Cash buying properties are the solution for fast selling of property. Cash property buyers are buyers who purchase homes quickly for cash. The condition of the home is not an issue and so you can get a fair price for your house very quickly. However, getting a legit buyer is very important. The following are key things you can look for to identify a reputable buyer and a scam.
Keep off from buyers who want to make a deal without knowing what your house is like. A buyer who does this means that they are inexperienced in this field and do not know how to go about the process. They will most of the time make an offer and then change it at the end of the deal. This kind of a buyer will leave you disappointed and even more desperate. Make sure that your property is assessed by several realtors so that you have a clue of what it may cost. If the buyer offers to carry out house assessment ensure the surveyor is an independent candidate.
A legit buyer should give you a tenancy contract if you resort to renting back plan. 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. Credible cash property buyers will give you an agreement for one year after which you can renew, any cash buying company giving less than this should be doubted.
Find out the history that a given cash buying company has and whether they have the right qualifications to be in that business. These qualities are key indicators of a legal buyer. You should keep away from those buyers who want you to pay some amounts before the deal is over. A genuine cash buyer will cover all the transaction fees that needed for the deal.
Some cash buyers will want to have your house at an extremely low price compared to what it will cost in the regular market. Most legit buyers will give you a price which is not more than 45% lower than the market value in which they will have catered for all the fees involved in the deal.
Legit buyers will end the deal not less than one week in which you have to be contented. Avoid the buyers who want the deal closed in less than two days.
Though are in need of cash do not hurry into accepting very low prices. Get help from experts before you think of selling your property so that you make a sound decision.