The Truth Behind "We Buy Houses" Signs

Chances are, you’ve seen these signs all over town: the classic “We Buy Houses for Cash” signs taped on telephone poles and planted into high traffic areas.  But are they legitimate and more importantly, is it a scam?

While the traditional way to sell a home is through a realtor, for many people this is simply not an option.  Many homeowners find themselves in circumstances that don’t allow them to sell their home for market value. These are situations where the seller is in crisis, such as losing a job or developing health problems. Their home has fallen into disrepair and they don’t have the money or ability to make the necessary repairs. In many cases, they are no longer able to make payments and they are just looking to get out.

The people responsible for putting up these signs are typically investors or wholesalers. They would like to buy your house quickly and either sell it to an investor or flip it for a profit. In 2018 however, the truth is,  you need to do your research before giving into these “We Buy Houses” signs.

If the business is reputable, they will have more than just a bandit sign. Established, well-reviewed companies will have a website, testimonials, an A+ BBB rating and reviews on Google for the customer to check out.

Selling your home for top dollar is a major commitment, there are times when personal issues and the stress of just getting by making the thought of enduring the home selling process intolerable. These examples are certainly rare but common enough to explain the existence and success of these common “we buy houses signs”

The Benefits Of Selling To An Investor

Our sellers net about the same amount as a conventional sale (i.e. listing on the RMLS through a realtor), but without all the time and hassle and fixups and buyers traipsing through their house while they try to keep it spotlessly clean for weeks or months.  

When you sell your house to an investor, you don’t have to build anything into the asking price.

• There are no repairs required
• You don’t have to clean anything up
• You can sell instantly, so no more mortgage, utilities, insurance, maintenance, etc.
• No commissions, fees, or closing costs
• No hoping, marketing or waiting

It’s easy to determine your asking price when you sell to an investor.   You don’t have to worry and wonder if there will be any other fees or costs. The only “costs” you will have is whatever you already owe on your house like your mortgage and taxes.

If you are considering using a “we buy houses” company to sell your property, make sure you do your research thoroughly!  ...Or skip the hassle and give us a call or fill out the form below.