You must have come across billboards that advertise companies that buy houses. The billboards usually speak things like “We buy West Palm Beach Houses” or “Cash for Your House”.
Are These “We Buy Houses in West Palm Beach Companies” Credible?
Now the question arises, how would I know local house buying companies are honest and credible? Although most of the companies look and sound same at the start, but there are some of the things that you should consider about local house buying company before you start working with them.
Working as a buyer and seller of the houses is undoubtedly a respectable profession that can help house sellers and communities in many ways. But just like any other profession, there are always some bad eggs that ruin the reputation of others as well. Then there are some very good people in the business who are not only honest, but believe helping the neighborhood and works in an ethical manner. While there are few dishonest and shady people in this industry who worship money and can also sign a contract to sell their own grandmother. They are only concerned with making money and would not think twice before they stab in the backs of their clients.
We are here to help you to identify those honest, ethical and reputable companies from a pool of shady house buyers who will buy your house at a fair cash price and close on your schedule. Let us first discuss what the best house flippers are doing and how they can help you:
What The Reputable West Palm Beach House Buyers Are Doing?
1. Helping Folks by giving them access to the money they need
Some people are in dire need and need immediate cash to either cover unexpected medical expense or to relocate to be close to some relative. We are here to make this happen in a matter of few days and we ensure to give you peace of mind.
2. Helping sellers to get rid of the burdensome property without the hassle
It is indeed a troublesome work to sell a property that have been a burden for years. You have to go through pains of listing with an agent and putting up a show to attract buyers. We will save you from all these hassles by giving you a cash offer for immediate selling.
3. Creating local jobs
We create local jobs because we hire contractors, plumbers, electrician, brokers, title representatives, loan officers, administrators and many other people that are needed to close the deal. The average real estate transaction involves 86 people from start to finish, thus creating real jobs for people around West Palm Beach Florida.
4. Buying US products only
We spend tons of money on materials that are US made only and thus creating jobs in our local timber mills, factories, distribution centers and supply shops. As the US economy depends on the steady investment from folks like us, we ensure to help our country in utmost ways.
5. Increasing the value of West Palm Beach neighborhoods
When we improve the house, we not only increase the value of that particular house, but the whole neighborhood. We take responsibility to renovate abandoned and neglected house and turns them into beautiful homes for families. This helps to strengthen the West Palm Beach.
6. Increasing the tax base
We improve your neighborhood in other ways as well. When a new buyer takes over one of our properties, they will be compelled to pay higher tax rate on the improved and new value of the house. These taxes in turns go to pay for your schools, libraries, street, fire, police and other valuable infrastructure in your neighborhood.
Although most people are mistaken that house flipping is a pretty easy job and get-rich-quick scheme, but in reality it is a pretty tough and boring job which requires constant efforts and dedication. Most of our work is coordinating with lots of people to make sure things are happening on time. We are responsible for keeping track of lots of things and people. So let us use this information to distinguish between a credible investor and a house buying scam.
How to Know You Are Working With A Reputable Local House Buyer
There are a few questions that you must ask the local house buyer who is potentially interested to buy your house, to ensure they are honest, reputable and knowledgeable. Ask open ended questions like:
- How do you help your clients?
- What do you do for people?
- Can you tell me more about your service?
- What aspects of your business make you the most proud?
- How would you describe your investment philosophy?
- How can I know that you will close on my house when you say you will?
Secondly, you must keep your radar on and look tells tale signs and tactics that those few shady operators tend to use:
1. Kitchen table Closing
It is a red sign of warning, if a local house buyer tries to get you sign the deed of your home over your house rather than in a professional place like closing attorney or Title Company. You must be aware that most reputable house buying services will perform the closing of the house at a neutral third party place such as a title company. This ensures that everything is done legally and there are no glitches in the transaction.
2. Putting pressure on fast closing
You should step back if the house buyers put a mounting pressure on you to sell your house to them and says that you have to make the decision today. Most of the reputable house buying companies will make you an offer that will be on the table for at least 2-7 days. In that way you will have ample time to make the decision and do your homework. However the reason the reputable house buying service like ours at Home Solutions FLA gives you deadlines on our offers because the market conditions are not stable and value changes within a week depending on the sales in your neighborhood. We buy multiple houses and when we make an offer, we make sure to set aside the money to close the deal on your schedule. If you feel the offer is not fit for you, we will assign those funds to help another seller with their house.
Just remember that scammers are looking for a quick score and not for an in depth interview and once you will begin question them, they will excuse themselves. However, a true investor who runs honest and ethical West Palm Beach house buying services are looking for building a long term relationship and therefore will never be afraid to answer your queries.
Give us a call anytime at (561) 370-8335
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