You see them everyday as you are waiting at the light. Can I really make a steal on that
house? Will they really pay cash upfront for my house in only a few days? Well, what do you
think? The old adage, it seems too good to be true, is well, true.
These are scams, normally perpetrated by con artists and thieves.
Take a look at this PSA from the Santa Clara County DA's office, and see for yourself.
There have been many real estate scams over the years (swamp land, anyone?), and there will continue to be.
Make sure you discuss any sale of purchase with a licensed Realtor.