These days you have to be concerned with scams everywhere. On Craigslist, Facebook and everywhere you turn. Unfortunately the same thing applies to "we buy houses" companies. So how do you ensure you are dealing with a legitimate company? That's what we are about to cover :)
Legitimate We Buy Houses Companies
You have probably seen all of the signs on the side of the road "We Buy Houses". But how do you know if that company is really legit? The first thing - is it a hand written sign? If so, if they don't have the money to pay for a nice custom sign do they really have the money to buy your house??
Do An Internet Search
Can you easily find them on the web? After you call one of those we buy houses signs and get their information, do yourself a favor and Google them. Do they have a website? Can you find who the owners are of the company? If not, you may want to think twice about using them.
The next thing is reviews and do they answer the phone? This was covered in a good article from Active Rain:
A couple notes on reviews. Customers with a bad experience are 10 times more likely to leave a bad review than a satisfied customer. Also, even with careful monitoring, some companies pay for reviews, so always take them with a grain of salt.
Reputable Companies That Buy Houses For Cash
Now are they really cash buyers? And are they giving you a written Purchase And Sale Agreement, or is it just a verbal offer? Susan Jones has some good info on this:
We have had customers in the past that have run into the first problem of unrealistic high offers only to try and drive down the price before closing. This is a real problem when someone needs to sell in a hurry and either has to sell the property to them for a lower price or has to hold on to the property longer. This is why we always recommend that no matter who you are dealing with, you get a signed Purchase And Sale Agreement when selling your house.
Summing It Up
When ever you have to sell a house quickly and are looking for a legitimate "we buy houses" company, do your homework and make sure you know who you are dealing with. The two biggest things is search the web and make sure when you do find one that they give you a written Purchase And Sale Agreement and not just a verbal offer.
If you are searching for a reputable we buy houses company in Metro Atlanta, be sure and contact us, Mandich Property Group for a free, no obligation to you offer on your house at (770) 756-8680. We would be more than happy to speak with you and buy your house! :)
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