There’s no doubt you’ve seen advertisements stating “We Buy Houses”. Billboards, television, newspapers, magazines, online, even driving down the street, these ads are EVERYWHERE. But are these companies on the level and are they even legal? If you’ve ever wondered “are we buy houses legitimate?”, then you’ve come to the right place!
Below, we’ll explain if these companies are legitimate, why you might consider selling to them, and how the process works.
Are “We Buy Houses” Legitimate?
So, are “we buy houses” legitimate? In many cases, the answer is yes! These companies are completely legal and will do what they promise: buy your house for cash. However, just like with any fother industry, there are scammers out there looking to take advantage of you.
Before contacting one of these companies, do your research, check their accreditation and customer feedback. Of course, not all online reviews are legitimate, but they will at least give you a good sense of how the company does business.
Who Sells Their House to These Companies?
There are many reasons why someone may seek the help of a “we buy houses” company, including:
- Threat of foreclosure
- Medical bills
- Going through a divorce
- Can no longer afford the home
- Needs too many repairs, such as foundation issues, water damage or termite damage
- Inherited an unwanted property
Meanwhile, some just want to forego the frustrating and time-consuming traditional process of selling a house by owner.
How Does “We Buy Houses” Work?
Every company has a different way doing business, but this is the process employed by the professional home buyers here at Highest Cash Offer:
- Initial Consultation
A seller contacts us to receive an initial consultation. Unlike some other companies, Highest Cash Offer will NEVER reach out to a prospective seller unsolicited, and only speaks to those that have reached out to us about selling their house.
A seller can submit their information via telephone or through our website. Their information includes the basics, such as name, number and address, as well as the asking price of the home. Upon receiving the submission, a specialist will contact the seller to discuss options along with the details of the property.
- Make A Cash Offer
After speaking directly with the seller, HCO will make a cash offer on the home. The offer will be based on the information provided during the consultation, the asking price and the fair market value of the property. An advanced real estate expert will explain the offer and answer any questions the seller may have about the proposal.
If the offer is agreed to or a price is accepted, a closing date will be set. The closing date will be set by the seller, so the sale can work around their schedule.
Once a closing date is established, an electronic contract will be sent to the seller. The seller can sign the contract on any computer or smart device, such as a phone or tablet.
- Condition Verification
After a deal has been reached and the contract has been signed, a specialist will make an appointment to verify the condition of the property. It is NOT necessary to tidy up or make any repairs before the inspection.
Sellers also do not have to worry about legal details or closing constituents. The entire process from start-to-finish will be handled by a professional, and you will be informed every step of the way.
We Are the Cash Home Buyers You Can Trust!
If you are searching for a way to sell your house fast for cash, then look no further than the #1 cash home buyers right here at Highest Cash Offer!
What separates Highest Cash Offer from other companies?
- We don’t make you pay for ANY repairs
- We will take over any tenants you may have
- We are personally involved in the sale – meet our team!
- We don’t charge ANY commissions or fees
And what’s more, we will make a fair cash offer on your home, close the sale around YOUR schedule, and deliver cash for your property in as little as SEVEN DAYS!