How to Tell if Your Cash for House Company is Real or Not
If you are interested in selling your home to cash for house companies and are wondering whether they are real or not, I would like to assure you that they are. However, you must carefully select the firm to deal with to ensure that you are in the safest of hands on the market. Here are some tips on how to ensure that you sell your house to legitimate companies.
Before you invite cash for house firms to evaluate your house, look for their physical address and go there. You should raise your eyebrows over a company without an office, and sometimes it helps to find out from the neighbors how long a business has been in operation. Scandalous traders do not maintain a location for long, and they do not have regular 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. Get a close look at them and get details which you could use to verify whether they are legitimate or not with the concerned authorities such as the chamber of commerce. Real firms will have no problems showing their testimonials when prompted to, and they are always ready for review.
Usually, the first thing that happens when you ask a cash for house company to buy your home is that you receive a phone call asking you for various details like the age of your home, how many bedrooms it has, etc. Next, they send their representative to evaluate the house. Dishonest companies will want you to sign their contract using the information they discuss with you on the phone. 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 do not always give you the exact value of your home, they usually come close. They typically look for flaws to make them pay less for your home. 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 your outstanding mortgage will be settled at the close of the deal to avoid paying for a house which you will have given away.
Always trust your gut.