Tips For Identifying A Legitimate Cash Property Buyer.
Today the best option for any homeowner who wants to get cash quickly from their property is through a cash property buyer. Cash property buyers are buyers who purchase homes quickly for cash. These buyers take any house regardless of how it looks making sure that you get what is right for your house within a short time. However you need look for a cash buying company that is genuine. Below are guidelines to help you know if a cash buying company is legit or not.
Keep off from buyers who want to make a deal without knowing what your house is like. A buyer who does this means that they are inexperienced in this field and do not know how to go about the process. They will most of the time make an offer and then change it at the end of the deal. Dealing with this kind of a buyer can break a seller’s heart and even lead them to making desperate decisions. Make sure that your property is assessed by several realtors so that you have a clue of what it may cost. If the buyer offers to carry out house assessment ensure the surveyor is an independent candidate.
A legit buyer should give you a tenancy contract if you resort to renting back plan. This contract gives you the right to stay in the house you sold as a tenant. Ensure that you have agreed to the rental charges before you accept the deal. Most legitimate company will offer you a 12-month agreement which can be renewed, do not accept a deal for a company that offers a six-month rental agreement.
Check if the buying company has a solid and proven track record a well as having all necessary insurances in place. This aspects will help you identify a buyer who is legal. Wary from those buyers who demand transaction fees before the deal is over. A reliable cash buyer will handle all the legal fees and other payments involved in the deal.
Some companies exploit sellers by paying very little for the seller’s property. Most legit buyers will give you a price which is not more than 45% lower than the market value in which they will have catered for all the fees involved in the deal.
Legal buyers can spend some days until all the parties are satisfied by the deal. Scam buyers will want to hurry the deal and finish it even in less than a two days.
Though are in need of cash do not hurry into accepting very low prices. Get help from experts before you think of selling your property so that you make a sound decision.