6 Top We Buy Houses for Cash Companies in Delray Beach
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- 15 min read
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Adrian E. Hirsch, Contributing AuthorCloseAdrian E. Hirsch Contributing Author
Adrian E. Hirsch is a South Louisiana interviewer, writer, editor, blogger and scriptwriter. She’s covered the region’s unique lifestyle, landmarks, architecture, art, antiques, food, music, pets and healthcare issues for the Los Angeles Times Syndicate, New Orleans, Memphis and Gambit magazines among others. Having bought, sold and built homes, she’s survived the whims of the market, contractors, kids, rescued cats and dogs—not to mention hurricanes, erosion and termite invasion. Her real estate reporting aims to help families find the right home and maximize the potential of that major investment.
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Richard Haddad, Executive EditorCloseRichard Haddad Executive Editor
Richard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
Homeowners in Delray Beach sometimes face unexpected life challenges that necessitate a quick sale. Job relocations, changes in family circumstances, and unforeseen expenses place residents in a difficult position, where traditional selling methods may be cumbersome. In these situations, We Buy Houses Delray Beach companies prove invaluable.
These businesses provide a straightforward, hassle-free solution for obtaining cash without the usual complications. There are no repairs required, no open houses to conduct, and no waiting for buyers to secure financing. Instead, sellers receive a prompt and fair cash offer, enabling them to transition to their next chapter smoothly. If you are experiencing a sudden life change and require a swift sale, these companies are worth considering.
However, before you request a cash offer, it’s important to understand how much a Delray Beach house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving.
Working with house-buying companies in Delray Beach
We Buy Houses companies in Delray Beach typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. These house-buying companies have polished their processes to help sellers who need to move ASAP, and tend to target distressed homes in need of repairs.
Here’s an overview of the process of selling your house for cash:
- You request an all-cash offer. The company will ask you to provide information about your house and property. Some We Buy Houses groups will make a preliminary offer shortly after you submit the request. However, the initial offer is typically subject to change after they have inspected your home.
- The company performs a walk-through. This on-site property visit is typically completed within 24 to 48 hours, but the timeframe may vary depending on the company and market.
- You receive a firm offer. You’ll get your official cash offer within 24 hours of the on-site visit, but the company representative may also present it at the end of the walk-through. At this point, you can accept or decline the offer. The majority of house-buying companies do not negotiate. They usually present a take-it-or-leave-it sale price.
- If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies will initially provide a large deposit or funds to assist the seller with moving costs. Others will pay for the property upfront.
- Close the sale and get paid quickly. We Buy Houses companies can typically close your home sale within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.
Popular We Buy Houses for Cash companies in Delray Beach
If the quick process of selling to a house-buying company in Delray Beach sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your parents’ two-bedroom, two-bath villa on the golf course or mid-century modern located by I-95. By working with one of these companies, you should be able to sell your Delray Beach home in as little as a week or two.
FL Cash Home Buyers, LLC
Founded in 2011, Florida Cash Home Buyers has successfully closed over 800 property transactions across the state. It purchases houses in all conditions, price ranges, and locations throughout Florida.
Focused on simplicity and convenience, the team provides cash offers within 24 hours and even offers early fund advances when needed. Homeowners can choose their own move-out dates, highlighting the company’s flexible, client-first approach.
Locations: Throughout Florida, including Delray Beach
Closing costs: Sellers pay no closing costs; FL Cash Home Buyers covers them.
Known for its commitment to ethical standards, FL Cash Home Buyers, LLC holds an A+ rating with the Better Business Bureau (BBB) and has been accredited since 2015. With over a hundred positive Google reviews, its business profile has an average rating of 4.9 out of 5 stars.
Past customers spoke highly of the employees’ attentiveness, responsiveness, and ability to answer questions and work around the seller’s schedule. Moreover, they reported that the closing process was fast and simple, even if sellers were dealing with difficult circumstances.
Website: floridacashhomebuyers.com
Phone: 954-519-7040
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Delray Beach (and across the country) can request a cash offer for their home. It has one of the largest networks of cash buyers in the country, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.
