Selling your home can be stressful, and the fear of scams only adds to the challenge. If you’re considering selling to a real estate investor rather than listing with an agent, it’s essential to take precautions to ensure you’re dealing with a legitimate buyer. Start by asking for proof of funds—any serious investor should be able to provide bank statements or documentation proving they can follow through on their offer. Research their reputation by checking the Better Business Bureau (BBB), online reviews, and client testimonials. Avoid contracts with lengthy inspection periods, as reputable investors know they’re purchasing the home as-is and won’t use inspections to back out or renegotiate unfairly. Be cautious if the contract includes “and/or assigns” language, as this often indicates a wholesaler looking to sell your contract to another buyer rather than closing the deal themselves. Finally, be wary of sight-unseen offers, as genuine investors will want to inspect the property before making a commitment. Taking these steps will help you confidently navigate the selling process while protecting yourself from potential scams.
source: https://www.integrityfirsthomebuyers.com/how-to-spot-trustworthy-real-estate-investors/
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