Debunking Wrong Assumptions About Cash Home Buyers Part 1
Selling a home can be an overwhelming task, which is why it is wise to explore all of your options before making a move. You may have heard about people who pay cash for homes in Winter Garden, FL but are unsure of their legitimacy. Don’t allow the misconceptions about cash home buyers cause you to automatically eliminate the possibility of working with one.
Just as there are bad real estate agents, there are also bad home investment companies, but much of the negative stigma surrounding cash home buyers is inherently false. In this two-part article, we will debunk some of the misconceptions about cash home buyers.
Cash Home Buyers Are Scammers
Many people think of cash home buyers as scam artists. They automatically assume that these individuals want to take advantage of them. Not all cash buyers are the same, and it’s up to you to do your due diligence before entrusting your home to anyone.
When evaluating a home buying company, consider the following:
- How long they’ve been in business
- Review your contract before signing
- Whether they are transparent about their process
- Their customer reviews
- Whether they quote fair cash offers
- Whether they have a physical office
- If they have an online presence (website)
It’s Too Good to Be True
Anytime people hear the phrase “fast cash” skepticism creeps in. Just think, it can take two months or more to sell a home. Factor in the home’s condition, the housing market in your area, and the season you’re selling in, and that period of time can fluctuate and increase. However, when you work with a professional cash home buyer, a lot of these factors and elements involved in a traditional real estate transaction are eliminated. This means that it is very possible for a cash home buyer to purchase your home from you in as little as a week.
In part two, we will discuss more misconceptions about cash home buyers.
Disclaimer: This website is not a substitute for legal advice. If you have a serious legal, tax, or other issue requiring professional advice, please consult with an attorney or CPA.