811 N Roosevelt Ave, Fresno
$170K. Closed. Then squatters broke in and flooded the house. The seller walked away clean. We took on every bit of the risk — because that's what a real cash buyer does.
The Story
We bought 811 N Roosevelt Ave in Fresno for $170,000. It was a straightforward deal — a landlord who needed to exit, a property that needed work, and a fair cash offer that got everyone to the closing table without drama.
Then we closed. The seller got their money. We took title.
And then the squatters moved in.
What Happened After Closing
Squatters broke into the property after we took title. They accessed the plumbing and deliberately flooded the house. Significant water damage. A property that already needed work now needed a full remediation.
Here's the thing: none of that was the seller's problem. The moment we closed, the risk transferred to us. That's the deal. That's what "as-is, cash, no contingencies" actually means.
"I took on the risk so the landlord didn't have to. That's the whole point."
— Connor Morris, Alder Heritage Homes
We dealt with the squatters. We handled the remediation. We absorbed the cost. The seller had already moved on with their cash.
This is why the cash sale model exists. When you sell to a direct buyer like us, you're not just getting speed — you're transferring risk. The risk of what happens next, the risk of what the inspection finds, the risk of what a buyer discovers after moving in. All of it becomes our problem the moment we close.
N Roosevelt was a hard deal after closing. But it was the right deal for the seller. And that's what matters.
What This Means for Sellers
When we close, the risk is ours — not yours. No matter what happens next.
We don't come back after closing asking for credits, repairs, or price reductions.
Squatters, floods, fire damage, code violations — all become our problem at closing.
This is what 'as-is, no contingencies' actually means in practice.
A traditional listing buyer can back out or sue you after closing. We can't — and won't.
Is Your Fresno Property Vacant?
Vacant homes in Fresno attract squatters fast — especially properties with raised foundations, accessible crawl spaces, or unlocked entry points. Every day a vacant property sits unsecured is a liability. Call us today and we can help you secure it or buy it outright.
Call Now: (559) 281-8016Sell Without the Risk
When you sell to Alder Heritage Homes, you walk away clean. No post-closing surprises. No buyer backing out. No liability for what happens next. We take on the risk — you take the cash.