Homeowners are getting those calls and letters.
They start something like this:
“I want to buy your house for cash. There will be no commission, and you don't have to clean or paint or do anything. We will buy it AS-IS without inspections, without repairs, and a fast settlement."
It is tempting to an uninformed homeowner, especially when there is no family around to advise and guide.
Several times a month, I will get a call from a homeowner asking my opinion on these calls and mailings.
In a fast market, people may be leaving substantial amounts of dollars on the table. The savings are stressed but not how much more they could sell their home in this market.
When it sounds too good to be true, take heed.
We find this happening to homeowners who have been in their houses for decades. They remember what they originally paid, and they are offered a number (multiple times their original purchase) that sounds good, especially with cash and no repairs. They are convinced it is a good deal and how much they are saving.
But how much may they be losing?
Talk to a trusted professional.
Talk to your family!
Do you have any idea what homes are selling for in your neighborhood? Do you see additions, construction, or even demolition in your area. Are new homes going up replacing those existing ones?
And how much are they re-selling for?
Where are these new “buyers” from…maybe areas where prices are substantially higher. Your home looks like and may very well be a terrific bargain in comparison.
Please don’t be naive when it comes to selling. Who is really behind that two-page offer with lots of handwritten changes? Before you sign anything, get professional advice.
Want to know a fair price?
Then talk to a trusted professional. Find out if the offer is legit. Is there an unknown investor buying just for your land?
There is no fee to talk to a Realtor® and find out these answers.
It may be too good to be true.
Questions about selling your home…
call Margaret Rome