Nov 3, 2017

Are those Investors Offering Cash for Properties a Scam?

Our Client:

I wanted to tell you about a conversation I had with a client the other day to see if I could help you avoid this situation. We had a client come in who owns multiple properties in Northern Virginia. She’s not in a distressed situation, but she wanted a quick, easy sale. Long story short, she signed two contracts with an investor buyer for well below market value. But at the end, the contract has her paying all closing costs, assuming a note and a lot of other crazy contingencies that really should not have in place. We’re going to help her hopefully get out of those contracts, sell the property quickly as is for close to market value and make sure she makes a lot more money on these properties.

Cash Investors:

I tell you this story because there’s a lot of companies who will buy your house fast and cash. A lot of these companies are legitimate, but some aren’t. So these particular fly-by-night investors really wrap this person up with a terrible contract that doesn’t protect her at all for well below market value and she assumes all the risk.

Better Option:

What we do here in our team is help you accurately value your property. There’s no cost or obligation. We’ll tell you what we can sell it for in as is condition or even in repair condition. And we can often help you get a home sold in as is condition even if it needs a lot of repairs with no upfront money. We can typically get you a thirty to forty five day close for more than a lot of these cash investors will pay! What we do is market the property to investors across the world to get you the most money that someone will pay in as is condition while protecting you the whole way through the contract.
So if you want to consider selling your home in as is condition you don’t have to repair it but talk to us so we can at least give you advice and give you your options and make sure you’re protected along the way.
If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!
 

Jennifer Young Homes


Keller Williams Realty
703-400-6757

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