There are numerous legitimate real estate investors who are always
looking for property to buy regardless of its location, age, and condition.
If you want to relinquish your home in the shortest time possible, working with such an investor could be a good option. Although you will probably not get as much cash as you would have if you had listed your house for sale, you will have your transaction completed in a short period, allowing you to get started with your life if you are relocating.
That said and done, it is equally important to bear in mind that not all investors can be trusted. When you want to sell home fast Indianapolis, it is vital that you are aware of what you need to look out for so that you can work with a reputable home buying company alone.
Here are a few red flags you should always watch out for prior to working with any investor or company that offers to help you achieve the dream to sell home fast Indianapolis.
1. Giving an Offer Without Viewing Your House In Person
When it comes to buying a house, very few investors are willing to make a reasonable cash offer for the property without checking it first. This is often an essential aspect because it helps a home buying company assess whether the house you are selling fits the criteria of what they usually purchase.
If a home buying company in Indianapolis tries to offer cash for the home you are selling without seeing it beforehand, then you have every reason to worry.
And while such legitimate deals do happen, it could also be the easiest way to fall victim of a scam. And if you decide to proceed with the transaction, tread carefully and portray due diligence before putting your signature to indicate the transfer of ownership.
2. Paying with a Check
Another scam that some home buying companies will use is paying for your property using a check. And before the check has been cleared by the bank, they pull out from the sale and request for a refund of their money.
The buyer gives a refund of the money to them only for them to later discover that the check did not actually clear. This will end up with you being out of the cash you refunded with nothing for you to show in return.
Such a problem could be avoided by emphasizing on cash-only offers because you will have your money immediately the deal is closed.
3. Charging Application Fees
Legitimate home buying companies will not ask for any money prior to the sale. Instead, what companies like ours do is resell your home after purchasing it and earn our money through that.
You should always stay away from companies claiming that you need to pay an application fee or any other fees upfront. In most cases, such companies are usually trying to exploit homeowners who are desperate and who are looking for the easiest way to liquidate their home.
If you want to sell home fast Indianapolis, the best idea is to stick with cash-only offers if you need the money urgently. With the real estate market being incredibly vast, there are many scam artists who are always looking for homeowners to prey on.
Familiarizing with some of the common scams used by home buying companies can be the best way to protect yourself from a shady deal. You should also be on the lookout for red flags that could arise during the transaction.
You had better contact us if you want to sell your house fast that work with an individual with no scruples.