Cash buying companies seem to be growing in number and visibility. You’re seeing ads on TV, billboards, and social media, and you may question if these companies are legitimate. It’s true that not all cash buyers are the same, so to evaluate whether you’re dealing with a legitimate buyer, there are some factors you should investigate.
A legitimate buyer will be transparent in how t buying and selling for cash works. The cash buying company should have a website that explains the process from beginning to end. And, there should be a phone number that you can call to speak to someone and ask questions.
Typically, a cash transaction begins with you. You can either fill out a form online or call the company with basic information about your property. Usually within 24 hours, you will receive an offer. There are no out-of-pocket expenses.
A legitimate cash buyer will make the offer with no obligation on your part. You are free to say no and walk away. The buyer may also explain alternatives to a cash offer, so that you can make an informed decision.
If you decide to accept the offer, you won’t be under any obligation to make repairs, fix up your yard, or clean up your house. Usually, the company will send someone to your home to verify the information you provided, but the condition of your home will not affect the offer.
The offer you receive may not be as much as you would ask for your home on the open market. But, keep in mind that if you sell your home the traditional way, you may not get your full asking price, especially if the home is not in prime condition. You will also have to pay commission to a sales agent and other closing costs.
Considering the expenses involved in selling your home on the market, the offer from a cash buyer is fair. What you are offered is the price you will receive, with nothing deducted.
The cash buying business is legitimate, and many more homeowners who want a quick sale with no obligations are taking advantage of a cash sale. If you have a home to sell, shop around and consider a cash sale as an option.
Do you have a house to sell in Northern Utah? Check out Utah Sell Now.