When the housing market shows a general slowdown, usually when winter is around the corner, numerous people turn to house buying companies in order to find a potential way to make a fast sale.
Well, even though there are many housebuyers Chicago has to offer that are genuine and operate in ethical standards, there are still bad ones and you should do everything you can to avoid them. So, how do you sort the good from the bad?
This brief post will point you towards the right direction. First and foremost, if you are looking to sell a house fast, you should keep in mind that it’s likely going to be one of the most significant transactions in your life and will call for research.
Regardless of how desperately you need to make a fast sale on your property, at the very least, do some research online on the company you are considering. Keep in mind that are several ways that an unscrupulous firm might try to make money from you without even purchasing your home.
First, stay away from National rate numbers like 0870 as they are simply a way for the firm to make money at your expense. Secondly, you should always pick a house buying company that’s willing to make an offer without obligation or cost.
After all, you have every right to know from the beginning what percent below the current market value they are likely to offer you.
If a real estate investment company isn’t clear and open at this stage, they have something to hide and are best left alone. Thirdly, never pay any fees upfront.
You shouldn’t expect to pay any legal fees or for surveys for the sale of your home. Also, in regards to surveys, you shouldn’t rely on external valuations as the sole basis for valuing your home.
These are supposed to be just guideline valuations and you should instead arrange one for yourself and ensure the surveyor is accredited by the relevant agency.
From the numerous housebuyers Chicago has to offer,
it is best to pick one with state or national coverage.
This shows that they have a brand name as well as a reputation to protect and that translates into a higher level of customer care.
The best of these home buying companies will have offices across the state as well as local managers familiar with the area and the market condition.
They will also be willing to advise you on whether it is a good idea to avail of their services or not. The unfortunate thing is that there are numerous ‘one-man’ property buyers that try to pass themselves as national.
Another test of a firm’s standards and ability is the length at which they are willing to go in order to come up with a solution that matches your needs.
There are numerous ways to make a fast sale other than selling at a discount. Also, the representative on the real estate investment company should be happy to visit you before the final offer is made.
Also, with the housebuyers Chicago has to offer, you should expect an offer, regardless of the status or condition of your home.
You can put your mind at rest by asking for referrals and testimonials. A reputable company will never shy off from these, especially in the real estate industry where this feature is a big deal.
There are several other things to look out for, like companies that will not provide an office address on their site, names and phone numbers of local contacts.
Lastly, you should never do business with a company that has very poor ratings and reviews online. This is where the internet really comes in handy.
Keep these tips in mind and you will be on the path to finding a quick and hurdle-free solution to your needs.