Things to Look Out For When Evaluating Whether Your Cash for House Company is Genuine or Not
If you are looking to sell your property to a cash for house companies and are not sure if they are genuine or not, I would like to confirm to you that they are real. However, you must carefully select the firm to deal with to ensure that you are in the safest of hands on the market. Below are some of the pointers of how a legitimate or fake company are like.
Before telling cash for house companies to assess your home, look for their physical address and visit them. Tread carefully is the company has no registered physical address for their location, and enquire from neighbors how long a particular company has had their office in that area. Scammers do not like to stay in one place for long, and they usually have irregular working hours.
As you walk around their premise, look around for business permits and other testimonials that are usually hung on walls in an office. Take a close look at them and get their details in case you would like to verify if the documents are real or not with the concerned authorities like the chamber of commerce. A legitimate company will have all the necessary testimonials ready at any given time and do not have a problem showing them when prompted.
The first thing that cash for house firms normally do when you ask them to buy your home is usually to give you a call seeking information such as the age of your home, how many bedrooms it has, etc. Next, they send someone to assess the home physically. A company that is not real will want you to sign their contract based on the telephone conversation and might put you under pressure to sign it quickly. A genuine company evaluates your house, negotiates with you and when you both agree, they adjust their contract to include the information discussed.
Even if cash for house companies may not always give people the exact value they need for their homes, they do get close. It is typical for these companies to look for all faults they can notice to avoid paying much for your house. Nonetheless, a firm that is not trustworthy is one which makes you feel like you are giving away your home because they look for too many faults to go extremely low with their offer or one which tells you only what you want to hear.
A legitimate company will present a contract to you and give you sufficient time to go through it to make sure that you both understand each other. Read the contract carefully because scrupulous firms can leave out or include information that may rob you off. For instance, make sure that any outstanding mortgage will be settled at the close of the sale to avoid paying for the house after you have given it away.
Never let your guard down.