Selling your house fast for cash in San Antonio can be an easy process if you work with the right “cash for houses” company. The hard part is knowing which local San Antonio real estate investor you can trust when it’s time to sell your house. You don’t want to leave the sale of your home up to chance, especially if you are hoping to sell quickly. Making sure that the sale is going to happen the way you expect is very important. You don’t want to be blindsided at or close to the closing date with a failed escrow or a last-minute price reduction. If you work with the wrong real estate investor, these things can happen. Most investors have great intentions, however, if you are deciding who to work with, you should take the time to find the type of investor who always follows through and has the track record to prove it.
How Can You Make Sure You Sell To The Right Investor?
Don’t worry, there are a few things you can do to make sure you are dealing with a legitimate home buyer in San Antonio.
- Verify they are the end buyer or direct buyer
- Check their reviews
- Check the Better Business Bureau
- Proof of funds
- Do They Do What They Say
- Proper Paperwork
- Check With The Title Company
- Professional Appearance
1. Verify The Home Buyer Who Are Thinking About Selling Your House To Is The Actual Direct Buyer.
What this means is that person or their company is actually going to be the buyer of your home. Believe it or not, there are people and companies who are just middlemen in real estate transactions. They will often pose as the buyer when really, all they are going to do is attempt to sell your home to an actual direct buyer for a higher price. If you work with the end-buyer directly, you will likely get that higher price! No need for the middleman! This is probably the one tip that will make sure you get the most possible when selling your house for cash.
2. Check The Cash Homebuyer’s Online Reviews
Checking online reviews is something we do frequently in other areas of our lives. Making sure the homebuyer has actual reviews from real people who have actually sold their house to the home buyer is the first step. Google reviews, Facebook reviews, BBB reviews are the first ones to check. If the investor has video testimonials on their website that seem credible, that is a bonus and likely means they are going to treat you well. After all, if they were using bad business practices, they wouldn’t be able to get people to leave great reviews at the closing table right?
3. Check The Better Business Bureau
Check the Better Business Bureau to see if they are A-plus rated. The first place someone goes if they have a problem with a company is the BBB. If a company isn’t A-Plus rated by the BBB, it could mean there have been complaints that have caused them to lose their BBB status. Also, there can be valuable reviews on the BBB and those reviews are verified by the BBB so they cannot be falsified or altered.
4. Verify Proof Of Funds
Verifying proof of funds can be slightly uncomfortable for some people because they feel like it is a sign of distrust. We say trust but verify. A legitimate San Antonio home buyer should have no problem producing proof of funds. These should be funds in a bank account in their name that demonstrates they have the ability to buy your house and hopefully, the ability to buy multiple houses. This won’t offend the investor and is easily done if the investor really does have access to the funds required to buy your house.
5. Has The Home Buyer Kept Their Word Throughout The Process
Does the investor show up to their appointment on time? Did they call you back when they said they would? Did they bring the forms they mentioned they would bring over the phone? These may seem like small things, but small things can often point to trends and habits with the bigger things. If someone isn’t diligent about keeping their word on the easy things, they may not be diligent about keeping their word on the big things. While this isn’t the end all be all, it can be an indicator that might be cause for pause.
6. Make Sure The Cash Buyer Is Using The Proper Paperwork
Making sure the investor has the proper paperwork can be difficult for someone who isn’t trained in real estate or who doesn’t work in the real estate business. The easiest way to know if someone is using the proper paperwork is to ask if they are using the standard TREC forms. TREC stands for Texas Real Estate Commission and TREC has standard forms that are designed to be used by Realtors and other real estate professionals. If someone hopes to buy your house using a one-page contract when the TREC contract is 10 pages, that might be cause for concern and a sign that the investor isn’t a true professional.
7. Ask For A Title Company Reference
Ask the investor who their preferred title company is. Then call the title company to verify they have a business relationship with that investor. This is a great indicator that the investor regularly buys and sells real estate. Our preferred title company knows us well and loves doing business with us. They are happy to share great experiences with anyone who calls. Other title companies should be willing to do the same for other investors.
8. Does The Homebuyer Appear Professional?
Professional appearance does matter. If someone doesn’t treat buying your house with professionalism, you may not get professional results. Of course, there can be exceptions to this rule and we all know that you shouldn’t judge a book by its cover. This is the reason this topic is last on our list. There can be some merit to someone treating you with professionalism and it can be an indicator of future treatment. Keep this in mind and go with your gut on this one.
Connect With A Top Cash House Buyer In San Antonio
Selling your San Antonio house to a “cash for houses” company can be easy and smooth. Once you have verified you are in fact working with a legitimate cash buyer by using our tips above, you will likely have an enjoyable home selling process. If for any reason, you are having trouble with a home buyer who isn’t following through, see about tips on what to do next. To work with Capstone Homebuyers and have a guaranteed closing on the date you choose, give us a call or fill out a form and we will wow you with customer service and professionalism.