You were going about your usual day and get a call or text from a random number asking if you’re interested in selling your house. Instantly you go in alert mode because you are not and it sounds like a scam. Homeowners are getting more and more of these calls and texts recently and trying to figure out if these “home-buyers” are legit or not.
Why are investors calling to buy your house?
Wondering why you received a call or text out of the blue? Well, it is probably not as random as you think. Investors will generate and pull various lists consisting of homeowners that might be in a pinch for money. These lists are available to the public and 100% legal to get. They consist of homeowners in pre-foreclosure, liens, divorcees, out of state owners, behind on taxes, code violations, probates, struggling landlords, recent water shutoff, poorly maintained properties and any owners in a financially difficult situation. To investors, these lists represent a homeowner who might need to sell their property soon.
If you did end up on one of these lists, you are probably fed up with continuous calls and texts asking if you are selling your property. In our opinion, this is a bothersome tactic by investors that shouldn’t be done. When a home seller is ready to sell they will reach out to a real buyer.
What red flags to look for
If selling your house does sound appealing to you make sure to take your time to do your due diligence when you receive an unsolicited call or text to sell your house. The common red flags to watch out for are:
- the buyer on the phone asking for an “administrative” fee. A real buyer will never require any money from you. Good Neighbor Home Buyers does not need any administrative fees when you sell your house to us.
- offer over the phone for your home. This one puts you at a serious disadvantage. This is a tactic so they “lock up” your deal and you can only sell to them. Usually, they use a very long option period and an undefined closing date. It is their intention to then start negotiating the price after they have a signed contract so you can not sell it elsewhere. No serious buyer will buy a property without looking at it in person. Good Neighbor Home Buyers will walk your property and present you with a firm cash offer within 24 hours.
- no proof of funds. A real buyer will have no problem generating a proof of funds. Good Neighbor provides proof of funds on every offer even if the seller does not request it.
- unprofessional. If the person on the other side of the phone sounds unprofessional you are better safe than sorry. Hang up the phone and call someone legitimate. When you call Good Neighbor, you always talk to a licensed real estate agent.
What If You Do Want To Sell Your House?
If you do want to sell your house but do not trust unsolicited calls or texts then you have the option to contact Good Neighbor Home Buyers. Good Neighbor does not make unsolicited calls or texts to homeowners because we believe that when a seller is ready to sell their Houston house then they will find us and sell on their terms. Being a legit home buyer we have a tendency to stand out from the rest so there is no need for us to do that. If you do wish to sell your house and do not want to deal with unsolicited calls or texts contact us at 281-713-3255 or fill out the form below. Sell your house on your terms. We will cover all closing costs, fees, and commissions so there is no need for complicated negotiations.