United States - English Change
Some investors will pay for the repairs themselves and split the increased profit with you after selling to a retail buyer.
Ask for a "Proof of Funds" letter from their bank to ensure they actually have the cash.
Some "buyers" don't actually have the cash. They put your home under contract and then try to sell that contract to a real investor for a fee.
Companies that advertise "We Buy Houses" provide a fast way to sell property for cash. While they offer a legitimate service for homeowners in distress, the industry is frequently associated with specific complaints and predatory tactics. 🚩 Common Complaints and Issues
Ask a Realtor to find a buyer without putting the home on the public market, which can sometimes be faster and more private.
Investors may lower their offer right before closing, citing "newly discovered" repairs.