Elias didn't feel cheated. He felt traded. He had traded a massive amount of potential equity for the one thing the "We Buy Houses" industry actually sells: The Reality Check
The "Any Condition" model relies on the Investors typically offer 70% of the home's After Repair Value (ARV), minus the cost of those repairs. It is a business of margins and speed. They aren't looking for a home; they are looking for an asset with a predictable "spread." we buy houses any condition
"The bones are good," Marcus said, tapping his tablet. "But the HVAC is shot, the roof is at the end of its life, and you’ve got some serious settlement in the North corner." Elias knew this. What he didn't know was the number. Elias didn't feel cheated