Selling your house to an investor? Who do you trust?

     

Selling Your House For Cash?

What does that mean? Selling your house for cash? Doesn't everybody get cash for their house? Well, in the end, yes, a seller will receive cash for the equity in their house. But, if the buyers are qualifying for a loan on the house, then there is the whole "loan qualification" issue.

Selling your House to an Investor

One way to sell your house fast is to sell to someone, typically an investor, who will bring cash to escrow, so there is no need to qualify for a loan. Investors also buy houses and don't require the sellers to make any repairs, do any fumigating, or pay any of the typical sales costs.

So getting cash from an investor is very different than selling your house the most common way.

Should you trust a real estate investor?

The most important question I get is: "How do I know I can trust you?" And maybe sellers don't always ask me that point blank, but I know they are thinking it. So, I typically say, "Why should you trust me?" and the sellers smile because they wanted to ask.

So, I give them what anyone should need to qualify a professional. I provide references from former sellers, buyers, agents, subcontractors, mortgage brokers and escrow officers. These are hugely important! By the way, here is a link to my Trustlink reviews and to my Yelp reviews.

There are many investors out there who either haven't bought a lot of houses from sellers, who are unscrupulous or who just plain don't know what they are doing, but will tell you they do. Shame on them. When it comes to a major sale like selling your house, you need to trust the professional with whom you are working. And I mean 100% trust them. I may not be able to read the future of the real estate market, but you can bet that I do what I say I am going to do.

So, trust your gut and trust your referencing. Combined they are powerful tool to use when deciding who to sell your house to.

Jennifer Shenbaum

About The Author

Jennifer Shenbaum is a real estate investor based in Southern California. She is a veteran of the housing market crash of 2007. Best of all, she offers free remodeling ideas to all who ask.