Should I contact "Fast cash for your home" flyer?

Question

My mother passed away, left me her house which is clear of any mortgage or debt and now have to decide how to sell it?

I already have my realtor lined up and was wondering if i should call one of the numerous "we buy your house for cash" flyers which i have been receiving in the mail since my mother passed.

Comps in the immediate area for single family home with similar specs within 3 months ago are priced between $335K to $375k (zillow has single family homes with same specs ranging from $400,000 to $425000)

What kind of low ball offers should I expect?

Suggestions would be  most appreciated

Alex Huang · Answer

I'm sorry for your loss.

Honestly, you have this great network here at BP. I would try to connect with a few investors in the Chicago area and provide them with some pictures, etc and ask them for input. They'd know the market best and better prepare you for expectations.

Brie Schmidt · Answer

Sorry for your loss.  It is a time vs money decision.  Do you need the cash and don't want to deal with the headache?  Respond to the offers

Have a few months and want top dollar, list it.  Everyone has different needs/wants and there is a solution depending on what yours are.

I remember a podcast this summer, guy's mom passed away and inherited the house, he did not want to go in it or see it or deal with it.   For him the best decision was less cash and quick.

I just did a estate sale this spring, the family was fighting over top dollar so we listed it, even though they got $5k more than the buyer offered when it was off market 6 months earlier (it was a tear down and sat on the MLS for months) they needed to see that was all it was worth

Matthew Paul · Answer

They are wholesalers .  They will shoot as low as they think they can get it under contract for .

Should I contact "Fast cash for your home" flyer?

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