Cash Home Buying Companies—Legitimate or Not?

If you’re familiar with the traditional way of selling a home, a cash sale may seem strange to you, and you may wonder whether it’s legitimate. Truth is, the vast majority of cash home buying companies are legitimate property investors and will give you a fair cash offer for your house. 

Most cash home buying companies are locally owned by people who live in your community. You can find out the owners by clicking on the “About Our Company” link on their website or by searching for them on the Better Business Bureau website.

You’ll also notice that most local companies are affiliated with a national property investment company. In order to earn this affiliation, the local owners have gone through training and continue to meet certain standards. Their affiliation ensures you that they are legitimate and know what they’re doing.

Any legitimate business person should be open, honest, and willing to take the time to answer any questions you might have. Check out the websites for the cash buying home companies you are considering working with. They should explain their processes and procedures clearly, and you should find a phone number to call to speak to someone.

It’s also common for cash buying companies to send a representative to your home to view your property. Although this is not a formal inspection, the company can review your property and its potential, and they will be glad to sit down with you and discuss your options.

If you’re like most people, you like to read about other people’s experiences with a company before doing business with them. The company may put reviews and testimonials on its website. That’s a great start, but of course, it’s natural to omit any negative comments or bad experiences people might have. Look for independent reviews on other sites to get a full picture. A company that has no reviews available on any website warrants more investigation.

Selling to a cash home buying company can be a legitimate option for people who want to sell their homes quickly and without the expense of making repairs or the headaches of waiting for an offer. But, just like any other financial decision, you should check out the company you plan to do business with.

Thinking of selling your Utah home for cash? Learn more about Utah Sell Now by clicking here.