“WE BUY HOUSES” … You’ve probably seen the signs and you may even know about some companies that advertise the ability to buy your house quickly and pay with cash. But most people have a vague view of what Sell My House Fast For Cash in Texas actually means. Suppose that you needed to sell your house quickly – for whatever reason – and there isn’t time or money to sell your house the traditional way, with a realtor.
So if you find yourself in this position, you’ll probably start to wonder: “Is there any way for me to get an honest price if I sell my house fast for cash in Texas?”
The great news is you can. It’s not a scam at all, however, like most things in life, you will just going to need to practice your due diligence and take action.
Within the last decade, the number of professional home buyers has gone up dramatically, and within them are many reputable ones. You will just need to do some background research first, like making sure the investor has the means to perform (this can be done with a simple proof of funds). Then, if you decide that the whole “sell my house fast for cash” thing is right for you, you will be able to cash in on the benefits…
How Does It Work?
When you are working with an established and reputable company, the kind that can truly deliver when it comes to the matter of “How to sell my house fast for cash in Texas” will have a process laid out to make the sale of your home as easy as possible. After you speak on the phone, someone from their company will go check out your house. At that time they will crunch the numbers and see what a fair offer for the house would be. They would come up with a fair price by taking into consideration what the cost would be to fix the repairs with material and labor. After you and the representative from the company have come to an agreement about the price and the terms, you could have your money in as little as a week. Simple and fast.
What are the Benefits?
There really are a ton of benefits. Some of the things that people love most are the fact that your house doesn’t have to have people in and out of it for months before getting an offer and then an additional two or three months to close. Another great incentive to sell your house fast for cash is that there will never be any appraisals or inspections that you have to pass. Houses are bought just the way they are without you having to make repairs. The entire process is meant to be without hassles or headaches, so that you can move on with a fair price from a respected company.
What to Avoid? What Should I Look For?
Just like other industries, you will get your share of bad apples within the professional home buying community. There are two very common scams to be aware of as you decide to look into the best company to work with:
Signed Contract Then Bait and Switch
The essence of this scam is to get you into a contract that they intend to change. It starts out with an expressed agreement with you and the cash buyer. But when they come to produce an actual written agreement it claims to be a formal copy of what your verbal agreement was about. Most people vaguely look this over and then sign. Now that the investor has gotten you in contract, they will begin to “find things” in the property to use that as leverage to start skimming down the price before you are only getting a fraction of what you started with. So you end up in a poor deal and end up loosing money or get entangled within court battles.
Skimming Equity
With this scam, what essentially happens is after you (the seller) transfer the deed to the “investor”(a person who does this is not an investor, they are a thief) takes off with a big chunk of the equity. This is done when they have you making payments to them instead of your bank. What they are doing is using your equity to get other lines of credit against it, and taking your monthly payments. This is heavily targeted towards people who are in foreclosure .
So, How Can I Sell My House Fast For Cash In Texas?
So, if you do want to sell your house fast for cash in Texas – but you want to do it the right way, then you need to make sure that you only work with honest professionals that are going to treat you fairly and honestly. You want to make sure that you are selling to a company with an honest reputation. Some great resources to check on the legitimacy of a company is with the Texas Chamber of Commerce, the Attorney General, and the Better Business Bureau.
It important to always, always understand what it is you are signing and when available, consult with a 3rd party that you trust. Make sure that all your agreements are always in writing – any true professional is going to want the same. The most important thing to remember is: it sounds too goo to be true, there is a good chance that it is.
Once you have done your research you will begin to realize that “Sell My House Fast For Cash in Texas is 100% legitimate – if you are selling to the right company. And if you need to start somewhere, looking into Savannah Properties is a great place to start. If you would like to talk to someone about getting an offer for your house, then you can: