It is no secret that most of the population of home sellers are interested on one thing, ‘How do I sell my home fast?’ When selling the home quick seem to be quite common nowadays secondary to various reasons, some actually really need to sell their houses pronto. This is actually why We Buy Houses were created scattered per city.
Some We Buy Houses (WBH) actually are life-saving group when it comes to fast and assisting process; most legitimate sites do want to help people who truly needs someone to purchase their house specifically if the reasons are financial crisis or property issues in general. This is why it is kind of mandatory to know and be aware how does WBH actually works. Here’s some information regarding the concept and behind-the-scenes on how they work.
Run-through of the Process
We Buy Houses often have a certain pattern of process. Contrary to popular belief, some of them are not actually money-grabbers. Take perhaps in example WBH Georgia, who has a firm vision and mission regarding their line of work. Here’s an example of their process flow:
- Name search in Public Records
- Marketing for an offer
- Cash offer
- Contract Signing
- Due Diligence
- Meeting at the Title Company
- Closing Deal
- Receiving of Check
As simple as the outline flow, there’s actually a systematic reason each process stated. This means, WBHs are not really the undeniably fast and easy process, as one bystander would say.
What to Expect
Just like some realtors and buyers, expecting a phone call from WBH is pretty typical. In Georgia, they do value transparency and rapport with clients. This is why they do a property check first – this is provided that they have already marketed (via various platforms i.e., Postcards), introductory called the seller, and have made him or her submit a form to their site.
With those process ticked off the list, WBHs would check the property to further know anything about it – and yes, they do research and provide the best possible offer. Like other legal buyers, they do set their own criteria in order for them to actually buy the house, so if the property does not fit their standards, they will humbly inform the seller.
We Buy Houses are frankly speaking, quite upfront. This is to ensure that no time is wasted on both sides. Once they had determined that the house is criteria approved and the offer is also a great fit for the seller, an appointment will be made.
How to Know the Best We Buy Houses to Trust?
In reality, there could be a 50-50 chance that sellers face real estate buyers who are more concerned on the money they would be saving rather than what the house really deserves. The best way to know whether the site or group is trusted is to figure out whether they are after the cash they’d be making once the house is bought or the idea of helping.
Some key tips perfect for a head start would be:
- Check the website’s core values, vision and mission
- Do a background check on testimonials or reviews
- Google verify if they have Google Listing / My Business
This way, it would be much safer to entrust the seller’s home without the fear of compromise on both parties.
Given the stereotype that We Buy Houses are often scams and untrustworthy, being knowledgeable and educated about the process and what sites to trust on would be the best way to break the rumours. After all, one should never judge a house by its front porch.
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