Home buying companies play a significant role in today’s real estate industry. They offer a great home sale alternative for those who either can’t wait out the traditional home listing process or simply want to avoid all of the headaches and uncertainty associated with hiring a real estate agent in order to sell a house. And best of all, they often make selling a house both quick and easy. These are only a few of the many advantages of selling your house to cash buyers.
However, This doesn’t mean that all home buying companies are created equal. Some websites out there that promise “Cash for Houses” and great sale offers are actually unscrupulous crooks looking to con you out of your money. These days, since the advent of the internet, we buy homes scams have really been taking off. If you’d like to protect yourself against such con artists, be sure to research the signs your cash buyer is a scammer.
However, even if the cash home buyer that you’re thinking of selling to is genuine, this doesn’t mean that they’re the best company for the job. Naturally, you’ll want to work with a company that is credible, reliable and well known within your local community for making good offers. In this blog post, we will the 5 signs of a reliable home buying company in South Saint Paul.
For more tips on working with cash home buyers, explore our latest post that focuses on how to sell your house to an investor in the Minneapolis area.
Signs of a Reliable Cash Home Buying Company in South Saint Paul MN
Read on to discover the top signs that a cash home buying company is both reputable and reliable in South Saint Paul MN.
1. Is the Cash Buyer Focused on Your Needs?
It’s obvious when someone cares more about your problems than they do about their bottom line, and this is a credible sign of a trustworthy home buying company in South Saint Paul. An honest home buying company will take the time to listen to your needs. They will guide you to the best solution for your specific situation, even if that means recommending a real estate agent as your best option! They should also have information available for assistance, should you be facing financial difficulties. A good company will make you feel that they are focused on the reasons you are selling. If they’re not listening, or something feels off in your gut when you meet, it’s time to walk away.
2. Have the Cash Buyer Put you Under Pressure?
Giving you all of the time you need to feel secure about the company you’re dealing with is the standard with an ethical home buying company in South Saint Paul. You should never be rushed into such an important decision. Asking you to close the deal at the time you first meet with a home buying company isn’t a good sign. If it’s suggested that you close without the involvement of any other professionals, consider this a huge red flag. With so many opportunities, there should be no need for a company to make you feel pressured into a deal.
3. What’s the Cash Buyer’s Money Flow Like?
Offering a down payment along with their main cash offer is a strong sign that you are dealing with an above-board home buying company in South Saint Paul. The money should be flowing towards you, not away. If you’re asked to pay them any type of fee before you ever realize a penny from the sale, this is a sure sign that you should be showing them to the door. Otherwise, you may soon find yourself out of hundreds, or even thousands, of dollars to scammers.
4. Does the Cash Buyer have Good Reviews?
Check social media. This will help you verify if the company you intend to sell to is credible or not. Companies that regularly post and interact with your local community are well-established trustworthy home buying companies in South Saint Paul. Be certain to check for companies that include reviews and testimonials. You will also want to take note of their online advertising in general as well as their office, their signs, and even their paperwork. If they’re polished and up to date, this is certainly a good sign.
5. Has the Cash Buyer Guaranteed Closing?
A quality home buying company provides you with a closing date, usually somewhere between 7 to 30 days. This is a sign that you’re dealing with a principled home buying company in South Saint Paul. A home buying company should also be open to working with whichever mortgage company, or inspector is best for your specific situation. If you find them pushing certain people down your throat, this is a bad sign. If they are attempting to push closing out to 60 or even 90 days, you may realize more benefits from working with a real estate agent.
With so many investor home buying companies flooding the South Saint Paul market, it can be difficult to know who to trust. But you can trust us. Here at FastPath Home Buyers, we buy houses in South Saint Paul MN. We pride ourselves on providing a service for our community. Unlike any other investors who will try to take advantage of you, we give our home sellers the highest possible offers we can. Contact us today for a fair all-cash offer, either by calling (612) 351-2384 or by filling out the short form below.
FastPath Home Buyers fits the bill, we’re highly reviewed and invite you to learn more about us. We will answer all of your questions, with no obligation.