Express Homebuyers

In a sign of the times, I saw my first ad for Express Homebuyers last night. They promise that instead of your house languishing on the markets for months, they'll make you an offer within seven days of you getting in touch with them. Presumably it's not going to be a very generous offer, but "We realize that sometimes life has you in a bind and selling your home as quickly and painlessly as possible is often the best option."

Of course, for a large segment of people simply walking away from a home and a loan and leaving the question of what to do with the property up to the bank is a more attractive option.