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Find a reputable cash for home buyer business: For many homeowners struggling with a looming foreclosure, teaming with a cash for home buyer program makes the most sense. These companies offer a fair price that they pay in cash for homes in various stages of foreclosure. Additionally, these companies will also purchase properties in various states of disrepair and/or are located in potentially undesirable neighborhoods. Other benefits of working with a cash for home organization include no need to wait on bank loan approvals, no additional closing fees and a speedy closing date.