We were living in Hobbs, NM and I got transferred to San Angelo, Texas. As part of the relocation package my company paid for, if our house didn't sell within a certain time frame, the company would buy it...the housing market was glutted at that time with homes for sale, so the company ended up buying it.
I ended up getting transferred back to Hobbs a year later. The company offered a 10% rebate if you bought a home from their inventory...our home was still in their inventory, and we liked it, so I offered them less than they had paid me for it. Since the market was so bad, they took it...and paid me 10% of the purchase price to boot!
What was really nice was that during the time that they owned it, the roof had leaked, and they put on a new roof, replace the carpets, and painted it inside.
It felt like we were coming home from a really long vacation, and we had taken all our furniture with us. At least we knew where everything went.
I ended up getting transferred back to Hobbs a year later. The company offered a 10% rebate if you bought a home from their inventory...our home was still in their inventory, and we liked it, so I offered them less than they had paid me for it. Since the market was so bad, they took it...and paid me 10% of the purchase price to boot!
What was really nice was that during the time that they owned it, the roof had leaked, and they put on a new roof, replace the carpets, and painted it inside.
It felt like we were coming home from a really long vacation, and we had taken all our furniture with us. At least we knew where everything went.
