MoneyBug announces home acquisitions worth over one-billion dollars, plans for further nationwide growth
March 16, 2016 (PRLEAP.COM) Business NewsMarch 16, 2016 - Irving, Texas: With impressive numbers to support expansion and the recent premiere of multiple offices across the country, the home buying and property acquisitions company MoneyBug, has been busy and there is no stopping their momentum. MoneyBug is proud to announce they are expanding their reach nationwide and have purchased over 6,000 single-family homes coming to just over one billion dollars in real estate transactions. The Texas company was founded in 2008, and has shown an extraordinary knack for growth and innovation, and hopes to revolutionize the real estate market with their unique business model.
"For the last eight years, MoneyBug has reshaped communities by not only buying houses but by helping families in financial need," said MoneyBug's CEO Kurt Carlton "Every home we purchase helps not only lift a single family up to a better place but also lifts communities as a whole."
MoneyBug prioritizes to help homeowners who don't want to deal with the hassle of listing their home through MLS and traditional realtors, or just want an easy solution to sell their house fast. MoneyBug stands separately from other cash-for-home companies. Their unique ability to work quickly is shown when the property sale is closed in just seven days, while high-tech advancements provide homeowners with an instant cash offer for their home online.
If homeowners need to sell their house quickly, the representatives of MoneyBug are specially trained to work with their particular situation, and fulfill a guaranteed highest-possible cash purchase of their home. Even if the home has damage, MoneyBug will buy the house as-is, saving the homeowner time and money by not requiring any repairs be made before the sale. The purchase promotes fair deals where the homeowner has the advantage, and in fact shows benefit across the board. The property is renovated and resold after MoneyBug's acquisition, and this results in nicer neighborhoods that have appreciated in their value. This type of appreciation leads to a higher tax revenue for the county, and a higher revenue will ultimately bring better schools, roads, and city resources along with it.
"When we purchase a house in a neighborhood," Carlton explained, "that community knows it won't be a distressed property anymore. By the end of the process, there is a beautifully renovated home for a new family to enjoy."
MoneyBug recently announced their website was redesigned to be a premier resource for homeowners. The site innovatively grants homeowners an online cash offer for their home with just the input of their address. Without even speaking to a real-life representative of MoneyBug, the site's advanced online technology will search comprehensive property sources, and instantly return a cash offer based on proprietary algorithms.