This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Florida. With the platform, you can get an all-cash offer in 24 hours and sell your home in as little as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Delray Beach, Florida
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it received BBB accreditation in 2019 and now maintains an A+ rating. The company has 4.6 stars on Google based on more than 500 user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
Freedom Cash Home Buyers
Founded in 2017, Freedom Cash Home Buyers prides itself on having no hidden fees or closing deductions in its transactions with clients. The selling process begins when you speak with a representative over the phone and provide information about your home and needs.
After evaluating the property, an employee provides an offer over the phone. Once you accept the offer, you’ll be asked to sign a contract. Typically, you receive your cash 10 to 20 business days after signing.
Locations: Throughout Florida
Closing costs: Freedom Cash Home Buyers covers closing costs with the exception of property taxes and mortgage balance.
Accredited by the BBB since 2017, Freedom Cash Home Buyers currently holds an A+ rating from the bureau. It has various positive Google reviews, making for a 4.9 out of 5-star rating. Several clients mentioned the employees’ quick responses to calls and emails and their ability to answer questions truthfully. Sellers also reported a simple closing process, even if a home was in poor condition.
Website: freedomcashhomebuyers.com
Phone number: 877-356-4651
The Friendly Home Buyer
As a professional house-buying company, The Friendly Home Buyer specializes in providing a quick and hassle-free selling experience. The process begins with an initial phone call to gather property details, followed by a fast cash offer.
In certain cases, the team buys properties sight unseen, helping speed up the transaction even more. Sellers can expect to close in as little as two weeks, making it a convenient option for those who need to move fast.
Locations: Delray Beach and other neighboring locations, such as West Palm Beach, Jacksonville, Homestead, and Fort Lauderdale
Closing costs: Sellers pay no closing costs; The Friendly Home Buyer covers them.
The Friendly Home Buyer has been BBB accredited since 2017 and holds an A+ rating. Its Google Business Profile earned an average of 4.8 stars out of 5, with reviewers commending the team’s professional and friendly service, as well as patience, honesty, and knowledge of real estate.
Customers expressed their satisfaction with the stress-free sales process. In fact, some engaged the company more than once, as the staff delivered excellent services.
Website: thefriendlyhomebuyer.com
Phone number: 888-713-9158
Homeinc
Homeinc brings over 70 years of combined experience to the table and has purchased hundreds of properties throughout Florida. Their portfolio includes everything from single-family homes and condos to mobile homes, multifamily units, and vacant land. They’re also willing to buy properties with legal hurdles, like liens, code violations, or probate issues, and those in gated or age-restricted communities.
Known for their speed, Homeinc can close deals in as little as five days. Their depth of experience and flexible approach make them a reliable choice for sellers facing complicated real estate scenarios.
Locations: Properties purchased in Georgia and Florida, with Fort Lauderdale and Miami offices
Closing costs: Sellers pay no closing costs; Homeinc covers them.
Securing a BBB accreditation in 2021, Homeinc has earned an A+ rating from the bureau. It has 4.9 out of 5 stars on Google, reflecting the company’s commitment to excellent customer service.
The reviews identified many individual staff members as being detail-oriented, knowledgeable, responsive, and friendly. Past clients also expressed their delight with closing within two weeks of signing the contract and the team’s ability to exceed expectations and execute a stress-free sale.
Website: homeinc.com
Phone number: 888-850-2636
House Heroes
Since 2013, House Heroes has been buying homes directly and offering sellers a faster, easier option compared to the traditional market. By working directly with their team, homeowners can avoid repairs, agent commissions, and the delays of listing a property.
The company delivers cash offers within 24 hours and allows sellers to choose their ideal closing date. With a simplified, no-hassle approach, House Heroes focuses on making the home-selling experience as stress-free as possible.
Locations: Throughout Florida, including Delray Beach
Closing costs: Sellers pay no closing costs; House Heroes covers them.
House Heroes has held BBB accreditation since 2017 and proudly maintains an A+ rating, reflecting its strong reputation for ethical business practices. Clients often describe the team as reliable and compassionate, particularly during emotionally difficult sales.
Some homeowners recounted how the team stayed dedicated through a complicated inherited property deal, offering steady support from start to finish. Sellers consistently highlight the team’s professionalism, friendly attitude, and expertise, which help make the entire process feel smooth and stress-free.
