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Cons When Selling to Real Estate Investors

Investors Do Not Need a License to Buy – NOT ALL CASH INVESTORS ARE CREATED EQUAL! This means that, as the seller, you research and learn about the person/entity offering to buy your home. Some investors highly qualified and well funded organizations, that have built a good and trustworthy reputation – while a lot of “cash investors” are merely people out to make a quick buck – they are not rated by the Better Business Bureau (BBB) don’t have the funding to make good on their offer and are only going to try and sell your contract to an able buyer (this process is called “assigning a deal”). These types of “investors” are cause for concern for many sellers because they tarnish the principles by which most reputable home buyers operate. There are Plenty of Scam Artists Posing as Investors – There’s a risk of fraud in any financial transaction, but it’s especially critical to avoid scams when dealing with your largest asset. To avoid any issues, get the name of the investor and do research online to see who they are, ask for references and look them up with the Better Business Bureau. Any reputable business will have a rating with the BBB. If they don’t, then they are just lazy – which is never a good sign. http://www.elitehomeoffer.com/blog/

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