How to Protect Yourself from “We Buy Houses†Scams
There are plenty of “” companies that are professional and reputable and can help get you out of a jam if you need to sell a house quickly. But beware, there are just as many companies, would be investors, that will steal your house and run. If you need to sell a house fast, here are a few rules for protecting yourself from these scammers. Work with Professionals, OnlyThe best way to protect yourself from scammers is to only work with professionals who have an established history of buying homes. Now days, anyone can order a book from the internet or an infomercial and become a "investor," The real professionals have been in business for many years and have closed dozens of real estate transactions. Their primary focus is the growth of their business, and they will not risk their business by cheating you or treating you unfairly. Check the Buyer OutIf you have any concerns about the buyer, check them out. Contact your states Real Estate Commission, Attorney General's office or your District Attorney's Consumer Office. If they are an established business, check them out with the Better Business Bureau. Always Read the Paperwork and Understand What You're SigningNot asking questions because you are afraid of looking stupid could end up costing you tens of thousands of dollars or maybe even your home. You don’t want to end up in a deal that wasn't what you thought it was. A lawyer, Realtor or even your mortgage company can help give you some advice. Never sign a contract that you don't understand. Get Everything in WritingIf a disagreement arises about a verbal agreement, the issue becomes your word against theirs and often must go to a court of law to be settled. All real estate contract must be in writing to be enforceable. Be Willing to Walk Away from the DealIf you have any doubts about the buyer or the contract just walk away. It's never worth the months of future headaches to sell your house a little bit sooner.There are several professional real estate buyers serving the and markets.
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