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Cash For Your House in 3 Days in Pasco County, FL – Is it a SCAM???
Do you want to really find out how to sell your house in Pasco, Port Richey, Holiday, New Port Richey or Aripeka as quick as in three days? Is it legit or is it a scam? Well, for the most part it is totally legit. But let us tell you how to spot the “cash buyers for your house” buyers who run a scam.
So to get down to how to spot when one of these buy your house quick companies or investment firms are trying to run a scam, all you have to do is pay attention to the contract they present to you and look for one simple thing. Do they have the ability to reassign the contract?
You may be saying, well, what does that mean? Quite simply, it means that if they contract to purchase your house in Port Richey, New Port Richey, Holiday, Hudson, or anywhere in Pasco county, that they have the right to turn the contract or reassign it to someone else.
So why would they want to do that and how is that a scam? Well, here is what many of those companies will do. They will come to your house and do their walk through on your house and provide you with an offer. They will present you with a sales contract for your house and once it is signed, you are under contract to sell them your house for x amount of dollars. For arguments sake, let’s say the amount they are purchasing your house for is $50,000. Then since you are now working with them, they will start to market your property to other buyers in the wholesale housing market. They will market it to other wholesales, flippers and the like for just a little bit above what they are paying your for it; maybe $52,000 or so as there is not a lot of wiggle room or profit in the wholesale market. If they can find another buyer and make a deal with them, then they will reassign the contract to them. Then you will actually close with the new buyer for the $50,000 to you, and the new buyer will pay $52,000 with $2,000 going to the person who you originally agreed to sell your house to in the original contract.
So you may be asking yourself, “Well, how is that a scam?” Well, if it worked out this way, but probably 80% of the time this is not the way it works out when you are selling your house quick for cash. What most people don’t realize, is that in Pasco County, Holiday, Port Richey, New Port Richey, Hudson and Aripeka is that you can back out of a house sales contract for pretty much any reason. So what these buyers will do is they will market your home to the rest of the wholesale community and let’s say that they do not have any bites, well, then they will try to get a one week extension on the cash closing of your house by saying that their money is tied up or something like that. You will more than likely say, “Ok, no biggie, what is another week as we are just about to get our quick cash.” So they will use that week to continue to market your house in the wholesale hoping someone will decide to purchase your house from them. They will keep extending it like this for as long as they can (which is really how long will you keep letting them get extensions), until they sell it to someone else, until they give up as they can’t find someone else to buy your house quickly, or until you get frustrated with them and cancel the sales contract. Why do they do this? Well generally, they are looking to make a fast buck and/or don’t really have the money to purchase your house which is why they have to reassign it to another buyer and try to make a few bucks.
Our goal is to help make your life easier and get you out from under the property that’s stressing you out… while still paying a fast, fair, and honest price for your house.
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So how do you avoid this situation when you are trying to sell your house as-is and quick for cash in Pasco County, FL? Make sure the contract you sign does not have the ability to be reassigned. So now you may be asking…”How does that help me sell my house quickly and know that I will receive my cash fast?” Quite simply, companies like ours do not put into our contract that we want the ability to reassign the contract because we are going to purchase your house in three days like the contract states. No gimmicks, no games. We have the cash available to purchase your Port Richey, Holiday, Pasco County house quickly and at a fair price. So don’t get the run-around from other companies that promise to purchase your house quickly and can’t. Give us a call at 727-Home-Buy and let us give you a fair offer for your house and help alleviate any stress or headaches in the sale of your home.
We buy houses in Lakeland, FL and all surrounding areas in FL. If you need to sell your house fast in FL, connect with us… we’d love to make you a fair no-obligation no-hassle offer. Take it or leave it. You’ve got nothing to lose 🙂