We've purchased 200+ Long Beach homes. Here's what some of those situations looked like — the challenges, the timeline, and what sellers received.
Get Your Free Cash Offer →Every situation is different. Here are examples of what we've actually bought — with seller-authorized summaries.
Seller had an NOD filed, a non-paying tenant of 8 months, and a failed VCP sewer lateral flagged by code enforcement. Three other cash buyers passed. We assessed the tenant situation under LB's Just Cause ordinance, priced the lateral replacement accurately ($12,400), and closed in 9 days — before the trustee sale. Seller walked away with $41,000 after mortgage payoff and avoided foreclosure on their credit.
Three adult siblings inherited their mother's Bixby Knolls home. The property hadn't been updated since 1988 and was full of 55 years of contents. Prop 19 meant a $9,200 annual property tax increase for any heir keeping it. We walked through with all three siblings present, showed the comps and repair estimate on a laptop, and closed 16 days after the probate court order was filed. Each sibling received $112,000.
Seller's father had collected materials for 40 years. Floor-to-ceiling in every room. Four cash buyers declined to enter. We walked through with the seller, assessed the structure through the clutter (roof failure was visible, foundation had settled 2 inches on the west side), and presented a written offer the same afternoon. Seller took what she wanted and we handled the cleanout. Closed in 12 days.
A pending $28,000 special assessment made the building non-warrantable — no conventional lender would finance any unit. Seller had been on the market 4 months with zero qualified buyers. We purchased cash in 14 days. The seller kept the right to the prior-period HOA insurance settlement (a $7,200 allocation) as part of negotiations. Net outcome significantly better than continuing to carry the unit.
Active duty Army sergeant received PCS orders to Ft. Campbell with 28 days notice. We got a call on Monday, walked the property Tuesday, had a written offer by Tuesday evening, signed Wednesday, and closed 11 days later. Seller left all furniture (shipped only personal items). Funds wired same day as closing. Sergeant flew to Kentucky with the transaction complete.
The property was in FEMA Zone AE (annual flood insurance ~$6,800), had a failed VCP sewer lateral, and two open code enforcement violations for an unpermitted garage conversion and vegetation overgrowth. Two conventional buyers fell through at financing due to flood insurance costs. We purchased cash, factored all three issues as specific cost line items, and closed in 14 days.
Inherited properties at every stage — pre-probate, active probate, multi-heir situations, Prop 19 transitions. With Deukmejian Courthouse coordination where needed.
NOD through trustee sale. We move fast enough to help most sellers avoid the sale date if contacted with reasonable lead time.
Foundation failures, roof replacements, complete gut renovations, termite damage, water intrusion, code violations — all bought as-is.
Non-paying tenants, long-term holdovers under LB's Just Cause ordinance, Section 8 tenants, and properties with multiple units and mixed occupancy.
Non-warrantable buildings, special assessment delinquencies, reserve fund shortfalls, HOA litigation — situations that prevent conventional financing.
All condition extremes. We've bought properties with active black mold, partial structure fires, and 40+ years of accumulated materials. No judgment, no required cleanout.
Free cash offer in 24 hours. 5-minute callback. Zero obligation.