Website: househeroes.com
Phone number: 954-676-1846
Why sell your Delray Beach house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Delray Beach, selling a home on the open market using an agent typically takes around 119 days. That includes an average of 78 days on market, from listing to signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Delray Beach, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
These companies are growing in popularity, especially for sellers who do not have the typically required long weeks or months to prepare, market, and close on a traditional home sale. Let’s look at some of the most common reasons Delray Beach sellers decide to use a We Buy Houses for Cash company over listing a property the traditional way.
- Extensive property damage: The home has significant repair issues that are common in Delray Beach, such as foundation problems, termite infestation, or roof leaks.
- Costly, time-consuming fixes: The seller doesn’t have the necessary funds or desire to make home repairs.
- Sudden life transition: The seller needs to cash in quickly or move ASAP due to a divorce, medical need, financial strain, job relocation, or some other pressing family or life change.
- Traditional home sale hassles: The seller doesn’t want the stress, work, or headaches of prepping the home, coordinating showings, negotiating, or navigating a lengthy or complex sales process.
- Discreet sale preference: The seller desires the privacy of selling their property quietly off-market to a cash buyer.
- Foreclosure solution: The seller is facing foreclosure and just wants to sell the home and settle their debts with the lender before the situation (or credit history) gets worse.
- Unwanted inheritance: The seller wants a convenient and fast way to unload an inherited property.
- Landlord fatigue: The seller is a landlord who no longer wants to manage a rental property or wants to relieve themselves of a problem tenant.
- Downsizing transition: The aging homeowner has decided to downsize and move in with a relative or into a care facility, prompting their family to sell the property for convenience or to help fund the move.
- Remote home sale: The seller is living out of state and desires the benefits of an easy, quick cash sale, which eliminates the need to travel back and forth.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a We Buy Houses company might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Delray Beach
We Buy Houses for Cash companies offer speed and convenience, but you might be concerned that you’re missing out on lucrative home sale opportunities. In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better weigh your options.
Pros of We Buy Houses for Cash in Delray Beach
One of the biggest advantages of working with We Buy Houses for Cash companies in Delray Beach is that you can sell your home as-is with no repairs required, and they’ll buy homes in any condition.
If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.
Here are some other pros to consider:
- Fast transaction: You can typically sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer with few or no contingencies. We Buy Houses companies have refined their transaction methods to remove many traditional roadblocks so sellers can plan with more confidence.
- No repairs: Again, if your home is in need of repairs you can’t afford, you can skip them altogether. Or, if you don’t have the desire or time to tackle repairs, a We Buy Houses company can be a fitting solution to sell a home in poor condition.
- Less hassle: You won’t need to worry about showings, open houses, offer comparisons, negotiations, low appraisals, or the risk of the buyer’s financing falling through. When you work with a reputable We Buy Houses for Cash company in Delray Beach, you’re likely going to experience a smooth journey from offer to close.
That all may sound pretty great to you as a seller if you’re looking to move within weeks rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with Cash-For-Homes companies. Namely, they typically offer substantially below market value for your home.
Cons to We Buy Houses for Cash in Delray Beach
When considering an offer from a We Buy Houses site, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment.
Here are some potential downsides to weigh:
- Lower-priced offers: Most companies follow the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), the value that your house could sell for on the market once it’s all fixed up, then deduct repair costs. This means the cash offer you receive may be markedly lower than what you could get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying company’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables the company to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- Untrustworthy company: As with any industry, there’s a risk of falling in with a less trustworthy company. Some cash-offer outfits deliberately make low offers to desperate homeowners. An unprincipled group may even engage in fraud, though it’s rare.
- Pressure tactics: We Buy Houses for Cash companies know that homeowners in need of a quick sale are often facing a dire situation. While many offer real solutions, some companies take advantage of this urgency by applying pressure tactics. If you feel pressured to accept an offer, step away and reassess your options. There are a good number of established We Buy Houses for Cash companies in Delray Beach to choose from.
Your home is more than a place where you make memories with family, as it’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you don’t take into account all possible selling approaches.
Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.
Vet cash buyers and know your home’s worth
For many home sellers, We Buy Houses for Cash companies can be a solid solution to selling a property quickly or accessing cash for an unexpected life challenge. On the other hand, the cash-for-your-home rehabbing business model has also led to what some housing advocates call predatory tactics.
The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.
If you are considering a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
Get a home value estimate
Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then compare cash offers to what a top agent might be able to get for your home.
HomeLight can connect you with a top-performing agent in Delray Beach. You can also use our free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.
