Are These We Buy Homes in Houston Companies Credible?
Posted: Nov 24, 2016
If you've been driving about in Houston, odds are you have noticed some billboards, road-side signs, and car window ads advertising providers that invest in homes.We Invest in Houston Homes – Are They Trustworthy?
You can't help but see them everywhere you go. They're usually road-side or light pole attached neon yellow or white with blue lettering bandit signs that read " We buy Houses" or " We buy houses for cash" or "We can buy your house in as little as x days!" or " We buy houses fast for cash!"
Are these "we buy homes in Houston companies" credible?
There doesn't seem to be many customer reviews, how do I know if they are reliable or honest or even worth taking the time to call them.
How can you tell one "we buy houses" company from another when they all look the same. Usually their advertisements say the same thing, when you call or email them you find our their process is the same, so what should you know before you should work with anyone of them?
When done by honest, straighforward, integrity-driven investors, buying and selling houses is a great profession that allow local investors to help beautify communities and help local residents to sell their house and buy their dream home. Most investors are the kind of people you'd want to surround yourself with- intelligent, honest, helpful, but like with anything there is also the opposite. There's a minority of investors out there who are disingenuous, un-trustworthy, un-principaled, immoral, and downright theiving scoundrels… I just re-read that sentence and realized I've been living in the south too long… I'm starting to sound like a cowboy from the old westerns :). It's that small minority, those snakes in the grass that give the rest of us a bad name and tarnish our reputation.
You will discover folks who are seriously good, ethical folks who boost their cities one house at a time.
And then there's shady, dishonest people who place money ahead of the financial health of their clientele and who would sign the contract to sell their very own mother with a single hand while stabbing you in the neck using the other – so long as they had been earning enough money.
Yes, they may be out there.
We'll make it easier to stay clear of these "shady property buyers" so you may work with truthful, ethical, and reputable local corporations who can purchase your home for a fair all cash offer and close on your timeline.
But let's not concentrate on the negative – at the very least not quite yet.
1st, let's cover precisely what the ideal house-flippers are carrying out.
What Reputable Houston Property Buyers Are Doing
Helping folks enhance their lives by accessing the money they need right away.
Individuals generally have to have the money in their house to cover unexpected medical costs, or to relocate to be closer to relatives. We are able to make that happen in just a handful of days, and we deliver reassurance.
Assisting sellers sell a challenging home sans the stress of having to list it using a real estate agent and wait months and month for any sale.
Developing neighborhood jobs.
We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and quite a few other community members along the way. The typical real estate transaction involves Eighty-six folks from the beginning to the end. Our investments help make actual jobs for folks near Houston, Texas.
Investing in US solutions
We spend tons of dollars on components that are created right here within the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy is dependent upon steady improvement, and that demands investment from people like us.
Maximizing the value of Houston neighborhoods.
When we enhance a property, we're assisting to raise the value of your entire community. We generally repair abandoned and neglected houses, turning them into attractive properties for families. That activity strengthens Houston.
Maximizing the tax base.
When a brand new purchaser buys one of our many properties, they'll be liable for a larger tax rate determined by the new and improved worth. Those taxes go to pay for our schools, fire, police, libraries, streets along with other important pieces of infrastructure. Once again, improving our neighborhoods.
Fairly cool stuff, right?
Numerous people see house-flipping as a get-rich-quick scheme. That's fueled by silly "reality" shows that amp up the drama simply because the reality of what we do day after day is actually pretty boring.
The majority of our work is coordinating with numerous men and women to make sure items are taking place on time. We have to help keep track of numerous moving components.
So let's get back to how you may use this facts to discover if someone is actually a credible investor, and not merely pulling a residence buying scam.
Tips on how to Assure You're Working With a Reliable Neighborhood House BuyerSell my Houston Home Fast
Any time you talk with a neighborhood property buyer to potentially buy your house… ask them many of the concerns below to make sure they're reliable, knowledgeable, and truthful.
Ask open-ended queries like:
How do you enable your customers?
What do you do for folks?
Are you able to tell me additional details about your solutions?
Which aspect of the enterprise makes you the most proud?
How would you describe your investment philosophy?
How do I know that you will close on my home whenever you say you can?
Second, look for tell tale indicators of tactics that those couple of shady operators have a tendency to use.
"Kitchen table closings" – If a house purchaser tries to get you to sign the deed (ownership) of the home over to them at your home, in lieu of an expert location like a closing lawyer or title company… be leery. Most respected home buying solutions will perform the actual closing of the sale at a neutral 3rd party location… like a title company. This guarantees everything is performed correctly and on the up and up.
Pressuring you into a rapid closing – If a residence buyer tries to stress you into selling your house and says that you have to make the selection today, be leery. Most reputable home buying services will make you an offer and that offer might be on the table for no less than 2-7 days (minimum) for you personally to make a choice. The reason reliable property purchasing services like ours at Glymph Properties place deadlines on our offers is simply because the marketplace changes and values can change week to week depending on other sales within the area, also… we purchase many homes a month and when we make you an offer we're assuring you that the money to buy your house is prepared and we'll reserve that money for numerous days so in case you do want to sell your house, we can close in your schedule. When you feel the offer isn't a fit for you, then we'll assign those funds to assist another seller with their property sale.
Most scammers are searching to get a fast score, and not an in-depth interview.
Chances are very good that they'll come across excuses to get off the telephone and move on to somebody who does not ask lots of questions.
True investors who run truthful and ethical Houston home buying services focus on constructing long-term corporations determined by local Houston relationships and community development.
So when you're looking at one of the "we purchase houses in Houston companies"… under no circumstances be afraid to voice concerns!
"Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing."