In the current world selling a house through a property cash buyer is the best choice for a seller who wishes to sell their property fast. Cash buying companies will give you cash quickly in exchange for your house. The condition of the home is not an issue and so you can get a fair price for your house very quickly. 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. This clearly shows that they do not really know the market or how to value a property. Many are the time they will make a proposal and then want it altered hen the deal is almost ending. This kind of a buyer will leave you disappointed and even more desperate. Ensure that your property is examined by various realtors in your area and find out from them what your house would cost. If the property buyer decides to conduct valuation for your property make sure that the surveyor used is an independent party.
Make sure that you receive a tenancy agreement from the buyer in case you decide to rent back the same property you have sold. this agreement states that the property seller can remain on the sold property. Ensure that you have agreed to the rental charges before you accept the deal. Most rental contracts are for one year, and renewable avoid buyers who want an agreement for less than a year.
Find out if a given cash buying company has a good reputation and if they have the relevant accreditation. These qualities are key indicators of a legal buyer. Also avoid a company that asks you to pay any fees upfront. A legitimate buyer will take care of all the legal cost and other fees.
Some cash buyers will want to have your house at an extremely low price compared to what it will cost in the regular market. Many buyers will buy your home at a price 25-45% lower than the market price which will not just take care of their cots but also allow or overvaluations from estate agents in the current uncertain property market.
Genuine cash buyers can exchange at 7 days of valuation and complete the deal at your convenience. Scam buyers will want to hurry the deal and finish it even in less than a two days.
Ensure that you do not end up accepting any price that you are offered just because you are in crisis. Find help if necessary so that you get what your property is worth.