Other options to sell your home quickly
Working with iBuyers
Within the Cash-For-Homes industry, you’ll encounter a particular group of companies known as instant buyers or iBuyers.
These businesses offer sellers many of the same conveniences of other house-buying operations, but they also leverage automated valuation models (AVMs), which use algorithmic technology to apply historic and current market data to their estimates. These tools allow iBuyers to make a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.
iBuyer companies can close a sale in a matter of days to a few weeks. However, unlike typical We Buy Houses for Cash companies, they generally seek out homes that are in better condition and usually pay closer to market value, typically in the 90% range.
When considering the iBuyer option, it’s important to note that major iBuyer companies like Opendoor and Offerpad typically charge sizable service fees that can range between 5% and 6% of the home’s sale price.
Sellers who may be a good fit to work with an iBuyer in Delray Beach include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.
Listing with an agent
If your home is in a seller-friendly housing market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
What’s more, using an agent typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This market report gives insight into the home’s value, as it evaluates a house’s size, features, location, age, and other details in relation to similar properties that have recently sold in the area. A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell.
In addition, an experienced agent who knows your market may even be able to connect you with buyers who are willing to provide you with a cash offer that’s closer to your home’s market value.
Many agents will provide a CMA for free, with no obligation to list your home with them. It can be a valuable tool to weigh your options. If in the end, you decide to sell to a house-buying company, you can proceed with more confidence, knowing you fully examined your options and made a sound financial decision.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Delray Beach house-buying companies
By and large, most We Buy Houses for Cash companies are legitimate organizations. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident it’s legit.
That said, as with any financial transaction, it’s a good idea to be on alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value, then deduct their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your 1980s-style, split-level Delray Beach condo with covered balcony and lake views could sell for $430,000 after repairs, but it’s going to need $25,000 of work to get there.
($430,000 x .70) – $25,000 = $276,000
In this example, a Delray Beach We Buy Houses company might offer you around $276,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a We Buy Houses for Cash company you will likely be coming to grips with a two-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once the offer is accepted. On the other side, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move).
We Buy Houses for Cash in Delray Beach vs. top Delray Beach agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
Aspect of the sale | Sell to a We Buy Houses for Cash company in Delray Beach | Sell with a top Realtor® in Delray Beach |
Selling timeline | 7 to 30 days | 119 days average; 78 to attract an offer, 41 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
Showings | None | 10 to 25 showings on average |
Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-for-homes companies often handle title issues | Must clear the title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 3% to 6% of the home’s sale price |
Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s commission |
Example net proceeds
Below, we’ve put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your Mission-style, waterfront home in Delray Beach is currently worth about $405,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $430,000.
Sell to a We Buy Houses for Cash company in Delray Beach | Sell with a top Realtor® in Delray Beach | |
Estimated sale price | ($430,000 x .70) – $25,000 = $276,000 | $405,000 |
Market preparations | 0 | $4,050 (1% of the sale price) |
Agent commissions | 0 | $12,150 (3% of the sale price) |
Closing costs | 0 | $6,075 (1.5% of the sale price) |
Estimated take-home for seller | $276,000 | $382,725 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Fast, convenient sale: We Buy Houses for Cash companies in Delray Beach can help you sell your home in as few as seven days with no repairs, open houses, or showings.
- Due diligence: There are a number of reputable Cash-For-Homes companies serving Delray Beach, but it’s important to vet each potential partner carefully to ensure they align with your selling objectives and needs.
- Quick sale alternatives: Using a We Buy Houses company could mean leaving a significant amount of money on the table compared to an agent-assisted or iBuyer sale.
- Legitimate cash buyers: HomeLight’s Simple Sale platform provides no-obligation, all-cash offers for homes in almost any condition in Delray Beach. Because the platform has partner investors with different buying parameters across the region, it can be a great starting point if you aren’t sure who would buy your home.
House-buying companies can be a good alternative for Delray Beach sellers in need of a quick home sale, but it’s important to consider both the benefits and drawbacks. When it comes to selling your home, it’s wise to avoid making any hasty decisions.
Before making a commitment to a Cash-For-Homes company, gather multiple offers and take the time to weigh your options. Consider consulting with a top agent for expert insights on how soon and for how much your property might sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs.
Editor’s note: This post is for educational purposes only. Links to and mentions of Delray Beach area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
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