Saturday, September 21, 2019

Legit House Buyer for Cash

Can Investors be trusted

 

Unsolicited Offer to Purchase Property:

Who are they?

Who is sending me all of these postcards and letters? Short answer, Cash Buyers or investors. They can range from small one-man shows to large corporations like Open Door. They all have one goal, buying homes below retail. Cash house buyers want 1 of 2 things. Either, buy the home for rentals it out or buy the property to fix and flip it at a profit. They often send marketing material to homes like Pizza Hut or the local cleaners does. With the hopes of finding a homeowner looking to sell. HGTV has made everyone an expert on the topic of flipping houses. But they are not. They may seem legit but are they? With fake house buyers and houses scam galore, how can one be sure?

  • Are they a reliable property buyer
  • Are they a legit home buyer
  • Are they a real cash buyer

All of the above are relevant questions. But, how did they get my information anyway? Pubic records and big data companies are the most likely candidates. In the majority of cases, investors have no idea if you are looking to sell your house or not. It's just the best way to reach the most people. You may be thinking, how can I stop the letters? Through them in the trash, like you would coupons you don't use.  

 

Benefits of Selling a House for Cash:

Are they worth it?

For some people, the postcard is a God sent. Life brings situations that are at times more than we can handle. Whether it's from back taxes, divorce, probate, lots of repairs, inheritance, or even a tired landlord. If you are looking for:

  • Legit purchase of your home
  • A legitimate cash offer
  • Avoid fake house buyers

Give them a try. Most can close quick and offers legitimate solutions for those in need. I recommend 6 Minute Offer in Kansas City. Cash offers are generated after a short conversation about the property. They are a name you can trust that will do right by you. 

The cash buyer option is not right for everyone. Only about 5 percent of sellers will sell to a cash buyer. Typically, those sellers are willing to trade a little bit of equity for speed and convenience. Ifs that sounds like you give it a shot.

 

Process for Selling House for Cash:

Is this the best option for me?

So, let us say dealing with an investor is an option for you. Now what? The buying process is broken up into 3 stages. They are qualification, home inspection, and the closing. Allow me to break them down further

 

Step 1

Once you have made contact with the cash buyer to see if your house a good fit for them. This is the time when you provide any details about your home you think they should know. The more information you can provide the better the cash offer they can give you. If at any point you don't feel comfortable its ok to say NO THANKS. You don't have to do business with someone you don't like, know, or trust. If you both agree that this might be a good fit an inspection at the home will be scheduled.

 

Step 2

During the inspection, you will show the buyer around the interior and exterior of the home. The cash buyer will be taking lots of notes and pictures while the tour is given. After the viewing is done, the real estate investor will formulate an offer based on the condition and location of the home. Then if price and terms are agreed on, a contract will be signed and earnest money sent to the title company.

 

Step 3

No the moment we have all been waiting on has arrived, payday! The closing is pretty straight forward. First the buyer wires in their money 24-48 hours in advance. Then the buyer comes in sign and then the seller does the same. This is done to ensure when the seller signs profits from the sell can be released immediately. And just like that, it is over.

 

If you think this would be a fit for you give 6 Minute Offer a call today at (816)281-5141. We the #1 for companies that buy houses. Look forward to hearing from you soon. Please share this post with others. Thanks 

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