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. Working with cash buyers will ensure you get cash fast for your house. These buyers take any house regardless of how it looks making sure that you get what is right for your house within a short time. Despite this you need to work with a company that is reputable. The following are tips to help you know if a buyer is genuine or not.
Wary from those companies who give price quotes for your property without first evaluating it. A buyer who does this means that they are inexperienced in this field and do not know how to go about the process. Most of them will cancel the deal when it is almost at the peak. Dealing with this kind of a buyer can break a seller’s heart and even lead them to making desperate decisions. Ensure that your property is examined by various realtors in your area and find out from them what your house would cost. If the buyer offers to carry out house assessment ensure the surveyor is an independent candidate.
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. It is also important that you agree on the future rental fees. Most legitimate company will offer you a 12-month agreement which can be renewed, do not accept a deal for a company that offers a six-month rental agreement.
Check if the buying company has a solid and proven track record a well as having all necessary insurances in place. These are very crucial as they will help point a genuine cash buying company. Also avoid a company that asks you to pay any fees upfront. A genuine cash buyer will cover all the transaction fees that needed for the deal.
Some companies exploit sellers by paying very little for the seller’s property. Reputable cash buying companies will give a price that is not far from the market value of your property with all the transaction expenses being on their shoulders.
Genuine cash buyers can exchange at 7 days of valuation and complete the deal at your convenience. Be cautious of those companies that give the cash in less than 48 hours.
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.