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Doing business with house-buying companies can mean selling your property to trustworthy home investors for reasonable profit. It can be the best way to sell your home quickly without making repairs or doing lengthy paperwork. However, like all industries, there are scammers who masquerade themselves as professional house-buying companies. The goal of these individuals is to purchase your property for dirt cheap. So how can you determine the difference between legitimate companies and scammers?

Outside the front door of a house.

Characteristics of house-buying scammers

Luckily, there are a few ways to identify house-buying scammers prior to making a sale. Before signing off your house to any company, take a look at our criteria and make an informed decision. Of course, the last thing you want is to sell your house for an unfair, rock-bottom price.

Vague professional presence

Firstly, how did you get in touch with these individuals? Do they have a website or online reviews? If they have cheap or free advertising – such as a vague handwritten roadside sign – try searching up their number. Additionally, if they don’t have a website or any online presence at all, that may be a huge red flag. It’s always best to verify that they’re a legitimate business before initiating a sale.

Poor communication skills

Secondly, how are their communications skills? Do they ask a lot of questions about the home, or do they seem uninterested in the details? Businesses that don’t try to learn about the property may not be interested in giving you a reasonable price. Instead, they may offer you a purchase price remotely. If they don’t even attempt to schedule appointments with you, don’t bother dealing with them. House-buying scammers try to purchase the property with little effort expended on their part.

To add on to this point, ask yourself if they’re pushing you to sell your home. Legitimate cash house buyers are speedy, but will never try to make the seller feel pressured into accepting a deal. The process should feel clean, professional, and stress-free. Did they hire an attorney to fast-track the transfer of title without consulting you? This is a huge red flag. Ideally, legitimate cash house buyers always consult with you throughout the whole process. House-buying scammers, on the other hand, will not give you time to think.

Iffy credentials

Thirdly, how are their credentials? We touch on this a little in the first point when we discussed reviews, but legitimacy goes deeper than testimonials. Can they produce the necessary financial documents needed? Or do they throw bank statements and vague account numbers at you? If they offer too much personal information on the “legitimacy” of their finances, they may be out to scam you.

Characteristics of legitimate house-buying companies

In this section, we will go over the general traits of a legitimate house-buying business. In the previous three points, we discussed professionalism, communication, and credentials. We’ll go over the same three criteria, and tell you how a good company presents itself.

Easy-to-find professional presence

To start off, legitimate cash house buyers often have a website or online profile to share their past reviews. They won’t hide themselves or their track record. A great indicator of a legitimate business is locality. Companies within the community know all about the area and aren’t likely to rip you off.

Great communication

Secondly, legitimate house-buying companies are incredibly transparent throughout the whole process. Before purchasing a home, they’ll always try to visit, whether by attending open houses or viewing the home multiple times. Of course, they’ll inquire about the property, including repairs needed, cosmetic changes made, the house’s history, etc. This is because cash house buyers truly love flipping homes and want to be well informed before committing to a sale.

As mentioned previously, a huge red flag of house-buying scammers is if they pressure you into a sale. Legitimate cash house buyers are only interested in doing business if you’re all in. They will never try to force you into any deal. Additionally, professional cash house buyers won’t contact you through a third party such as an attorney. One-on-one communication is important to legitimate businesses, particularly local ones.

Trustworthy credentials

Finally, be positive on the legitimacy of their credentials. If they can produce legal financial documents prior to making a purchase, they are legitimate. In fact, cash house buyers encourage you to ask them about the process and paperwork needed. Just like you, legitimate businesses are only interested in a streamlined, painless purchase. There should be a natural feeling of mutual trust and professionalism.

Selling your home in Macomb County? Deal with us!

On the topic of professional cash house buyers, consider doing business with us! We purchase property in the Oakland and Macomb Counties for a fair price. Please feel free to explore our website for more information. If you’d like a tentative cash offer for your home, you can do so on our home page. For inquiries or to do business, don’t hesitate to shoot us a call at (586) 200-1710.

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Cluttered living room with many tables, chairs, books, and knick knacks.

Selling your home can be a daunting task. If you’re trying to sell your home and not getting bites, there may be a few things at play. Here’s five property turn-offs that are driving house buyers away.

Your house is overpriced

How much are you selling your home for? Now, how much is it worth? Really think about this. If you knowingly stretched the price a bit, this may be why people ignore the listing. In fact, by overpricing your home, you likely cut out a whole crowd of potential buyers. People on the market for purchasing a home only tend to look in their price range. If you want a fair appraisal of your property, discuss with your real estate agent. By offering a reasonable listing, you’re opening your home up to a lot more potential buyers.

Your house has a weird odor

Truthfully, you might not even realize your home has an odor. You live there, after all. If you have pets, plumbing problems, or stale air, you likely got used to the smell and are unphased by it. That said, imagine yourself in the shoes of a potential buyer stepping in for the first time. There is no greater unwelcome surprise than a funky odor.

Speak to your real estate agent frankly about whether your home has an odor and what can be done. Be aware that curing odors may be costly. For example, you may need to replace your carpets or make structural repairs. If you plan on staging your home, try to keep windows open for fresh air circulation, weather permitting.

Your house is too cluttered

Bear in mind that you don’t have to be a hoarder to have a cluttered house. In the business, any house with misplaced dishes, lots of shoes on the floor, or even too much furniture can be considered cluttered. For more perspective, imagine you’re selling a desk. You wouldn’t post a picture of the desk completely covered with papers, pens, and food wrappers. Not only does that make the product unappealing, but you can’t properly see the dimensions and quality of it.

The gold standard is to have all countertops, tables, and floors as clear as possible. Too much furniture can make a room appear smaller. If staging your home, try to make the house seem clean and open.

Your house is not in good shape

If your home has obvious repairs needed, even small ones, this can be a huge property turn-off. Maybe your lawn is in disrepair, maybe there’s a few cracks in the wall, or maybe the floor is uneven. Any of these small factors shows potential buyers that the house needs fixing up. The last thing a prospective homeowner wants is to sink more money into a house after buying it. Discuss with your realtor what your options are. If there’s no financial wiggle room to make repairs, you’re in luck – skip to the bottom of this article for information about cash house buyers.

Your house is stuck in the past

You might see your home as charming, but potential buyers might see it as outdated. For example, if your home has decades-old wallpaper and appliances from the 80s, it will be understandably difficult to sell. Potential buyers, even those in lower price ranges, tend to look for more modern homes. Older homes can, again, feel like they’ll require costly repairs down the road.

Try to bring your home into this decade by updating walls and fixtures. If this isn’t an option, read further to find out about cash house buyers.

Need to sell your home fast without the hassle? Consider cash house buyers!

Cash house buyers aren’t phased by any of these classic property turn-offs. In fact, these problems are welcomed. We are interested in purchasing your house as-is – grandma wallpaper and all – for a fair cash price. We’ll take your home off your hands quickly and professionally, so you can make your profit and be on your merry way.

For more information about our services, feel free to scour our website and contact us for a fair cash offer. If you have any questions or inquiries, don’t hesitate to reach out!

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