Things to Know Before You Sell Your House for Cash

It is not uncommon to see signs posted on street corners, on flyers and even ads on tv telling you that someone will buy your house for cash. When you need or want to see your house sell quick these may be good options to consider.

Selling your house to a cash buyer can provide benefits like:

• Cash in your hands within days. No long waits for financing approval.
• Save money. Skip expensive repairs.
• Keep your privacy. No open houses!
• Get it over and DONE! Be free to move on to the other details of life. Like buying or renting a new home, moving & taking care of the family.

As appealing as these advantages may be, there are also reasons to be cautious. When you find someone who wants to buy your house for cash, don’t get distracted by the allure of quick cash. Take some time to do your research. This does not have to be a difficult process but it may save you some time, frustration and money later.

Before They Buy Your House for Cash,

Know Your Investor

First, make sure you are dealing with someone who has enough experience to have made plenty of errors before working with you. Investors aren’t required to have any formal education, training or a license. They are usually self-taught. They learn by doing. That is trial and error. Before they buy your house for cash visit their website. Read the content and references. This will help you to avoid becoming involved in the error part of their education.

By reading the content you can see how knowledgeable they are in their field, what others have to say about working with them, and how much experience & success (or failures) they have under their belt. Many of your questions can be answered by reviewing the FAQ page on the website.

You may also want to consider whether they are local. An investor from across the country will not be likely to be concerned with matters affecting your neighbors or community. How many movies are based on out of town investors wanting to come in and make changes that nobody wants, except them? Skip the drama and involve a local investor.

Once you have looked at the website and are satisfied with their experience and references; pick up the phone and have a brief conversation. Are they friendly? Do they have answers to your questions? This does not obligate you to sell your house for cash to them.

Be aware if they talk in circles repeating themselves or giving you the same information over and over. Often bad investors will do this and hope you just give up, quit digging for information and ultimately make an uninformed decision in their favor. Don’t be their fool.

Do not deal with any investor wanting you to pay fees upfront. Unless you just LIKE giving away money! The idea here is to get your house to sell quick and put cash in your pockets.

Cash In your Hand