: A major red flag is any request for "processing" or "appraisal" fees before closing. Legitimate buyers do not charge sellers for the right to make an offer.
When evaluating these buyers, ensure your "report" or due diligence covers these areas: will buy your house
: You typically don't need to clean, declutter, or stage the home for listing photos. : A major red flag is any request
: Many "cash buyers" are actually wholesalers who secure a contract on your home and then "sell" that contract to a final investor for a fee (often $10,000–$15,000). : Many "cash buyers" are actually wholesalers who
: Investors usually offer between 50% and 80% of the property’s fair market value.
: Review contracts for language that allows the buyer to record a memorandum of contract against your title. This can prevent you from selling to someone else if their deal falls through.