How to Spot a Trustworthy Cash Buyer
It’s not uncommon to find cash home investors in the Greater Sacramento and nearby Placer/El Dorado County markets. This is a great area, and for home buyers, that means that it is a place that they can safely take risks on purchasing all different types of properties.
But there are also some less-than-reputable cash buyers hoping to scam homeowners into selling a home that for less than they deserve, and others that find ways to add costs onto the buyer after the home has sold. It helps to know what to look for in order to make sure you are working with a trustworthy home buyer.
Tips to Spot a Trustworthy Cash Home Buyer
- When There is No Pressure – Cash home investors should also be providing a service: to help people sell their home fast when they need to. Trustworthy cash buyers don’t pressure sellers. They are there to offer their honest quotes, and it’s up to the seller if they want to accept.
- When They Have Real Estate Experience – Popular TV shows have attracted investors hoping to “flip houses” for a profit. But because some of these investors have little real estate experience, they prioritize paying the least amount that they can to protect themselves from loss. Those with real estate experience – especially assessment experience – are more likely to provide accurate and fair quotes.
- When The Buyer Is Local – It’s critical to know the local area in order to provide an accurate and fair quote. National home buyers have to get the lowest rate they can to decrease their losses. Local real estate professionals and cash investment companies know exactly how much a home can be worth both before and after
- When You Feel Comfortable – You should always feel comfortable when making such a big decision with your largest investment. It should be something you choose to do, not something you feel like you have to do.
One of the reasons we created Homestead Group is because we wanted our clients to know that we are also there to help them. It’s supposed to be a mutually beneficial relationship. That’s why we’ve developed a reputation as a company that can be trusted for these types of fast purchases
It can be difficult to spot trustworthy companies from scams. But if you explore the cash investors that are available, you’ll often be able to see exactly who you can trust. Call us today at 916-662-1696 for more information.