If you’re a homeowner, you might find yourself having to sell your home quickly. Whatever the reason, one of the best ways to sell your home fast is to sell your home to a cash buyer.
There are many companies that offer cash for homes out there, so how can you be sure that the company you’re considering selling to is legit?
While many cash buyers are reliable and operate in a manner that is completely above-board, there are some who operate unethically and even illegally. Doing your due diligence to check out the company will serve you well in the long run.
This blog will detail some things to look for when you’re working with a cash buyer.
Make sure they’re honest
The first tip, and maybe the most important, is trust your gut. Speak to the buyers and have a discussion about their business, experience, and previous customers. Any company who works in buying homes for cash will be upfront and honest with everyone they work with.
They should have clear communication and be willing to sit down and explain everything to you: Their offer, how they valued your home, how quickly they will work, who their investors are, and more.
Be weary of a company that tries to conceal important information from their clients. They could be hiding something.
If it seems too good to be true, it probably is
Many times, when selling your home for cash, the company buying your home from you will purchase your house for less than market value due to needed repairs or other factors.
If a cash buyer promises an amount of money that is higher than market value, watch out. That could mean that they plan to charge you extra fees, or even scam you by paying you in checks that won’t clear.
Ask for references
You would check out the Google Reviews before going to a restaurant, so why not when you’re considering selling your home? Always take a look at the reviews, website and social media of the company you want to work with.
If you’re working with a company with no online presence, there could be a reason for that. Bad reviews or overall poor customer experiences are more than enough to stay away from a company.
Work with a company who cares about your home
It may seem obvious, but if a company is solely interested in buying your home and can’t give you reasons on how the sale could benefit you, steer clear.
Every cash-for-homes company has worked with customers in all types of situations, so they are well-versed in how the sale can help you in your situation. Talk with them about the process and ask questions to ensure they aren’t just trying to get their hands on your property with no regard for you.
Don’t fall for upfront fees
Just like in traditional real estate transactions, no cash should be exchanged before the sale closes. If a cash buyer is asking you to pay fees upfront, do not trust them.
Should you sell your home for cash?
Selling your home for cash is a great option for homeowners who are interested in selling but don’t want to go through the listing process. Selling your home for cash adds speed, convenience and certainty to the home selling process – as well as fast cash in your hands.
Vetting the company you work with is vital to the process. That’s why at 4th Dimension Development, we’re always willing to sit down and talk with our customers. We value educating each of our customers about the entire buying process.
If you’re interested in selling your home for cash, give us a call today at (248) 622-8244 and we will work with you to understand your goals. We will work diligently to get your home off your hands quickly!