Have you seen the road-side signs that state “WE BUY HOMES” ? These individuals may be investors looking to buy your home for 40-50% below market or real estate agents looking for leads. Either way you will be giving up more than you think.
You are a target if any one of the following apply to your situation:
In all fairness, although these investors are taking advantage of a distressed seller, some legitimate investors are providing a service to the community by turning houses in disrepair into $100K-200K houses.
You are a target if any one of the following apply to your situation:
1. Did You Receive an Unwanted Inheritance?
2. Are You Behind on Payments?
3. Does Your Home Need Repairs?
4. Are You Having an Estate Sale?
5. Are You Making 2 House Payments?
6. Is Your Property in Foreclosure?
7. Do You Owe Liens?
8. Are You Getting Divorced?
9. If You Job Forcing You to Relocate?
10. Do You Have Bad Tenants?
11. Has your Listing Expired?
12. Do You Have a House Vacancy?
If you answered “yes” to one of these questions you may be ripe for predatory real estate practices by brokers, investors and or real estate agents. They will offer fast cash, no real estate fee and no closing cost. But what you need to know is what will you be giving up. It is usually all of your equity. Before selling your home consult with a reputable real estate agency.In all fairness, although these investors are taking advantage of a distressed seller, some legitimate investors are providing a service to the community by turning houses in disrepair into $100K-200K houses.
Posts
