5 Ways To Tell A Great Home Buyer From A Bad One In Huntersville

It’s time to sell your house, and compare home buyers in Huntersville, NC. How do you know if this buyer is a great home buyer or a bad one? With the wonders of  the internet, you are able to do your homework on just about anyone or anything! Check with credible rating sources to see what other people’s experiences have been, see if they are active on social media, and evaluate the level of professionalism of their website? What kind of property do they regularly purchase?

Quick Cash

Great home buyers will offer you a quick closing; sometimes as fast as 2 business days. They will offer to pay for your property in 100% cash, but may also use other payment types to suit the situation. Bad home buyers are difficult to get in touch with, they may offer you a quick closing but constantly delay or do not return your phone calls or emails. If they do close, they may have had to be qualified for a loan first, and hopefully, they are able to have the final closing. Great home buyers will also not typically renegotiate unless extraneous situations arise or hidden facts are uncovered. Bad home buyers may try to readjust the price, maybe even multiple times.

Great Reviews

A great home buyer will have a lot of reviews, mostly positive. We all know that things happen, and sometimes people make mistakes, so there may be some negative reviews. This shouldn’t sway your decision too much at first, but make sure to read if the home buyer has responded to the reviews. If they did, how did they handle the situation? Do you agree with how they handled it? If you were the seller in that situation, would you have been settled? Also, don’t be afraid to ask around. Have your family or friends ever heard of this buyer?  Check out the reviews for Property Solutions!

Their Personality

Great home buyers have a positive attitude about real estate and they follow through. If you ask them to call you back at a certain time, they will do so consistently. Say what they mean, and mean what they say. Bad home buyers will over-promise and under-deliver. They will set appointments with you, and never call you back or never show up. Can you imagine spending hours tidying up, cleaning the house, clearing your schedule to make sure you are there on time, and the potential buyer never shows up?

Professionalism

Do they answer the phone in a professional manner, and return calls in a timely fashion?  If they are using a company name, it is very easy to check with the NC Secretary of State’s Corporation Division, and see if it is a real company, or simply a name they made up.

References

References are an important part of business. A great home buyer will have multiple references you can call to see how they do business, and they shouldn’t hesitate to answer any of your questions. If they do, then this may be a sign they are a bad home buyer, or possibly not a real home buyer at all. Unfortunately, many people prey on those looking to get rich quick, and hold seminars or sell books teaching people that you can make money in real estate without cash, access to cash or credit.  These same “teachers” invariably tell neophyte investors that you have to “fake it till you make it”, and do actually pretend they have been doing this for awhile and know exactly what they are doing.  We have bought a good number of properties from people who thought they had the house sold, only to have the “home buyer” disappear on them,and stop answering or returning phone calls.  Look at their website, does it list reviews? Are they situation-specific, or is it a really general, too good to be true review that makes you question if it’s just standard language that came with the website when they bought it? Do they have a presence on social media or other rating websites? What are their followers saying in their comments? Do they have public reviews to read? 

Closing

A great home buyer will commit to a relatively quick closing date, anywhere from 2 to 30 days and will provide a deposit. They will not try to rush you out of the home and stay in contact with the title company. A bad home buyer may try to extend the closing date multiple times, or ignore the closing date altogether and may have never submitted their deposit according to the contract. If the buyer is using financing, there will be very few items listed on the commitment letter. Bad home buyers will have multiple issues listed on their commitment, possibly questioning sources of funds and a sudden drop in credit score.

Please call us at (704) 625-0260 or fill out this short form for an online offer to discuss ways to tell a great home buyer from a bad one in Huntersville.

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