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Helping Senior Home Sellers Weed Out Fake Cash Home Buyers

Even with a red-hot real estate market for home sellers, there is still a need and want by some home sellers to sell their house quickly to a direct cash home buyer.

Maybe the house needs repairs or updates that the homeowner just doesn’t want or have the resources to do. Maybe the benefits that a cash home buyer provides are of value to the home seller, and the homeowner just doesn’t want to sell their house in a traditional manner and list it on the market.

But as some home sellers are discovering, finding a “real” cash home buying company can be a challenge.

Unfortunately, with the current real estate market, combined with today’s technology, the “barrier of entry” for someone to say they are a “cash home buyer” is VERY low.

Today, someone is able to easily create a web site, put an ad online, and make it look like they are a home buying company.

Then add the ballooning “creative real estate” industry of the self-proclaimed gurus (even calling their groups cartels) teaching others how easy it is to get involved in real estate with the practice of “wholesaling,” and you have a dangerous situation for home sellers that want to sell their house in a non-traditional manner.

Identifying a legitimate cash home buying company can be a challenge for individuals that don’t typically work in the real estate market. But there are a few questions to ask home buying companies to help ensure they are “real.” One, ask if they are actually going to look at your house. Some of these companies will want to just make you an offer based on pictures they ask you to send them. You will typically want a company to actually come and inspect your house to provide you with an offer.

Two, ask for a reference of a local title company. You will want to call the local title company to confirm that this company actually does buy houses and not just “flip” or sell the contract to another company.

Three, ask how fast they can close and buy the house. A real cash home buying company can close as soon as the title company checks title and prepares closing paperwork, typically

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