with us so much, that they referred us to their neighbor. When we met with this seller, she was fed up with all the maintenance and bills that her older house was causing her. She accepted our offer to buy the house AS-IS, and the rest is history! She even left behind a ton of trash which we gladly took care of (when we say as-is, we mean as-is). This acquisition marks our 3rd on this block in Point Breeze, where the neighbors continue to take care of us, because we take care of them.
Passyunk Flip (SOLD!)
This property was located just one block off of Passyunk Avenue in the heart of Passyunk Square. While we normally renovate properties for rent, this one was listed for sale and sold within one week to a nice couple who was expecting their first child.
Check out some of the “after” pictures!!
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Tiny House - Huge Renovation
Passyunk Square
One of our neighbors inherited this property from a friend whom they were taking care of. Unfortunately, the home was in terrible shape and just too much for them to maintain. The rear wall of the property was crumbling, there was a massive tree growing in the yard, and the house was literally falling apart. After several complaints from their next-door neighbors, and even a few fines from the city, they decided to sell it to us. We came in and made them an AS-IS offer with no repairs and no contingencies, and closed in 4 weeks time. After a massive renovation, we not only improved the block but helped the seller avoid a ton of future headaches.
Passyunk Flip (SOLD!)
Another investor introduced us to the seller of this amazing home right next to Pat’s and Geno’s. The seller wanted more space for herself and her pets, and couldn’t keep up with the maintenance of the older home. We worked out a deal that gave her enough money to purchase a larger home in the suburbs and the rest is history! She didn’t have to put another penny into the house before selling it to us. We renovated this home from top to bottom and ended up selling it in less than 10 days (during the beginning of Covid)! The new owners are a lovely young couple who will get to enjoy this amazing palace for many years to come.
Long Distance Failed Flip
Pennsport
We met this seller who was living in New Hampshire, but trying to flip this property from 400 miles away. After multiple headaches from contractors, architects, and other tradesmen, the seller decided it was time to move-on. After purchasing the partially renovated home, we picked up right where he left off and turned this ugly duckling into a real swan.
Our new tenants enjoy this beautifully renovated home located just a half block from Dickinson Square Park.
Check out some of the “after” pictures!!
(click each picture to scroll)
Passyunk Flip (SOLD!)
An attorney referred us to the family who inherited this property after their mother sadly passed. The family had an emotional connection to the house and wanted a buyer that would be easy to work with, but also pay homage to some of mom’s favorite parts of the home (she loved the exposed brick). We purchased the home with no contingencies as soon as the home was properly probated (which we also assisted with). We are still friendly with the sellers, and our buyers are ecstatic about their brand new home on this quiet Passyunk block.