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Live-Breath9799 t1_iubx36x wrote

Reply to comment by FITM-K in Anyone who recently sold real estate in the Augusta area by Revan995

First, I'm not supporting these corporations in any way. Do they use shell companies or hired people to buy the property where it goes back to them on the paperwork so people are not aware they are selling to a Blackrock or other corporation?

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FITM-K t1_iudb1qy wrote

It's possible, but I would guess not. They usually pay cash and above asking price; if someone offers that you should pretty much know it's either a corporation or some Chinese or Russian billionaire or something

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Greenleaf737 t1_iuj0fx7 wrote

I was talking to a realtor friend the other day in my busy tourist town, and he says it's mostly investors, and everyone knows. So it's not like the seller has no idea, most people just care about the $$.

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