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Florida Condo Repair Bill Soars to $36 Million, With Assessments Up to $320,000

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Cornerstone Homebuyers Broadens ‘Sell As Is’ Service Statewide in Florida

December 6, 2025
Florida house for sale with key in lock.
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Cornerstone Homebuyers has announced the expansion of its "sell house as is" service across the entire state of Florida. This move aims to address the growing demand from homeowners struggling with properties that are taking longer to sell, often due to the need for extensive repairs and lengthy listing periods.

Key Takeaways

  • Cornerstone Homebuyers purchases Florida properties in any condition, eliminating repair and listing timeline requirements.
  • The service caters to distressed properties, including those with code violations, fire damage, or inherited complexities.
  • The company offers a significantly faster closing timeline compared to the traditional market average.

Navigating a Challenging Florida Housing Market

The Florida housing market is currently presenting challenges for sellers. Data from August 2025 indicated homes were spending an average of 79 days on the market, with a substantial inventory of over 214,000 properties. This environment puts pressure on sellers who may lack the resources or time for property preparation.

Adding to these pressures, Florida leads the nation in foreclosure rates. Increased insurance premiums and HOA fees further strain homeowners, driving demand for alternative selling methods that can accommodate properties in less-than-ideal conditions.

Cornerstone Homebuyers’ ‘As Is’ Solution

As cash home buyers, Cornerstone Homebuyers offers a direct alternative to conventional real estate transactions. They specialize in purchasing properties with complex issues that often deter traditional buyers. This includes homes with permit problems, liens, unsafe structures, code violations, fire or water damage, mold issues, and even hoarder situations.

Ellie Verdura, Founder and CEO of Cornerstone Homebuyers, stated, "Our approach allows homeowners to sell their house without doing any home repair, showings, or extended market timelines." The company also handles inherited homes requiring probate and properties with difficult tenants or squatters.

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Streamlined Transactions and Certainty

Cornerstone Homebuyers typically closes transactions within 7 to 21 days, a stark contrast to the state’s average market time. This rapid closing process provides much-needed certainty for homeowners facing foreclosure, divorce, job relocations, or inheritance liquidation deadlines. The company generally covers standard seller closing costs and buys properties regardless of their condition, saving sellers from contractor expenses and preparation investments.

"Our service provides cash for houses in situations where other buyers walk away," Verdura added. "Whether dealing with code enforcement issues, family inheritance complications, or properties damaged by Florida’s storms, we structure solutions around each homeowner’s specific timeline and needs."

The direct sale model eliminates common hurdles in traditional sales, such as financing contingencies, appraisal requirements, and inspection-based renegotiations, which can cause sales to fall through.

Statewide Reach and Process

With 16 years in business, Cornerstone Homebuyers now operates across Florida’s major regions: South Florida, Central Florida, Southwest Florida, and North Florida. Homeowners can receive a cash offer by contacting the company or completing a form on their website. The offer evaluation considers property condition, market analysis, and renovation costs, with offers typically provided within 24 hours. Sellers can then choose their closing date.

The company facilitates transactions through licensed Florida title companies, managing all necessary documentation and closing procedures. They also coordinate with municipalities to resolve violation issues when required.

Addressing Complex Property Challenges

Properties often rejected by traditional buyers, such as those with foundation issues, outdated systems, roof damage, or extensive deferred maintenance, are prime candidates for Cornerstone Homebuyers’ service. They also assist with properties entangled in foreclosure proceedings, tax liens, or title disputes.

"Our mission is to provide Florida homeowners with an alternative option to sell their home when speed, certainty, and simplicity matter most," Verdura concluded. "We handle the complexities so sellers can move forward with their lives."

Cornerstone Homebuyers, established in 2009, is a Miami-based real estate consultant and property investment company known for its direct cash sales of single-family homes. The company holds an A+ Better Business Bureau accreditation.

Sources

  • Cornerstone Homebuyers Continues Expanding "Sell House As Is" Service Across Florida, Markets Financial Content.

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