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What does everyone think of these "home buying" companies?

Asked by calvinette (303points) June 5th, 2009

My husband and I relocated for a new job in another state, where we are renting an apartment. Ten months later, we still have not sold our old house, and our real estate agent dropped us like a bad habit. Not even a phone call. Our situation is increasingly impossible… mortgage, rent, homeowners insurance. I’m tempted to call one of these companies that buy up houses that can’t sell. I know we’ll take a hit, but even if we use a real estate agent, we’ll be taking a bath on this thing. Any advice?

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