There are a lot of people and companies who claim to be real estate investors that pay cash for houses. Unfortunately, many of these so called cash buyers are using bait and switch sales tactics to lure sellers into open ended transactions. One of the most common tricks used by shady real estate investors is an option period. An option period is a specific amount of time (usually 7-10 days) where the buyer can change his/her mind for any reason without any loss of their earnest money. This period is generally used to thoroughly inspect your house, and most likely then attempt to renegotiate the price. In addition to renegotiation, the buyer is under no obligation to buy your home during the option period.
At the end of the day, home owners call a real estate investor to sell their home as is, without the hassle of a traditional sales process. Not only do we make offers fast, they have no conditions on them.
Some of the dangers of allowing a formal inspection are:
- You must disclose any and all reports you have received
- Certain plumbing tests can permanently damage your home
- Wasted time
- Increased headache
- Lower sales price after inspection is received
How We Buy Houses
We buy houses as is for cash. We also provide you a solid offer on the spot without any tricks. Don’t be tricked by an offer that has contingencies, options, or inspection periods. Those offers are meant to mislead sellers more often than not. Call us today to sell a house in the Dallas Fort Worth Metroplex, at 214-444-7926. We will provide a free, no obligation cash offer on your home. Not only will we make you an offer, we’ll buy your house as is for cash without any tricks, options, inspections, or renegotiation.
Fill out this form if you’d rather not call right now. We will answer our phone. Not only will we do that, you will speak with the actual decision maker.
In conclusion, make sure you know what you are getting into when you deal with less established house buyers.
Not only do we buy houses as is, but we pay all of the closing costs.
[…] The danger is, once they’ve inspected your house you could have a serious problem. Some inspections can damage your home. Other inspections can leave you with a serious disclosure issue. If you are selling your house as […]